UPSC Civil Services Prelims 2012
Question 14 of 66Indian Economy
With reference to the Indian economy, consider the following statements: 1. The Reserve Bank of India regulates the money supply in the economy. 2. The Securities and Exchange Board of India regulates the stock market. 3. The Foreign Exchange Management Act provides the framework for external payments and foreign exchange transactions. Which of the statements given above are correct?
A1 and 2 only
B2 and 3 only
C1 and 3 only
D1, 2 and 3
Correct Answer
The correct answer is hidden
Explanation
32 words hidden ... the securities market, including stock exchanges. The Foreign Exchange Management Act provides the legal framework for ... 31 words hidden