Banking Awareness 1
1. Who was the first Indian to become the governor of Reserve Bank of India :(1) C. Rangrajan
(2) Sir Chintaman D Deshmukh
(3) A. Ghose
(4) Sir Bengal Rama Rau
(5) None of these
2. The Reserve Bank of India is headed by :
(1) Finance minister of India
(2) Finance secretary of Indian Government
(3) CEO of RBI
(4) Governor of RBI
(5) Prime Minister of India
3. The present authorised and paid up capital of Reserve Bank of India is :
(1) Rs 5.00 Crore
(2) Rs 50.00 Crore
(3) Rs 100.00 Crore
(4) Rs 500.00 Crore
(5) Rs 5.00 Lakh
4. The Reserve Bank of India is governed by its central board of directors. How many directors are there in this board?
(1) 16 (2) 20
(3) 18 (4) 21
(5) none of these
5. The Banking Regulation Act, 1949 was enacted with the objectives of :
(1) Consolidating and amending the laws relating to banking companies
(2) Checking bank failures
(3) ensuring adequate branch expansion in rural areas
(4) All of the above
(5) None of these
6. Which one of the following is not a function of Reserve Bank of India.
(1) Custodian of foreign exchange
(2) Controlling monetary policy
(3) Controlling government expenditure
(4) Acting as a banker’s bank
(5) None of these
7. Which one of the following measure is being used by RBI for “selective credit control” :
(1) Issuing advice to banks for lending against certain commodity
(2) To advise banks to close loans against certain commodity
(3) To charge highest rates of interest on certain commodity advances
(4) To avoid advances against risky commodities
(5) None of these
8. The main purpose of selective credit control measure of Reserve Bank of India is to control the Bank credit in the field of essential commodities to check :
(1) The speculation
(2) the increasing cost of essential commodities
(3) Hoarding for speculation
(4) All the above
(5) None of these
9. Reserve Bank of India is working as banker to central government and manages :
(1) Receipts and payments
(2) Maintenance of principal accounts
(3) Issue and management of Public debts
(4) All government transactions
(5) All the above
10. Which bank is called as “lender to last resort” for banks :
(1) Commercial Banks
(2) Reserve Bank of India
(3) State Bank of India
(4) Indian financial system
(5) none of these
Answer:
1. (2)
2. (4)
3. (1)
4. (2)
5. (1)
6. (3)
7. (1)
8. (3)
9. (5)
10. (2)
...................................................................................
We offer most imp current
affairs objective and descriptive both on daily and monthly basis in Hindi, English
and Gujarati useful in all type of competitive Exams like UPSC, GPSC, UPPSC,
MPSC, RPSC, BPSC, NDA, SBI PO & Clerk, IBPS PO and Clerk, RRB, SSC, PSI,
RAILWAY, POST, LIC, CAT, TAT, TET, HTAT, MBA etc.
|
