
Monetary Economics
Authored by Babila Kingsly
Arts
1st Grade
Used 1+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is the Central monetary policy Authority in India?
RBI
Finance Ministry
Parliament
Prime Minister
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is empowered to control the expansion of bank credit?
finance minister
home minister
commercial Bank
RBI
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by Repo Rate?
i) Rate at which RBI lends commercial banks in place of Govt. Securities
ii) Rate at which commercial banks lend the clients
only i
only ii
both i and ii
none of the above
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a step that the central bank will take to increase the overall availability of credit?
it will sell the governement securities in the market
it will buy more government securities from the market
it will raise the reverse repo rate
it will raise the repor rate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements represents the main functions of the central bank in a country?
it is responsible for the regulation over the supply of money in the market
it is responsible for the issuance of notes withing the country
it acts as a banker both to the governments and to other banks in the country
all of the above
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following statements is true about credit creation by banks?
banks create credit on the basis of their total assets
banks create credit on the basis of their total deposit
banks create credit on tbe basis of their total securities
Banks create credit out of nothin
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To help the country's credit situation, the RBI may sell securities in the open market. Say true or false.
true
false
both
nothing
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