BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which among the following surveys is not conducted by Reserve Bank of India?

A	Consumer Confidence Survey (CCS)
B	Inflation Expectations Survey of Households (IESH)
C	Survey of Professional Forecasters on Macroeconomic Indicators
D	Annual Survey of Industries

Explanation:

Detailed explanation-1: -Notes: Annual Survey of Industries is conducted by CSO while other three survey viz. Consumer Confidence Survey (CCS), Inflation Expectations Survey of Households (IESH), Survey of Professional Forecasters on Macroeconomic Indicators are conducted by Reserve Bank of India.

Detailed explanation-2: -Thus, To accept deposits on interest from public is not a function performed by Reserve Bank of India.

Detailed explanation-3: -Annual Survey of Industries (ASI) is conducted by the Industrial Statistics (IS) wing of the Central Statistics Office (CSO).

Detailed explanation-4: -Detailed Solution The task of the Reserve Bank is to issue notes. It acts as a Government of India bank, bank of banks and controller of credit.

Detailed explanation-5: -Major reports released by the Reserve Bank, including the Annual Report, Report on Trend and Progress of Banking in India, the Monetary Policy Report, and the Financial Stability Report are issued as supplements to this monthly publication. This is a monthly four-page periodical useful at operational level bankers.

There is 1 question to complete.