ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
RBI doesn’t consist of
A
Longevity
B
Knowledge
C
Life Expectancy
D
Standard of living
Explanation: 

Detailed explanation-1: -RBI does not regulate the credit flow. Answer» D.

Detailed explanation-2: -Issuing of coins is not a function of the Central Bank.

Detailed explanation-3: -The Reserve Bank of India (RBI) set up the Agricultural Refinance Corporation (ARC) in 1963 to work as a refinancing agency in providing medium-term and long-term agricultural credit to support investment credit needs for agricultural development.

Detailed explanation-4: -Which of the following is not the work of RBI? Explanation: RBI allocates funds to NABARD for agricultural development. NABARD further allocates funds to farmers for agricultural development through rural banks and commercial banks.

There is 1 question to complete.