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The most powerful tool used by the Reser...

The most powerful tool used by the Reserve Bank of India to control inflation is to

A

raise interest rates

B

reduce interest rates

C

raise currency supply

D

reduce currency supply

Text Solution

Verified by Experts

The correct Answer is:
A
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IBPS & SBI PREVIOUS YEAR PAPER-BANKING STRUCTURE & INSTRUMENT-MCQs
  1. 'Base Rate' in banks is

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  2. A saving bank deposit account is one where

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  3. The most powerful tool used by the Reserve Bank of India to control in...

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  4. Non-performing Assets are the assets which have stopped giving

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  5. What is the Repo Rate?

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  6. 'Nomination' for a deposit account in the bank means

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  7. For using safe deposit locker facilities, bank customers pay

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  8. Which of the following is a Credit Card Association?

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  9. The rate at which the domestic currency can be converted into foreign ...

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  10. Which of the following represents correct meaning of REPORATE?

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  11. Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) are terms...

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  12. The Head of the Reserve Bank of India is officially known as

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  13. The seed capital of Bhartiya Mahila Bank is

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  14. Which of the following is NOT a source of funds of a commercial bank?

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  15. Reserves which can act as a liquidity buffer for commercial banks duri...

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  16. KYC stands for

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  17. NPA is banking terminology denotes

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  18. Which of the following categories of advance accounts is not an NPA?

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  19. The Head of the Reserve Bank of India is officially known as

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  20. In the Balance of Payment (BOP), the transfer of payment is included i...

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