Question
Which of the following section of the RBI Act empowers
the Central Government to consult and give instructions to the Governor of the RBI to act on certain issues?Solution
The Section 7 of the RBI Act empowers the Central Government to consult and give instructions to the Governor of the RBI to act on certain issues, that the government considers serious and in public interest. The Central Government may from time to time give such directions to the Bank as it may, after consultation with the Governor of the Bank, consider necessary in the public interest," says Section 7(1) of the RBI Act, 1934. Further, Section 7 (2) gives the government powers to entrust the running of the RBI to its Central Board of Directors.
Which among the following Articles of the Indian Constitution deal with 'Right to Freedom of Religion'?Â
Which was the first women's sport to be introduced in the Olympics?
Name the Goa-based airline that became the first to operate a flight to Lakshadweep.
Consider the following statements in regards Towns of Export Excellence (TEE):
1.   It will also be able to avail Common Service Provider (C...
Which of the following is related to Green Field Airports in India?
Among the following options, which languages in India have not been granted the status of classical language?
Which type of bacteria used in the manufacture of fermented dairy, sourdough, meat and vegetable food?
Which animal is represented by the mascot "Moga" for the 37th edition of the Indian National Games 2023?
Which of the following Fundamental Rights is not suspended when a Proclamation of Emergency in operation according to the Indian Constitution?
According to the Stockholm International Peace Research Institute (SIPRI), which  country is the largest arms importer in the World?