Economics · Economy
Which of the following statements is correct regarding the Indian Financial System?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1A decrease in the Statutory Liquidity Ratio (SLR) contracts credit creation in the banking system.
- 2Primary dealers in the Indian market mainly deal in corporate equity shares and mutual fund units.
- 3Monetary control is exercised by the RBI through instruments like Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).✓
- 4The Reserve Bank of India (RBI) has direct regulatory supervision over mutual funds and stock exchanges.
Correct answer
Monetary control is exercised by the RBI through instruments like Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR).
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Economy MCQs →Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy