Bank Theory

Expanded MCQs: Monetary & Fiscal Policy | National Income | Union Budget Monetary Policy and Tools 1. Which of the following is NOT a tool of monetary policy? Repo Rate Reverse Repo Rate Public Debt CRR Answer: c) Public Debt 2. During the Global Financial Crisis (2008), RBI mainly: Increased interest rates Reduced CRR and SLR Cut down budget deficit Privatized banks Answer: b) Reduced CRR and SLR 3. Who formulates the monetary policy in India? Finance Ministry Prime Minister's Office RBI NITI Aayog Answer: c) RBI 4. SLR refers to: Statutory Lending Rate Statutory Liquidity Ratio Standard Lending Rate Special Liquidity Reserve Answer: b) Statutory Liquidity Ratio Fiscal Policy ...

MCQs on Fundamentals of Economics, Microeconomics, Macroeconomics and Types of Economies 1. What is the primary concern of economics? a) Production of goods only b) Unlimited wants and limited resources c) Distribution of wealth only d) Government budgeting Answer: b) 2. Which of the following is studied in Microeconomics? a) National Income b) Inflation c) Price determination in individual markets d) Government expenditure Answer: c) 3. Macroeconomics is concerned with: a) Behavior of individual consumers b) Study of a single firm's cost c) National income and employment d) Pricing of a commodity Answer: c) 4. In which type of economy are all economic decisions taken by the government? a) Market Economy b) Command Economy c) Mixed Economy d) Traditional Economy Answer: b) ...