The 'big push theory' of development was proposed by: MCQ with Answer and Explanation

Explanation:
The RBI Act, 1934 primarily aims at regulating the issue of bank notes, maintaining reserves to secure monetary stability and operating the currency and credit system of the country.

Explanation:
In a planned (command) economy, the central authority plans and allocates resources according to predetermined objectives rather than market signals.

Explanation:
The MPC was constituted under the Reserve Bank of India Act, 1934 as amended.