Banking & Monetary Policy MCQs for CET 12th Level
Practice 20 free Banking & Monetary Policy questions under Indian Economy — Economy.
Strengthen your Banking & Monetary Policy knowledge for CET 12th Level with curated MCQs. Switch between Hindi and English anytime.
CET 12th Level — Indian Economy — Banking & Monetary Policy
20 Questions • Instant results & explanations • Hindi & English
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Question 1 of 20
Which two categories represent the classification of 'Scheduled Banks' in India according to the banking structure?
Question 2 of 20
Assertion (A): To control inflation, the RBI reduces liquidity in the market. Reason (R): Liquidity control is managed through monetary policy instruments like CRR and Repo Rate.
Question 3 of 20
Identify the incorrect statement regarding the features of NBFCs:
Question 4 of 20
Identify the incorrect statement regarding the Reserve Bank of India's role as the 'Banker to the Government'.
Question 5 of 20
Which body is the parent organization of MUDRA Bank?
Question 6 of 20
Consider the following statements regarding 'Credit Rationing': I. It is a quantitative credit control measure. II. It involves setting limits on the amount of credit available to specific sectors. Which of the statements given above is/are correct?
Question 7 of 20
Which of the following is NOT a correct match regarding bank mergers in 2020?
Question 8 of 20
In the context of Qualitative measures, what does 'Credit Rationing' imply?
Question 9 of 20
Regarding the Real Time Gross Settlement (RTGS) system, consider the following statements: 1. It was started in 2004 by the Reserve Bank of India. 2. It is used for large-value transactions with a minimum limit of ₹2 lakh. Which of the above statements is/are correct?
Question 10 of 20
Which rate acts as the 'Penal Rate' for banks failing to meet reserve requirements?
Question 11 of 20
Which qualitative credit control measure involves changing the percentage of a loan that can be granted against a pledged asset?
Question 12 of 20
If the Reserve Bank of India wants to control high inflation, which of the following combinations of actions would be most appropriate?
Question 13 of 20
What is the full form of NARCL?
Question 14 of 20
What defines a 'Doubtful NPA'?
Question 15 of 20
The 'Liquidity Aggregate' L1 includes:
Question 16 of 20
Which of the following conditions implies that a bank is a 'Public Sector Bank'?
Question 17 of 20
Who manages the 'Small Enterprises Development Fund' (SEDF)?
Question 18 of 20
How many Banking Ombudsmen were established in 1995?
Question 19 of 20
The inflation target range of 4% ± 2% recommended by the Urjit Patel Committee implies an inflation band of:
Question 20 of 20