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Consider the following statements
1. During inflation, RBI increases the Cash Reserve Ratio.
2. During deflation, RBI increases the cash Reserve Ratio.
Which of the above statements is/are correct?

A) Only 1
B) Only 2
C) Both 1 and 2
D) None of them

Correct Answer:

A) Only 1

Part of solved Currency Inflation questions and answers : General Knowledge >> Economy >> Currency Inflation

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Similar Questions

1). Consider the following transactions
1. Payment between Nepal and India.
2. Payment between Bhutan and India.
Which of the payments given above is/are the payments not eligible for settlement though the Asian Clearing Union?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

2). What are the scheme to reduce interest burden of the State Government in India through gradual conversion of high cost debt into a low cost debt is known as?

A). Debt-swap scheme

B). Debt-write off scheme

C). Grants-in-aid scheme

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3). Which one of the following is the correct sequence of the countries having Foreign Exchange Reserve from high to low?

A). China - Russia - India - France

B). China - France - India - Russia

C). France - China - Russia - India

D). France - China - India - Russia

4). Match List I with List II and select the correct answer using the codes given below

List I	List II
(Committees)	(Chaired by)
A. Balance of Payments and Foreign Investment	1. Rakesh Mohan
B. Public Sector Enterprise Autonomy	2. Arjun Sen Gupta
C. Small Scale Industries	3. Rangarajan
D. Infrastructure Development	4. Abid Hussain

Below the Codes are given in A B C D order

A). 2 4 3 1

B). 3 2 4 1

C). 4 3 1 2

D). 4 1 3 2

5). Where is India's modernised currency notes press situated ?

A). Nasik

B). Mysore

C). Hoshangabad

D). Hyderabad

6). Who was the first Governor of RBI ?

A). CD Deshmukh

B). Sir James Taylor

C). PC Bhattacharya

D). Sir Osbornesmith

7). Which one the following is the proposed currency of the Gulf Cooperation Council (GCC)?

A). Khaleeji

B). Sucre

C). Minar

D). None of these

8). Consider the following statements
1.Good money is money that shows little difference between its face value of the coin and its commodity value.
2. Bad money is money that has a commodity value considerably less than its face value.
Which of the statements given above is/are correct?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

9). A foreign exchange agreement between two parties to exchange the principal and/or interest payments of a loan for equivalent aspects of an equal in net present value loan in the form of each other's currency is known as

A). debt swap

B). currency swap

C). interest swap

D). principal swap

10). Which of the following would include Foreign Direct Investment in India?
1. Subsidiaries of companies in India.
2. Majority foreign equity holding in Indian companies.
3. Companies exclusively financed by foreign companies.
4. Portfolio investment.
Select the correct answer using the codes given below

A). 1, 2, 3 and 4

B). 2 and 4

C). 1 and 3

D). 1, 2 and 4