UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Money Supply and Indian Financial System

  • question_answer
          Which among the following is the only correct statement?

    A) Money market meets long term financing needs

    B) Recession in industrial sector in India is normally due to fall in exports

    C) Ways and means advances given by RBI are nowhere related to State?s revenue

    D) Exchange rate is fixed by RBI

    Correct Answer: C


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