CUET Economics - 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. Choose the correct answer from the options given below: | PYQs + Solutions

CUET Economics 2025 3 June Shift 2

Macro

Easy

(A), (C) and (D) only

(A), (B) and (D) only

(A), (B), (C) and (D)

(B), (C) and (D) only

✅ Correct Option: 3

Related questions:

29 May Shift 2

Match List-I with List-II

List-I	List-II
(A) $M_1$	(I) $M_1$ + Net time deposits of commercial banks
(B) $M_3$	(II) Assets - Liabilities
(C) Net Worth	(III) 1/CRR
(D) Money Multiplier	(IV) Currency + Demand Deposit

Choose the correct answer from the options given below:

28 May Shift 2

Which initiatives strengthened the government's resolution to go cashless.

(A) Jan Dhan accounts.

(B) Aadhar enabled payment systems.

(D) National financial Switch.

Choose the correct answer from the options given below:

16 May Shift 1

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

CUET Economics 2025 3 June Shift 2 PYQs