Reserve Bank of India MCQ Quiz for Competitive Exams

by | Mar 10, 2023 | General | 0 comments

 

MCQ Quiz on RBI – Objective Question Answer for Reserve Bank of India

 
RBI MCQ Quiz – Get MCQ Quiz on RBI. The Reserve Bank of India is India’s central bank and regulatory body responsible for regulation of the Indian banking system. It was founded on 1 April 1935. RBI MCQ Questions are important for various competitive exams. Here we have covered the MCQ Question based on the Reserve Bank of India. Practice MCQ Quiz on RBI
 

1. Repo rate is the rate at which RBI lends to scheduled commercial banks for:
a.
b.
c.

2.  Who was the first governor of Reserve Bank of India from Indian origin?
a.
b.
c.
d.

3. How many local Boards are there in the Organizations structures of RBI?
a.
b.
c.
d.

4. The Bill of discounting for the first time was introduced by RBI in the year
a.
b.
c.
d.

5. Who gave the Rupee symbol?
a.
b.
c.
d.

6. In order to inject money into the economy, what does RBI do?
a.
b.
c.
d.

7. The RBI issued currency for the first time in January 1938  when it issued currency of ________with the photo of George VI on it.
a.
b.
c.
d.

8. Which of the following is not the function of the Reverse Bank of India?
a.
b.
c.
d.

9. Who was first governor of Reserve Bank of India?
a.
b.
c.
d.

10. The largest revenue in India is obtained from
a.
b.
c.
d.

11. Regional Rural Banks were established in the year -
a.
b.
c.
d.

12. In which year the RBI adopted the minimum reserves system of note issue?
a.
b.
c.
d.

13. Who mints the coins in India?
a.
b.
c.
d.

14. The four printing press of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) that print currency are located in- 1. Mysore, 2.Salboni (West Bengal), 3.Dewas (MP), 4.Nasik
a.
b.
c.
d.

15. Bank rate is decided by which of the following?
a.
b.
c.
d.

16. How many members are there in the Central Board of the director of the RBI?
a.
b.
c.
d.

17. Head office of RBI is located in:
a.
b.
c.
d.

18. Which principle is followed to constitute various departments in RBI?
a.
b.
c.
d.

19. When was the second phase of nationalisation done
a.
b.
c.
d.

20. In which year, Nationalization of Reserve Bank of India was done?
a.
b.
c.
d.

21. Coins are minted by the __________ according to the Coinage Act,1906 and Coinage Act,2011
a.
b.
c.
d.

22. What are the principles of issuing notes?
a.
b.
c.
d.

23. When was Indian Banking Act come into force?
a.
b.
c.
d.

24. On which commission’s recommendations; Reserve Bank of India was established?
a.
b.
c.
d.

25. Which of the following words is not used in Monetary Policy?
a.
b.
c.
d.


 

 

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