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Questions and Answers
Which of the following is not a function of the Reserve Bank of India (RBI)?
Which of the following is not a function of the Reserve Bank of India (RBI)?
- Regulation and supervision of the financial system
- Currency management
- Credit control
- Agricultural price regulation (correct)
What is the main objective of 'Consumer Protection Act, 1986' in India?
What is the main objective of 'Consumer Protection Act, 1986' in India?
- Ensuring the safety of consumer goods
- Promoting fair competition in the market
- Regulating the pricing of essential commodities
- Providing speedy and inexpensive redressal to consumer disputes (correct)
Which of the following is not a feature of 'Planning' as a function of management?
Which of the following is not a feature of 'Planning' as a function of management?
- Decision-making
- Coordination of activities
- Enforcing disciplinary actions (correct)
- Setting objectives
Study Notes
Reserve Bank of India (RBI)
- RBI has various functions, but one function it does not have is not specified.
Consumer Protection Act, 1986
- The main objective of the Consumer Protection Act, 1986 is to protect the interests of consumers in India.
Planning as a Function of Management
- One feature that is not a part of 'Planning' as a function of management is not specified.
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Description
Test your knowledge of business studies with this Class 11 NCERT half yearly exam quiz. Explore questions related to the functions of the Reserve Bank of India, the main objective of the Consumer Protection Act, 1986, and the features of planning as a function of management. Get ready to challenge yourself and assess your understanding of these important business concepts.
