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In India, Monetary policy is formed by...

In India, Monetary policy is formed by _____

A

Central Government

B

SBI

C

Various Banks

D

Reserve Bank of India

Text Solution

Verified by Experts

The correct Answer is:
D
The RBI implements the monetary policy in India . There are three main tools of monetary policies are reserve requirement, discount rate, and open market operation.
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PINNACLE-ECONOMICS-MCQ (NATIONAL INCOME, IFLATION, BUDGET, TAXATION AND GDP)
  1. Who among the following was NOT a Governor of the Reserve Bank of Indi...

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  2. How many digits are there on a debit card?

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  3. In India, Monetary policy is formed by

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  4. ’Rani ki vav’ motif is present on which of the following currency note...

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  5. Which of the following is a working capital ?

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  6. India’s foreign reserves does NOT consist of which of the following ?

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  7. Which of them is not a nationalist bank?

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  8. Who is the founder of Indian Overseas Bank?

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  9. Who decides repo rate, reverse repo rate and bank rate?

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  10. Which central agency issues currency notes on behalf of the Central Go...

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  11. Which Index is used by RBI to decide repo rate and measure Inflation?

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  12. Who acts as Banker to the Indian Government?

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  13. Which department is the nodal department for overseeing the public fin...

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  14. Which of the following Monetary policy tools is used by RBI to control...

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  15. If RBI increases Repo Rate, then what may be its impact on the Indian ...

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  16. How many members are there in the Indian Monetary Policy Committee ?

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  17. In the older monetary system of India, ‘One Anna’ used to be what part...

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  18. Which of the following is a nationalized bank in India ?

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  19. The percentage of deposits that a bank must keep as cash reserves with...

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  20. On which rate does the Reserve Bank of India provide loSol to the comm...

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