CAIIB · CB · Chapter 12

Climate Change, Green Finance and Central Banking

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Central Banking (Elective) — CAIIB.

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One-liners from this chapter

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Q

Money Market — Regulator / Governing Statute / Anchor?

A

Regulator: Reserve Bank of India (RBI); Governing Statute / Anchor: RBI Act, 1934

Q

Which committee (1985) first made comprehensive recommendations for developing the Indian money market?

A

Chakravarty Committee (formally: Committee to Review the Working of the Monetary System, chaired by Dr. Sukhamoy Chakravarty)

Q

Government Securities Market — Regulator / Governing Statute / Anchor?

A

Regulator: Reserve Bank of India (RBI); Governing Statute / Anchor: RBI Act, 1934 (Sec. 17(8)); Securities Contract (Regulation) Act, 1956 (Sec. 16)

Q

Which 1987 working group proposed widening and deepening of the money market through new instruments and freer interest rates?

A

Vaghul Committee (Working Group on the Money Market, chaired by Shri N. Vaghul)

Q

Foreign Exchange Market — Regulator / Governing Statute / Anchor?

A

Regulator: Reserve Bank of India (RBI); Governing Statute / Anchor: FEMA, 1999

Q

Which committee (1992) became the starting point of gradual financial deregulation after 1991?

A

Narasimham Committee on the Financial System (1992), chaired by Shri M. Narasimham

Q

Capital Market — Regulator / Governing Statute / Anchor?

A

Regulator: Securities and Exchange Board of India (SEBI); Governing Statute / Anchor: SEBI Act, 1992

Q

In what year were Certificates of Deposit (CDs) and Commercial Paper (CP) both introduced in India?

A

1989

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