41. The RBI manages and invests foreign exchange reserves to facilitate external trade and payment transactions. (True/False)
Answer: True
42. The Reserve Bank of India does not play any role in the regulation and supervision of cooperative banks. (True/False)
Answer: False
43. The sale of government securities by the RBI to banks results in an increase in the government’s borrowing costs. (True/False)
Answer: False
44. The RBI undertakes the inspection and examination of scheduled commercial banks through on-site and off-site supervision. (True/False)
Answer: True
45. The Reserve Bank of India does not have the authority to issue directions and guidelines to banks for preventing frauds and malpractices. (True/False)
Answer: False
