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NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking [Latest edition]

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NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking - Shaalaa.com
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Solutions for Chapter 3: Money And Banking

Below listed, you can find solutions for Chapter 3 of CBSE NCERT for Economics - Introductory Macroeconomics [English] Class 12.


Exercises
Exercises [Page 50]

NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 3 Money And Banking Exercises [Page 50]

Exercises | Q 1 | Page 50

What is a barter system? What are its drawbacks?

Exercises | Q 2 | Page 50

What are the main functions of money? How does money overcome the shortcomings of a barter system?

Exercises | Q 3 | Page 50

What is transaction demand for money? How is it related to the value of transactions over a specified period of time?

Exercises | Q 4 | Page 50

What are the alternative definitions of money supply in India?

Exercises | Q 5 | Page 50

What is a ‘legal tender’? What is ‘fiat money’?

Exercises | Q 6 | Page 50

What is High Powered Money?

Exercises | Q 7 | Page 50

Explain the functions of a commercial bank.

Exercises | Q 8 | Page 50

What is money multiplier? What determines the value of this multiplier?

Exercises | Q 9 | Page 50

What are the instruments of monetary policy of RBI?

Exercises | Q 10 | Page 50

Do you consider a commercial bank ‘creator of money’ in the economy’?

Solutions for 3: Money And Banking

Exercises
NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking - Shaalaa.com

NCERT solutions for Economics - Introductory Macroeconomics [English] Class 12 chapter 3 - Money And Banking

Shaalaa.com has the CBSE Mathematics Economics - Introductory Macroeconomics [English] Class 12 CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Economics - Introductory Macroeconomics [English] Class 12 CBSE 3 (Money And Banking) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.

Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. NCERT textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.

Concepts covered in Economics - Introductory Macroeconomics [English] Class 12 chapter 3 Money And Banking are Secondary Functions, Standard of Deferred Payment, Money - Store of Value, Money - Transfer of Value, Meaning of Supply of Money, Concept of Barter Exchange, Difficulties Involved in the Barter Exchange, Monetary Payments, Commercial Banks, Currency Held by the Public and Net Demand Deposits Held by Commercial Banks, Money Creation Or Credit Creation by the Commercial Banking System, Function of Central Bank - Bank of Issue, Meaning of Money, Primary Function, Central Bank Function - Goverment Bank, Central Bank Function - Banker's Bank, Central Bank Function - Controller of Credit, Control of Credit Through Bank Rate, Cash Reserve Ratio (CRR), Statutory Liquidity Ratio (SLR), Demand for Money, Policy Tools to Control Money Supply, Balance Sheet of a Fictional Bank, Limits to Credit Creation and Money Multiplier, Definition - Central Bank, Repo Rate and Reverse Repo Rate, Open Market Operations, Margin Requirement.

Using NCERT Economics - Introductory Macroeconomics [English] Class 12 solutions Money And Banking exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Economics - Introductory Macroeconomics [English] Class 12 students prefer NCERT Textbook Solutions to score more in exams.

Get the free view of Chapter 3, Money And Banking Economics - Introductory Macroeconomics [English] Class 12 additional questions for Mathematics Economics - Introductory Macroeconomics [English] Class 12 CBSE, and you can use Shaalaa.com to keep it handy for your exam preparation.

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