Banking Awareness Quiz ( Reserve Bank of India )

Banking Awareness Quiz (Reserve Bank of India)

1)

RBI reviews the Monetory policy for every _____ .

A) 3 months
B) 5 months
C) 9 months
D) 10 months

2)

The Reserve Bank of India was nationalized on :

A) 1 January, 1949
B) 1 July, 1955
C) 19 July, 1969
D) 16 April, 1952

3)

Which of the following acts govern the RBI functions ?

A) RBI Act, 1934
B) Banking Regulation Act, 1949
C) Companies Act, 1956
D) Foreign Exchange Regulation Act, 1973

4)

The headquarters of RBI is in _____ .

A) New Delhi
B) Mumbai
C) Kolkata
D) Chennai

5)

Which of the following rates is not decided by the RBI ?

A) Bank rate
B) Repo rate
C) Reverse Repo rate
D) Prime Lending rate

6)

The number of regional offices of the RBI is ......... .

A) 20
B) 22
C) 25
D) 21

7)

RBI was established in ........... .

A) April 1, 1935
B) March 1, 1935
C) April 1, 1934
D) March 1, 1934

8)

Which of the following is the central bank of India ?

A) SBI
B) RRB
C) NABARD
D) RBI

9)

The RBI is not expected to perform the function of .......... .

A) the banker to the government
B) accepting deposit from Commercial Banks
C) accepting deposits from general public
D) issuer of currency

10)

The first Governer of the Reserve Bank of India from 1 April 1935 to June 30, 1937 was ........... .

A) Sir Osborne Smith
B) Sir James Taylor
C) C.D. Deshmukh
D) Sir Bengal Rama Rao