Question : Which of the following does not form a part of the foreign exchange reserve of India?
Option 1: Gold
Option 2: SDRs
Option 3: Foreign currency assests
Option 4: Foreign currency and securities held by the banks and corporate bodies
Correct Answer: Foreign currency and securities held by the banks and corporate bodies
Solution : Correct Answer is Foreign currency and securities held by the banks and corporate bodies
A central bank's holdings in foreign currencies are known as foreign exchange reserves. These reserves are employed to support obligations and affect monetary policy. Foreign currency assets, the RBI's gold holdings, and Special Drawing Rights (SDR) are the items that make up India's foreign exchange reserves. India's foreign exchange reserves do not include any foreign currency or securities that banks or other corporate entities hold.
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Question : Which of the following was established on the recommendation of the Hilton Young Commission?
Option 1: The Securities and Exchange Board of India (SEBI)
Option 2: The Reserve Bank of India
Option 3: State Bank of India
Option 4: National Bank for Agriculture and Rural Development
Question : Select the correct passive form of the given sentence. Razia Sultana ruled over the northern part of India.
Option 1: The northern part of India is ruled over by Razia Sultana.
Option 2: The northern part of India was ruled over by Razia Sultana.
Option 3: The northern part of India had been ruled over by Razia Sultana.
Option 4: The northern part of India was being ruled over by Razia Sultana.
Question : Which of the following acts was introduced to regulate Foreign Exchange in India in 1973?
Option 1: FERA
Option 2: FEMA
Option 3: FRBM
Option 4: SARFAESI
Question : Which of the following is one of the Open Market Operations of the Reserve Bank of India?
Option 1: Buying and selling of bonds issued by the Government in the open market
Option 2: Buying and selling of bonds issued by commercial banks in the open market
Option 3: Only buying of bonds issued by the Government in the open market
Option 4: Only selling of bonds issued by the Government in the open market
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