Fill the gaps on the Reserve Bank

Exercise and reference answers

Missing parts

1. Answer

   five crores

   Choices

   1. five crores
   2. ten crores
   3. one crore

2. Answer

   bank notes

   Choices

   1. bank notes
   2. bank drafts
   3. bank bonds

3. Answer

   five years

   Choices

   1. five years
   2. one year
   3. ten years

4. Answer

   binding

   Choices

   1. binding
   2. advisory
   3. optional

Complete the statement

The Bank's capital is {0}. It has the sole right to issue {1}. The inflation target is set every {2}. The MPC decision is {3} on the Bank.

Instructions

Tap a phrase to drop it into the empty slot.

Explanation