Which of the following is true about the functions of RBI-

Related MCQs

• Which of the following is true about the functions performed by RBI - (i) It is the Bank of Issue (ii) It acts as banker to the Government (iii) It is the banker of other banks (iv) It regulates the flow of credit
• 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 true about the objectives of RBI trying to achieve- (i) Price Stability (ii) Reduce deficit (iii) Encourage export (iv) Growth
• Which of the following is true that RBI as a banker to the government (i) Maintaining and operating deposit accounts of Central and State Governments. (ii) Receipt and collection of payments to the Central and State Governments. (iii) Making payments on behalf of Central and state Governments. (iv) Providing ways and means advances to the Central and State Governments.
• Which of the following is not the work of RBI?
• Which of the following coins is not issued by the RBI ?
• Which of the following is/ are the Quantitative Instrument of RBI ?
• Which among the following would not help RBI to control the inflation in the country ?
• Which of the following works as the agent of RBI while it has no own offices ?
• Which of the following money supply is used by RBI?