UPSC Civil Services Prelims 2021
Question 10 of 52Indian Economy

Consider the following statements: 1. The Governor of the Reserve Bank of India is appointed by the Central Government. 2. Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in public interest. 3. The Governor of the RBI draws his power from the RBI Act. Which of the above statements 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

28 words hidden ... to the RBI in public interest arises from statutory provisions, especially the RBI Act, rather than from the ... 29 words hidden

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