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Reserve Bank of India

7. 

Which among the following is said to be "Lender of Last Resort" in India?

A. RBI B. SBI C. IDBI D. Federal Bank

Answer : A. RBI

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8. 

Who was the first governor of Reserve Bank of India from Indian origin?

A. Osborne Smith B. C. Rajagopalachari C. L. K. Jha D. C.D. Deshmukh

Answer : D. C.D. Deshmukh

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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

Answer : D. All the above

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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

Answer : C. 1st July to 30th June

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11. 

Where was the first Headquarters of Reserve Bank of India (RBI)

A. Kolkatta B. Delhi C. Mumbai D. Pune

Answer : A. Kolkatta

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12. 

When did the Headquarters of Reserve Bank of India (RBI) moved to Mumbai ?

A. 1935 B. 1936 C. 1937 D. 1938

Answer : C. 1937

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