1. Multipliers will be lower with which one of the following? [UPSC CAPF 2018]

(a) High marginal propensity to consume
(b) Low marginal propensity to consume
(c) High marginal propensity to invest
(d) Low marginal propensity to save

2. The Reserve Bank of India defines narrow money as ? [UPSC CAPF 2018]

(a) CU (currency notes + coins) + DD (net demand deposits held by commercial banks)
(b) CU + DD + saving deposits with post office savings banks
(c) CU + DD + net time deposits of commercial banks
(d) CU + DD + net time deposits of commercial banks + total deposits of post offices

3. In a closed economy with no taxes, if the marginal propensity to consume is always 0-90, then the value of the multiplier will be ? [UPSC CAPF 2019]

(a) 10-00
(b) 1-00
(c) 0-90
(d) 0-10

4. For anything to be recognized as money, it needs to have which of the following characteristics?

1. Act as an intermediate in exchange process
2. Standard unit for quoting prices
3. Must be easily divisible
4. Have higher value in alternative uses

Select the correct answer using the code given below. [UPSC CAPF 2021]

(a) 1, 2 and 4
(b) 2 and 3 only
(c) 1, 2 and 3
(d) 1, 3 and 4

5. Which one of the following statements correctly describes the meaning of legal tender money? [UPSC CSE 2018]

a) The money which is tendered in courts of low to defray the fee legal cases
b) The money which a creditor is under compulsion to accept in settlement of his claims
c) The bank money in the form of cheques, drafts, bills of exchange, etc.
d) The metallic money in circulation in a country

6. Consider the following liquid assets: [UPSC CSE 2013]

1. Demand deposits with the banks
2. Time deposits with the banks
3. Savings deposits with the banks
4. Currency

The correct sequence of these decreasing order of Liquidity is

(a) 1-4-3-2
(b) 4-3-2-1
(c) 2-3-1-4
(d) 4-1-3-2