Functions Of RBI

scheduled bank is one that is listed in the ______of RBI Act, 1934

• 1st schedule

• 3rd schedule

• 2nd schedule

• 4th schedule

What is the share of Central Government in share capital of RRBs

• 15%

• 35%

• 50%

• 55%

Urban Cooperative Banks are also called as

• Short-term co-operatives

• Secondary Cooperative Banks

• Primary Cooperative Banks

• Long-term co-operatives

Which of the following is not a function of the RBI?

• custodian of foreign exchange

• bankers' bank

• banker to the public

• bank issue

The RBI has helped to finance India's foreign trade through

• NABARD

• EXIM

• IDBI

• SBI

The RBI"s methods of credit control may be broadly divided into two parts

• open and close

• monetary and fiscal

• rural and urban

• quantitative and qualitative

The RBI use the following instruments for quantitative control of credit

1. cash Reserve ratio

2. statutory liquidity ratio

3. open market Oparation

4. margin requirements

• 1 & 2

• 1,2,& 3

• only 4

• 3 & 4

Bank rate is the rate at which the RBI extends credit to the

• Foreign countries

• Public

• Agriculture

• Commercial Bank

The open market operations refer to the sale and purchase by the RBI of

• foreign exchange

• gold

• government securities

• iron and steel

Increase in cash reserve ratio (CRR) by the RBI will result in:

• Initially increase the supply but later on decrease automatically.

• No impact on the supply of money in the economy

• Decrease the supply of money in the economy

• Increase the supply of money in the economy