Banking

1.  Credit control means : 

• ( a) contraction of credit only           
• (b) extension of credit only
• (c) Both (A) and (B)
•             (d) none of these

Which of the following is not the instrument of credit control ?

• ( a) CRR
• (b) SLR
• (c) Repo rate  
• (d) Managed floating

The minimum percentage of a bank’s total deposits which is required to be kept the RBI is called : 

• ( a) CRR
• (b) SLR
• (c) Repo rate  
• (d  Reverse repo rate

In order to encourage investment in the country, the RBI may :

• a) Reduce CRR
•             b)  Increase CRR
• c) sell securities in the open market 
• d) Increase bank rate

In order to control credit :

• a) CRR should be increased and bank rate should be decreased
• b) CRR should be reduced and bank rate should be reduced
• c) CRR should be increased and bank rate should be increased 
• d) CRR should be reduced and bank rate should be increased