Q1. In which section of the RBI Act 1934, CRR is defined?
1) Section 40
2) Section 41
3) Section 42
4) Section 43
5) Section 44
Answer-3
Q2. In which year CRR was reduced from its peak value i.e. 15%?
1) 1991
2) 1992
3) 1993
4) 1994
5) 1995
Answer-2
Q3. In which section of the Banking Regulation Act 1949, SLR is defined?
1) Section 21
2) Section 22
3) Section 23
4) Section 24
5) Section 25
Answer-4
Q4. In which year MSF was introduced in India?
1) 2011
2) 2010
3) 2009
4) 2008
5) 2007
Answer-1
Q5. Benchmark Prime Lending Rate was introduced in which year?
1) 2000
2) 2001
3) 2002
4) 2003
5) 2004
Answer-4
Q6. What is the tenure of the governor of RBI?
1) 2 years
2) 3 years
3) 4 years
4) 5 years
5) 7 years
Answer-4
Q7. What is the tenure of the board members of RBI?
1) 2 years
2) 3 years
3) 4 years
4) 5 years
5) 7 years
Answer-3
Q8. Which of the following is/are the subsidiary of RBI?
1) BRBNMPL
2) NHB
3) DICGC
4) All the above
5) None of these
Answer-4
Q9. What does G stands for in the term DICGC?
1) Guarantee
2) Guaranteed
3) Gross
4) Gain
5) Global
Answer-1
Q10. What is the present value of the daily maintenance of the CRR by Banks?
1) upto 80%
2) upto 85%
3) upto 90%
4) upto 95%
5) upto 100%
Answer-3
