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Monetary Policy of the RBI
1
2
3
4
5
1.
What is the effect of increasing the Cash Reserve Ratio (CRR)?
It decreases the money supply
It increases interest rates
It decreases inflation
All of the above
2.
Which of the following counts under SLR?
Cash in Hand
Gold owned by the bank
Balance with RBI
All of the above
3.
What do we call the rate at which the Reserve Bank of India lends money to commercial banks?
Repo rate
Reverse repo rate
CRR
SLR
4.
Who is the chairperson of the Monetary Policy committee of India?
Finance Minister
Prime Minister
RBI Governor
Chief Economic Advisor
5.
What do we call the instruments of monetary policy which directly affect the quantity of money supply?
Quantitative instruments
Qualitative instruments
Money instruments
None of the above
Submit Test
These questions are part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations.
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