Explore topic-wise MCQs in Testing Subject.

This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.

1.

According to RBI Act, what minimum amount of balance on every friday needs to be maintained by State Governments with Reserve Bank of India?

A. Rs 10 crore
B. Rs 20 crore
C. Rs 40 crore
D. Rs 100 crore
Answer» D. Rs 100 crore
Discussion
2.

Which of the following is/are correct regarding Market Stabilisation Scheme (MSS)?

A. Market Stabilisation Scheme (MSS) was introduced in April 2004.
B. is an agreement between Government of India and Reserve Bank of India to issue government securities
C. Government securities issued under MSS are used to absorb rupee liquidity created by capital flows of an enduring nature
D. The proceeds under the MSS were parked in a separate deposit account maintained by the Government with the Reserve Bank Select the correct answer from following options:
Answer» E.
Discussion
3.

According to RBI Act, what minimum amount of balance on every friday needs to be maintained by Government of India with Reserve Bank of India?

A. Rs 10 crore
B. Rs 20 crore
C. Rs 40 crore
D. Rs 100 crore
Answer» E.
Discussion
4.

According to RBI Act, what minimum amount of daily balance needs to be maintained by Government of India with Reserve Bank of India?

A. Rs 5 crore
B. Rs 10 crore
C. Rs 25 crore
D. Rs 50 crore
Answer» C. Rs 25 crore
Discussion
5.

Which among the following is correct regarding currency notes issued in India?

A. Total value of currency notes constitutes the liabilities of Government of India
B. Total value of currency notes constitutes the assets of Government of India
C. Total value of currency notes constitutes the liabilities of Reserve Bank of India
D. Total value of currency notes constitutes the assets of Reserve Bank of India
Answer» D. Total value of currency notes constitutes the assets of Reserve Bank of India
Discussion
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