The public sector was given a dominant position in the newly independent India.

The foreign trade policy post independence allowed free trade of all goods and services

Monetary policy post independence sought to keep the CRR at a very low level

None of the above

bank rate is reduced

securities are sold in the open market

SLR is increased

people do not borrow from non-banking institutions

money available with difficulty

money available at high interest rate

both (1) & (2)

neither (1) nor (2)

to control credit expansion

to control inflation

to help in government borrowings

none of these

increasing bank rate

lowering bank rate

keeping bank rates unchanged

bank rate cannot be used as a tool

CRR

SLR

Bank rate

Repo rate

IMF

World Bank

WTO

RBI

qualitative controls

quantitative controls

combination of (1) & (2)

neither (1) nor (2)

by RBI

by one commercial bank

when several commercial banks join hands

none of these

central bank

any particular commercial bank

all commercial banks

none of these

Decrease bank rate and decrease CRR

Increase bank rate and increase CRR

Increase bank rate and decrease CRR

Decrease bank rate and increase CRR

lower bank rate and purchase securities in the market

increase bank rate and purchase securities in open market

decrease bank rate and sell securities in the open market

increase bank rate and sell securities in the open market

The RBI is just like any ordinary commercial bank in India.

The RBI is responsible for the overall monetary policy of India.

Selective credit control measures affect all banks in a similar manner.

A high rate of interest encourages new investment.

Bank rate policy

Open market operation

Consumer credit regulation

Variable reserve requirement

removal of control by a few

provision of credit to big industries only

provision of adequate credit for agriculture, small industries and export units

encouragement of a new class of entrepreneurs