Important Article on impact of AI on the environment.

Author discussed on search on chatGPT consumes 10 times more energy than Google Search.

Information and Communication Technology (ICT) industry is responsible for 2.8% of GHG emission.

Important for GS 3
Environment
ICT

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@upscwithkunal

Q1. (UPSC Prelims 2012)

Which one of the following is the main objective of the Reserve Bank of India?

(a) To regulate the issue of bank notes
(b) To keep the reserves of all commercial banks
(c) To secure monetary stability in India
(d) To regulate the banking system of India

Q2. (UPSC Prelims 2014)

Which of the following statements regarding RBI is/are correct?

1. RBI is the custodian of foreign exchange reserves of India.
2. RBI issues currency notes and coins.

Select the correct answer using the code below:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Q3. (UPSC Prelims 2013)

The Reserve Bank of India regulates the commercial banks in matters of

1. Liquidity of assets
2. Branch expansion
3. Merger of banks
4. Winding-up of banks

Select the correct answer using the code below:
(a) 1 and 4 only
(b) 2, 3 and 4 only
(c) 1, 2 and 3 only
(d) 1, 2, 3 and 4

Q3. (UPSC Prelims 2021)

With reference to the Monetary Policy Committee (MPC), consider the following statements:

1. MPC decides the benchmark interest rate.

2. RBI Governor has a casting vote in case of a tie.

Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Q4. (UPSC Prelims 2020)

Which of the following statements best describes the role of RBI in inflation targeting?

(a) It fixes the inflation rate annually
(b) It follows the inflation rate decided by Parliament
(c) It regulates money supply to achieve inflation target
(d) It directly controls prices of essential commodities

Q5. (UPSC Prelims 2018)

With reference to the Indian economy, what is the role of RBI in the issue of paper currency?

(a) Issues currency notes on behalf of the Government of India
(b) Issues currency notes as per its own statutory authority
(c) Issues currency notes without any backing
(d) Issues currency notes with approval of Parliament

Q6. (UPSC Prelims 2016)

Which one of the following is not a function of the Reserve Bank of India?

(a) Clearing house functions for banks
(b) Controller of credit
(c) Custodian of foreign exchange
(d) Determination of minimum support prices

Q7. (UPSC Prelims 2017)

Which of the following statements is/are correct regarding RBI?

1. RBI acts as banker to the Government of India.

2. RBI manages public debt of the Government of India.

Select the correct answer:
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2

Q8. (UPSC Prelims 2015)

Which of the following are included in the instruments of monetary policy?

1. Open Market Operations
2. Cash Reserve Ratio
3. Statutory Liquidity Ratio
4. Repo Rate
Select the correct answer:
(a) 1 and 2 only
(b) 1, 2 and 3 only
(c) 2, 3 and 4 only
(d) 1, 2, 3 and 4

Monetary policy is the RBI’s primary instrument to balance inflation control with growth imperatives.

Understanding tools like repo rate, CRR, SLR, OMO, and LAF is essential to analyse inflation trends, liquidity conditions, monetary transmission, and policy stance—frequently tested across UPSC Prelims and Mains with strong linkage to current affairs.

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