1.Which of the following policy rates are reviewed by the RBI at the time of Bi- Monthly review of the Monetary policy?
1.Bank rate
2.Repo rate
3.Savings bank rate
1)Only 1
2)Only 2
3)Both 1 and 2
4)All the three
5)None of these
Ans: 2
2.At which of the following cities are the local boards of Reserve Bank of India not located?
1)Mumbai
2)New Delhi
3)Kolkata
4)Dehradun
5)chennai
Ans: 4
3. The reserves held by Commercial Banks over and above the statutory minimum requirement of reserve to be kept by the commercial banks, with the RBI are called-
1)Cash reserves
2)Deposit reserves
3)Excess reserves
4)Momentary reserves
5)Daily reserves
Ans:3
4. Indian Banking Industry in India is regulated by which of the following ?
1)Reserve Bank of India
2)Union Finance Commission
3)Union Ministry of Finance
4)Union Ministry of Commerce
5)Union Ministry of Economic Development
Ans:1
5.In which year was the Reserve Bank of India established on 1 April under the recommondation of Hilton young Commission ?
1)1935
2)1947
3)1949
4)1952
5)1956
Ans:1
6. In which of the following denomination of currencies were India's first bimetallic coins issued in the year 2009?
1)Rs. 100
2)Rs. 5
3)Rs. 10
4)Rs. 1
5)Rs. 50
Ans:3
7. Which of the following activities is not the function of the Reserve Bank of India ?
1.Acting as banker to the Government
2.Keeping of Foreign Exchange Reserve
3.Issuing of one rupee notes and coins
4.Regulating credit in the country
5.None of These
Ans:3
8. Who was the first governer of RBI?
1) Osborne Smith
2)Jamses Taylor
3)C.D Deshmukh
4)Bimal Jalan
5)Y.V Reddy
Ans:1
9.Which of the following is not the deputy governer of the RBI at Present?
1) Anand Sinhha
2) H.R khan
3) R.Gandhi
4) S.S Mundra
5) Urjit Patel
Ans: 1.
10.Which committee is responsible for the monetary policy reforms made by RBI Governer Raghuram Govind Rajan after taking the charge of governer on 5 sept 2013 ?
1) Anand Sinhha committee
2) H.R khan committee
3) R.Gandhi committee
4) S.S Mundra committee
5) Urjit Patel committee
Ans:5
