pulse Click on Answer tab for Answers.

Reserve Bank of India – 1 – 1

1. The Reserve Bank of India was established on …………..

(a) April 1, 1935
(b) May 26, 1945
(c) June 13, 1963
(d) July 12, 1982

ANSWER

EXPLANATION

2. Who works as RBI`s agent at places where it has no office of its own ?

(a) State Bank of India
(b) Ministry of Finance
(c) Government of India
(d) International Monetary Fund

ANSWER

EXPLANATION

3. India is a member of the International Monetary Fund since ……….

(a) 1934
(b) 1935
(c) 1947
(d) 1949

ANSWER

EXPLANATION

4. Which of the following is true about the functions performed by RBI :

  (i) It is the Bank of Issue
  (ii) It acts as banker to the Government
 (iii) It is the banker of other banks
 (iv) It regulates the flow of credit

(a) Both (i) and (ii)
(b) Both (iii) and (iv)
(c) All the Above
(d) None of the above

ANSWER

EXPLANATION

5. According to which guidelines did the Government pick up the entire SBI shares held by the RBI ?

(a) National Stock Exchange of India
(b) Securities Commission
(c) Financial Regulations
(d) Securities and Exchange Board of India (SEBI)

ANSWER

EXPLANATION

1 2 3

 Be a Part of The New & Next

MCQs fb  MCQs G+

Share the Knowledge

Shares
Copy Protected by Chetan's WP-Copyprotect.