Monetary Policy & Money Supply

27 questions in Indian Economy.

Asked in 1995

1995 · Q55 Indian EconomyMonetary Policy & Money Supplymoderate

Which one of the following is not an instrument of selective credit control in India?

(a)Regulation of consumer credit
(b)Rationing of credit
(c)Margin requirements
(d)Variable reserve ratios

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Official answer(d) Variable reserve ratios

1995 · Q60 Indian EconomyMonetary Policy & Money Supplyeasy

Bank Rate implies the rate of interest

(a)paid by the Reserve Bank of India on the deposits of Commercial Banks
(b)charged by Banks on loans and advances
(c)payable on Bonds
(d)at which the Reserve Bank of India discounts the Bills of Exchange

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Official answer(d) at which the Reserve Bank of India discounts the Bills of Exchange