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 of these statements is definitely true according to the passage?
Choose the word/group of words which is most opposite in meaning to the word/group of words printed in bold as used in the passage.
concerted
The Army too opposed the embankment, saying it will pose hurdles for their forward movements during military operations.
What does the survey argue against?
I. Sudden stall of the stock prices
II. Setting of targets which are very difficult to achieve
...At what time did the temple pillars arrive in the U.S?
Choose the word which is most nearly the same in meaning to the word ‘onus’ as used in the passage.
What do Nationally Determined Contributions (NDCs) represent in the context of climate action, according to the passage?
In which two paragraphs has the use of money sent home from those working outside the village has been mentioned?
1) Paragraph 6 and Paragraph 2<...
Choose the word which is the most opposite in meaning to the word ‘insinuating’ as used in the passage .
Which of the following is most nearly SIMILAR of the word Prodded as used in the passage?
