46. The RBI conducts periodic stress tests on banks to assess their resilience to adverse economic conditions. True or False?
Answer: True
47. The RBI operates the Real Time Gross Settlement (RTGS) system, which enables the real-time transfer of large-value funds between banks. True or False?
Answer: True
48. The RBI sets the policy rate, which is the rate at which banks borrow from each other in the interbank market. True or False?
Answer: True
49. The RBI has the authority to issue and regulate prepaid payment instruments, such as mobile wallets and prepaid cards. True or False?
Answer: True
50. The RBI’s role in regulating banks is aimed at maintaining the stability of the financial system and protecting the interests of depositors and other stakeholders. True or False?
Answer: True
