wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

RBI

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

When was Reserve Bank of India (RBI) formed?

a)

1930

b)

1935

c)

1947

d)

1949

2.

Who was the First Reserve Bank of India (RBI) Governor ?

a)

Sir James Taylor

b)

Sir C D Deshmukh

c)

Sir Osborne Smith

d)

P C Bhattacharya

3.

Which Commission recommended the formation of Reserve Bank of India (RBI) ?

a)

Hilton Young Commission

b)

Kelkar Commission

c)

B. shivaraman commission

d)

Jain commission

4.

Who is the present Governor of RBI ?

a)

Dr. Raghuram Rajan

b)

Dr. C Rangarajan

c)

Dr. Manmohan Singh

d)

Sri. Shakthikanta Das

5.

Who introduced the Banking Ombudsman Scheme ?

a)

SBI

b)

RBI

c)

PNB

d)

INB

6.

Which of the following is not the work of RBI?

a)

Bank of the banks

b)

Credit controller

c)

Custodian of foreign currency

d)

Allocating funds directly to the farmers for agricultural development

7.

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

8.

Which of the following words is not used in Monetary Policy?

a)

Cash reserve ratio

b)

Repo Rate

c)

Bank rate

d)

Moral policing

9.

The section 19 of the Reserve Bank of India Act, 1934 states that the Reserve Bank of India has been prohibited from?

a)

Allowing interest on deposits or current accounts.

b)

Drawing or accepting bills payable

c)

Making loans or advances to public

d)

All of the above

10.

Rupee coins are the legal tender in India under the provisions of?

a)

The Reserve Bank of India Act, 1934

b)

Indian Coinage Act, 1906

c)

Banking Regulation Act, 1949

d)

Negotiable instruments Act, 1881

11.

Industrial Development Bank of India is

a)

Wholly-owned Government of India undertaking

b)

Wholly-owned subsidiary of Reserve Bank of India

c)

A corporation and owned by Government of lndia and public sector banks.

d)

None of the above

12.

The IDBI was established in

a)

1964

b)

1965

c)

1966

d)

1967

13.

The financial institute IFCI established in

a)

1947

b)

1948

c)

1949

d)

1950

14.

Which of these DFI was primarily set up for the development of the Micro, Small and Medium Enterprise (MSME) sector?

a)

NABARD

b)

IDBI

c)

SIDBI

d)

IFCI

15.

Which bank is a specialized financial institution for financing, facilitating and promoting foreign trade of India?

a)

ICICI

b)

EXIM

c)

NABARD

d)

IFCI