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.
Given that (3a + 7b = 54) and (ab = 24), determine the value of (9a2 + 49b2).
The certain sum amounts to Rs11313.5 in 2(1/2) years at 12% p.a., interest compounded 10 months. The sum (in Rs) is:
Find the number of zeroes in 18 × 125 × 20 × 32.
If (2a + b)/(3b - 2b) = 13/2 then 'b' is what percent of 'a'?
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   = ?If (a + b) = 17 and (a2 + b2) = 145, then find the value of (a × b).
If x² + y² + z² = xy + yz + zy (x≠0), then the value of (5x+3y-4z)/2x is
when x =4 and y =-6 then find the value of 27x³ +58x²y +31xy² +8y³?
What will come in the place of question mark (?) in the given expression?
?2 = (392 × 224) ÷ (112 × 28) + 62
