TEST SERIES - 55 (I)

TEST SERIES - 55 (I)

Professional Development

50 Qs

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TEST SERIES - 55 (I)

TEST SERIES - 55 (I)

Assessment

Quiz

Professional Development

Professional Development

Hard

Created by

Nitin sir

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50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Many times we read in newspapers that the RBI has revised certain rates/ratios under LAF. What is the full form of LAF?

Liquidity Adjustment Facility

Legal Adjustment Facility

Long-term Achievement Facility

Legal Adjustment Formality

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RBI’s open market operation transactions are carried out with a view to regulate

Liquidity in the economy

Prices of essential commodities

Inflation

All of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The functions of the Lead Bank are performed by

State Bank of India

Reserve Bank of India

Any Bank

A bank designed for this purpose

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following rates/ratios is not covered under the Monetary and Credit Policy of RBI?

Bank Rate

Repo Rate

Cash Reserve Ratio

Exchange Rate of Foreign Currencies

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Central Banking functions in India are performed by the

Punjab National Bank

Central Bank of India

State Bank of India

Reserve Bank of India

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Tarapore Committee was appointed by the RBI to examine the issue of

Capital Account Convertibility of the rupee

Current Account Convertibility of the rupee

Both (a) and (b)

Trade Sector Reforms

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following is not a function of Reserve Bank of India?

Credit control

As apex body of scheduled commercial banks

Formation of monetary policy

Credit creation

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