Who among the following is responsible for controlling money supply in the economy ? Option 1: Commercial banks Option 2: Government of India Option 3: Ministry of Finance Option 4: Reserve Bank of India

The answer is 'Reserve Bank of India'. View full solution:

CUET Economics - Who among the following is responsible for controlling money supply in the economy ? | PYQs + Solutions

CUET Economics

Macro

Easy

Commercial banks

Government of India

Ministry of Finance

Reserve Bank of India

✅ Correct Option: 4

Related questions:

29 May Shift 2

As a bankers' bank, what is the role played by RBI?

A. Custodian of cash reserves

B. Maintain Foreign Exchange Reserves

C. Currency Issue

D. Lender of last resort

E. Clearing house

Choose the correct answer from the options given below:

30 May Shift 1

Electronic transfer of money in terms of credit/ debit entries of the account-holders in the banks is called____.

28 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Currency + Demand Deposits + Savings deposits with Post Office savings banks	(I) M4
(B) Currency + Demand Deposits + Net time deposits of commercial banks + Total deposits with Post Office	(II) M2
(C) Currency + Demand Deposits	(III) M3
(D) Currency + Demand Deposits + Net time deposits of commercial banks	(IV) M1

Choose the correct answer from the options given below: