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Worksheets

IBE QUIZ

Total questions: 8

Worksheet time: 80secs

Name
Class
Date
1.

What is the current rate of SLR ?

a)

20%

b)

16%

c)

18%

d)

13%

2.

Who is the chairperson /governor of the Reserve Bank of India(RBI) ?

a)

Dr.Ashima Goyal

b)

Shaktikanta das

c)

Prof .Jayanth Varma

d)

Dr. Mridul

3.

Which are the 2 types of monetary policy ?

a)

Expansionary and controlled

b)

Controlled and Expansionary

c)

Contractionary and

Un -Controlled

d)

Contractionary and Expansionary

4.

Which of the following is not a major objective of monetary policy ?

a)

To increase export of Indian goods

b)

To stabilize the business cycle

c)

To provide reasonable price stability

d)

To provide faster economic growth

5.

What is the full form of CRR ?

a)

Credit Reserve Ratio

b)

Cash Retained Ratio

c)

Cash Reserve Ratio

d)

Credit Retained Ratio

6.

What is the current rate of CRR ?

a)

4%

b)

5%

c)

4.50%

d)

5.50%

7.

What is the first step in the Monetary Policy process of the MPC ?

a)

Baseline assumptions made

b)

Monetary Policy Surveys launched

c)

New data of CPI / IIP published

d)

Draft resolutions made

8.

Lower interest rates ______ the cost of borrowing.

a)

decrease

b)

do not change

c)

minimally increase

d)

increase