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

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

3. 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.

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

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

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

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

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

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

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

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

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

13. When was Lead Bank Scheme introduced?
a.
b.
c.
d.

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

15. What was the initial share capital of Reserve Bank of India?
a.
b.
c.
d.

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

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

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

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

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

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

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

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

24. The RBI prints all the currency notes except the ______ currency note
a.
b.
c.
d.

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


 

 

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