21. The RBI is responsible for formulating and implementing policies to promote financial inclusion and banking services to underserved sections of the population. True or False?
22. The RBI is accountable to the Ministry of Finance for its actions and policies. True or False?
23. The RBI publishes periodic reports on various aspects of the Indian economy, such as the Financial Stability Report and the Annual Report. True or False?
24. The RBI’s role in regulating banks and maintaining financial stability is primarily guided by laws and regulations set by the ________________.
a) Ministry of Finance
b) President of India
c) Parliament of India
d) Supreme Court of India
e) None of the above
25. The RBI’s regulatory framework for banks is designed to ensure ________________.
a) Soundness and stability of the banking system
b) Profitability of banks
c) International competitiveness of Indian banks
d) All of the above
e) None of the above
