6. Which committee recommended the establishment of RBI?
a) Hilton Young Commission
b) Fazal Ali Commission
c) Raghuram Rajan Committee
d) Urjit Patel Committee
7. Which act was passed to establish RBI as the central bank of India?
a) Reserve Bank of India Act, 1925
b) Reserve Bank of India Act, 1934
c) Reserve Bank of India Act, 1949
d) Reserve Bank of India Act, 1951
8. How many deputy governors are there in RBI?
a) 1
b) 2
c) 3
d) 4
9. Who has the authority to issue commemorative coins in India?
a) President of India
b) Prime Minister of India
c) RBI Governor
d) Finance Minister of India
10. What is the function of RBI in relation to exchanging damaged currency notes?
a) Recall and replace the damaged notes
b) Refuse to exchange the damaged notes
c) Provide compensation for the damaged notes
d) None of the above
