CUET Economics 2025 22 May Shift 1Macro > MediumReverse repo rate.Bank Rate.Cash Reserve Ratio.Repo Rate.✅ Correct Option: 2Related questions:3 June Shift 2The 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:22 May Shift 2Currency notes and coins cannot be refused by any citizen of the country for settlement of any kind of transaction due to which they are called __ __15 May Shift 1Which of the following is the correct pair of narrow money?