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RBI Challenge

Authored by Merllin Mary

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Professional Development

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RBI Challenge
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11 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The legal provisions governing the management of foreign exchange reserves are laid down in the Reserve Bank of India Act, ______.

1947

1934

1923

1971

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

On which commission’s recommendations was the Reserve Bank of India established?

Chamberlain Commission

Hilton Young Commission

Keynes Commission

None of the above

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who mints the coins in India?

Ministry of Finance

Reserve Bank of India

Prime Minister’s Office

Commerce and Industry Ministry

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Who was the first governor of Reserve Bank of India from Indian origin?

Osborne Smith

C. Rajagopalachari

L. K. Jha

C.D. Deshmukh

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is CRR?

Cash Reserve Ratio

Current Ratio Rate

Review Report

Credit Rating Record

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

In terms of Section 24 of the Reserve Bank of India Act, 1934, the Reserve Bank may issue bank notes for a maximum denomination of?

Rs.500

Rs.5000

Rs.10000

Rs.1000

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

When was the Reserve Bank of India established?

15th August, 1947

26th January, 1950

1st April, 1935

1st January, 1949

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