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The document contains a quiz with multiple-choice questions about the Reserve Bank of India (RBI), covering its establishment date, first governor, headquarters location, nationalization act, emblem animal, monetary policy responsibility, currency note signatures, and other historical facts. Key details include that RBI was established on April 1, 1935, and the first governor was Osborne Smith. The document serves as a knowledge check on important aspects of RBI's history and functions.

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28 views7 pages

Document

The document contains a quiz with multiple-choice questions about the Reserve Bank of India (RBI), covering its establishment date, first governor, headquarters location, nationalization act, emblem animal, monetary policy responsibility, currency note signatures, and other historical facts. Key details include that RBI was established on April 1, 1935, and the first governor was Osborne Smith. The document serves as a knowledge check on important aspects of RBI's history and functions.

Uploaded by

arpitanaskar7478
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

1.

When was the Reserve Bank of India


established?
A) 1 April 1935
B) 1 January 1949
C) 15 August 1947
D) 26 January 1950

2. Who was the first Governor of RBI?


A) C. D. Deshmukh
B) Osborne Smith
C) Venkatraman
D) Manmohan Singh

3. Where is the current headquarters of RBI


located?
A) Kolkata
B) Delhi
C) Mumbai
D) Chennai

4. Under which Act was RBI nationalized?


A) RBI Act, 1934
B) Banking Regulation Act, 1949
C) Companies Act, 1956
D) National Banking Act, 1970

5. Which animal appears in the RBI emblem?


A) Tiger
B) Elephant
C) Lion
D) Cow
6. Who is responsible for framing the monetary
policy in India?
A) Government of India
B) RBI
C) Ministry of Finance
D) Ministry of Commerce

7. Whose signature appears on Indian currency


notes?
A) President of India
B) Prime Minister of India
C) RBI Governor
D) Finance Minister

8. Who was the first Indian Governor of RBI?


A) C. D. Deshmukh
B) Osborne Smith
C) Manmohan Singh
D) B. Malhotra

9. Where was the first headquarters of RBI located?


A) Kolkata
B) Mumbai
C) Delhi
D) Chennai

10. In which year was the RBI headquarters shifted


to Mumbai?
A) 1937
B) 1947
C) 1950
D) 1960

11. Which committee recommended the


establishment of RBI?
A) Narasimham Committee
B) Hilton Young Commission
C) Rangarajan Committee
D) Kelkar Committee

12. RBI issues currency notes of which


denominations?
A) ₹1 and above
B) ₹2 and above
C) ₹5 and above
D) ₹10 and above
13. Who appoints the Governor of RBI?
A) President of India
B) Prime Minister of India
C) Central Government
D) RBI Board

14. Which bank acts as the banker to the


Government of India?
A) State Bank of India
B) Reserve Bank of India
C) ICICI Bank
D) Punjab National Bank

15. In which year was the RBI Act passed?


A) 1934
B) 1935
C) 1949
D) 1950

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