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Bank Coaching in ChandigarhClick HereDOWNLOAD UPDATED GK CAPSULE FOR SBI PO 2014 EXAM

Wednesday 19 June 2013

GK Of Researve Bank Of India



1. First Governor of RBI was – 

a) Hilton Young
b) Paul Samuelson
c) C.D.Deskmukh
d) O.A Smith
Ans. d) O.A Smith


2. At the time of nationalization who was the Governor of RBI-

a) O.A Smith
b) J.B Taylor
c) C.D. Deshmukh
d) K.C.Neogy
Ans. c) C.D. Deshmukh 



3. The RBI was nationalized in the year –

a)1949
b)1956
c)1959
d)1947
Ans. a)1949 


4. The general superintendence and director of the bank is entrusted to central board of directors of –

a)10 members
b) 20 members
c) 25 members
d)30 members
Ans. b) 20 members 

5. Paper currencies of our country are issued by RBI under –
a) Section- 22 of the RBI act -1934
b) Section- 24 of the RBI act -1934
c) Section- 28 of the RBI act -1934
d) None of these
Ans. a) Section- 22 of the RBI act -1934 


6. One rupee currency notes bear the signature of - 
a) PM
b) President of India
c) Governor of RBI
d) Finance Secretary of India
Ans. d) Finance Secretary of India

7. Ten rupees notes bear the signature of –
a) President
b) Finance Minister
c) Secretary of Ministry of finance
d) Governor of RBI
Ans. d) Governor of RBI

8. Which of the following is the banker of the banks –
a) IDBI
b) SBI
c) RBI
d)UTI
Ans. c) RBI 

9. In which of the following banks one can’t open a personal account –
a) Co-Operative Banks
b) Commercial banks
c) Regional Rural Banks
d) RBI
Ans. d) RBI

10. Which of the following banks is the banker to the government –
a) SBI
b) SEBI
c) RBI
d) IRDA
Ans. c) RBI 

11. Which of the followings are the function of RBI –
a) Regulation of currency and flowing of credit system
b) Maintaining exchange values of rupee
c) Formulating monetary policy of India
d) All of these
Ans. d) All of these

12. Credit rationing in India is done by –
a) SBI
b) LIC
c) UTI
d) RBI
Ans. d) RBI

13. The first bank of India was –
a) Bank of Hindusthan
b) Imperial Bank
c) Bank of Bengal
d) Oudh Commercial Bank
Ans. a) Bank of Hindusthan 

14. The first Indian fully liability and managed bank was –
a) PNB
b) Traders Bank
c) SBI
d) 0 Presidency Bank of India
Ans. a) PNB 

15. The rates at which the RBI extends credit to the commercial bank is called –
a) Bank Rate
b) Reverse Repo Rate
c)Interest Rate
d) None of these
Ans. a) Bank Rate 

16. In which of the following is not the any element of monetary policy of  RBI –
a) Bank rate
b) Open Market Operation
c) Public Expenditure
d) All of these
Ans. c) Public Expenditure 

17. 100 rupees note bears the signature of –
a) Governor of RBI
b) PM
c) Finance Secretary of India
d) Chairman of Finance Commission
Ans. a) Governor of RBI 

18. Which of the following is the last lender of the last resort of commercial bank-
a) SBI
b) Union Govt.
c) RBI
d) UTI
Ans. c) RBI 

19. The RBI is agent of central government and of all state government except –
a) Bihar
b) Goa
c) Jammu and Kashmir
d) Mizoram
Ans. c) Jammu and Kashmir 

20. Controller of credit of commercial banks in our country is –
a) RBI
b)SEBI
c) ICI
d)UTI

Ans. a) RBI 

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