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2. Which Of The Following Is A Money Function? A) Medium Of Exchange B) Unit Of Account C) Store Of Value D) All Of The Above

Answer

D. Money has main 3 functions and some other functions as well: a. Medium of Exchange b. Unit of Account c. Store of value Other functions are: i. The Basis of Credit ii. A measure of Value iii. A standard of postponed payment.

8. Which of the following is NOT a nationalised bank? 1. State Bank of India 2. Punjab National Bank 3. United Bank of India 4. Punjab and Sind Bank

Answer

1. State Bank of India During the nationalisation of the banks in 1969 SBI was not included in the list because it was already a state-owned financial institution.

9. In which period was the legendary Victoria Terminus station (currently Chhatrapati Shivaji Maharaj Terminus), Mumbai built? 1. 1878 to 1888 2. 1911 to 1921 3. 1933 to 1943 4. 1843 to 1853

Answer

It took 10 years to built this station started in 1878 and completed in 1888. It was designed by the British architect F.W Stevens.