Current Affairs Quiz 2024GKCourses AptitudeADRE 2.0EnglishUGC NET

RBI MCQs | Reserve Bank of India Short Questions & Answers

Download PDF

Free download in PDF Reserve Bank of India Short Questions & Answers for competitive exams. These RBI Objective Questions with Answers are important for competitive exams like UPSC, SSC, Railway, UGC NET, GATE, IBPS Specialist Recruitment Test. These short solved questions or quizzes are provided by Gkseries.
Go To Download Page
41 Which of the following is not the work of RBI?
[A] Bank of the banks
[B] Credit controller
[C] Custodian of foreign currency
[D] Allocating funds directly to the farmers for agricultural development
Answer: Allocating funds directly to the farmers for agricultural development
42 When was R.B.I. nationalised?
[A] 1935
[B] 1949
[C] 1929
[D] 1914
Answer: 1949

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Article and Schedule Quiz Start Test!
43 How long does the accounting year of the Reserve Bank of India come from?
[A] 1st July to 1st June
[B] 1st April to 30th March
[C] 1st July to 30th June
[D] January 1 to December 31
Answer: 1st July to 30th June
44 Which of the following words is not used in Monetary Policy?
[A] Cash reserve ratio
[B] Repo Rate
[C] Bank rate
[D] Blue chip
Answer: Blue chip
45 Which of the following public sector banks has the largest number of branches in foreign countries?
[A] Bank of India
[B] Bank of Baroda
[C] Punjab National Bank
[D] Corporation Bank
Answer: Bank of Baroda
46 After State Bank of India, which of the following banks has the largest number of offices?
[A] Punjab National Bank
[B] Bank of India
[C] Andhra Bank
[D] Canara Bank
Answer: Punjab National Bank
47 Which of the following terms is used in banking field?
[A] Interest rate swap
[B] Input devices
[C] Sedimentary
[D] Zero Hour
Answer: Interest rate swap
48 Regional Rural Banks are sponsored by
[A] Nationalised Commercial Bank
[B] Reserve Bank of India
[C] State Bank of India
[D] Government of India
Answer: Nationalised Commercial Bank
49 What does M in M-Banking Facility being offered by banks to their customers, stand for?
[A] Money
[B] Marginal
[C] Message
[D] Mobile Phone
Answer: Mobile Phone
50 With which of following types of loans are teaser rates related?
[A] Home loans
[B] Personal loans
[C] Auto loans
[D] Reverse mortgage loans
Answer: Home loans
51 Expand the term EMI as used in banking/finance sector?
[A] Easy Monthly Instalment
[B] Equal Monthly Investment
[C] Equated Monthly Instalment
[D] Equated Mortgage Investment
Answer: Equated Monthly Instalment
52 Bank rate is decided by which of the following?
[A] Reserve Bank of India
[B] Government Of India
[C] State Bank of India
[D] Securities and Exchange Board of India
Answer: Reserve Bank of India
53 What are teaser loan rates charged by banks?
[A] Rate of interest which is competitively changed in relation to other banks
[B] Floating rate of interest charged by banks
[C] Low rate of interest in the initial period which goes up subsequently
[D] Higher rate of interest in the initial period which goes down subsequently
Answer: Low rate of interest in the initial period which goes up subsequently
54 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] Both 1 and 2
[D] All the three
Answer: All the three
55 The only merger of two public sector banks took place between -
[A] Bank of India and New Bank of India
[B] Punjab National Bank and New Bank of India
[C] Allahabad Bank and United Bank of India
[D] Punjab National Bank and Bank of Rajasthan
Answer: Punjab National Bank and New Bank of India
56 Which of the following banks was inaugurated by Mahatma Gandhi in 1919?
[A] Bank of Maharashtra
[B] Bank of Baroda
[C] State Bank of Saurashtra
[D] Union Bank of India
Answer: Union Bank of India
57 Which of the following is/are true about the Sub-Prime Crisis? 1) It is a mortgage crisis referring to credit default by the borrowers. 2) Sub-Prime borrowers were those borrowers who were rated low and were high risk borrowers. 3) This crisis originated because of negligence in credit rating of the borrowers.
[A] Only 1
[B] Only 2
[C] Only 3
[D] All 1, 2, and 3
Answer: All 1, 2, and 3

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!
LEAVE A COMMENT