Question : Which measure(s) is the Reserve Bank most likely to take to combat inflation in the economy?

A) Increase repo rate

B) Increase money supply

C) Decrease cash reserve ratio

Option 1: Only A

Option 2: Both B and C

Option 3: Only B

Option 4: Both A and C

Question : In India, _____fixes the Cash Reserve Ratio(CRR) for the banks in the economy.

Option 1: Reserve Bank of India

Option 2: Ministry of Finance

Option 3: Ministry of External Affairs

Option 4: State Bank of India

Question : Which of the following is a transfer payment?
(a) Unemployment allowances
(b) Scholarships
(c) Retirement pension

Option 1: Only (a)

Option 2: All of the above

Option 3: Only (a) and (b)

Option 4: Only (c)

Question :  Which of the following is included in the M1 measure of money supply?

A) Currency with Public

B) Time Deposit with Post Office

C) Demand Deposits with Commercial Banks/RBI of Public Financial Institutions

Option 1: Both B and C

Option 2: Both A and C

Option 3: Only B

Option 4: Only A

Question : Which among the following banks launched the "Gram Seva Program" across six states in India in October 2022?

Option 1: Industrial Credit and Investment Corporation of India

Option 2: Reserve Bank of India

Option 3: State Bank of India

Option 4: Housing Development Finance Corporation