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Bank Rates and Monetary Policy

61.

Who has been appointed as director on the RBI central board?

Answer: D

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62.

EBI has come out with a PCA for banks. What does PCA stand for?

Answer: B

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63.

What do we call the funds that the banks keep with RBI as a portion of their Net Demand and Time Liabilities?

Answer: B

The Cash Reserve Ratio is the amount of funds that the banks are bound to keep with Reserve bank of India as a portion of their Net Demand and Time Liabilities (NDTL).

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64.

Monetary Policy is a regulatory policy by which the ______or monetary authority of a country controls the supply of money, availability of bank credit and cost of money that is the rate of interest:

Answer: A

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Answer: D

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66.

Who is RBI's youngest deputy governor?

Answer: B

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Answer: D

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68.

RBI has asked ARCs to have minimum NOF of ____ crore.
 

Answer: D

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69.

RBI has set up an inter-regulatory working group to study issues relating to regulatory issues regarding financial technology and which other banking service in India?

Answer: C

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70.

Monetary policy refers to what the Federal Reserve does to influence the amount of __________ and __________ in the U.S. economy.

Answer: B

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