Demonetization in India took place in:
Options
A2014
B2015
C2016
D2017
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Money MarketPYQ - Dec 2021 (Inter)Question 157 of 20
All Questions Correct Answer
✅ Option c — 2016
All Options:
- A2014
- B2015
- C2016
- D2017
About This Chapter: Money Market
Paper
Paper 4: Business Economics
Weightage
10%
Key Topics
Money Demand/Supply, Monetary Policy
This chapter covers the monetary system — how money circulates in the economy. Topics include Demand for Money, Supply of Money, Monetary Policy instruments (Repo Rate, CRR, SLR, Open Market Operations), and the role of the Reserve Bank of India in controlling inflation and managing the economy.
View Official ICAI SyllabusExam Strategy Tip
Memorize the RBI's monetary policy instruments and their impacts. Questions often ask about the effect of changing CRR or Repo Rate on money supply.
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