The Reserve Bank of India (RBI) is the central bank of India. It was founded in 1935 and is headquartered in Mumbai. The RBI is responsible for issuing currency, regulating banks, and managing the country's monetary policy.

Here you are given Multiple Choice Questions (MCQs) on the Reserve Bank of Indiathe topic of General Knowledge. First of all, you have to read all the GK questions related to Reserve Bank of India and click on one correct answer for each question. If your answer is correct, you will be displayed with a ✅ sign, but if your answer is wrong, a ❌ sign will be displayed, so that you can identify the correct answer you have given.

Q. Who played his last Test match against England on 24 August 2005?

 ◉ 08 December 2018

❌ Incorrect

 ◉ 10 December 2018

✅ Correct

 ◉ 06 December 2018

❌ Incorrect

 ◉ 09 December 2018

❌ Incorrect

Q. Against whom did Belinda Clarke play her first test match?

 ◉ Shaktikanta Das

✅ Correct

 ◉ Dharmendra Gupta

❌ Incorrect

 ◉ Rahul Chaudhary

❌ Incorrect

 ◉ Rajat Verma

❌ Incorrect

Q. Who has been appointed by the Reserve Bank of India as an additional director on the board of Yes Bank for two years?

 ◉ Urjit Patel

❌ Incorrect

 ◉ Raghuram Rajan

❌ Incorrect

 ◉ Shaktikanta Das

❌ Incorrect

 ◉ R Gandhi

✅ Correct

Q. Who take the charge as new Deputy Governor of Reserve Bank of India in January 2013?

 ◉ S. Venkitaramanan

❌ Incorrect

 ◉ Dr. Y. Venugopal Reddy

❌ Incorrect

 ◉ Dr. C. Rangarajan

❌ Incorrect

 ◉ Urjit Patel

✅ Correct

Q. When was the Reserve Bank of India established?

 ◉ 12479

❌ Incorrect

 ◉ 17395

❌ Incorrect

 ◉ 18289

❌ Incorrect

 ◉ 12875

✅ Correct

Q. There are some assets on the back of the currency note of the Reserve Bank of India, the assets should not be less than the prescribed quantity/amount?

 ◉ gold and foreign securities

✅ Correct

 ◉ Silver and domestic securities

❌ Incorrect

 ◉ Both suit

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What is meant by the free market operation of the Reserve Bank of India?

 ◉ Auction foreign currency

❌ Incorrect

 ◉ securities trading

✅ Correct

 ◉ Gold transaction

❌ Incorrect

 ◉ Shares buying and selling

❌ Incorrect

Q. According to which system the Reserve Bank of India issues notes?

 ◉ Proportional reservation system

❌ Incorrect

 ◉ Maximum affinity system

❌ Incorrect

 ◉ Fixed fidelity system

❌ Incorrect

 ◉ minimum reservation system

✅ Correct

Q. Reserve Bank of India does not deal with which state government of India?

 ◉ Himachal Pradesh

❌ Incorrect

 ◉ Tripura

❌ Incorrect

 ◉ Sikkim

✅ Correct

 ◉ Manipur

❌ Incorrect

Q. Which animal is featured on the emblem of the Reserve Bank of India?

 ◉ Tiger

✅ Correct

 ◉ Lion

❌ Incorrect

 ◉ Deer

❌ Incorrect

 ◉ Elephant

❌ Incorrect

Q. Which one of the Mahatma Gandhi series of currency notes issued by the Reserve Bank of India bears the inscription "Ecology"?

 ◉ Rs 10

❌ Incorrect

 ◉ Rs 100

✅ Correct

 ◉ 50 rupees

❌ Incorrect

 ◉ 500 rupees

❌ Incorrect

Q. What is the rate at which Reserve Bank of India lends to scheduled banks called?

 ◉ Bank rate

✅ Correct

 ◉ Rural bank interest rate

❌ Incorrect

 ◉ Commercial bank rate

❌ Incorrect

 ◉ Rate of interest

❌ Incorrect

Q. Which state's financial transactions do not go through the Reserve Bank of India?

 ◉ Kerala

❌ Incorrect

 ◉ Mizoram

❌ Incorrect

 ◉ Manipur

❌ Incorrect

 ◉ Sikkim

✅ Correct

Q. Under the minimum reserve system, the Reserve Bank of India, as the sole authority to issue notes, has to keep at least what amount of assets?

 ◉ 140 crore rupees

❌ Incorrect

 ◉ 135 crore rupees

❌ Incorrect

 ◉ 125 crore rupees

❌ Incorrect

 ◉ 115 crore rupees

✅ Correct

Q. What is the 'open market operation' of the Reserve Bank of India?

 ◉ Trade in currency

❌ Incorrect

 ◉ trading in securities

✅ Correct

 ◉ Global business

❌ Incorrect

 ◉ Trade in states

❌ Incorrect


Visit link below to learn more about the topic:

List of Reserve Bank of India (RBI) Governors from 1935 to 2024 🔗

  Last update :  Mon 5 Jun 2023
  Post Views :  3229
  Post Category :  Economics Quizzes