Top 350+ Solved Banking and Finance MCQ Questions Answer

From 106 to 120 of 359

Q. which of the following is called bankers cheque ?

a. demand draft

b. debit card

c. pay order

d. fixed deposit

  • a. demand draft

Q. RBI was nationalized in the year_______

a. 1949

b. 1935

c. 1934

d. none

  • a. 1949

Q. The RBI is establish in the year _____

a. 1934

b. 1935

c. 1949

d. none

  • a. 1934

Q. Growth with ______is one of the important objectives of monetary policy of the RBI.

a. Price feasibility

b. Price Stability

c. Price liability

d. none

  • b. Price Stability

Q. Forecasting or fixing rate of inflation is called______

a. deflation targeting

b. Inflation targeting

c. both

d. none

  • b. Inflation targeting

Q. _____is considered as an alternative to CB

a. currency Board,

b. National Board

c. Both

d. none

  • a. currency Board,

Q. Central bank is that bank which controls ______

a. credit

b. assets

c. gold

d. none

  • a. credit

Q. The inflation target at present for India is_____

a. 5%

b. 3%

c. 4%

d. none

  • c. 4%

Q. Monetary policy in India is formulated by ______

a. fiscal policy committee

b. fiscal policy committee.

c. general committee

d. none

  • b. fiscal policy committee.

Q. RBI’s monetary policy has to sub serve the ____, economic & social objectives

a. national,

b. local,

c. state

d. none

  • a. national,

Q. Transparency improves _________ of CB

a. accountability

b. credibility

c. both

d. none

  • b. credibility

Q. _____is the apex bank of the banking sector of an economy.

a. BOI

b. SBI

c. RBI

d. none

  • c. RBI

Q. Transparency improves accountability of CB.

a. True

b. False

c. all

d. none

  • b. False

Q. Globalization has increased the role of central bank.

a. True

b. False

c. all

d. none

  • a. True

Q. The RBI was established as a private shareholders bank

a. True

b. False

c. all

d. none

  • a. True
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