Assertion (A): central bank is also known as the currency authority Reason (R): Reserve Bank of India enjoy the sole monopoly of issuing currency a) Both (A) Assertion and (R) reason are true and (R) reason is the correct explanation of Assertion (A) b) Both Assertion (A) and Reason (R) are True and Reason (R) is not correct explanation of Assertion (A) c) Assertion is true, but Reason (R) is false d) Assertion (R) is false and Reason (R)

There are two statements marked as Assertion (A) and Reason (R). Mark youranswer as per the codes provided below:Assertion (A): India is a country with a multi-party system set up.Reason (R): The multi-party system often appears very messy and leads topolitical instability.a. Both (A) and (R) are true and (R) is the correct explanation of (A)b. Both (A) and (R) are true but (R) is not the correct explanation of (A)c. (A) is correct but (R) is wrongd. (A) is wrong but (R) is correct

12. Supply of money refers to _____ (Choose the correct alternative). a. currency held by the public b. currency held by Reserve Bank of India (RBI) c. currency held by the public and demand deposits with commercial banks 13. There exists _____ relation between reserve requirements and total deposit created in the economy. a) Direct b) Inverse c) can't say d) none of these 14. When commercial banks fail to meet its financial requirement from all other sources, it approaches central at the last. This makes the central bank as _____. a) Clearing house c) Bank of issue b) custodian of cash reserve d) lender of last report 15. When value of money multiplier is 25 and value of CRR is 1%, the value of SLR is a) 1% b) 2% c) 3% d) 4% 16. Which of the following does not qualify for "banker's bank" function of RBI? a) Keeps the cash reserves of the commercial banks in its custody. b) Managing the public debt. c) Advancing loans to commercial banks. d) Settling interbank claims.

4.) Assertion (A)- It is the independence of the judiciary that allows the courts to play acentral role in ensuring that there is no misuse of power by the legislature and theexecutive.Reason (R)-we often hear of rich and powerful people in India trying to influence thejudicial processi.) Both A and R are wrongii.) Only A is correctiii.) Both A and R are correct but R is not correct explanation of Aiv.) Both A and R are true and R is the correct explanation of A5.) Assertion (A)-Each state has a High Court which is the highest court of that state.At the top is the Supreme Court that is located in New DelhiReason (R)-In addition to criminal law, the legal system also deals with civil law cases.i.) Both A and R are wrongii.) Only A is correctiii.) Both A and R are correct but R is not correct explanation of Aiv.) Both A and R are true and R is the correct explanation of A

Which among the following banks issues currency notes on behalf of the Central Government in India?

1. Money which is issued by the monetary authority of India is known as _____. A. Legal Reserve Ratio B. Legal tender money C. Legal Reserve Requirement D. None of these