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The Central Bank & Monetary Policy · Question 50 of 58

Question 50

MediumOriginal question

When the RBI imposes penalties or restrictions on a bank that ignores its directions, it is using

Options for question 50

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Direct action is the RBI's power to act against a particular bank; moral suasion only persuades.

Concept
Direct action
Typical time
70 s
Your time
—
The rule this testsMargin requirements and moral suasion
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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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Ten questions from The Central Bank & Monetary Policy, at your own pace.

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