Who is the custodian of the foreign exchange reserves of the economy?

Which of the following is incorrect about the relaxations given by the government to reduce cash crunch immediately after demonetization?

Identify the incorrect statement.

(A) Money is what money does

(B) There are many assets which carry functions of money

(C) In modern sense, money creates instability

(D) The first and foremost role of money is that it acts as medium of exchange

(E) Money acts only as convenient unit of account

Choose the correct answer from the options given below :

Which of the following statements is correct with reference to the Cash Reserve Ratio (CRR)?

A. The RBI decides a certain percentage of deposits which every bank must keep as reserves with the central bank

B. To ensure that no bank is 'over lending'

C. This is a legal requirement and is binding on the banks

D. Cash Reserve Ratio and Statutory Liquidity Ratio are the same concept.

Choose the correct answer from the options given below:

1. (A), (B) and (D) only
2. (A), (B) and (C) only
3. (A), (B), (C) and (D)
4. (B), (C) and (D) only

Match List-I with List-II

Choose the correct answer from the options given below:

Arrange the following statements related to money multiplier process in correct sequence.

(A) The bank has Rs 140 as deposits.

(B) The bank has Rs 80 to lend.

(C) A bank has a initial deposits of Rs 100 and needs to keep reserves as 20 per cent.

(D) The bank lends 50% of lending amount to Sonia.

Choose the correct answer from the options given below:

If all the depositors, one day come to withdraw all the cash, what would be role played by RBI?