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Rise in the price of a commodity means

A) rise in the value of currency only.
B) fall in the value of currency only.
C) rise in the value of commodity only.
D) fall in the value of currency and rise in the value of commodity.

Correct Answer:


B) fall in the value of currency only.

Part of solved Currency Inflation questions and answers : General Knowledge >> Economy >> Currency Inflation

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Similar Questions

1). Consider the following statements
The price of any currency in international market is decided by the
1. World Bank.
2. demand for goods/services provided by the country concerned.
3. stability of the government of the concerned country.
4. economic potential of the country in question.
Which of the statements given above are correct?

A). 1, 2, 3 and 4

B). 2 and 3

C). 3 and 4

D). 1 and 4

2). Which one of the following is emerged as a major instrument of Monetary Policy in the Indian economy?

A). Liquidity Adjustment Facility

B). Commercial Papers

C). Treasury Bills

D). None of the above

3). Which one of the following is the composition of Liquidity aggregate-2 (L2) other than Liquidity aggregate-1 (L1) in the Indian Monetary System?

A). Term deposits with Term Lending Institutions and Refinancing Institutions

B). Term Borrowing by Refinancing Institutions

C). Certificates of Deposit issued by Refinancing Institutions

D). All of the above

4). The Reserve Bank of India regulates the commercial banks in matters of
1. liquidity of assets
2. branch expansion
3. merger of banks
4. winding up of banks
Select the correct answer using the codes given below

A). 1 and 4

B). 2, 3 and 4

C). 1, 2 and 3

D). 1, 2, 3 and 4

5). Which one among the following is the globally traded currency that can serve as a reliable and stable store of value?

A). Soft Currency

B). Broad Currency

C). Local Currency

D). Hard Currency

6). Which one among the following is the precious metal (Gold) or other approved securities that a commercial bank must maintain as reserves other than the cash with RBI?

A). Cash Reserve Requirement

B). Statutory Liquidity Requirement

C). Forward Fund

D). Reserve Money

7). Consider the following statements
1. Reserve Bank of India was nationalised in the year 1955.
2. Reserve Bank of India is a member bank of the Asian Clearing Union.
Which of the statements given above is/are correct?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

8). With reference to Indian economy, consider the following
1. Bank rate
2. Open market operations
3. Public debt
4. Public revenue
Which of the given is/are component(s) of Monetary Policy ?

A). Only 1

B). 2, 3 and 4

C). 1 and 2

D). 1, 3 and 4

9). Consider the following statements
1. Reserve Bank of India can print and issue currency notes of denominations from two rupee notes to ten thousand rupee notes.
2. Reserve Bank of India maintains a separate issue department to look after currency issue.
Which of the statements given above is/are correct?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

10). Supply of money regaining the same when there is an increase in demand for money, there will be

A). a fall in the level of prices

B). an increase in the rate of interest

C). a decrease in the rate of interest

D). an increase in the level of income and employment