31. The minimum investment amount for treasury bills in India is:
a) Rs. 10,000
b) Rs. 1 lakh
c) Rs. 5 lakh
d) Rs. 10 lakh
Answer: b) Rs. 1 lakh
32. Which of the following money market instruments is negotiable?
a) Treasury bills
b) Commercial papers
c) Certificate of deposit
d) All of the above
Answer: d) All of the above
33. What is the current repo rate in India?
a) 4%
b) 6%
c) 8%
d) 10%
Answer: a) 4% (This is not a permanent %)
34. Which of the following is an example of an OMO tool used by the RBI?
a) Sale of government securities
b) Repo rate
c) Statutory liquidity ratio (SLR)
d) Cash reserve ratio (CRR)
Answer: a) Sale of government securities
35. The Reserve Bank of India can keep the repo rate unchanged, increase it, or decrease it during its monetary policy review meetings.
a) True
b) False
Answer: a) True
