Which of the following is NOT a quantitative credit control measure of RBI? MCQ with Answer and Explanation

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Which of the following is NOT a quantitative credit control measure of RBI?

A. Bank Rate Policy

B. Open Market Operations

C. Variable Reserve Requirements

D. Credit Rationing

Answer: Option D

Solution (By JKSSB Mock Tests)

Credit rationing is a qualitative (selective) credit control measure. Bank Rate, OMO and variable reserve ratios (CRR/SLR) are quantitative measures.

This question belongs to: Economy GK Economy Set 1

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Question #1

In the context of inflation, 'Core Inflation' excludes:

A. Manufactured goods prices

B. Housing prices

C. Food and fuel prices

D. Service prices

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Correct Answer: Option C

Explanation:
Core inflation is a measure of inflation that excludes volatile items such as food and fuel prices to give a better picture of underlying inflation trends.

This question belongs to: Economy GK Economy Set 1

Question #2

Certificate of deposit is issued by:

A. mutual funds

B. stock exchanges

C. banks and financial institutions

D. RBI only

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Correct Answer: Option C

Explanation:
Certificates of deposit are issued by banks and financial institutions.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'Blue Revolution' in India is associated with which commodity?

A. Oilseeds

B. Pulses

C. Fish

D. Milk

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Correct Answer: Option C

Explanation:
The Blue Revolution is associated with fisheries development.

This question belongs to: Economy GK Economy Set 1

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