Identify the correct statements from the following:

A. Currency is issued by the nation's Central Bank

B. To address the budget deficit, Central Bank sends money to the government

C. The economy's foreign exchange reserves are preserved by Central Bank

D. Central Bank does not control money supply and credit through monetary policy

E. Central Bank gives loans to the commercial Banks for short term

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When was the most recent demonetization undertaken by the government of India?

When Central Bank buys securities, this agreement of purchase also has specification about date and price of the resale, it is called:

Economic exchanges without the mediation of money are referred to as ...........

Policy tools to control money supply by the RBI are given below. Identify the correct statements.

(A) Persuasion is a qualitative tool of RBI.

(B) RBI influences money supply through open market operation.

(C) Outright open market operations are temporary in nature.

(D) Selling of a bond by RBI leads to reduction in quantity of reserves.

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Match List - I with List - II.

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The Central Bank is a very important institution in the modern economy. What are the main characteristics of the Reserve Bank of India?

(A) India got its central bank in 1935.

(B) It is the custodian of the foreign exchange reserves of the economy.

(C) It controls the money supply of the country through various methods, like bank rate, open market operations etc.

(D) It also acts as a bank for the banking system.

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