Question
Which statements correctly describe the roles and
responsibilities of the Reserve Bank of India (RBI)? Statements: 1. The RBI formulates and implements India's monetary policy. 2. The RBI uses tools such as the repo rate and cash reserve ratio (CRR) to control inflation and manage liquidity. 3. The Ministry of Finance is responsible for setting the repo rate in India.Solution
The Reserve Bank of India is tasked with controlling the monetary policy of the country, utilizing instruments like the repo rate and CRR to regulate money supply and inflation. The repo rate is decided by the RBI's Monetary Policy Committee, not the Ministry of Finance.
What was the venue of the 22nd National Conference on e-Governance 2019?
Who out of the following is a maestro of Santoor?
Which organ in the human body produces bile juice?
Who is Shubhanhu Shukla in relation to the Axiom 4 mission? Â
At which of the following places did the Indian Iron and Steel Company set up its first factory?
The compound of a metal found in nature is called:
Who became youngest girl in the world to conquer Mount Everest and Mount Elbrus (highest peak Europe)?
Which law was studied in the year 1787, in which it was said that the volume of a gas increases with its absolute temperature and if its absolute tempe...
Four letter-clusters have been given, out of which three are alike in some manner and one is different. Select the one that is different.
 In Financial terms, Money Laundering is?
