36. Which of the following is NOT a financing option available to the government in India?
a) Internal borrowing
b) External borrowing
c) Monetization of fiscal deficit
d) Printing new currency
37. Who issues Cash Management Bills (CMBs) in India?
a) Ministry of Finance
c) State Governments
d) Securities and Exchange Board of India (SEBI)
38. What is the main difference between Treasury Bills and Cash Management Bills?
a) Treasury Bills have longer maturity periods than Cash Management Bills.
b) Cash Management Bills are issued only by the central government, while Treasury Bills can be issued by both central and state governments.
c) Treasury Bills pay fixed interest rates, while Cash Management Bills pay floating interest rates.
d) Cash Management Bills are issued in physical form, while Treasury Bills are issued electronically.
39. Which department of RBI manages the investment of foreign exchange reserves?
a) Department of Government and Bank Accounts
b) Department of External Investments and Operations
c) Department of Monetary Policy
d) Department of Currency Management[/expander_maker]
40. The term “Ways and Means Advances (WMA)” refers to:
a) Advances granted to commercial banks during liquidity crunch situations.
b) Advances provided by RBI to state governments to address temporary mismatches in cash flows.
c) Advances given by RBI to foreign governments as part of international aid programs.
d) Advances made to financial institutions to promote credit availability in the economy.
