Question : Monetray policy in India is formulated by:
Option 1: Finance Ministry
Option 2: RBI
Option 3: SEBI
Option 4: CLB
Correct Answer: RBI
Solution : Correct Answer is RBI
The responsibility for creating the nation's monetary policy rests with the Reserve Bank of India. As a result, it is also referred to as the RBI's Monetary Policy. The RBI is granted this authority in accordance with the RBI Act of 1934. The money supply, credit availability, and interest rates are all governed by the RBI's monetary policy.
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Question : The Finance Commission in India is appointed by
Option 1: Prime Minister of India
Option 2: President of India
Option 3: Chairman of Rajya Sabha
Option 4: Speaker of Lok Sabha
Question : Finance Commission is appointed by the President of India after every
Option 1: 5 years
Option 2: 6 years
Option 3: 4 years
Option 4: None of these
Question : Which of these Micro Finance Institutions (MFIs) are not regulated by the Reserve Bank of India (RBI)?
Option 1: Small finance bank-led MFIs
Option 2: Bank-led MFIs
Option 3: NBFC MFIs
Option 4: Non-profit MFIs
Question : The Comptroller and Auditor General of India is appointed by the
Option 1: Prime Minister
Option 2: President
Option 3: Finance Minister
Option 4: Lok Sabha
Question : Which institution has launched the project E-Shakti for the digitisation of all members of self-help groups in India?
Option 1: Small Industries Development Bank of India
Option 2: The Securities and Exchange Board of India
Option 3: Industrial Finance Corporation of India
Option 4: National Bank for Agriculture and Rural Development
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