Question : The bank rate in the Indian economy is determined by the ________.
Option 1: State Bank of India
Option 2: Reserve Bank of India
Option 3: Finance Ministry of India
Option 4: Securities and Exchange Board of India
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Correct Answer: Reserve Bank of India
Solution : The correct answer is the Reserve Bank of India.
The bank rate in the Indian economy is determined by the banker’s bank of the country, which is the Reserve Bank of India. It is the interest charged by the Reserve Bank of India when it lends funds to the domestic banks. Whenever a bank faces a shortage of funds, it can borrow funds from the RBI.
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Question : Treasury bills are issued by the _______.
Option 1: Securities and Exchange Board of India
Option 2: Government of India
Option 3: Reserve Bank of India
Option 4: Insurance Regulatory and Development Authority of India
Question : Small Industries Development Bank of India (SIDBI) is regulated by ______.
Option 2: Indian Bank
Option 4: ICICI Bank
Question : Which organisation of the government of India reports the GDP of the country?
Option 2: Central Statistics Office
Option 3: NITI Aayog
Option 4: Reserve Bank of India
Question : Small Industries Development Bank of India (SIDBI) is regulated by____________.
Option 1: Indian Bank
Option 3: ICICI Bank
Option 4: State Bank of India
Question : A report named "Payments Vision 2025 " is released by which institution?
Option 1: Ministry of Finance
Option 2: NITI Aayog
Option 4: Ministry of Corporate Affairs
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