Directions How to Answer

Aptitude Test Topic: Economics

This section is comprised of MCQs on Economics.

Directions

The following are questions on Economics. Select the correct option to represent your answer.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Economics: All Topics Practice MCQ

Question Statement:

.Which among the following is not directly controlled by RBI?

Bank rate

Base rate

Repo rate

Cash Reserve Ratio

Explanation:

Correct Answer: B

Sol.Base Rate is the minimum lending rate that banks can charge their customers from July 1, 2010. Prior to this all lending rates were pegged to a Bank’s Prime Lending Rate or PLR. It is not directly controlled by RBI.

Question: 3 Test: 2 of 5 Next Test

Tests

You are taking Aptitude Test No. 2

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 3 and Test Number 2 of Economics: All topics. To deal with Economics questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: .Which among the following is not directly controlled by RBI? .... with options: Bank rate, Base rate , Repo rate , Cash Reserve Ratio can be solved with the concepts and understanding of Economics.