Money Supply, Banking & Financial Institutions Section 5 Practice Questions Answers Test With Solutions & More Shortcuts

Question : 1 [SSC CGL 2016]

”Smart Money” term is used for

a) eBanking

b) Cash with Public

c) Credit Card

d) Internet Banking

Question : 2 [UPSC (Pre) 2001]

Consider the following statements regarding Reserve Bank of India.

1. It is a banks to the Central Government.
2. It formulates and administer monetary policy.
3. It acts as an agent of government in respect of India.
4. It handles the borrowing programme of Government of India.

a) 2, 3 and 4

b) 3 and 4

c) 1, 2, 3 and 4

d) 1 and 2

Question : 3 [SSC Constable 2015]

The Cash Reserve Ratio is a tool of :

a) Agricultural policy

b) Fiscal policy

c) Monetary policy

d) Tax policy

Question : 4 [UPPCS (Mains) 2010]

In India ‘Money and Credit’ is controlled by the

a) Industrial Development Bank of India

b) State Bank of India

c) Reserve Bank of India

d) Central Bank of India

Question : 5

Match the following.

a) i-b, ii-a, iii-c

b) i-a, ii-b, iii-c

c) i-c, ii-b, iii-a

d) i-a, ii-c, iii-b