The Reserve Bank of India (RBI) is the central bank of India. It was founded in 1935 and is headquartered in Mumbai. The RBI is responsible for issuing currency, regulating banks, and managing the country's monetary policy.

Here you are given Multiple Choice Questions (MCQs) on the Reserve Bank of Indiathe topic of General Knowledge. First of all, you have to read all the GK questions related to Reserve Bank of India and click on one correct answer for each question. If your answer is correct, you will be displayed with a ✅ sign, but if your answer is wrong, a ❌ sign will be displayed, so that you can identify the correct answer you have given.

Q. Who played his last Test match against England on 24 August 2005?

 ◉ 10 December 2018

✅ Correct

 ◉ 06 December 2018

❌ Incorrect

 ◉ 08 December 2018

❌ Incorrect

 ◉ 09 December 2018

❌ Incorrect

Q. Against whom did Belinda Clarke play her first test match?

 ◉ Rajat Verma

❌ Incorrect

 ◉ Dharmendra Gupta

❌ Incorrect

 ◉ Rahul Chaudhary

❌ Incorrect

 ◉ Shaktikanta Das

✅ Correct

Q. Who has been appointed by the Reserve Bank of India as an additional director on the board of Yes Bank for two years?

 ◉ Raghuram Rajan

❌ Incorrect

 ◉ Urjit Patel

❌ Incorrect

 ◉ R Gandhi

✅ Correct

 ◉ Shaktikanta Das

❌ Incorrect

Q. Who take the charge as new Deputy Governor of Reserve Bank of India in January 2013?

 ◉ S. Venkitaramanan

❌ Incorrect

 ◉ Urjit Patel

✅ Correct

 ◉ Dr. C. Rangarajan

❌ Incorrect

 ◉ Dr. Y. Venugopal Reddy

❌ Incorrect

Q. When was the Reserve Bank of India established?

 ◉ 18289

❌ Incorrect

 ◉ 17395

❌ Incorrect

 ◉ 12875

✅ Correct

 ◉ 12479

❌ Incorrect

Q. There are some assets on the back of the currency note of the Reserve Bank of India, the assets should not be less than the prescribed quantity/amount?

 ◉ gold and foreign securities

✅ Correct

 ◉ Silver and domestic securities

❌ Incorrect

 ◉ Both suit

❌ Incorrect

 ◉ None of them

❌ Incorrect

Q. What is meant by the free market operation of the Reserve Bank of India?

 ◉ securities trading

✅ Correct

 ◉ Shares buying and selling

❌ Incorrect

 ◉ Auction foreign currency

❌ Incorrect

 ◉ Gold transaction

❌ Incorrect

Q. According to which system the Reserve Bank of India issues notes?

 ◉ Maximum affinity system

❌ Incorrect

 ◉ Fixed fidelity system

❌ Incorrect

 ◉ Proportional reservation system

❌ Incorrect

 ◉ minimum reservation system

✅ Correct

Q. Reserve Bank of India does not deal with which state government of India?

 ◉ Sikkim

✅ Correct

 ◉ Manipur

❌ Incorrect

 ◉ Himachal Pradesh

❌ Incorrect

 ◉ Tripura

❌ Incorrect

Q. Which animal is featured on the emblem of the Reserve Bank of India?

 ◉ Elephant

❌ Incorrect

 ◉ Deer

❌ Incorrect

 ◉ Lion

❌ Incorrect

 ◉ Tiger

✅ Correct

Q. Which one of the Mahatma Gandhi series of currency notes issued by the Reserve Bank of India bears the inscription "Ecology"?

 ◉ 50 rupees

❌ Incorrect

 ◉ Rs 10

❌ Incorrect

 ◉ Rs 100

✅ Correct

 ◉ 500 rupees

❌ Incorrect

Q. What is the rate at which Reserve Bank of India lends to scheduled banks called?

 ◉ Commercial bank rate

❌ Incorrect

 ◉ Bank rate

✅ Correct

 ◉ Rural bank interest rate

❌ Incorrect

 ◉ Rate of interest

❌ Incorrect

Q. Which state's financial transactions do not go through the Reserve Bank of India?

 ◉ Mizoram

❌ Incorrect

 ◉ Manipur

❌ Incorrect

 ◉ Kerala

❌ Incorrect

 ◉ Sikkim

✅ Correct

Q. Under the minimum reserve system, the Reserve Bank of India, as the sole authority to issue notes, has to keep at least what amount of assets?

 ◉ 135 crore rupees

❌ Incorrect

 ◉ 140 crore rupees

❌ Incorrect

 ◉ 125 crore rupees

❌ Incorrect

 ◉ 115 crore rupees

✅ Correct

Q. What is the 'open market operation' of the Reserve Bank of India?

 ◉ Global business

❌ Incorrect

 ◉ Trade in currency

❌ Incorrect

 ◉ trading in securities

✅ Correct

 ◉ Trade in states

❌ Incorrect


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List of Reserve Bank of India (RBI) Governors from 1935 to 2024 🔗

  Last update :  Mon 5 Jun 2023
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  Post Category :  Economics Quizzes