If the RBI decides to adopt an expansionist monetary policy, which of the following would it not do? (2020)
1. Cut and optimise the Statutory Liquidity Ratio
2. Increase the Marginal Standing Facility Rate
3. Cut the Bank Rate and Repo Rate
Select the correct answer using the code given below:

Consider the following statements: (2020)
1. In terms of short-term credit delivery to the agriculture sector, District Central Cooperative Banks (DCCBs) deliver more credit in comparison to Scheduled Commercial Banks and Regional Rural Banks.
2. One of the most important functions of DCCBs is to provide funds to the Primary Agriculture Credit Societies.
Which of the statements given above is/are correct?

The Service Area Approach was implemented under the purview of (2019)

The Chairman of public sector banks are selected by the: (2019)

Which of the following is not included in the assets of a commercial bank in India? (2019)

Which of the following is issued by registered foreign portfolio investors to overseas investors who want to be part of the Indian stock market without registering themselves directly? (2019)

Which one of the following is not the most likely measure the Government/ RBI takes to stop the slide of the Indian rupee? (2019)

Consider the following statements: (2018)
1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if the account-holders fail to repay dues.
2. CAR is decided by each individual bank.
Which of the statements given above is/are correct?

Which one of the following statements correctly describes the meaning of legal tender money? (2018)

Consider the following statements: (2018)
1. The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.
2. Treasury bills are issued by the Government of India and there are no treasury bills issued by the state Governments.
3. Treasury bills are issued at a discount from the par value.
Which of the statements given above is/are correct?

With reference to the governance of public sector banking in India, consider the following statements: (2018)
1. Capital infusion into public sector banks by the Government of India has steadily increased in the last decade.
2. To put the public sector banks in order, the merger of associate banks with the parent State Bank of India has been affected.
Which of the statements given above is/are correct?

Which of the following statements is/are correct regarding the 'Monetary Policy Committee (MPC)? (2017)
1. It decides the RBI's benchmark interest rates.
2. It is a 12-member body including the Governor of RBI and is reconstituted every year.
3. It functions under the chairmanship of the Union Finance Minister.
Select the correct answer using the code given below:

The establishment of 'Payment Banks' is being allowed in India to promote financial inclusion. Which of the following statements is/are correct in this context? (2016)
1. Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of Payment Banks.
2. Payment Banks can issue both credit cards and debit cards.
3. Payment Banks cannot undertake lending activities.
Select the correct answer using the code given below.

The term 'Core Banking Solution' is sometimes seen in the news. Which of the following statements best describes/describe this term? (2016)
1. It is a network of a bank's branches which enables customers to operate their accounts from any branch of the bank on its network regardless of where they open their accounts.
2. It is an effort to increase RBI's control over commercial banks through computerization.
3. It is a detailed procedure by which a bank with huge non-performing assets is taken over by another bank.
Select the correct answer using the code given below.

What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI? (2016)
1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.
Select the correct answer using the code given below.

'Pradhan Mantri Jan-Dhan Yojana' has been launched for: (2015)

When the Reserve Bank of India reduces the Statutory Liquidity Ratio by 50 basis points, which of the following is likely to happen? (2015)

'Basel III Accord' or simply 'Basel III' often seen in the new, seeks to: (2015)

With reference to Indian economy, consider the following: (2015)
1. Bank rate
2. Open market operations
3. Public debt
4. Public Revenue
Which of the above is/are component/components of Monetary Policy?

The terms 'Marginal Standing Facility Rate' and 'Net Demand and Time Liabilities', sometimes appearing in news, are used in relation to: (2014)

What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas? (2014)
1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages.
2. It enables the beneficiaries in the rural areas to make deposits and withdrawals.
Select the correct answer using the code given below.

In the context of the Indian economy, which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'? (2014)
1. To enable the Central Bank to control the amount of advances the banks can create.
2. To make the people's deposits with banks safe and liquid.
3. To prevent the commercial banks from making excessive profits.
4. To force the banks to have sufficient vault cash to meet their day-to-day requirements.
Select the correct answer using the code given below.

Supply of money remaining the same when there is an increase in demand for money, there will be: (2013)

In the context of Indian economy, 'Open Market Operations' refers to: (2013)

Priority Sector Lending by banks in Indian constitutes the lending to: (2013)

Which of the following grants/grant direct credit assistance to rural households? (2013)
1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks
Select the correct answer using the codes given below.

The Reserve Bank of India regulates the commercial banks in matters of: (2013)
1. Liquidity of assets
2. Branch expansion
3. Merger of banks
4. Winding-up of banks
Select the correct answer using the codes given below:

Consider the following liquid assets: (2013)
1. Demand deposits with the banks
2. Time deposits with the banks
3. Savings deposits with the banks
4. Currency
The correct sequence of these assets in the decreasing order of liquidity is

The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? (2012)
1. Other banks retain their deposits with the RBI.
2. The RBI lends funds to the commercial banks in times of need.
3. The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below:

The basic aid of Lead Bank Scheme is that: (2012)

Why is the offering of "teaser loans" by commercial banks a cause of economic concern? (2011)
1. The teaser loans are considered to be an aspect of subprime lending and banks may be exposed to the risk of defaulters in future.
2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.
Which of the statements given above is/are correct?

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? (2011)

Which of the following can aid in furthering the Government's objective of inclusive growth? (2011)
1. Promoting Self-Help Groups.
2. Promoting Micro, Small and Medium Enterprises.
3. Implementing the Right to Education Act.
Select the correct answer using the codes given below:

Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under microfinance is/are: (2011)
1. Credit facilities
2. Savings facilities
3. Insurance facilities
4. Fund Transfer facilities
Select the correct answer using the codes given below the lists:

The money multiplier in an economy increases with which one of the following? (2019/2021)

What is/are the most likely advantages of implementing 'Goods and Services Tax' (GST)? (2017)
1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India.
2. It will drastically reduce the 'Current Account Deficit' of India and will enable it to increase its foreign exchange reserves.
3. It will enormously increase the growth and size of the economy of India and will enable it to overtake China in the near future.
Select the correct answer using the code given below:

Under which of the following circumstances may 'capital gains' arise? (2012)
1. When there is an increase in sales of product.
2. When there is a natural increase in the value of the property owned.
3. When you purchase a painting, there is a growth in its value due to an increase in its popularity.
Select the correct answer using the codes given below:

Which one of the following is not a feature of "Value Added Tax"? (2011)

With reference to the expenditure made by an organization or a company, which of the following statements is/are correct? (2022)
1. Acquiring new technology is capital expenditures.
2. Debt financing is considered capital expenditure, while equity financing is considered revenue expenditure.
Select the correct answer using the code given below.

With reference to Indian economy, consider the following statements: (2022)
1. A share of the household financial savings goes towards government borrowings.
2. Dated securities issued at market related rates in auctions form a large component of internal debt.
Which of the above statements is/are correct?

Which one of the following effects of the creation of black money in India has been the main cause of worry to the Government of India? (2021)

In the context of the Indian economy, non-financial debt includes which of the following? (2020)
1. Housing loans owed by households
2. Amounts outstanding on credit cards
3. Treasury bills
Select the correct answer using the code given below:

Consider the following statements: (2017)
1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.
2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.
Which of the statements given above is/are correct?

There has been a persistent deficit budget year after year. Which action/actions of the following can be taken by the Government to reduce the deficit? (2016)
1. Reducing revenue expenditure
2. Introducing new welfare schemes
3. Rationalising subsidies
4. Reducing import duty
Select the correct answer using the code given below.

Which of the following is/are included in the capital budget of the Government of India? (2016)
1. Expenditure on acquisition of assets like roads, buildings, machinery, etc.
2. Loans received from foreign governments
3. Loans and advances granted to the States and Union Territories
Select the correct answer using the code given below.

With reference to 'Financial Stability and Development Council', consider the following statements: (2016)
1. It is an organ of NITI Aayog.
2. It is headed by the Union Finance Minister.
3. It monitors macroprudential supervision of the economy.
Which of the statements given above is/are correct?

With reference to the Fourteenth Finance Commission, which of the following statements is/are correct? (2015)
1. It has increased the share of States in the central divisible pool from 32 percent to 42 percent.
2. It has made recommendations concerning sector-specific grants.
Select the correct answer using the code given below.

With reference to the Union Government, consider the following statements: (2015)
1. The Department of Revenue is responsible for the preparation of the Union Budget that is presented to the Parliament.
2. No amount can be withdrawn from the Consolidated Fund of India without the authorization from the Parliament of India.
3. All the disbursements made from Public Account also need the authorization from the Parliament of India.
Which of the statements given above is/are correct?

A decrease in tax to GDP ratio of a country indicates which of the following? (2015)
1. Slowing economic growth rate
2. Less equitable distribution of national income
Select the correct answer using the codes given below.

'Rapid Financing Instrument' and 'Rapid Credit Facility' are related to the provisions of lending by which one of the following? (2022)

With reference to the Indian economy, consider the following statements: (2022)
1. An increase in Nominal Effective Exchange Rate (NEER) indicates the appreciation of rupee.
2. An increase in the Real Effective Exchange Rate (REER) indicates an improvement in trade competitiveness.
3. An increasing trend in domestic inflation relative to inflation in other countries is likely to cause an increasing divergence between NEER and REER.
Which of the statements are correct?

Consider the following statements: (2022)
1. Tight monetary policy of the US Federal Reserve could lead to capital flight.
2. Capital flight may increase the interest cost of firms with existing External Commercial Borrowings (ECBs).
3. Devaluation of domestic currency decreases the currency risk associated with ECBs.
Which of the statements given above are correct?

Consider the following statements: (2021)
The effect of the devaluation of a currency is that it necessarily:
1. Improves the competitiveness of domestic exports in the foreign markets.
2. Increases the foreign value of the domestic currency
3. Improves the trade balance
Which of the above statements is/are correct?

Consider the following: (2021)
1. Foreign currency convertible bonds
2. Foreign institutional investment with certain conditions
3. Global depository receipts
4. Non-resident external deposits
Which of the above can be included in Foreign Direct Investments?

With reference to the international trade of India at present, which of the following statements is/are correct? (2020)
1. India's merchandise exports are less than its merchandise imports.
2. India's imports of iron and steel, chemicals, fertilisers and machinery have decreased in recent years.
3. India's exports of services are more than its imports of services.
4. India suffers from an overall trade/current account deficit.
Select the correct answer using the code given below:

In the context of India, which of the following factors is/are contributor/contributors to reducing the risk of a currency crisis? (2019)
1. The foreign currency earnings of India's IT sector
2. Increasing the government expenditure
3. Remittances from Indians abroad
Select the correct answer using the code given below.

Consider the following statements: (2019)
1. Most of India's external debt is owed by governmental entities.
2. All of India's external debt is denominated in US dollars.
Which of the statements given above is/are correct?

Consider the following statements: (2019)
1. Purchasing Power Parity (PPP) exchange rates are calculated by comparing the prices of the same basket of goods and services in different countries.
2. In terms of PPP dollars, India is the sixth largest economy in the world.
Which of the statements given above is/are correct?

India enacted the Geographical Indications of Goods (Registration and Protection) Act, 1999 in order to comply with the obligations to: (2018)