1. Which of the following are price indices? A. Consumer price Index B. Wholesale Price Index C. GNP deflator D. Import – Exam Index (4)
(1) A and B
(2) A., B and D
(3) A, C and D
(4) A, B and C
(5) All of these
2. Inflation tends to hit most (4)
(1) the speculators
(2) the fixed wage earners
(3) the shareholders of companies
(4) All the above
(5) None of the above
3. If the reserve bank sells securities in the open market, it will lead to (2)
(1) an increase in the rates of foreign exchange
(2) a reduction in the cash reserves of commercial banks
(3) an increase in the market rate of interest
(4) an increase in the money supply
(5) None of the above
4. The RBI’s method of credit control may be broadly divided into (1)
(1) quantitative and qualitative
(2) open and close
(3) monetary and fiscal
(4) rural and urban
(5) None of these
5. Indian Banks have the maximum foreign branches in (2)
(1) Bangladesh
(2) UK
(3) USA
(4) Sri Lanka
(5) China
