Rbi Questions | ear tai) peer Start Complete Exam Preparation road raed DO) Pere ieee Paez » Question1: The 15" Governor of RBI, Dr Manmohan Singh went on to become the 13" Prime Minister of India. The presentRB! Governor is 1. D Subbarao 2. Raghuram Rajan 3. Bimal Jalan 4. vv Reddy _ Cea Tae Ce eam Re ACL) LeliTel-Taela NS Colen i paeeererrsVPHon. agian bajen: Rbi Question1 DetailedSolution The correctanswer is Raghuram Rajan o Key Points + RaghuramRajan (04-09-2013 to 04-09-2016) » He assumed charge as the 23rd Governorof the ReserveSank of India on September4, 2013. = + Dr¥ V Reddy (06-09-2003 to 05-09-2008) > He assumed charge as the 21st Governorof theReserveBank of India on 6 September 103. ‘i + D Subbarao (05-09-2008 to 3) ~ DSubbarao took over on Sep*ember 5, 2008, as the 22nd Governorof the ReserveBank of India + DrBimal Jalan (22-11-1997 to 06-09-2003) ° Dr Bimal Jalan assumed charge as the 20th Governorof the ReserveBank of India on 22 November1997. » ImportantPoints + The currentGovernorof RBI is Shri ShaktikantaDas » He assumed charge as the 25th Governorof theReserveBank of India effective December12, 2018 > Immediately prior tohis current assignment, he was acting as Member, 15th Finance Commission, and G20 Sherpaof India. ieee are ic ORR Start Complete Exam Preparation Pra Fea Mock Tests laa Ceol (ere pairs o Download App Question2: View this Question Online > Which of the following is not true about the functions of RBI? notes, 1. RBlissui2. Itacts as @ national clearing house. 3. Itlends money topublic like any otherbank 4. Itis called bankers bank 5, Itis custodian of Foreign Exchange Reserves nn, © Answer (Detailed Solution Below) s Option 3 : Itlends money to public like any other bank Rbi Question2 DetailedSolution RBI does not lend money to public lke any other bank. Itis considered as government's bank and does not carry profit banking with general public. Itcan give money to banks and government when they need. 5 Ca India’s #1 Learning Platform Start Complete Exam Preparation Peas eed as tos reste ons & Qui: Download App Question? View this Question Online > The 15'" Governor of RBI, Dr Manmohan Singh wenton to become the 13" Prime Minister of India. The presentRB! Governor is 1. D Subbarao 2. Raghuram Rajan ‘ f 3 “" b4. YV Reddy Answer (Detailed Solution Below) Option 2: Raghuram Rajan Rbi Question3 DetailedSolution The correctanswer is Raghuram Rajan eo Key Points bad + Raghuram Rajan (04-09-2013 to 04-09-2016) ~ He assumed charge as the 23rd Governorof the Reser veBank of India onSeptemberd, 2013. 4 * Dr¥ V Reddy (06-09-2003 to 05-09-2008) He assumed charge as the 21st Governorof theReserveBank of India on 6 September 2003. + D Subbarao (05-09-2008 to 04-09-13) » D'Subbarao took over on SeptemberS, 2008, as the 22nd Governorof the Reser veBank of India + DrBimal Jalan (22-11 06-09-2003) > Dr Bimal Jalan asst aige as the 20th Governorof theReserveBank of India on 22 November1997_ » \mportantPoints * ThecurrentGovernorof RBI is Shri ShaktikantaDas » He assumed charge as the 25th Governorof the ReserveBank of India effective December12, 2018 > Immediately prior to his current assignment, he was acting as Member, 15th Finance Commission, and G20 Sherpaof India. Pg Teeter Slam eCe li) Clu Le LiCl) Ree Dar ea Siete 5 Mock Tests POs Download App Question4: View this Question Online >es The 15" Governor of RBI, Dr Manmohan Singh went become the13 Prime Minister of India. The presentRBI| Governor is 1. DSubbarao oP 2. Raghuram Rajat 20 3 Jalan 4. YV Reddy Answer (Detailed Solution Below) Option 2: Raghuram Rajan Rbi Question4 DetailedSolution The correctanswer is Raghuram Rajan «ty © Key Points & + RaghuramRajan (04-09-2013 to 04-09-2016) He assumed charge as the 23rd Governorot the Reserv: ia onSeptember4, 2013. + DrY VReddy (06-09-2003 to 05-09-2008) » He assumed charge as the 21st Govern jank of India on 6 September 2003. + D Subbarao (05-09-2008 to 04-09-13) D Subbarao took over on sae as the 22nd Governorof the Reser veBank of 003) India * Dr Bimal Jalan (22-11 Dr Bimal Jalan 22 November199 » ImportantPoints + ThecurrentGovernorof RBI is Shri ShaktikantaDas » He assumed charge as the 25th Governorof theReserveBank of India effective December12, 2018 immediately prior tohis current assignment, he was acting as Member, 15th Finance Commission, and G20 Sherpaof india. arge as the 20th Governorof the ReserveBank of India onFg eee ac Start Complete Exam Preparation rears fared Pia CCS cierey Cores eicud D> Download App Exons) Question5: View this Questicn Online, Which oft ollowing is not true about the functions of RBI? 1, RBlissties notes. 2, Itacts as @ national clearing house 3. Itlends money topublic like any other bank y 4. Itis called banker's bank 5. Itis custodian of Foreign Exchange Reserves z Answer (Detailed Solution Below) Option 3: Itlends “i like any other bank. Rbi Question5 DetailedSolution RBI does not lend money to public like any other bank. Itis considered as government's bank and does not carry profit banking with general public. Itcan give money to banks and government when they need.EX eee arco Roca) cS Ea ery Mee LiCl) Reece rags Practice are eas esol Correo Exess D> Download App Question6: ; View ti stion Ghine > Which of the following organization actsas “lender of the lastresort’? 1. SBI 2. Ministry of Finance 3. Indian Government 4 RBI ¢ 5. SEBI @ Answer (Detailed Solution Below) Option 4: RBI Rbi Question6 DetailedSolution As a Banker to Banks, the Reserve Bank also acts as the ‘lender of last resort’. |tcan come to the rescue of a bank that is solvent but faces temporary liquidity problems by supplying it with much needed Iquidity when no one else is wiling to extendcredit to thatbank. The Reserve Bank extends this facility to protectthe interest of the depositors of the bank and toprevent possible failure of a bank, which in tun may also affectother banks and institutions and can have an adverse impact on financial stability and thus on the economyEX eee arco Roca) Start Complete Exam Preparation Cea Sees Exot aes a mice Mi Ettore Correo D> Download App Question7: View this Question Ghine’ > Which, of oowing pair of organizations formulate the borrowing program every yearin India? 1. RBland Government of India 2, RBland finance ministry 3. RBland Finance commission 4 RBland Otherbanks 5. None of these Answer (Detailed Solution Below) Option 1: RBI and Cover nse Rbi Question7 DetailedSolution While formulating theborrowing program for the year, the Government and the Reserve Bank take into account a number of factors,such es, the amount of Central and Stateloans maturing during the year, the estimated available resources, and the absorptive capacity of the market