Top 350+ Solved Banking and Finance MCQ Questions Answer

From 286 to 300 of 359

Q. RBI provides the Ways and Means Advances to whom?

a. Central Government

b. State Government

c. Commercial Banks

d. All of these

  • b. State Government

Q. Who was the first Indian Governor of RBI?

a. Kuldeep Pathak

b. Dr. Rajyavardhan Sharma

c. Sir Mukund Khanna

d. Sir C.D. Deshmukh

  • d. Sir C.D. Deshmukh

Q. Which is not a function of RBI?

a. Holding cash reserves of all commercial banks and make available financial accommodation to them

b. Assuming responsibility of all banking operations of the government

c. Assuming the responsibility of the statistical analysis of data related to macro economy of India

d. Assuming the responsibility to meet directly or indirectly all reasonable demands for the accommodation

  • c. Assuming the responsibility of the statistical analysis of data related to macro economy of India

Q. Which of the following statements is/are not true about RBI?

a. RBI is the Bank of Issue.

b. RBI acts as the Banker of the Government.

c. RBI is known as the Banker's Bank.

d. RBI does not regulate the credit flow.

  • d. RBI does not regulate the credit flow.

Q. The Government picked up the entire Share of SBI held by the RBI according to which of the followingguidelines?

a. Securities Commission

b. SEBI

c. National Stock Exchange of India

d. Financial Regulations

  • b. SEBI

Q. Which of the following Governors of RBI also served as the Finance Minister of India?

a. Pranav Mukherjee

b. Amitabha Ghosh

c. Sir Benegal Rama Rau

d. Dr. Manmohan Singh

  • d. Dr. Manmohan Singh

Q. In which of the following cities, the regional headquarters of RBI is not situated?

a. New Delhi

b. Mumbai

c. Bengaluru

d. Kolkata

  • c. Bengaluru

Q. Which among the following would not help RBI to control the inflation in the country?

a. Increase in Reserve Ratio Requirements

b. Increase in Bank Rate

c. Purchase of securities in open market

d. Increase in Repo Rate

  • c. Purchase of securities in open market

Q. In which year the nationalization of RBI was occurred?

a. 1947

b. 1949

c. 1951

d. 1953

  • b. 1949

Q. The logo of RBI consists of which animal?

a. Elephant

b. Panther

c. Black Buck

d. Lion

  • b. Panther

Q. Who was the first Governor of RBI?

a. David Warner

b. Sir Phillip Smith

c. James Watson

d. Sir Osborne Smith

  • d. Sir Osborne Smith

Q. Which statement is not true regarding RBI?

a. It is the Central Bank of Indi

b. It was established in 1935.

c. It can issue currency notes.

d. Personal account can be opened in RBI.

  • d. Personal account can be opened in RBI.

Q. Which of the following is/ are the Quantitative Instrument of RBI?

a. CRR

b. Bank Rate Policy

c. SLR

d. All of these

  • d. All of these
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