Reserve Bank of India TNPSC Group 1 Questions

Indian Economy

Reserve Bank of India MCQ Questions

1.
In India, currency notes are issued by the Reserve Bank of India (RBI) and coins are issued by the _______________, Government of India (GOI).
A.
Ministry of Finance
B.
Ministry of Coins
C.
Ministry of Development
D.
Ministry of Management
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ANSWER :
A. Ministry of Finance
2.
The new Rupee symbol designed by _____________ , a post graduate of IIT Bombay was finally selected by the Union cabinet on 15th July, 2010.
A.
Subash Khot
B.
Udaya Kumar
C.
Manohar Parikkar
D.
Pranav Mistry
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ANSWER :
B. Udaya Kumar
3.
The RBI Headquarters is located at
A.
Delhi
B.
Chennai
C.
Mumbai
D.
Bengaluru
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ANSWER :
C. Mumbai
4.
When was RBI commenced its operations in accordance with the Reserve Bank of India Act, 1934.
A.
1 April 1935
B.
1 April 1936
C.
1 April 1937
D.
1 April 1938
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ANSWER :
A. 1 April 1935
5.
The RBI was nationalised on
A.
1 January 1948
B.
1 January 1949
C.
1 January 19450
D.
1 January 1951
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ANSWER :
B. 1 January 1949
6.
Who was the first Governor of RBI?
A.
Benegal Rama Rau
B.
Osborne Smith
C.
P. C. Bhattacharya
D.
R. N. Malhotra
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ANSWER :
B. Osborne Smith