Question
The regulatory authority of money supply in India is the:
This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
RBI
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.
Was this answer helpful?
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?
- What is the emblem of RBI?
- Which of the following is NOT a function of the Reserve Bank of India (RBI)?
- Who among the following was the first Indian Governor of the Reserve Bank of India?
- What does the term 'bank rate' refer to?
- Which of the following is NOT a function of the Reserve Bank of India (RBI)?
- The Financial Literacy Week is an initiative by:
- The Reserve Bank of India has established a comprehensive Digital Payment Index (DPI) to record the degree of digitization of payments with _____ as base period.
- Where is the office of the Governor of the Reserve Bank of India?
Important Questions from RBI
The Central Board of Directors of the Reserve Bank of India are appointed for a term of ______ years.
Which of the following Acts was amended to provide a statutory basis for the implementation of the flexible inflation targeting (FIT) framework?
In which year was The Reserve Bank of India was established?
Which of the following institutions is responsible for regulating the formal sources of credit in India?
Which of the following statements about the Reserve Bank of India (RBI) is NOT correct?
Need Expert Advice?
Upcoming Exams
RRB ALP
July 28, 2026
RRB Group D
August 03, 2026
Test Series
Railways
RRB NTPC Under Graduate 2026 New Mock Test Series
1459 Tests 2 Tests Free
212 Attempts
4.3(512)
English, Hindi, Telugu +7 More
More Questions from RRB NTPC
