Q1 · medium · AI-verified
Which of the following is the primary objective of the Monetary Policy Committee (MPC) in India?
- To promote financial inclusion and banking sector development
- To regulate the foreign exchange market and maintain exchange rate stability
- To control government expenditure and maintain fiscal discipline
- To maintain price stability while keeping in mind the objective of growth
Q2 · medium · AI-verified
What is the current repo rate set by the Reserve Bank of India as of 2024?
- 6.25%
- 7.00%
- 6.50%
- 5.75%
Q3 · medium · AI-verified
What is the full form of MUDRA in the context of the MUDRA Bank scheme?
- Micro Units Development and Refinance Agency
- Municipal Units Development and Refinance Authority
- Micro Urban Development and Reconstruction Agency
- Micro Unified Development and Restructuring Agency
Q4 · medium · AI-verified
Which committee recommended the establishment of Regional Rural Banks (RRBs) in India?
- Tarapore Committee
- Narasimham Committee
- Chakravarty Committee
- Kelkar Committee
Q5 · medium · AI-verified
Which organization publishes the World Economic Outlook report?
- International Monetary Fund (IMF)
- Organisation for Economic Co-operation and Development (OECD)
- World Bank
- World Trade Organization (WTO)