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WorksheetsCentral bank
Total questions: 15
Worksheet time: 8mins
RBI stands for__________
regulatory bank of India
Reserve bank of India
Who mints the coins in India?
Ministry of Finance
Reserve Bank of India
Prime Minister's Office
Commerce and Industry Ministry
the objective of central bank is to _______
ensure monetary stability in the country
maintain the international value of the country's currency
issue currency
all of these
The RBI issues all currency notes except_____
₹ 500 notes
₹100 notes
₹10 notes
₹ 1 note
who signs the one rupee note in India?
Commercial bank
finance secretary
Industrial bank
Central bank
In which year the Reserve Bank of the India was established?
1953
1935
1947
1945
Which statement is not true regarding RBI ?
It was established in 1935.
It can issue currency notes.
Personal account can be opened in RBI.
It is also known as the Banker's Bank.
It is the Central Bank of India.
who is the present governor of RBI?
Urjit Patel
Nirmala Sitharaman
Shaktikanta Aas
Raghuram Rajan
Interest is...
A reward for saving and a reward for borrowing
A cost of saving and a reward for borrowing
A cost of borrowing and a cost of saving
A reward for saving and a cost of borrowing
A central bank usually performs which combination of the following functions...(select 2)
It issue notes and coins for the nations currency and is where the king or queen holds their money
It manages the nation's gold reserves and manages payments to and from the government
It prints money for the banks to store until people withdraw it and issues the notes and coins
It issue notes and coins for the nations currency and is the lender of last resort to the banking system
Governments can raise money to finance public spending through the sale of...
James
Bonds
Shares
Stocks
Deposits which are payable after the expiry of a fixed period are called -
time deposits.
demand deposits.
NONE
The rate at which central bank lends to commercial banks is called?
SLR
CRR
bank rate
What possess general acceptability?
Bank draft
Money
Bill of exchange
The Central Bank can print money whenever they want.
TRUE
FALSE
