Question 52Asked in RRB JE CBT-1, 16 Dec 2024, Shift 1 (9:00 AM)

Which of the following statements accurately describes the role of moral suasion in controlling money?

  1. AIt is a combination of persuasion and pressure used by the RBI to influence banks' lending behaviour.
  2. BIt is a direct tool used by the RBI to control the money supply by setting interest rates.
  3. CIt refers to the variation in the statutory liquidity ratio to regulate the allocation of bank credit.
  4. DIt involves the sale and purchase of government securities to influence the money supply.
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Correct answer: (A) It is a combination of persuasion and pressure used by the RBI to influence banks' lending behaviour.

From RRB JE CBT-1 PYQ 16 Dec 2024, Shift 1 (9:00 AM)

This is question 52 of RRB JE CBT-1 PYQ 16 Dec 2024, Shift 1 (9:00 AM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.