Which of the following is not a monetary policy instrument of the RBI? MCQ with Answer and Explanation

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Which of the following is not a monetary policy instrument of the RBI?

A. CRR

B. Open market operations

C. Government expenditure

D. Repo rate

Answer: Option C

Solution (By JKSSB Mock Tests)

Government expenditure is a fiscal policy instrument, not a monetary policy instrument.

This question belongs to: Economy GK Economy Set 1

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Question #1

The 'Economic Survey' in India is published by:

A. Ministry of Finance

B. NSO

C. NITI Aayog

D. RBI

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Correct Answer: Option A

Explanation:
Economic Survey is published by the Ministry of Finance.

This question belongs to: Economy GK Economy Set 1

Question #2

Balance of Trade refers to the difference between:

A. exports and imports of goods and services

B. foreign exchange reserves and gold

C. exports and imports of goods only

D. capital inflows and outflows

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Correct Answer: Option C

Explanation:
Balance of Trade is the difference between a country's exports and imports of goods only.

This question belongs to: Economy GK Economy Set 1

Question #3

The Most-Favoured-Nation principle under the WTO implies:

A. favourable treatment to developed countries

B. special tariff concessions to neighbours

C. prohibition of all tariffs

D. non-discriminatory treatment between trading partners

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Correct Answer: Option D

Explanation:
The MFN principle requires non-discriminatory treatment among WTO members.

This question belongs to: Economy GK Economy Set 1

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