For issuing / printing currency notes, the RBI has adopted a system –

Related MCQs

• Devaluation which means fall in value of domestic currency in terms of foreign currency takes place in
• If the RBI wants to control the speculation on the price of essential commodities, adopted a measure known as
• According managed to classification by IMF, the currency system of India falls under
• Under fixed exchange rate system, the currency rate in the market is maintained through
• RBI has withdrawn the circulation of coins in the denomination of 1 paise, 2 paise, 3 paise, 5 paise, 10 paise, 20 paise and 25 paise in which year ?
• Which of the following works as the agent of RBI while it has no own offices ?
• Which of the following is true about the restrictions on RBI? (i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
• Which of the following is not the work of RBI?
• The methods of credit control used by RBI includes (i) Open market operation (ii) Changes in CRR and SLR (iii) Selective credit control (iv) Changes in SLR
• The reserves held by the Commercial Banks over and above the statutory minimum with the RBI are called