THE BANKING UPDATES QUIZ 5/2023-24

NAME

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BANK NAME

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1. 10 rupees coins were first issued in India in which year?

• 2001
• 2005
• 2009
• 2012

2. Year of printing in Rs.200 note is written on which part of the note?

• Right of front
• Right of reverse
• Left on reverse
• Centre on reverse

3. The members of Monetary Policy Committee in India need to observe a "silent period" of_________ for "utmost confidentiality" of key policy rates.

• Seven days before and after the rate decision
• Seven days before the rate decision
• Three days before the rate decision
• Three days before and after the rate decision

4. RBI shall organise at least _________ meetings of the Monetary Policy Committee in a year.

• Six
• Three
• Four
• Two

5. Which of the following institute is not a part of World Bank Group?

• IBRD
• International Development Association
• Multilateral Investment Guarantee Agency (MIGA)
• International Monetaer Fund

6.India’s foreign exchange rate system is _______

• Fixed target of band
• Free float
• Fixed system
• Managed float

7.The responsibility for administration of of FEMA is vested with ________

• Central Govt
• All State Govts
• RBI
• SEBI

8.Which of the following is known as the paper gold?

• Bitcoin
• USD
• Demand Draft
• special drawing right