Question
Which statements correctly describe the roles and
responsibilities of the Reserve Bank of India (RBI)? Statements: 1. The RBI formulates and implements India's monetary policy. 2. The RBI uses tools such as the repo rate and cash reserve ratio (CRR) to control inflation and manage liquidity. 3. The Ministry of Finance is responsible for setting the repo rate in India.Solution
The Reserve Bank of India is tasked with controlling the monetary policy of the country, utilizing instruments like the repo rate and CRR to regulate money supply and inflation. The repo rate is decided by the RBI's Monetary Policy Committee, not the Ministry of Finance.
Which 4 Indian states are the poorest states according to the 2011 census. Arrange in ascending order?
1.Uttar Pradesh
2.Bihar
3.Jharkhand
4.Madhya Pradesh
Who are the stakeholders in the Open Network for Digital Commerce (ONDC)? Â
‘Niwari’ is a new district separated from Tikamgarh district, and formed on 1 October 2018 in which of the following states?
What is the name of Indian Railways longest freight train which created a new record in January 2021, in SECR zone?
In August 2020, Union Minister, Nitin Gadkari has launched a mobile app, to monitor plantation along national highways, named as:Â
Which period is referred to as the ‘period of stationary phase’ of growth of India’s population?
How many Indian institutes and universities made it to the QS Sustainable Ranking 2023 list?
As per RBI's SHG-Bank Linkage Programme in case of matured SHGs, loans may be given beyond the limit of _______ the savings as per the discretion of the...
Which Indian music expert is named as cultural ambassador for Seychelles in the year 2015 ?Â
The famous physicist Victor Franz Hess is known for the discovery of: