Money Supply Regulation Authority in India
The Reserve Bank of India (RBI) is the primary regulatory body responsible for managing the country's money supply and monetary policy.
Key Responsibilities of RBI
- The RBI controls the amount of currency and credit available in the economy.
- It implements various monetary policy tools to influence inflation and economic growth.
Analysis of Other Options
- SBI (State Bank of India): A commercial bank that operates under the RBI's supervision.
- IRDA (Insurance Regulatory and Development Authority): Regulates the insurance sector, not the overall money supply.
- SEBI (Securities and Exchange Board of India): Regulates the capital and stock markets.
Therefore, the RBI is the correct authority.
Similar Questions
- Who among the following has never been a Governor for Reserve Bank of India?
- Which system has been adopted by the Reserve Bank of India for note issue?
- Who among the following was the first Indian Governor of the Reserve Bank of India?
- What is the emblem of RBI?
- Which of the following is NOT a function of the Reserve Bank of India (RBI)?
- What does the term 'bank rate' refer to?
On April 9, 2025, the Reserve Bank of India's Monetary Policy Committee (MPC) announced a cut in the repo rate by:
At the 57th meeting of the Monetary Policy Committee (MPC) of the RBI held from 29 September to 1 October 2025, what decision was taken on the policy repo rate and stance?
- In which year was RBI nationalized?
- The central board of the Reserve Bank of India can have a maximum of _____ full time Deputy Governors at any given time.
Important Questions from RBI
Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)?
1. It decides the RBI's benchmark interest rates.
2. It is a 12-member body including the Governor of RBI and is reconstituted every year.
3. It functions under the chairmanship of the Union Finance Minister.
Select the correct answer using the code given below:
The terms ‘Marginal Standing Facility Rate’ and ‘Net Demand and Time Liabilities’, sometimes appearing in news, are used in relation to
In the context of Indian economy; which of the following is/are the purpose/purposes of ‘Statutory Reserve Requirements’?
(1) To enable the Central Bank to control the amount of advances the banks can create
(2) To make the people’s deposits with banks safe and liquid
(3) To prevent commercial banks from making excessive profits
(4) To force the banks to have sufficient vault cash to meet their day-to-day requirements
Select the correct answer using the code given below.
If the interest rate is decreased in an economy, it will
The lowering of Bank Rate by the Reserve Bank of India leads to:
