Question : Fill in the blanks-
Under financial sector reforms, the limit of foreign investment in banks was raised to around ____%.
 

Option 1: 50
 

Option 2: 51
 

Option 3: 75
 

Option 4: 80
 

Question : Fill in the blanks
The role of RBI has reduced from ________ to _________.
 

Option 1: Facilitator to regulators
 

Option 2: Regulator to facilitator
 

Option 3: Commercial bank to central bank
 

Option 4: Central bank to RBI.
 

Question : Which of the following is not the economic reforms taken by the government under liberalisation?
 

Option 1: Foreign exchange reforms
 

Option 2: Land reforms
 

Option 3: Trade and Investment policy reforms
 

Option 4: All of the above are taken by government.
 

Question : What is the meaning of reverse repo rate?

Option 1: The rate at which RBI borrows money from foreign banks.

Option 2: The rate at which RBI borrows money from commercial banks.

Option 3: The rate at which commercial banks borrow money from RBI.

Option 4: The rate at which commercial banks borrow money from foreign banks.

Question : What was the main objective of financial sector reforms in the 1991 economic policy?

Option 1: Encouraging foreign direct investment (FDI)

Option 2: Strengthening the banking sector

Option 3: Promoting rural credit

Option 4: Controlling inflation