Banking Awareness

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