MCQOPTIONS
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MCQOPTIONS
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. |
Which of the following is true about the functions performed by RBI?(i) It is the Bank of Issue (ii) It acts as banker to the Government(iii) It is the banker of other banks (iv) It regulates the flow of credit |
| A. | Both (i) and (ii) |
| B. | Both (iii) and (iv) |
| C. | All the above |
| D. | None of the above |
| Answer» D. None of the above | |
| 2. |
Which of the following is true about the restrictions on RBI? (i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security. |
| A. | Only (i),(ii),(iii), and (iv) |
| B. | Only (v) |
| C. | All the above |
| D. | None of the above |
| Answer» D. None of the above | |