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30th July 2015, 10:18 AM
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Join Date: Apr 2013
Re: General Knowledge Questions on Reserve Bank of India

As you want I am here giving you General Knowledge Questions on Reserve Bank of India.

Questions
1. When did Reserve Bank of India (RBI) formed?
Answer: 1935 April 1

2. When did Reserve Bank of India (RBI) Nationalised ?
Answer: 1949

3. Where was the first Headquarters of Reserve Bank of India (RBI) ?
Answer: Kolkata

4. When did the Headquarters of Reserve Bank of India (RBI) moved to Mumbai ?
Answer: 1937

5. Who was the First Reserve Bank of India (RBI) Governor ?
Answer: Sir Osborne Smith

6. Who was the first Indian RBI Governor ?
Answer: C.D.Deshmukh


7. Which Commission recommended the formation of Reserve Bank of India (RBI) ?
Answer: Hilton Young Commission (Royal commission)


8. Which is the central bank in India ?
Answer: RBI

9. Which bank is known as Banker's Bank ?
Answer: Reserve Bank of India (RBI)

10. Who is the present Governor of RBI ?
Answer: Dr. Raghuram Rajan

11. Who introduced the Banking Ombudsman Scheme ?
Answer: Reserve Bank of India

12. What's the purpose of demat account ?
Demat account is a safe and convenient means of holding securities just like a bank account is for funds. Today, practically 99.9% settlement (of shares) takes place on demat mode only. Thus, it is advisable to have a Beneficiary Owner (BO) account to trade at the exchanges.

13. How does the Reserve Bank estimate the demand for banknotes?


The Reserve Bank estimates the demand for banknotes on the basis of the growth rate of the economy, the replacement demand and reserve stock requirements by using statistical models/techniques.

14. What is the role of the Reserve Bank of India in currency management?

15. What is CRR?

17. What is a Repo Rate?

20.How inflation effect on money and price?

Here is the attachment
Attached Files
File Type: doc GK question – answers on RBI.doc (35.5 KB, 82 views)


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