RBI Functions – Currency Administration


41. What is the function of RBI in relation to mutilated currency notes?

a) Refusing the exchange of mutilated notes

b) Charging a fee for the exchange of mutilated notes

c) Replacing mutilated notes with new ones

d) All of the above

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42. Which of the following is not a security feature in Indian coins?

a) Microtext

b) Braille symbols

c) Latent image

d) Ultraviolet ink

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43. What is the function of RBI in relation to maintaining price stability?

a) Adjusting interest rates

b) Controlling money supply

c) Regulating credit growth

d) All of the above

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44. Which of the following is not a subsidiary of RBI?

a) National Housing Bank

b) National Bank for Agriculture and Rural Development

c) Small Industries Development Bank of India

d) Export-Import Bank of India

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45. Which committee recommended the implementation of the Kisan Credit Card scheme?

a) Raghuram Rajan Committee

b) Urjit Patel Committee

c) R.K. Talwar Committee

d) Montek Singh Ahluwalia Committee

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