Unit 2: Money and Banking

CBSE Class 12 Economics MCQs — Unit 2: Money and Banking

CBSE Class 12 — Economics — Unit 2: Money and Banking

Part A: Introductory Macroeconomics — 60 MCQs | 60 minutes | Automatic scoring & per-question feedback

Chapter: Introductory Macroeconomics

Unit: Money and Banking — CBSE Class 12 — Subject: Economics — CBSE Board Examinations

Time Allowed: 60:00

Auto-submit when time ends. Correct answers shown after Submit.

Highlight: These MCQs are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 12 board exam standard.

Topics: Meaning & functions of money; money supply (currency with public, net demand deposits); money creation by banks; central bank functions and instruments (RBI example): bank of issue, government banker, banker's bank, credit control — bank rate, CRR, SLR, repo & reverse repo, open market operations, margin requirement.

``` --- How to use 1. Save the code as `cbse-class12-economics-unit2-quiz.html`. 2. Open it in a browser. 3. Click **Start** to begin the 60-minute countdown. All control buttons (Start, Reset, Timer) are in the same row. The quiz auto-submits when time runs out. 4. Click **Submit Quiz & Show Answers** to view per-question feedback and correct answers; overall percentage score is shown. If you want any of the following, tell me which and I’ll update the file: * Add short explanations for each answer, * Shuffle questions/options each attempt, * Make the quiz printable or export results as CSV, * Split questions into sections with progress navigation.

Prepare comprehensively for your CBSE Class 12 Economics exam with this online MCQ practice test on “Unit 2: Money and Banking.” This topic from Part A: Introductory Macroeconomics focuses on the functions, importance, and role of money and banking in India’s economic system, as prescribed in the NCERT syllabus.

These MCQs are designed strictly according to the latest NCERT Class 12 Economics syllabus, ensuring perfect alignment with the CBSE board exam pattern. The quiz covers key concepts such as the meaning and functions of money, credit creation, central bank and commercial banks, monetary policy tools, and the Reserve Bank of India’s role in maintaining financial stability.

With automatic scoring and detailed feedback, this online test helps students assess their understanding, strengthen conceptual clarity, and build exam confidence. Ideal for self-assessment, classroom revision, or last-minute preparation, this quiz makes learning interactive and exam-oriented.

Master one of the most crucial topics in macroeconomics with this NCERT-based online MCQ test on Money and Banking and excel in your Class 12 Economics board exam.

Unit 2: Money and Banking

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