RESERVE BANK OF INDIA1. The Reserve Bank of India was set up in :a.1949b.1956c.1935d.19012. ____ is the Bankers Bank in India.a.SBIb.PNBc.RBId.OBC3. Banks are regulated by :a.Securities Exchange Board of Indiab.Reserve Bank of Indiac.Company Law Boardd.Registrar of Companies4. Who is the official lender of the last resort in India?a.SBIb.PNBc.RBId.OBC5. The lender of last resort means _______.a.The government coming to the rescue of poor farmers.b.Central bank coming to the rescue of other banks in times of financial crisis.c.Commercial banks coming to the rescue of small industrial unitsd.People coming to the rescue of commercial banks in times of their financial crisis.6. ____ is the custodian of monetary reserves in Indiaa.SBIb.SIDBIc.NABARDd.RBI7.Which of the following statements about Central Bank is incorrect ?a.Central bank regulates currency in accordance with the requirements of business and the general publicb.Central banks performs general banking and agency service for the statec.Central bank generally deals with the public and tries to encourage saving habits among peopled.None of the above

8. A Central Bank differs from a commercial bank in that :a.It has no branchesb.It is the banker of the governmentc.It deals with general publicd.None of the above9. RBI has ________ .a.Very few branchesb.One branch in each state of Indiac.No branchesd.None of the above10. Which of the following is not the function of RBI ?a.Issue of currencyb.Bankers bankc.Controller of creditd.Banker to general public11.Which among the following is responsible for issuing currency notes in India ?a.SBIb.RBIc.UTId.World Bank12.Which is the central bank of India ?a.SBIb.Indian Bank c.NABARDd.RBI13.Reserve Bank of India is Indias :a.Central bankb.Biggest commercial bankc.Biggest cooperative bankd.All of the above14. Who is called the bank of issue ?a.RBIb.SBIc.IDBId.ICICI15.Who is the fiscal agent and adviser to government in monetary and financial matters in India ?a.SBIb.IDBIc.ICICId.RBI

16. Which is the central bank of India ?a.The State Bank of Indiab.The U.N.Oc.The World Bankd.The Reserve Bank of India17.Who is the custodian of national reserves of international currency ?a.SBIb.IDBIc.RBId.ICICI18.RBI makes advances to the Central and State Government repayable within ______ from the date of advancea.60 daysb.45 daysc.90 daysd.75 days19.In the year ______ ,the practice of RBI lending to the government through ad hoc treasury bills was given up.a.1951b.1997c.1991d.200120. Who is the present governor of RBI ?a.Duvvuri Subbarao b. Dr. Manmohan Singhc.K R Purid.Dr. C Rangarajan