The Liquidity Adjustment Facility of the RBI includes: MCQ with Answer and Explanation

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The Liquidity Adjustment Facility of the RBI includes:

A. CRR and SLR

B. Repo and reverse repo

C. Currency printing and open market operations

D. Bank rate and MSF

Answer: Option B

Solution (By JKSSB Mock Tests)

The Liquidity Adjustment Facility comprises repo and reverse repo operations.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'National Bank for Agriculture and Rural Development' was established in which year?

A. 1969

B. 1982

C. 1991

D. 1975

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Correct Answer: Option B

Explanation:
NABARD was established in 1982.

This question belongs to: Economy GK Economy Set 1

Question #2

The Lead Bank Scheme was introduced in 1969 based on the recommendations of:

A. Narasimham Committee

B. Rangarajan Committee

C. Kelkar Committee

D. Gadgil Study Group

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Correct Answer: Option D

Explanation:
The Lead Bank Scheme was introduced on the recommendation of the Gadgil Study Group.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'United Nations Conference on Trade and Development' is headquartered in:

A. New York

B. Geneva

C. Rome

D. Vienna

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Correct Answer: Option B

Explanation:
UNCTAD is headquartered in Geneva, Switzerland.

This question belongs to: Economy GK Economy Set 1

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