1. The one-rupee note bears the signature of____________.
(a) RBI Governor
(b) Deputy Governor
(c) Finance Secretary
(d) Finance Minister
2. If a customer does not get a satisfactory response to his grievance from the bank within _____ days, then he can approach the Banking Ombudsman.
3. Which of the following organizations is the Mutual Fund Market regulator?
(d) CRISIL
4. Which among the following is an instrument of monetary policy used by the RBI?
(a) Base Rate
5. ________ is the organization that maintains the borrower’s history in India.
(a) CRISIL
6. RBI has directed commercial banks to resolve ATM transaction-related complaints within seven working days. If a commercial bank is unable to do so then it has to pay Rs. ________ per day as compensation.
7. What does the term Open Market Operations refer to?
(a) Selling of equities in the open market
(b) Selling of commodities in the open market
(c) Buying and selling of government securities in the open market
(d) Buying and selling of products in the wholesale market
8. RBI has introduced “Marginal Standing Facility” with the objective of:
(a) Controlling Inflation
(b) Containing instability in long term inter-bank rates
(c) Containing instability in the overnight inter-bank rates
(d) All of the above
9. ________ are the beneficiaries of the “Reverse Mortgage Scheme”.
(a) Government employees
(b) Senior citizens
(c) Unemployed persons
(d) Persons of BPL category
10. RBI was nationalized in the year
Answers will be provided soon
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