Topic: RBI and Functions (29 Questions)

Which of the following are the sources of income for the Reserve Bank of India?

• I.Buying and selling Government bonds
• II.Buying and selling foreign currency
• III.Pension fund management
• IV.Lending to private companies
• V.Printing and distributing currency notes

Consider the following statements in respect of the digital rupee:

• 1.It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.
• 2.It appears as a liability on the RBI's balance sheet.
• 3.It is insured against inflation by its very design.
• 4.It is freely convertible against commercial bank money and cash.

Which of the statements given above are correct?

Consider the following statements:

• 1.In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India.
• 2.In India, Foreign Institutional Investors can hold the Government Securities (G-Secs).
• 3.In India, Stock Exchanges can offer separate trading platforms for debts.

Which of the statements given above is/are correct?

With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements:

• 1.There is no minimum capital requirement for wholly owned banking subsidiaries in India.
• 2.For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.

Which of the statements given above is/are correct?