India Central Bank Governor Patel Steps Down
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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary reason for Urjit Patel's resignation from the RBI?
Retirement
Personal reasons
Health issues
Pressure from the government
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the market react to Patel's resignation?
Bonds remained stable
The rupee weakened
The rupee strengthened
Indian stocks rose
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What political event coincided with Patel's resignation?
National elections
A new budget announcement
Regional elections
A major economic summit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the economic achievements of India during Patel's tenure?
Strengthening the rupee significantly
Achieving a 10% growth rate
Reducing inflation to 2%
Becoming the fastest growing economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is an independent central bank important for a country's economy?
To weaken the national currency
To maintain investor confidence and economic stability
To ensure government control over monetary policy
To increase inflation rates
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