In each set, tap the item that does not belong.

Exercise and reference answers

Questions

1. Explanation

   Moral suasion is a qualitative tool; the other three are quantitative.

   Items

   1. CRR
   2. Bank rate
   3. Moral suasion
   4. Open market operations

   Odd item

   Moral suasion

2. Explanation

   Income tax collection is not an RBI function.

   Items

   1. Issuing currency
   2. Banker to government
   3. Custodian of forex
   4. Collecting income tax

   Odd item

   Collecting income tax

3. Explanation

   The first three are functions of money.

   Items

   1. Source of interest
   2. Medium of exchange
   3. Unit of account
   4. Store of value

   Odd item

   Source of interest

Instructions

Tap the odd one out in each round.

Explanation