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SSC CHSL 2023 PYQ — Question 42

SSC CHSL 2023 - 02 Aug 2023 - Shift 4 • General Awareness • Q42

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Identify the FALSE statement.

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Correct answer: B

Explanation

The correct answer is Option 2 i.e. SEBI conducts open market operations to regulate money supply in the economy.

The false statement is:

"SEBI conducts open market operations to regulate money supply in the economy."

Explanation:

  • The Reserve Bank of India (RBI) is responsible for conducting open market operations to regulate the money supply, not the Securities and Exchange Board of India (SEBI).
  • The RBI decides the bank rate.
  • The RBI prints currency notes, but the exact number (e.g., 7100) is not specified here.
  • The Ministry of Finance is responsible for issuing coins, including those numbered 21.