Multiple choice

Match the correct terms.

   
List- I
List - II
(a)
Bank rate
(i) The rate of interest charged by a bank from another bank

on money supply | | (b) | Burgeoise | (ii) Where goods are sold by evading taxes. | | (c) | Open market operations | (iii) When professionals and business class plays a key role In developing the economy of the country. | | (d) | Grey market | (iv) RBI monetary policy to control money supply in the market. |

  1. (a) - (i), (b) - (iii), (c) - (iv), (d) - (ii)

  2. (a) - (i), (b) - (ii), (c) - (iii), (d) - (iv)

  3. (a) - (ii), (b) - (iv), (c) - (iii), (d) - (i)

  4. (a) - (i), (b) - (iii), (c) - (ii), (d) - (iv)
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Bank rate is the interest rate charged by banks when lending to other banks (money supply), bourgeois refers to the professional/business class driving economic development, open market operations is the RBI's monetary policy tool to control money supply, and grey market involves tax evasion in goods sales. Option A correctly pairs all terms.

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