APPSC Group-II Mains 2019 Paper III · Question 129

Question 129 of the APPSC Group-II Mains 2019 Paper III (30 August 2019). Try it first, then open the answer and explanation.

1. Mains 2019 · P-III · Q129 · Economy (India & AP) · Money, Banking & Inflation

   Seigniorage is the

   సీగ్నొరేజ్ (Seignorage) ఒక:

   Show answer

   Answer: Profit made by the central bank by issuing notes

   సమాధానం: కేంద్ర బ్యాంకు నోట్ల జారీ వలన ఆర్జించిన లాభం

   Seigniorage is the difference between the face value of currency and its production cost, earned by the issuing authority.

Answer it in the practice appMake a topic-wise quiz