Indian Economy Gk Questions and Answers

17. Cash reserve ratio and open market operations are instruments of
  A.  Trade policy
  B.  Budgetary policy
  C.  Fiscal policy
  D.  Monetary policy
Answer
Ans: D
Monetary policy
18. One rupee note in India is signed by
  A.  RBI Governor
  B.  Union Finance Minister
  C.  Secretary, Commerce Ministry
  D.  Secretary, Finance Ministry
Answer
Ans: D
Secretary, Finance Ministry
19. SDR is the currency of IMF which is in the form of
  A.  Gold
  B.  Silver and gold both
  C.  Paper currency
  D.  Book keeping entry only
Answer
Ans: D
Book keeping entry only
20. Individual cannot open his account in
  A.  RBI
  B.  Scheduled Commericial Banks
  C.  Regional Rural Bank
  D.  Urban Cooperation Bank
Answer
Ans: A
RBI
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