Question
Which of the following is NOT a monetary policy tool used by RBI?
Solution
Base Rate is set by banks. Others are monetary tools.
More Banking System in India Questions
- In a period of falling prices, a firm reporting under LIFO compared to reporting under FIFO, will have a higher ______
- Which among the following will not be considered a constituent of Tier 2 capital of AIFI according to BASEL III capital framework? A.Β Β Β Revaluation Reser...
- In which of the following years, India took its first major step towards liberalisation?
- The Reserve Bank of India, recently has proposed to hike UPI (Unified Payment Interface) transaction limit for investing in IPO toβ¦β¦β¦β¦β¦β¦β¦.
- How many projects worth USD 40 billion has the New Development Bank approved so far?
- How many times one can withdraw money free of charge in Basic Savings Bank Deposit Account (BSBDA)?
- In which year National Institute of Bank Management (NIBM) was established?
- GoDigit Life, the life insurance business of GoDigit Insurance has raised equity funding from two major private sector lenders Axis Bank and HDFC Bank. How...
- The Lead Bank Scheme was introduced by the Reserve Bank of India (RBI) in which year?
- Who shall preside over the meetings of IFSCA if the Chairperson is not present?