Economics · Monetary Policy
Which of the following is considered a primary objective of demonetization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To peg the domestic currency value directly to a foreign currency standard
- 2To intentionally slow down the overall gross domestic product growth rate
- 3To counter black money, corruption, and counterfeiting in the economy✓
- 4To permanently reduce the statutory liquidity ratio of commercial banks
Correct answer
To counter black money, corruption, and counterfeiting in the economy
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Monetary Policy MCQs →Want more practice questions on Monetary Policy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Monetary Policy