RBI

Question 1

The exchange value of the Indian currency is maintained by

Answer 1

RBI

Question 2

RBI - BANKING OMBUDSMAN

Answer 2

1995

Question 3

Reserve Bank of India Act was passed in

Answer 3

MARCH 6, 1934

Question 4

the Reserve Bank remained as Burma’s central bank

Answer 4

1947

Question 5

PAKISTAN’S CENTRAL BANK

Answer 5

1948

Question 6

Banking Regulation Act came into force oN?

Answer 6

March 16, 1949

Question 7

Board of Directors of

Answer 7

21 members.

Question 8

WHO APPOINTS THE BOARD

Answer 8

The Board is appointed by the Government of India in accordance with the Reserve Bank of
India Act.

Question 9

UNOFFICIAL DIRECTORS

Answer 9

10 BY GOVT
2 GOVT OFFICIALS
4 REGIONAL BOARDS MEMBER

Question 10

TERM OF OFFICE OF ZONAL BOARD MEMBERS

Answer 10

A member remains in this position for 4 years

Question 11

STRENGTH OF REGIONAL BOARDS

Answer 11

regional boards consists of 5 members

Question 12

Deposit Insurance and Credit Guarantee Corporation (DICGC) -

Answer 12

MUMBAI

Question 13

Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) -

Answer 13

BENGALURU

Question 14

Reserve Bank Information Technology Private Limited (ReBIT) - NAVI MUMBAI

Answer 14

NAVI MUMBAI

Question 15

Indian Financial Technology and Allied Services (IFTAS) -

Answer 15

MUMBAI

Question 16

Reserve Bank Innovation Hub (RBIH) -

Answer 16

BENGALURU

Question 17

RBI Academy,

Answer 17

Mumbai

Question 18

College of Agricultural Banking (CAB),

Answer 18

Pune

Question 19

Reserve Bank of India Staff College (RBSC),

Answer 19

Chennai

Question 20

College of Supervisors (CoS),

Answer 20

Mumbai

Question 21

Institute for Development and Research in Banking Technology (IDRBT),

Answer 21

Hyderabad

Question 22

The Board for Financial Supervision (BFS) was constituted in

Answer 22

November 1994

Question 23

PREAMBLE OF RBI

Answer 23

• Bank notes and
• keeping of reserves
• monetary stability in India
• operate the currency and credit
  system
• monetary policy framework
• price stability
• objective of growth.

Question 24

C.D. Deshmukh

Answer 24

(1943 - 49)

Question 25

Control of loan (credit) is an important

Answer 25

FUNCTION OF RBI

Question 26

RBI manages the public debt of the government and plots treasury bills for the government.

Answer 26

FUNCTION OF RBI

Question 27

Objectives of Monetary Policy

Answer 27

*Price stability  Economic growth

Question 28

Open market operations

Answer 28

buying and selling of government securities in the open market

Question 29

REPO RATE

Answer 29

repo rate is the interest charged by the Reserve Bank on the loans given to the commercial banks.