Question

Identify the correctly matched items from Column A to that of Column B:

Column A		Column B
1	Issue of New Currency Notes	(a)	Government of India
2	Banker to the Government	(b)	State Bank of India
3	Controller of Credit	(c)	Reserve Bank of India
4	SLR	(d)	Development Bank

Options

• 1 - (a)

• 2 - (b)

• 3 - (c)

• 4 - (d)

Answer 1

3 - (c)

Explanation:

The central bank can exert effective control over economic activities and mobilize them in the desired direction by managing credit. The volume and use of credit are regulated by the central bank using quantitative and qualitative tools.