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Bank Rates and Monetary Policy

51.

How much will replacing INR 500 and 1000 rupee notes cost the RBI?

Answer: B

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52.

Which among the following is also known as ‘base money’ or ‘high-powered money or Reserve Money?

Answer: A

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53.

Who replaced R. Gandhi as Deputy Governor of RBI?

Answer: A

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Answer: A

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55.

The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to?

Answer: A

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56.

RBI has constituted an Internal Advisory Committee for resolution under which code?

Answer: D

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57.

RBI has been amended by which act to provide for a Monetary Policy Committee for the maintenance of price stability?
 

Answer: A

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58.

What is the value of the reverse repo rate, as per the first RBI bimonthly policy review of 2017-2018?

Answer: C

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Answer: A

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Answer: A

The reverse repo rate is the rate at which banks place their surplus funds with the RBI under the liquidity adjustment facility (LAF)

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