Worksheetsreserve bank of India -2
Total questions: 12
Worksheet time: 4mins
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
____________ advises the government on banking and financial matters.
commercial bank
cooperative bank
development bank
RBI
RBI acts as a banker,as an agent and as an financial advisor to the government.
true
false
