General Awareness / RBI & Monetary Policy

Who appoints the governor of RBI?
  1. President of India
  2. Prime minister of India
  3. Central Govt. of India
  4. Vice Presidentof India
  5. None of the above
The RBI reduces or increase different rates and ratios in "basis points" one basis point is equal to-
  1. One tenth of a percent
  2. One hundredth of a present
  3. One thousandhth of a percent
  4. One percent
  5. One hundred perscent
Under the BSBDA scheme of theRBI, any individual including those from weaker sections of the society, can open Zero balance account in which of the following banks?
  1. Public sector banks
  2. Private sector banks
  3. Foreign banks operating in india
  4. All of these
  5. Only 1 and 2
A major public sector bank raised intreest rate on loan by 25 basispoints. This meansthe bank has raised interest by 25 basis points of
  1. Saving bank interest rate
  2. Base lending rate
  3. Repo rate
  4. Present rate on deposits
  5. Discounts rate of interest
The LAF [Liquidity adjustment facility] is a facility extended by the RBI to the scheduled commercial banks excluding_______
  1. RRBs
  2. Private bank
  3. Nationalized banks
  4. Associate bank of SBI