038 MCQ Quiz on Monetary Policy of India, and its Central Bank

All the 1.3 Billion Indians may not know that Indian Economy is passing through a Critical Phase. A question will arise? Should all the 1.3 billion Indians know about the vicissitudes and vagaries of Indian Economy? Definitely not. Because we have to exclude decripitly aged and sick persons, children. At least the 900 million Citizens who are going to elect their 542 Members of Parliament with just a click of the button on the EVM should know? Real problem is, "Do the Indian MPs know about the intricacies of the Indian Economy? Critics can always say, Should all the 542 MPs know? Critics, I hope know that the 542 MPs pass the Annual Budget of the Country, mostly through Voice Votes or just by guillotining.

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MULTIPLE CHOICE QUESTIONS TEST No. lfina9316

Here is a 10 Multiple Choice Question Test on your favorite subject. These questions can be answered online, and score can be checked by clicking `getscore` button at the top of the questions or at the bottom of the questions. There are minus marks of 0.5 (half mark) for each wrong answer. If any questions are left out, there will be no change in score. Answers for each question can also be checked by moving your mouse on the word `mouse` at the end of each question. You can try and retry any number of times.

You will get your scoresheet here

1) RESERVE BANK OF INDIA~S BENCH MARK INTEREST RATES are decided by
a`RBIs Board of Governors b`Monetary Policy Committee of India c`RBI Governor d`RBI~s Central Board of Directors --mouse here to see answers.


2) Mr. Shaktikanta Das in 2019 is:
a`India's Finance Secretary b`Governor of RBI c`CEA (Chief Economic Adviser d`Chairman Monetary Policy Committee --mouse here to see answers.


3) India's Monetary Policy Committee was created during
a`1999 Vajpayee Rule b`2013 Manmohan Singh Rule c`2016 Narendra Modi Rule d`1974 Indira Gandhi Rule --mouse here to see answers.


4) CHAIRPERSON OF INDIA~s MONETARY POLICY COMMITTEE is
a`Finance Minister b`RBI Governor c`CEA (Chief Economic Adviser) d`Finance Secretary --mouse here to see answers.


5) INDIA~S MONETARY POLICY COMMITTEE aims to maintain India~s Annual Inflation Rate upto 2021 at
a`4% b`5% c`6% d`7% --mouse here to see answers.



6) INDIA~S MONETARY POLICY COMMITTEE, if it fails to maintain Annual Inflation Rate @4% consecutively for three months, is accountable to
a`RBI b`People of India c`GOI d`FICCI and ASSOCHAM. --mouse here to see answers.


7) INDIA~S MONETARY POLICY COMMITTEE consists of
a`3 from RBI exclusive of RBI Governor, and 3 from outside b`3 from RBI and 4 from GOI c`4 from RBI and 3 from GOI d`3 from RBI incl. its Governor and 3 appointed by GOI --mouse here to see answers.


8) Out of NINE Central Board Directors of RBI, how many are nominated by Govt. of India?
a`3 b`4 c`5 d`6 --mouse here to see answers.


9) Which of the following is NOT FULLY OWNED by RBI?
a`BRBNMPL b`NHB c`DICGC d`SBI --mouse here to see answers.


10) BFS full form is ___for FINANCIAL SUPERVISION.
a`Bank b`Bulletain c`Board d`Bureau --mouse here to see answers.