History of Reserve Bank of India

6. Who is the current Governor of RBI?

a) Raghuram Rajan

b) Urjit Patel

c) Shaktikanta Das

d) Duvvuri Subbarao

7. Which currency notes are issued by RBI?

a) Rs. 1000 and above

b) Rs. 500 and above

c) Rs. 100 and above

d) All denominations

8. What is the statutory nature of RBI?

a) Constitutional

b) Legal

c) Autonomous

d) Advisory

9. Which act provides the legal framework for RBI?

a) Banking Regulation Act, 1949

b) Reserve Bank of India Act, 1934

c) Companies Act, 1956

d) Indian Contract Act, 1872

10. Which bank regulates the monetary policy in India?

a) World Bank

b) Reserve Bank of India

c) International Monetary Fund

d) Asian Development Bank