A Quiz on monetary policy
The main objectives of CRR and SLR are to ensure :
Liquidity position of Bank
Financial position of Bank
Profit position of Bank.
If RBI reduces the cash reserve ratio, what will happen to credit creation?
There will be no impact
It will decrease
It will increase
The primary purpose of the RBI monetary policy is to maintain:
wealth
exchange rate
price stability
The monetary policy stances in which interest rates may move either way upwards or downwards is called
Accomodative Stance
Neutral Stance
Calibarated Stance
What happens when
CRR is increased?
It decrease inflation
It decrease money supply
Both
Which of the following counts under SLR?
Cash in Hand
Gold owned by the bank
Both
What do we call the rate at which the Reserve Bank of India lends money to commercial banks?
Repo rate
CRR
SLR
Who is the chairperson of the Monetary Policy committee of India?
Finance Minister
Prime minister
RBI Governor
What do we call the instruments of monetary policy which directly affect the quantity of money supply?
Quantitative instruments
Qualitative instruments
Money Instruments
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