Q1. Which of the following can be said to be an example of expansionist monetary policy 1 Increasing the cash reserve ratio 2 Lowering the bank rate 3 Increasing the repo rate Select the correct answer using the codes given below

Q2. Consider the following statements regarding the Liberalised Remittance Scheme LRS 1 Remittance for trading in foreign exchange abroad is permitted under the scheme 2 Acquisition of immovable property abroad is an allowed transaction under the scheme 3 Charitable trusts can utilize the scheme to send assistance abroad How many of the statements given above are correct

Q3. Consider the following statements in the context of RBI s role in fighting inflation 1 In short run there can be trade off between growth and inflation 2 Controlling inflation is important for growth in long run 3 RBI is said to have limited role in containing food inflation as supply side factors are important 4 RBI s sole objective is to ensure economic growth 5 RBI has adopted Multiple Indicator approach to decide monetary policy Which of the following are true

Q4. Consider the following statements with reference to Ways and Means Advances WMA It is a facility for which both Centre and States can borrow money from the RBI These borrowings are meant purely to tide over temporary mismatches in cash flows of receipts and expenditures The interest rate on WMA is lower than RBI s repo rate Select the correct statement

Q5. Which among the following categories is are eligible for finance under the revised Priority Sector Lending PSL guidelines released by Reserve Bank of India RBI Bank finance for start ups Loans for setting up Compressed Bio Gas CBG plants Loans to farmers for installation of solar power plants for solarisation of grid connected agriculture pumps Select the correct statement