CBSE  /  Class 12  /  Economics  /  Money and Banking

  • 1. 
    Which of the following is a qualitative method of credit control?

  • Variation in cash reserve ratio of banks
  • Restriction on consumer credit
  • Open market operations
  • Variation in bank rate

  • 2. 
    The major objectives of monetary policy is/are:

  • Increase in output and employment
  • Stability in the foreign exchange rate
  • Price stability
  • All of these

  • 3. 
    Who regulates the money supply?

  • Govt, of India
  • Reserve Bank of India
  • Commercial Bank
  • Planning Commission

  • 4. 
    With which Narsimham Committee is related to?

  • Tax Reforms
  • Banking Reforms
  • Agriculture Reforms
  • Infrastructure Reforms

  • 5. 
    In which year the second Narsimham Committee was constituted?

  • 1978
  • 1991
  • 1997
  • 1998

  • 6. 
    Banking Ombudsman Scheme was announced in the year:

  • 1990
  • 1995
  • 1997
  • 2000

  • 7. 
    Which was included in the purview of the Banking Ombudsman Scheme?

  • All Scheduled Banks
  • Co-operative Banks
  • Commerical Banks
  • All of these

  • 8. 
    Which committee was constituted for suggesting consumer service improvements in banks?

  • Raja Chelliah Committee
  • Goiporia Committee
  • Verma Committee
  • Chakrabarty Committee

  • 9. 
    For revival and restructuring of weak banks of the public sector, which committee was constituted?

  • Verma Committee
  • Goiporia Committee
  • Rekhi Committee
  • Narsimham Committee

  • 10. 
    RBI announced the guidelines to issue licenses to new banks of the private sector on:

  • January 22, 1993
  • March 15, 1995
  • April 1, 1999
  • None of these
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