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Bank Rates and Monetary Policy

1.

Price Stability implies promoting ______with considerable emphasis on price stability:

Answer: B

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2.

Who has been appointed RBI ED w.e.f April 3, 2017?

Answer: B

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3.

Who has been appointed part time chairman of Catholic Syrian Bank?

Answer: A

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4.

Through open market operations, the Federal Reserve buys and sells government securities to influence the supply of bank reserves. When the Fed wants to increase reserves, it does what?

Answer: A

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5.

What do we call the rate at which the Reserve Bank of India lends money to commercial banks?

Answer: A

Repo rate is the rate at which the Reserve Bank of India lends money to the commercial banks of India. It is an important Monetary policy tool.

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6.

RBI asked banks to maintain additional average daily balance through incremental CRR of what percent?

Answer: C

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Answer: A

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Answer: A

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9.

RBI has released the on tap universal banking license excluding which group as eligible entities from the purview?

Answer: C

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10.

RBI has appointed whom as the Executive Director on July 5, 2016?

Answer: A

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