31. Which committee recommended the formation of the Monetary Policy Committee (MPC) in the RBI?
b) Kelkar Committee
c) Bimal Jalan Committee
d) Urjit Patel Committee
Answer: d) Urjit Patel Committee
32. Who is the current Deputy Governor of the RBI responsible for monetary policy?
a) R. Gandhi
b) Viral Acharya
c) Urjit Patel
Answer: b) Viral Acharya
33. The RBI conducts open market operations to influence the money supply in the economy. True or False?
Answer: True
34. The Reserve Bank of India holds the monetary reserves of which country?
a) India
b) United States
c) China
d) United Kingdom
Answer: a) India
35. The RBI has the authority to issue guidelines and regulations for the functioning of non-banking financial institutions (NBFCs). True or False?
Answer: True