66.

Paper currency first started in India in
A. 1861 B. 1542
C. 1601 D. 1880
Answer and Explanation
Answer:A
Explanation: No answer description available for this question.
67.

The ARDC is now a branch of the
A. RBI B. NABARD
C. IDBI D. SDBI
Answer and Explanation
Answer:B
Explanation: No answer description available for this question.
68.

Devaluation of currency leads to
A. fall in domestic prices B. increase in domestic prices
C. no impact on domestic prices D. erratic fluctuations in domestic prices
Answer and Explanation
Answer:B
Explanation: No answer description available for this question.
69.

Since 1983, the RBI's responsibility with respect to regional rural banks was transferred to
A. ARDC B. SBI
C. NABARD D. PACs
Answer and Explanation
Answer:C
Explanation: No answer description available for this question.
70.

Deficit financing implies
A. printing new currency notes B. replacing new currency with worn out currency
C. public expenditure in excess of public revenue D. public revenue in excess of public expenditure
Answer and Explanation
Answer:C
Explanation: No answer description available for this question.