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NextQ62

Identify and explain any one function of Central Bank as indicated in the image given below : FUNCTIONS OF RESERVE BANK OF INDIA Explain any one function of Central Bank.

Credit Control — Instruments of Monetary PolicyStudy Simplify SpecialPYQ1MCQ
Question 61

Read the following statements carefully : Statement 1 : Open Market Operations refers to purchase/sale of Government Securities (G-Sec) by the Central Bank. Statement 2 : To decrease money supply, Central Bank will sell the Government Securities to commercial banks. In the light of the given statements, choose the correct option from the following :

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