History of Reserve Bank of India

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6. Who is the current Governor of RBI?

a) Raghuram Rajan

b) Urjit Patel

c) Shaktikanta Das

d) Duvvuri Subbarao

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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

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8. What is the statutory nature of RBI?

a) Constitutional

b) Legal

c) Autonomous

d) Advisory

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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

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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

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