Q207. Consider the following statements regarding Reserve Bank of India: 1. It is a banker to the Central Government 2. It formulates and administers monetary policy 3. It acts as an agent of the Government in respect of India’s membership of IMF 4. It handles the borrowing programme of Government Which of these statements are correct?

The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following? 1. Other banks retain their deposits with the RBI. 2. The RBI

The Reserve Bank of India regulates the commercial banks in matters of: 1. liquidity of assets 2. branch expansion 3. merger of banks 4. winding-up of banks Sel

Which of the following measures would result in an increase in the money supply in the economy? 1. Purchase of government securities from the public by the Cent

Consider the following statements: 1. The Governor of the Reserve bank of India (RBI) is appointed by the Central Government. 2. Certain provisions in the Cons

In the context of the Indian economy, which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’? 1. To enable the Central Bank to c

Consider the following statements: 1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities. 2.

Consider the following statements: 1. Reserve Bank of India was nationalized on 26 January, 1950 2. The borrowing programme of the Government of India is handle

The sum of which of the following constitutes Broad Money in India? 1. Currency with the public 2. Demand deposits with banks 3. Time deposits with banks 4. Oth

With reference to Indian economy, consider the following: 1. Bank rate 2. Open market operations 3. Public debt 4. Public Revenue Which of the above is/are comp

In India, the central bank’s function as the ‘lender of last resort’ usually refers to which of the following? 1. Lending to trade and industry bodies when they

With reference to the Indian economy, consider the following statements: 1. If the inflation is too high, the Reserve Bank of India (RBI) is likely to buy gover

Which of the following statements is/are correct regarding the ‘Monetary Policy Committee (MPC)? 1. It decides the RBI’s benchmark interest rates. 2. It is a 12

Which one of the following activities of the Reserve Bank of India is considered to be part of ‘sterilization’?

Consider the following statements in respect of the digital rupee: 1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its

With reference to inflation in India, which of the following statements is correct?

Consider the following statements: The price of any currency in international market is decided by the 1. World Bank 2. Demand for goods/services provided by th

Consider the following statements : The price of any currency in international market is decided by the: 1. World Bank 2. Demand for goods/services provided by

With reference to the Indian Public Finance, consider the following statements: 1. External liabilities reported in the Union Budget are based on historical exc

Consider the following organisations: 1. International Bank for Reconstruction and Development 2. International Finance Corporation 3. International Fund for Ag

Consider the following statements: The function(s) of the Finance commission is/are: 1. to allow the withdrawal of the money out of the Consolidated Fund of Ind

Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services

Regarding the International Monetary Fund, which one of the following statements is correct?

Which of the following constitute a Capital Account? 1. Foreign Loans 2. Foreign Direct Investment 3. Private Remittances 4. Portfolio Investment Select the cor

Consider the following statements: The functions of commercial banks in India include: 1. Purchase and sale of shares and securities on behalf of customers 2. A

Consider the following statements : Most international agencies which fund Development Progr-amme in India on intergovernmental bilateral agreements, mainly pro

Which one of the following groups of items is included in India’s foreign-exchange reserves?

Which of the following activities constitute a real sector in the economy? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics

In India, which one of the following is responsible for maintaining price stability by controlling inflation?

With reference to India, consider the following statements: 1. Retail investors through Demat account can invest in ‘Treasury Bills’ and ‘Government of India De

The money multiplier in an economy increases with which one of the following?

If you withdraw Rs. 1,00,000 in cash from your Demand Deposit Account at your bank, the immediate effect on aggregate money supply in the economy will

With reference to digital payments, consider the following statements: 1. BHIM app allows the user to transfer money to anyone with a UPI-enabled bank

Which one of the following links all the ATMs in India? (a) Indian Banks’ Association (b) National Securities Depository Limited (c) National Payments

Which one of the following best describes the term “Merchant Discount Rate” sometimes seen in news? (a) The incentive given by a bank to a merchant fo

Consider the following statements: 1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset

Which one of the following statements correctly describes the meaning of legal tender money? (a) The money which is tendered in courts of law to defra

With reference to the governance of public sector banking in India, consider the following statements: 1. Capital infusion into public sector banks by