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Cooperation
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Cooperation and other economic systems
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The Co-operative movement was originated in order to eradicate the evils of
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A major drawback of the Maximum Fiduciary System is:
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The Maximum Fiduciary System was introduced in:
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Which system fixes the maximum number of notes that can be issued by the government?
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In the Fixed Fiduciary System, RBI can issue currency without gold backing up to:
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The Fixed Fiduciary (Partial Fiduciary) System was first introduced in:
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Under the Proportional Reserve System in India, what percentage of notes was backed by gold and foreign assets?
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The Proportional Reserve System requires that:
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Under India’s practice, RBI initially followed which system till 1956?
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Which principle provides elasticity in money supply?
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The Banking Principle allows note issue against:
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A major drawback of the Currency Principle is that it:
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The Currency Principle states that:
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Eligible bills of exchange and promissory notes held as reserves must be payable in
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Maintains reserves for currency issue in all of the following EXCEPT
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Which of the following is NOT a permissible reserve asset under Section 33 of the RBI Act?
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The reserve requirements for note issue are laid down under which section of the RBI Act?
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Which department of RBI is responsible for printing and issuing currency notes?
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The legal basis of RBI’s authority to issue currency notes is provided under:
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Which function ensures stability of Indian currency?
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Controlling inflation in the economy is mainly achieved through:
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Payment of interest on public debt is handled by RBI as:
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RBI maintains foreign currency reserves under which function?
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Repo rate and bank rate are tools used by RBI under:
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Commercial banks keep a part of their reserves with RBI due to its role as:
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Which function of RBI makes it the “bank of banks”?
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RBI acts as a banker to the government by:
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Which monetary function of RBI relates to printing and issuing currency notes?
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The main objective of the monetary functions of RBI is to:
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Encouraging banking habits among people falls under:
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Which function of RBI aims at economic growth and development?
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Licensing of banks is an example of:
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Which function of RBI involves controlling and regulating banks?
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Issuing of currency notes is classified under which function of RBI?
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Which function of RBI deals with regulation of money supply and credit?
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The functions of RBI are broadly classified into how many categories?
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Which of the following is NOT a category of RBI functions?
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Why does the RBI Governor have ultimate authority in policy and administration?
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Who presides over the meetings of the RBI Central Board of Directors?
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The RBI Governor is also called:
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Which of the following is true about Official Directors?
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Who appoints Unofficial Directors from the RBI local offices?
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The term “Unofficial Directors” in RBI refers to:
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Who are considered Unofficial Directors in the RBI Central Board?
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The term of office of nominated directors in the Central Board is:
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The main function of the Central Board of RBI is to:
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The Central Board of RBI meets:
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The Central Board of RBI meets:
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The term of office of nominated directors in the Central Board is:
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The Central Board of Directors of RBI includes representatives of:
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