Match the statements given under A with the correct options given under B
Match the statements given under A with the correct options given under B.
| (A) | (B) |
| (i) Bank Rate | a. Sale and Purchase of Government Securities by RBI |
| (ii) Money Multiplier | b. apex institution in the money market |
| (iii) Open Market Operations | c. Discount Rate |
| (iv) Central Bank | d. Deposit Multiplier |
Anurag Pathak Changed status to publish December 25, 2023
Ans:
(i) – c
(ii) – d
(iii) – a
(iv) – b
Explanation:-
(i) – c
Bank rate is also called Discount Rate.
(ii) – d
Money Multiplier is also called Deposit Multiplier.
(iii) – a
Open Market operations is one of the monetary policy to sale and purchaes of government securities by RBI.
(iv) – b
Central Bank is the apex institution in the money market.
Anurag Pathak Changed status to publish December 25, 2023
