Static Quiz – 1st April 2022

1. With reference to the functions of RBI, which of the following statements is/are correct?

1. It acts as a banker to the commercial banks.
   
2. It acts as a banker to the government of India.
   
3. It is responsible for the issue of the currency notes and the coins in the Economy.
   
4. It helps in sterilization of the economy against external shocks.
   
5. It is the controller of credit supply in an economy.

Select the correct answer using the codes given below.

2. Consider the following measures by the Government:

1. Increase in Export Duty
2. Increase in Import Duty
3. Creation of a Buffer stock

Which of the measures given above is/are suitable for controlling inflation?

3. Consider the following consequences if Indian Rupee depreciate:

1. Decrease in exports
   
2. Visiting a foreign country becomes costlier

Which of the above given statements is/are correct?

4. Which of the following issued by Indian entities and bought foreign investors constitute(s) Foreign Institutional Investment (FII)?

1.       Hedge Funds
2.       Exchange Traded Funds
3.       Green Bonds

Select the correct answer using the codes given below.

5. Which of the following decisions will improve Ease of doing business rankings for India?

1. Implementation of Insolvency and Bankruptcy code.
   
2. Implementation of right to service by the state of Tamilnadu.
3. GST implementation

Select the correct answer using the codes given below.