reserve bank of India -2

Which among the following is incorrect?

• RBI is the Bank of Issue

• RBI acts as Banker to the Government

• RBI is Banker's Bank

• RBI does not regulate the flow of credit

Which of the following is not the work of RBI?

• Bank of the banks

• Credit controller

• Custodian of foreign currency

• Allocating funds directly to the farmers for agricultural development

identify which of these is not a function of the central bank.

• Custodian of cash reserves

• Paying interest on deposit obtained from the public

• Issue of currency

• Custodian of foreign exchange ratio

RBI can issue currency notes up to which denomination ?

• ₹2000 

• ₹1000 

• ₹ 5000

• ₹10000

• None of these 

Which of the following coins is not issued by the RBI ?

• ₹ 1

• ₹ 2

• ₹ 5

• ₹10

• None of these

CRR (cash reserve ratio ) is defined as that portion of total deposits which a commercial bank is required to keep with________

• itself

• RBI

• public

• other banks

Reserve Bank of India is the lender of the last resort to scheduled commercial banks because?

• the parties can approach R B I when their limits are exhausted.

• they are not able to get loans from other banks.

• R B I meets directly or indirectly all their reasonable demands for financial accommodation subject to certain terms and conditions which constitute its discount rate policy.

• All of the above.

Which among the following constitutes Forex Exchange Reserves (FER) of India?

a) Foreign Currency Assets (FCA).

b) Gold

c) Special Drawing Rights

d) Reserve Tranche Position

Select the correct answer from following options:

• Only a and c

• Only c and d

• Only a, b and c

• All are correct

Name the institute which performs the functions of clearing house in the commercial banking system?

• government of India

• state government

• ministry pf finance

• reserve bank of India

Name the institute which act as a custodian of nations's foreign exchange reserves?

• RBI

• GOVERNMENT OF INDIA

• FINANCE MINISTER

• NONE