41. Who is responsible for the printing and distribution of currency notes in India?
a) Ministry of Finance
b) Ministry of Commerce
c) Ministry of Home Affairs
Answer: d) Reserve Bank of India
42. What is the current repo rate in India?
a) 4.75%
b) 5.50%
c) 6.25%
d) 7.00%
Answer: b) 5.50%
43. The RBI has the authority to issue guidelines and regulations for the functioning of credit rating agencies in India. True or False?
Answer: True
44. The Financial Stability and Development Council (FSDC) coordinates the activities of various financial sector regulators, including the RBI. True or False?
Answer: True
45. The RBI has the power to inspect and supervise cooperative banks in India. True or False?
Answer: True
