UGC NET Economics 2012 Unit 7: Money and Banking PYQs (English–Hindi)

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UGC NET ECONOMICS · 2012 · UNIT 7

Money and Banking PYQs

मुद्रा और बैंकिंग

June 2012 · Paper II / जून 2012 · प्रश्नपत्र II

Financial inclusion
वित्तीय समावेशन

Question 26 / प्रश्न 26

June 2012 · Paper II · PDF page 9 / PDF पृष्ठ 9

Assertion–Reason: evaluate the financial inclusion argument.
Financial inclusion के इस Assertion–Reason को जाँचें।

A. Financial inclusion is desirable to help weaker sections of society.
A. Weaker sections की सहायता के लिए financial inclusion desirable है।

R. Investment activity should be promoted so that development benefits reach the masses.
R. Development benefits masses तक पहुँचाने के लिए investment activity promote करनी चाहिए।

(a) Both (A) and (R) are correct and (R) is not the correct explanation of (A)
(a) A और R दोनों सही; R सही explanation नहीं है।
(b) Both (A) and (R) are correct and (R) is the correct explanation of (A)
(b) A और R दोनों सही; R सही explanation है।
(c) (A) is not correct, but (R) is correct
(c) A गलत और R सही।
(d) (A) is correct, but (R) is not correct
(d) A सही और R गलत।
Answer & Explanation / उत्तर और व्याख्या
Answer: b — Intended link through access to finance and productive investment
उत्तर: b — Finance access और productive investment के intended link में

Financial inclusion gives weaker sections affordable access to useful banking services, including saving, payments and suitable credit. Access to finance can support productive investment and wider participation in development, which is the intended reasoning.
Financial inclusion weaker sections को saving, payments और suitable credit जैसी useful banking services affordable रूप से उपलब्ध कराती है। Finance access productive investment और development में wider participation बढ़ा सकता है; यही intended reasoning है।

Read R as referring to investment made possible by inclusive financial access. Investment in general does not automatically ensure inclusion, and inclusion also has important saving, payment and risk management benefits.
R को inclusive finance से संभव investment के अर्थ में पढ़ें। General investment अपने आप inclusion सुनिश्चित नहीं करती। Inclusion के saving, payments और risk management benefits भी हैं।

Evolution of money
मुद्रा का विकास

Question 33 / प्रश्न 33

June 2012 · Paper II · PDF page 10 / PDF पृष्ठ 10

Arrange the conventional historical stages of money in sequence.
Money के conventional historical stages का क्रम चुनें।

I. Cheque
I. चेक।

II. Metallic money
II. धातु मुद्रा।

III. Commodity money
III. वस्तु मुद्रा।

IV. Paper money
IV. कागजी मुद्रा।

(a) IV, I, III, II
(a) IV, I, III, II
(b) I, III, II, IV
(b) I, III, II, IV
(c) III, II, IV, I
(c) III, II, IV, I
(d) II, IV, I, II
(d) II, IV, I, II
Answer & Explanation / उत्तर और व्याख्या
Answer: c — III II IV I
उत्तर: c — III II IV I

The usual textbook sequence is commodity money → metallic money → paper money → cheque based bank payments. It describes a broad historical evolution, not identical adoption dates in every society.
Usual textbook sequence है commodity money → metallic money → paper money → cheque आधारित bank payments। यह broad evolution है; हर society में एक जैसी dates का दावा नहीं।

A cheque is a payment instruction against a bank deposit, not legal tender in the same sense as currency notes. Distinguish the payment instrument from the deposit money it transfers.
Cheque bank deposit के विरुद्ध payment instruction है, currency note जैसा legal tender नहीं। Payment instrument और उसके द्वारा transfer होने वाले deposit money में अंतर रखें।