Economy Quiz: Indian Economy – Central Bank in India and its powers & Functions 7 December 2021

Quarterly-SFG-Jan-to-March
SFG FRC 2026

Dear Friends,

We are posting prelims marathon MCQs for today. In this initiative, you can attempt 10 subjective MCQs on a daily basis. For schedule, refer to the archive link given below.

For Prelims marathon archiveclick here 
Start Quiz
Marking Pattern

Correct Answer : 2

Wrong Answer : -0.66

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Lost Soul
Lost Soul
3 years ago

Total Number of Questions : 10
Total Not Attempted Questions : 0
Total Correct : 4
Total Wrong : 6
You have scored
4.04 / 20

Lost Soul
Lost Soul
3 years ago
Reply to  Lost Soul

Flexible Inflation Targeting Framework” in India – It was based on the recommendation of Urjit Patel committee. It was given statutory basis by amending the RBI Act.
*New monetary aggregates are recommended by Dr. Y.V. Reddy.
*Statutory Liquidity Ratio is covered as a term in banking regulation act.
*Liberalized Exchange Rate Management System (LERMS) was a new system of exchange rate management.
According to this system, forty percent of the proceeds of exports and inward remittances were purchased at the official exchange rate by the (RBI) Reserve Bank of India for official use.

ForumIAS
3 years ago
Reply to  Lost Soul

Thanks for attempting, keep practicing

Radha (R. K)
Radha (R. K)
3 years ago

6/10

ForumIAS
3 years ago
Reply to  Radha (R. K)

Good attempt, keep practicing

Vikash Kumar
Vikash Kumar
3 years ago

4/10….(

ForumIAS
3 years ago
Reply to  Vikash Kumar

keep up the revision and practice

GRIZZLY
GRIZZLY
3 years ago

TIME LEFT :02:28
Your Score Card
Total Number of Questions : 10
Total Not Attempted Questions : 3
Total Correct : 4
Total Wrong : 3
You have scored
6.02 / 20

Vrahalanaidu Gurugubelli
Vrahalanaidu Gurugubelli
3 years ago

Total Number of Questions : 10
Total Not Attempted Questions : 2
Total Correct : 5
Total Wrong : 3
You have scored
8.02 / 20

ANKIT KUMAR
ANKIT KUMAR
3 years ago

3/7

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