The rate which is determined by the government is known as:

Related MCQs

• Under fixed exchange rate system, the currency rate in the market is maintained through
• When one country manipulates exchange rate against the interest of other country, is known as
• Flexible Exchange Rate System is also known as:
• The buying rate is also known as the
• 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 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.
• The RBI’s function of Banker to Government implies
• The National Small Industries Corporation (NSIC) was set up by Government of India in
• The Export-Import Bank of India was set up by the Government of India on
• With the government take-off of all the life insurance companies in India, the Life Insuarnce Corporation of India (LIC) was formed in