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.
Among the four works mentioned below which one is encyclopaedic in nature?
What is the applicability of the Workmen’s Compensation Act, 1923, as per the amendment made in 1995?
For outstanding contribution in which of the following sports did TP Ouseph win the Dronacharya Award for 2021?
Which one of the following statements about the situation in the Ryotwari areas is correct?
The I-V graph of three resistances R₁ ,R₂ and R₃ is shown in the figure below. The correct relation between R₁ R₂ and R₃ is:
In which of the following session Muslim league passed a resolution for the establishment of a separate homeland for the Muslims of British India?
Which of the following statements is true about the accounting equation?
Dr. Shankarbaba Pundlikrao Papalkar is known for his dedication to improving the lives of:
The principle that suggests recording expenses only when they are realized, and income only when they are certain, is known as:
Which of the following is/are the benefit of a stable population?
I. Less pressure on natural resources
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