Money and Banking

Unit 4

Question Bank

1. What is the international monetary system?
2. Write about the foreign exchange market in brief.
3. Write the functions of foreign exchange market.
4. Explain the purchasing power parity theory.
5. Write about the gold standard in short.
6. Mention the features and functions of gold standard.
7. How Does the disequilibrium take place?
8. What are the rules of gold standard?
9. Write the merits and demerits of gold standard.
10. Mention the reasons for decline in gold standard.
11. Explain the concept of international monetary fund and its functions.