Reserve Bank of India TNPSC Group 1 Questions

Indian Economy

Reserve Bank of India MCQ Questions

7.
Which among the following is said to be "Lender of Last Resort" in India?
A.
RBI
B.
SBI
C.
IDBI
D.
Federal Bank
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ANSWER :
A. RBI
8.
Who was the first governor of Reserve Bank of India from Indian origin?
A.
Osborne Smith
B.
Rajagopalachari
C.
L. K. Jha
D.
D. Deshmukh
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ANSWER :
D. D. Deshmukh
9.
Which of the following rates are reviewed by the RBI at the time of periodical review of the policy?
1. Bank rate
2. Repo rate
3. Savings bank rate
A.
Only 1
B.
Only 2
C.
Only 3
D.
All the above
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ANSWER :
D. All the above
10.
How long does the accounting year of the Reserve Bank of India come from?
A.
1st August to 31st July
B.
1st April to 30th March
C.
1st July to 30th June
D.
January 1 to December 31
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ANSWER :
C. 1st July to 30th June
11.
Where was the first Headquarters of Reserve Bank of India (RBI)
A.
Kolkatta
B.
Delhi
C.
Mumbai
D.
Pune
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ANSWER :
A. Kolkatta
12.
When did the Headquarters of Reserve Bank of India (RBI) moved to Mumbai ?
A.
1935
B.
1936
C.
1937
D.
1938
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ANSWER :
C. 1937