Top 50+ Solved Reserve Bank of India MCQ Questions Answer

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.

a. CRR

b. Bank Rate Policy

c. SLR

d. All of these

a. 2010

b. 2011

c. 2012

d. 2013

a. Re. 1

b. Rs. 2

c. Rs. 5

d. Rs. 10

a. Section 22

b. Section 24

c. Section 26

d. Section 28

a. GDP Growth

b. Inflation

c. Replacement of soiled banknotes

d. All of these

a. 29 June

b. 26 May

c. 5 April

d. 1 April

a. 1934

b. 1935

c. 1947

d. 1949

a. State Bank of India

b. Ministry of Finance

c. Government of India

d. International Monetary Fund

a. Ministry of Finance

b. Reserve Bank of India

c. Prime Minister's Office

d. Commerce and Industry Ministry

a. It has to meet the credit need of citizens to whom no one else is willing to lend

b. Banks lend to go to RBI as a last resort

c. It comes to help banks in times of crisis

d. All of the above

a. Government of India borrows from World Bank

b. Government of India borrows from IMF

c. Government of India borrows from SBI

d. Government of India borrows from RBI

a. Holds cash reserve banks

b. Controls banking system through licensing

c. Supervises Banking system through inspection

d. None of the above

a. Cash Reserve Ratio

b. Repo Rate

c. Bank Rate

d. Blue chip

a. RBI was nationalized on January 1, 1935.

b. RBI’s head quarter is in Delhi

c. RBI is the custodian of the foreign currency in India

d. all of the mentioned