Practice Question and Answer

Q:

Who is the chairperson of the Monetary Policy Committee of India? 

2371 0

  • 1
    RBI Governor
    Correct
    Wrong
  • 2
    Prime Minister
    Correct
    Wrong
  • 3
    Finance Minister
    Correct
    Wrong
  • 4
    Chief Economic Advisor
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 1. "RBI Governor "

Q:

What happens when CRR is increased? 

7596 0

  • 1
    It decreases the money supply
    Correct
    Wrong
  • 2
    It increases the money supply
    Correct
    Wrong
  • 3
    It decreases inflation
    Correct
    Wrong
  • 4
    Only 1 & 3
    Correct
    Wrong
  • 5
    All of the above
    Correct
    Wrong
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Answer : 4. "Only 1 & 3 "

Q:

Which among the following is considered to be the most liquid asset? 

15067 0

  • 1
    Bitcoin
    Correct
    Wrong
  • 2
    Gold
    Correct
    Wrong
  • 3
    Cheque
    Correct
    Wrong
  • 4
    T - bill
    Correct
    Wrong
  • 5
    Money
    Correct
    Wrong
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Answer : 5. "Money "

Q:

Which is India's first company to open with White Label ATMs? 

2701 0

  • 1
    Airtel Finance Ltd
    Correct
    Wrong
  • 2
    Muthoot Finance
    Correct
    Wrong
  • 3
    Vakrangee Ltd.
    Correct
    Wrong
  • 4
    Hitachi money spot
    Correct
    Wrong
  • 5
    Tata indicash
    Correct
    Wrong
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Answer : 5. "Tata indicash "

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Answer : 2. "2 "

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Answer : 4. "4"

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Answer : 2. "2"

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Answer : 1. "Undermining religious feelings"

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