Question : The money supply is governed by the:
Option 1: Planning Commission
Option 2: Finance Commission
Option 3: Reserve Bank of India
Option 4: Commercial banks
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Correct Answer: Reserve Bank of India
Solution : The correct option is the Reserve Bank of India.
The RBI is the central banking organisation in charge of governing and managing the nation's credit and money supply. To preserve price stability and ensure sufficient credit flow to sustain economic growth, it develops and implements monetary policy. Open market operations, reserve requirements, and the policy repo rate are just a few of the techniques and instruments the RBI utilises to control the amount of money in the economy. These instruments are employed to control interest rates, inflation, and overall economic stability.
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Question : The Modi Government at the Central has formed NITI Aayog by replacing which one of the following?
Option 1: Fiscal Commission
Option 3: Agricultural Price Commission
Option 4: Planning Commission
Question : Which among the following is a constitutional body as per the Indian Constitution?
Option 1: Finance Commission
Option 2: National Development Council
Option 3: Planning Commission
Option 4: None of these
Question : The Government of India initiated the comprehensive family planning programme in ______.
Option 1: 1954
Option 2: 1958
Option 3: 1952
Option 4: 1955
Question : The second five-year plan of India focused on ______.
Option 1: rapid industrialisation
Option 2: foreign direct investment
Option 3: balance of payment
Option 4: family planning programmes
Question : Microsoft Excel is a
Option 1: Graphics Package
Option 2: MS Office Package
Option 3: Financial Planning Package
Option 4: Electronic Spreadsheet
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