Download App

BANKING AND MONETARY POLICY — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsBANKING AND MONETARY POLICY1 Mark
MCQ
What is the main function of $RBI?$
  • A
    To regulate only the commercial banks of India
  • B
    To penalize the banks for their wrong doings
  • ✓
    To form the monetary policy of India
  • D
    To benefit the customers of all the banks by providing proper banking services
✓

Answer

Correct option: C.
To form the monetary policy of India

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "MCQ" from BANKING AND MONETARY POLICY→BANKING AND MONETARY POLICY — all question types→Economics STD 12 Commerce question papers→Gujarat Board STD 12 Commerce question papers→Gujarat Board question paper generator→

Similar questions

How much percentage of food grains was grown in the year $2010-11?$
→
Which type of phenomenon is inflation?
→
What was the extent of literacy in India in $2011?$
→
In India after which years economic reforms the process urbanization is increasing?
→
How much percentage of petroleum is imported in India?
→
Which of the following committees was established to study the problem of unemployment?
→
Which of the following bodies are involved in production of electricity?
→
For which type of distribution a graph is drawn ?
→
What was the percentage of urban population of India in $2011?$
→
Economic development question is related with which nation according to Smt.Ursulla Hicks?
→