Q. _____is the apex bank of the banking sector of an economy.
✅ Correct Answer: (C)
RBI
Banking and Finance MCQs and Notes
Q. Transparency improves _________ of CB
✅ Correct Answer: (B)
credibility
Q. RBI’s monetary policy has to sub serve the ____, economic & social objectives
✅ Correct Answer: (A)
national,
Q. Monetary policy in India is formulated by ______
✅ Correct Answer: (B)
fiscal policy committee.
Q. The inflation target at present for India is_____
✅ Correct Answer: (C)
4%
Q. Central bank is that bank which controls ______
✅ Correct Answer: (A)
credit
Q. _____is considered as an alternative to CB
✅ Correct Answer: (A)
currency Board,
Q. Forecasting or fixing rate of inflation is called______
✅ Correct Answer: (B)
Inflation targeting
Q. Growth with ______is one of the important objectives of monetary policy of the RBI.
✅ Correct Answer: (B)
Price Stability
Q. The RBI is establish in the year _____
✅ Correct Answer: (A)
1934