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Samacheer Kalvi solutions for Economics [English] Class 12 TN Board chapter 5 - Monetary Economics [Latest edition]

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Samacheer Kalvi solutions for Economics [English] Class 12 TN Board chapter 5 - Monetary Economics - Shaalaa.com
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Solutions for Chapter 5: Monetary Economics

Below listed, you can find solutions for Chapter 5 of Tamil Nadu Board of Secondary Education Samacheer Kalvi for Economics [English] Class 12 TN Board.


Model Questions
Model Questions [Pages 91 - 93]

Samacheer Kalvi solutions for Economics [English] Class 12 TN Board 5 Monetary Economics Model Questions [Pages 91 - 93]

Part A - Multiple Choice Questions

Model Questions | Q 1. | Page 91

The RBI Headquarters is located in ______.

  • Delhi

  • Chennai

  • Mumbai

  • Bengaluru

Model Questions | Q 2. | Page 91

Money is ______.

  • acceptable only when it has intrinsic value

  • constant in purchasing power

  • the most liquid of all assets

  • needed for the allocation of resources

Model Questions | Q 3. | Page 91

The paper currency system is managed by the ______.

  • Central Monetary authority

  • State Government

  • Central Government

  • Banks

Model Questions | Q 4. | Page 91

The basic distinction between M1 and M2 is with regard to.

  • post office total deposits

  • saving deposits with post office savings bank

  • Terms deposits of banks

  • currency

Model Questions | Q 5. | Page 91

Irving Fisher’s Quantity Theory of Money was popularized in ______.

  • 1908

  • 1910

  • 1911

  • 1914

Model Questions | Q 6. | Page 91

MV stands for the ______.

  • demand for money

  • supply of legal tender money

  • Supply of bank money

  • Total supply of money

Model Questions | Q 7. | Page 91

Inflation means ______.

  • Prices are rising

  • Prices are falling

  • The value of money is increasing

  • Prices are remaining the same

Model Questions | Q 8. | Page 91

__________ inflation results in a serious depreciation of the value of money.

  • Creeping

  • Walking

  • running

  • Hyper

Model Questions | Q 9. | Page 91

__________ inflation occurs when the general prices of commodities increase due to an increase in production costs such as wages and raw materials.

  • Cost-push

  • demand-pull

  • running

  • galloping

Model Questions | Q 10. | Page 91

During inflation, who are the gainers?

  • Debtors

  • Creditors

  • Wage and salary earners

  • Government

Model Questions | Q 11. | Page 92

____________ is a decrease in the rate of inflation.

  • Disinflation

  • Deflation

  • Stagflation

  • Depression

Model Questions | Q 12. | Page 92

Stagflation combines the rate of inflation with ______.

  • Stagnation

  • employment

  • output

  • price

Model Questions | Q 13. | Page 92

The study of alternating fluctuations in business activity is referred to in Economics as the ______.

  • Boom

  • Recession

  • Recovery

  • Trade cycle

Model Questions | Q 14. | Page 92

During depression the level of economic activity becomes extremely ______.

  • high

  • bad

  • low

  • good

Model Questions | Q 15. | Page 92

“Money can be anything that is generally accepted as a means of exchange and that the same time acts as a measure and a store of value”, This definition was given by ______.

  • Crowther

  • A.C.Pigou

  • F.A.Walker

  • Francis Baco

Model Questions | Q 16. | Page 92

The debit card is an example of ______.

  • currency

  • paper currency

  • plastic money

  • money

Model Questions | Q 17. | Page 92

Fisher’s Quantity Theory of money is based on the essential function of money as a ______.

  • measure of value

  • store of value

  • medium of exchange

  • standard of deferred payment

Model Questions | Q 18. | Page 92

V in MV = PT equation stands for ______.

  • Volume of trade

  • Velocity of circulation of money

  • Volume of transaction

  • Volume of bank and credit money

Model Questions | Q 19. | Page 92

When prices rise slowly, we call it ______.

  • galloping inflation

  • mild inflation

  • hyper inflation

  • deflation

Model Questions | Q 20. | Page 92

__________ inflation is in no way dangerous to the economy.

  • walking

  • running

  • creeping

  • galloping

Part B - Answer the following questions in one or two sentences

Model Questions | Q 21. | Page 93

Define money.

Model Questions | Q 22. | Page 93

What is barter?

Model Questions | Q 23. | Page 93

What is commodity money?

Model Questions | Q 24. | Page 93

What is the gold standard?

Model Questions | Q 25. | Page 93

What is plastic money? Give example.

Model Questions | Q 26. | Page 93

Define inflation.

Model Questions | Q 27. | Page 93

What is Stagflation?

Part C - Answer the following questions in one paragraph

Model Questions | Q 28. | Page 93

Write a note on metallic money.

Model Questions | Q 29. | Page 93

What is money supply?

Model Questions | Q 30. | Page 93

What are the determinants of money supply?

Model Questions | Q 31. | Page 93

Write the types of inflation.

Model Questions | Q 32. | Page 93

Explain Demand-pull and Cost-push inflation.

Model Questions | Q 33. | Page 93

State Cambridge equations of the value of money.

Model Questions | Q 34. | Page 93

Explain disinflation.

Part D - Answer the following questions in about a page

Model Questions | Q 35. | Page 93

Illustrate Fisher’s Quantity theory of money.

Model Questions | Q 36. | Page 93

Explain the functions of money.

Model Questions | Q 37. | Page 93

What are the causes and effects of inflation on the economy?

Model Questions | Q 38. | Page 93

Describe the phases of Trade cycle.

Solutions for 5: Monetary Economics

Model Questions
Samacheer Kalvi solutions for Economics [English] Class 12 TN Board chapter 5 - Monetary Economics - Shaalaa.com

Samacheer Kalvi solutions for Economics [English] Class 12 TN Board chapter 5 - Monetary Economics

Shaalaa.com has the Tamil Nadu Board of Secondary Education Mathematics Economics [English] Class 12 TN Board Tamil Nadu Board of Secondary Education 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. Samacheer Kalvi solutions for Mathematics Economics [English] Class 12 TN Board Tamil Nadu Board of Secondary Education 5 (Monetary Economics) 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. Samacheer Kalvi textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.

Concepts covered in Economics [English] Class 12 TN Board chapter 5 Monetary Economics are Monetary Economics, Money, Meaning of Supply of Money, Quantity Theories of Money, Inflation, Meaning of Deflation, Disinflation and Stagflation, Trade Cycle.

Using Samacheer Kalvi Economics [English] Class 12 TN Board solutions Monetary Economics 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 Samacheer Kalvi Solutions are essential questions that can be asked in the final exam. Maximum Tamil Nadu Board of Secondary Education Economics [English] Class 12 TN Board students prefer Samacheer Kalvi Textbook Solutions to score more in exams.

Get the free view of Chapter 5, Monetary Economics Economics [English] Class 12 TN Board additional questions for Mathematics Economics [English] Class 12 TN Board Tamil Nadu Board of Secondary Education, and you can use Shaalaa.com to keep it handy for your exam preparation.

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