Banking Awareness
Here are some MCQs on Bank Accounts 1. Which of the following is not a type of bank account? a) Savings account b) Current account c) Fixed deposit account d) Credit card account 2. What is the minimum age requirement to open a fixed deposit account in most banks? a) 16 years b) 18 years … Read more
Here are some MCQs on Bank Deposits 1. Which of the following is not a type of bank deposit? a) Savings account b) Current account c) Term deposit d) Credit card deposit 2. Which type of bank deposit allows for immediate withdrawal of funds? a) Savings account b) Fixed deposit c) Current account d) Recurring … Read more
Here are some MCQs on Overview of Banking Business 1. What is the primary function of a bank? a) To provide loans b) To accept deposits c) To sell insurance d) To issue credit cards 2. Which of the following is not a type of bank? a) Commercial bank b) Investment bank c) Central bank … Read more
Here are some MCQs on RBI Functions – Custodian of Foreign Exchange 1. Which of the following is not a function of the Reserve Bank of India (RBI) as the custodian of foreign exchange? a) Issuing and managing foreign currency reserves b) Regulating foreign exchange transactions c) Encouraging foreign investment in the country d) Administering … Read more
Here are some MCQs on RBI Functions – Banker to other banks 1. Which of the following is a function of the Reserve Bank of India (RBI) as a banker to other banks? a) Issuing currency notes and coins b) Regulating interest rates in the economy c) Conducting monetary policy d) Lending to commercial banks … Read more
Here are some MCQs on RBI Functions – Banker and Debt Manager for Governments 1. The Reserve Bank of India (RBI) acts as a banker to the: a) Central Government b) State Governments c) Both a and b d) None of the above 2. RBI issues and manages the currency in circulation in India. What … Read more
Here are some MCQs on RBI Functions – Currency Administration 1. When was the Reserve Bank of India (RBI) established? a) 1932 b) 1940 c) 1935 d) 1951 2. Who is the current Governor of RBI? a) Raghuram Rajan b) Urjit Patel c) Shaktikanta Das d) Viral Acharya 3. Which of the following is not … Read more
Here are some MCQs on RBI Functions – Regulation of Banks 1. Which of the following is not a function of the Reserve Bank of India (RBI)? a) Issuing currency notes b) Regulating and supervising commercial banks c) Conducting monetary policy d) Regulating payment systems e) None of the above 2. The RBI is responsible … Read more
Here are some MCQs on Monetary Policy of Reserve Bank of India 1. Which organization is responsible for monetary policy in India? a) Securities and Exchange Board of India b) Reserve Bank of India c) Ministry of Finance d) State Bank of India 2. What is the primary objective of monetary policy in India? a) … Read more
Here are some MCQs on Important Boards and Committees of RBI 1. Who is the Chairman of the Central Board of Directors of RBI? a) Governor b) Deputy Governor c) Union Finance Minister d) President 2. How many members are there in the Central Board of Directors of RBI? a) 7 b) 9 c) 11 … Read more
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