11. The RBI has the power to revoke a banking license if a commercial bank fails to meet regulatory requirements. True or False?
12. The RBI is responsible for maintaining the stability and soundness of the Indian financial system. True or False?
13. Which of the following is not a tool used by the RBI to conduct monetary policy?
a) Open market operations
b) Reserve requirements
c) Credit rating assessments
d) Repo and reverse repo rate adjustments
e) None of the above
14. The RBI sets the repo rate, which is the rate at which it lends money to commercial banks. True or False?
15. In times of inflationary pressure, the RBI is likely to take measures to ________________.
a) Increase the repo rate
b) Lower the repo rate
c) Lower reserve requirements
d) Increase credit availability
e) None of the above
