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

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

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

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

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

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

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

8. 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.

9. When was R.B.I. nationalised?
a.
b.
c.
d.

10. When was the Imperial Bank Changed as State Bank of India?
a.
b.
c.
d.

11. Who will act as the banker to the Government of India?
a.
b.
c.
d.

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

13. The share of State  Govt in the capital of Regional Rural Bank is
a.
b.
c.
d.

14. Who appointed the Governor and the deputy governor of RBI
a.
b.
c.
d.

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

16. Which section of RBI Act states that the RBI has the exclusive rights to issue currency notes in India?
a.
b.
c.
d.

17.  In which year the RBI act was passed?
a.
b.
c.
d.

18. What is the period for the bank rate of RBI to issue loan for banks?
a.
b.
c.
d.

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

20. Who signs on the Rs. 1 note?
a.
b.
c.
d.

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

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

23. On which date, RBI started working?
a.
b.
c.
d.

24. What is CRR?
a.
b.
c.
d.

25. Credit authorization scheme was introduced by RBI in:
a.
b.
c.
d.


 

 

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