Daily Current Affairs MCQ : 24 जून  2023

                                                                            RBI

1. What is the full form of RBI? 

 a) Reserve Board of India   b) Royal Bank of India            

c) Reserve Bank of India     d) Regulatory Bureau of India

2.When was RBI established?

a) 1945        b) 1935

c) 1950        d) 1920

3.Who is the current Governor of RBI as of 2021?

a) Raghuram Rajan   b) Shaktikanta Das

c) Urjit Patel   d) D. Subbarao

4.Which of the following is not a function of RBI?

a) Issuing currency notes and coins   b) Monetary policy formulation

c) Regulating and supervising bank   d) Conducting foreign trade operations

5.What is the primary objective of RBI?

a) Maintaining price stability and controlling inflation

b) Promoting economic growth and development

c) Ensuring financial inclusion

d) All of the above

6.Which committee recommended the establishment of RBI?

a) Hilton Young Commission  b) Narasimham Committee

c) Raghuram Rajan Committee  d) Tarapore Committee

7.Who appoints the Governor and Deputy Governors of RBI?

a) Prime Minister of India  b) President of India

c) Finance Minister of India  d) RBI Board of Directors

8.Which currency note denomination in India is not issued by RBI?

a) Rs. 100  b) Rs. 500

c) Rs. 2000  d) Rs. 200

9.Which entity regulates the functioning of RBI in India?

a) Ministry of Finance

b) Securities and Exchange Board of India (SEBI)

c) Competition Commission of India (CCI)

d) National Bank for Agriculture and Rural Development (NABARD)

10.The headquarters of RBI is located in which city?

a) New Delhi     b) Kolkata

c) Mumbai         d) Chennai

Answers

1. c) b 2.b 3.b) 4. d)  5.d)  6. a)  7. b) 8.c) 9.a) 10 c)