Test Completed!
Answer Review
Q1
The Reserve Bank of India was established in the year: [WBCS 2017]
A
1930
B
1935
C
1947
D
1951
Q2
Who maintains foreign exchange reserves in our country? [WBCS 2008]
A
Reserve Bank of India
B
State Bank of India
C
Minister of Finance, Govt. of India
D
Export-Import Bank of India
Q3
The responsibility for printing currency notes in India lies in the hands of: [WBCS 2021]
A
Ministry of Finance
B
Prime Minister’s office
C
Reserve Bank of India
D
State Bank of India
Q4
The Reserve Bank of India is:[WBCS 1999]
A
A shareholder’s bank
B
A Government-owned Bank
C
A partly private and partly state-owned bank
D
A scheduled Bank
Q5
What is the name of the new department created by the Reserve Bank of India in 2022?
A
Department of Artificial Intelligence
B
Department of Fin-Tech
C
Department of Data Science
D
Department of Digital Currency
Q6
Which of the following would have inflationary effect on the economy?
1. RBI releasing new bonds in the market
2. RBI decreasing the SLR
3. RBI increasing the Bank Rate
4. Abolition of CRR
A
1, 2 and 3
B
1 and 4 only
C
2 and 4 only
D
3 and 4 only
