36. The primary tool of monetary policy used by the RBI is:
a) Repo rate
b) Reverse repo rate
c) Cash reserve ratio (CRR)
d) Statutory liquidity ratio (SLR)
Answer: a) Repo rate
37. The RBI is responsible for managing the government’s debt. True or False?
Answer: True
38. The RBI Act empowers the central bank to act as a banker to the government. True or False?
Answer: True
39. In which year did the RBI become the first central bank in the world to issue a comprehensive set of guidelines for sustainable development?
a) 1975
b) 1996
c) 2005
d) 2013
Answer: d) 2013
40. The RBI is responsible for safeguarding the interest of the depositors of banks. True or False?
Answer: True