Financial sector is controlled through various rules and regulati… - Vidyadip

Question

Financial sector is controlled through various rules and regulations of RBI. (True/ False)

✓

Answer

True.Explanation:
Financial sector is controlled through various rules and regulations of RBI. The major aim of this reform is to reduce the role of RBI from regulator to facilitator. Financial sector is allowed to take decisions on many matters without consulting RBI.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "True/False" from Liberalisation, Privatisation And Globalisation→Liberalisation, Privatisation And Globalisation — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

When a worker uses his own resources to work and make a living then we call it as full employment. (True/ False)

In Pakistan majority of its people still depend on agriculture. (True/ False)

Self-reliance refers to the utilisation of country's resources in order to promote economic growth and modernisation without using the resources imported from other countries. (True/ False)

Only 17.2 percent of the working population were engaged in the service sector at the time of independence. (True/ False)

Wages workers are those who work in their own business or profession and get profit as their reward. (True/ False)

Lower calorie intake has been fixed for rural areas because the rural worker has to do greater physical work as compared to urban worker. (True/ False)

Capitalist economy takes major economic decisions, i.e., what to produce, how to produce and for whom to produce. (True/ False)

India has not been able to achieve 100% literacy even till today. (True/ False)

_______ and _______ are the two kinds of urban unemployment.

The fertility rate is low in China. (True/ False)