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Identify the correct pair of items (combination) from the combinations given in Column 1 and Column 2. (1) Column 1 Issue of currency Column 2 Government of India

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Question

Identify the correct pair of items (combination) from the combinations given in Column 1 and Column 2.

Options

  • Column 1 Column 2
    Issue of currency Government of India
  • Column 1 Column 2
    Banker to the government State Bank of India
  • Column 1 Column 2
    Controller of credit Reserve Bank of India
  • Column 1 Column 2
    Statutory Liquidity Ratio (SLR) Government of India
MCQ
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Solution

Column 1 Column 2
Controller of credit Reserve Bank of India

Explanation:

Reserve Bank of India, which is the central bank of India, regulates and controls the volume and use of credit,

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Chapter 14: Banks: Commercial Bank and Central Bank - TEST YOURSELF QUESTIONS [Page 292]

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Frank Economics [English] Class 12 ISC
Chapter 14 Banks: Commercial Bank and Central Bank
TEST YOURSELF QUESTIONS | Q 15. | Page 292
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