Question
The revenue raised by the central bank through the printing of currency is called ______.
The correct answer is
Seigniorage
The revenue obtained from currency printing is called Seigniorage.
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Important Questions from Money and Banking
Match List I with List II :
List I
Indian Notes (New Currency)
List II
Pictures
(A) ₹10 (I) Ellora Caves (B) ₹100 (II) Konark, Sun Temple (C) ₹500 (III) Rani Ki Vav (D) ₹20 (IV) Red Fort Choose the correct answer from the options given below :
In which year was the Reserve Bank of India established?
- In which year was the 'Reserve Bank of India' established?
- Which of the following is NOT a component of the Fiscal Policy in India?
- What is the real interest rate on a Credit Card loan bearing 24% interest per year, if the rate of inflation is 10%?
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