Question
Which of the following are the functions of the Reserve
Bank of India? I. RBI sells foreign currency in the foreign exchange market when its supply decreases in the economy and vice-versa. II. Setting of Inflation targeting. III. Maintaining price stability in the economy.Solution
The Government of India sets an inflation target for every five years. RBI has an important role in the consultation process regarding inflation targeting.
What is correct about RTGS and NEFT:
i) RTGS is intended for big amount and NEFT is for smaller amount. RTGS can be done for amounts of minim...
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage...
Monetary policy is also known as
__________ is government bond or debt security with maturity of less than a year.
Headquarter of the Indian Bank is at _____________
Which of the following financial year is followed by the Reserve Bank of India (RBI) ?
The Reserve Bank of India was taken over by the Government in
The Reserve Bank of India was taken over by the Government in
Consider the following statements regarding bridge loan:
(A) It is a loan made by a bank for a longer period to make up for permanent shortage of...
In the full form of IBBI, ‘I’ stands for __________
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