Reserve Bank of India - Banking Awareness Quiz

Banking Awareness Quiz for today :-

Q1. Which of the following is correct:
a) Reserve Bank of India Act, 1935
b) Reserve Bank of India Act, 1934
c) Reserve Bank of India Act, 1930
d) None of These

Q2. The Central Office of the Reserve Bank was initially established in ______:
a) Indore
b) Delhi
c) Calcutta
d) None of These

Q3. The Central Office of the Reserve Bank of India is now located at:
a) Mumbai
b) Hyderabad
c) New Delhi
d) None of These

Q4. The Central Office of the Reserve Bank was permanently moved to Mumbai in _____:
a) 1934
b) 1937
c) 1935
d) None of These

Q5. Which among the following is correct about The Central Office of RBI:
a) Where Governor Sits 
b) Where only Policies are formulated
c) Both of Above
d) None of These

Q6. When RBI came into existence on 1-4-1935, it was:
a) Privately Owned 
b) Governmental Owned
c) Privately + Governmental Owned
d) None of These

Q7. Reserve Bank is fully owned by the Government of India since nationalization in:
a) 1950
b) 1949
c) 1965
d) None of These

Q8. Management of RBI consists of (Regarding Governor and Deputy Governors):
a) 1 Governor + 3 Deputy Governor
b) 1 Governor + 4 Deputy Governor
c) 1 Governor + 5 Deputy Governor
d) None of These

Q9. Current Governor of RBI is:
a) Arundhati Bhattacharya
b) Raghuram Rajan
c) U. K. Sinha
d) None of These

Q10. BFS stands for:
a) Bureau of Financial Supervision
b) Board for Financial Supervision
c) Bi-Lateral Financial System
d) None of These

Q11. The BFS was constituted in:
a) December 1994
b) November 1994
c) September, 1994
d) None of These

Q12. Which among the following is correct about objectives of BFS:
a) To undertake cosolidated supervision of the financial sector 
b) Financial Sector comprising commercial banks, financial institutions and non-banking finance companies
c) Both of Above
d) None of These

Q13. The BFS's board member are appointed for term of :
a) 2 years
b) 3 years
c) 4 years
d) None of These

Q14. The member of BFS board is chaired by:
a) Any Deputy Governor
b) Governor 
c) Deputy Governor appointed by Governor 
d) None of These

Q15. The Deputy Governor in charge of banking regulation and supervision, is nominated as the ________of the (BFS) board:
a) Head
b) Vice-Chairman
c) President
d) None of These

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