Open Market Operations of Reserve Bank of India refer to

TEST SERIES - 55 (II)

Quiz
•
Professional Development
•
Professional Development
•
Hard
Nitin sir
FREE Resource
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trading in securities
Auctioning of Foreign Exchange
Transaction in Gold
None of the above
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of the following statements is correct regarding increase in the Cash Reserve Ratio (CRR) in India?
It increases credit creation
It reduces credit creation
It does not affect credit
It denotes liberal monetary policy
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A customer wishes to purchase some US dollars in India. He/she should go to
Public Debt Division of the RBI only
American Express Bank only
RBI or any branch of a bank which is authorized for such business
Ministry of Foreign Affairs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Open market operations of RBI refer to buying and selling of
Commercial bills
Foreign exchange
Gold
Government bonds
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Bank Rate is the rate interest at which the Reserve Bank of India provides loans to the
Scheduled Commercial Banks
Public Sector
Corporate Sector
Foreign Institutional Investors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who central the activities of indigenous bankers?
Lead Bank
Regional Rural Bank
Reserve Bank of India
None of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which among the following sectors contributes most to the saving in India?
Banking and financial sector
Private corporate sector
Export sector
Household sector
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