jaiibmocktest.in

Question 1 reset

The Indian banking system is primarily governed by Banking Regulation Act, 1949.

True

False

Question 2 reset

In USA and UK, the banking regulators is / are

Federal Reserve Board

Bank of England

Both the above

Question 3 reset

RBI is a state owned institution.

True

False

Question 4 reset

The Central Board of Directors of RBI comprises

One Governor

Four Deputy Governors

Fifteen Directors

All the above

Question 5 reset

New and reissuable notes are stored in __________ maintained by banks as of RBI.

Currency Chests

Agents

Both the above

Question 6 reset

RBI acts as the Banker to the

Central Government

State Governments

Both the above

Question 7 reset

In the Indian Banking System, ______ acts as the banker's bank and also as lender of the last resort.

RBI

SEBI

NABARD

Question 8 reset

A decrease in the Bank Rate is likely to lead to a ______ in interest rates of banks.

increase

decrease

Question 9 reset

Monetary and Credit policy is issued by RBI each year ______ times.

2

3

4

Question 10 reset

A decrease in CRR will improve the liquidity in the banking system.

True

False

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