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RESERVE BANK OF INDIA

Total questions: 12

Worksheet time: 4mins

Name
Class
Date
1.

RBI stands for__________

a)

regulatory bank of India

b)

Reserve bank of India

2.

The central bank of the country__________

a)

Can influence deposit creation only now

b)

Can influence deposit creation

c)

Cannot influence deposit creation

d)

None of these

3.

Who mints the coins in India?

a)

Ministry of Finance

b)

Reserve Bank of India

c)

Prime Minister's Office

d)

Commerce and Industry Ministry

4.

the objective of central bank is to _______

a)

ensure monetary stability in the country

b)

maintain the international value of the country's currency

c)

issue currency

d)

all of these

5.

The RBI issues all currency notes except_____

a)

₹ 500 notes

b)

₹100 notes

c)

₹10 notes

d)

₹ 1 note

6.

which bank controls the banking and monetary structure of India?

a)

RBI

b)

SBI

c)

World bank

d)

axis bank

7.

who signs the one rupee note in India?

a)

Commercial bank

b)

finance secretary

c)

Industrial bank

d)

Central bank

8.

In which year the Reserve Bank of the India was established?

a)

1953

b)

1935

c)

1947

d)

1945

9.

Which bank enjoys monopoly power of Note issue?

a)

NABARD

b)

Commercial Bank

c)

Central Bank

d)

None of these

10.

When was R.B.I. nationalized?

a)

1914

b)

1929

c)

1935

d)

1949

11.

Which statement is not true regarding RBI ?

a)

It was established in 1935.

b)

It can issue currency notes.

c)

Personal account can be opened in RBI.

d)

It is also known as the Banker's Bank.

e)

It is the Central Bank of India.

12.

who is the present governor of RBI?

a)

Urjit Patel

b)

Nirmala Sitharaman

c)

Shaktikanta Aas

d)

Raghuram Rajan