History of Reserve Bank of India

26. When was the demonetization of Rs. 500 and Rs. 1000 currency notes announced in India?

a) November 2015

b) November 2016

c) November 2017

d) November 2018

27. Which committee recommended the introduction of the Basel III norms in India?

a) Raghuram Rajan Committee

b) Urjit Patel Committee

c) Bimal Jalan Committee

d) Y. V. Reddy Committee

28. Which bank is responsible for printing and distribution of currency notes in India?

a) State Bank of India

b) Reserve Bank of India

c) Punjab National Bank

d) Bank of India

29. What is the current repo rate in India?

a) 5%

b) 5.5%

c) 6%

d) 6.5%

30. Which banking concept was introduced in India by RBI in 2004?

a) Core Banking Solution (CBS)

b) Mobile Banking

c) Internet Banking

d) Plastic Money