General Awareness / RBI & Monetary Policy

RBI is the leader of last resort, what does it mean?
  1. RBI advances necessary credit against eligible securities.
  2. Commercial banks give fundto RBI
  3. RBI advances money to public whenever there is any emergency
  4. All of these
  5. None of the above
Which of the following statements is incorrect?
  1. RBI is a profit making institution acting in the interest of the Govt.
  2. Every country has only one central bank which is managed by govt. officials.
  3. RBI does not perform any ordinary commsrcial banking functions.
  4. RBI has adopted of MRS to issue currency.
  5. None of the above
________Credit policy promotes investment.
  1. dear
  2. cheap
  3. restricted
  4. green
  5. None of the above
What can RBI do to improve effciency of the banking system?
  1. It can bring about compulsory amalgamation of weak banks.
  2. It can claim for compulsory liquidation.
  3. It can expedite winding up of proceedings to safeguard the interst of depositors.
  4. All of these
  5. None of the above
Which act has given control and supervision power to RBI over commercial banks?
  1. RBI Act, 1934.
  2. Banking regulation act, 1949.
  3. Both 1 and 2
  4. Banking regulation Act, 1960.
  5. None of the above
Central bank promotes commercial banking by…….
  1. Providing cheep rediscounting facilities to commercial banks.
  2. Providing liberalized rediscounting to commercial banks.
  3. Giving subsidies to new banks.
  4. All of these
  5. None of the above
Whenever RBI does some open market operation transaction, actually it wishes to which of the followings?
  1. Inflation only
  2. Liquidity in economy
  3. Increase borrowing power of the banks
  4. Flow of FDI
  5. None of the above
Where was the first headquarter of RBI?
  1. Delhi
  2. Mumbai
  3. Calcutta
  4. Chennai
  5. None of the above
Which of the following is/are the objective[S] of monetary police?1 . To anchor inflation expectation. 2. To actively manage liquidity 3. To maintain interst rate regime output and finajcial stability.
  1. Only 1
  2. All 1,2,3,
  3. Only 2
  4. Both 1 and 2
  5. None of the above
Which of the following is /are KEY POLICY rate used by RBI to influence interest rate? 1. Bank rate and repo rate. 2. Reverse repo rate. 3. CRR and SLR
  1. Only 1
  2. Only 2
  3. All
  4. Only 3
  5. Both 1 and 2