History of Reserve Bank of India

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41. What is the current reverse repo rate in India?

a) 4%

b) 4.5%

c) 5%

d) 5.5%

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42. Which committee recommended the introduction of the concept of ‘inflation targeting’ in India?

a) Raghuram Rajan Committee

b) Urjit Patel Committee

c) Bimal Jalan Committee

d) Y. V. Reddy Committee

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43. Which entity regulates and supervises credit rating agencies in India?

a) Reserve Bank of India

b) Securities and Exchange Board of India

c) Ministry of Finance

d) Ministry of Corporate Affairs

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44. Which committee recommended the introduction of the Banking Codes and Standards Board of India (BCSBI)?

a) Tarapore Committee

b) Damodaran Committee

c) Narasimham Committee

d) Reddy Committee

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45. Which subsidiary of RBI is responsible for managing the currency chests in India?

a) State Bank of India

b) National Securities Depository Limited

c) Industrial Development Bank of India

d) Reserve Bank of India Services Board

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