Structure of RBI

6. The Central Board of Directors of the RBI consists of how many directors?

a) 5

b) 12

c) 15

d) 20

7. The Reserve Bank of India Act was enacted in which year?

a) 1920

b) 1935

c) 1947

d) 1951

8. Who is the Chairman of the Central Board of Directors of the RBI?

a) The Governor of RBI

b) The President of India

c) The Finance Minister of India

d) The Prime Minister of India

9. The primary objective of the RBI is to maintain:

a) Fiscal stability

b) Price stability

c) Economic growth

d) Foreign exchange reserves

10. The RBI issues and regulates monetary policy in India. True or False?