Question : The central bank of India is ___________.
Option 1: Reserve Bank of India (RBI)
Option 2: State Bank of India (SBI)
Option 3: Punjab National Bank (PNB)
Option 4: ICICI Bank
Correct Answer: Reserve Bank of India (RBI)
Solution : The correct answer is (a) Reserve Bank of India (RBI).
The Reserve Bank of India is the central banking institution in India, responsible for the regulation and control of the country's monetary and banking system. It is the apex financial authority in India and plays a crucial role in formulating and implementing monetary policies, managing foreign exchange reserves, overseeing the banking sector, and maintaining financial stability in the country.
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Question : The ___________ is the highest monetary authority in the country.
Option 1: Ministry of Finance
Option 2: Reserve Bank of India (RBI)
Option 3: State Bank of India (SBI)
Option 4: Central Government
Question : Small Industries Development Bank of India (SIDBI) is regulated by____________.
Option 1: Indian Bank
Option 2: Reserve Bank of India
Option 3: ICICI Bank
Option 4: State Bank of India
Question : Small Industries Development Bank of India (SIDBI) is regulated by ______.
Option 1: State Bank of India
Option 2: Indian Bank
Option 3: Reserve Bank of India
Question : The ___________ is responsible for the issue and supply of currency notes in India.
Option 1: Government of India
Option 3: Ministry of Finance
Option 4: State Bank of India (SBI)
Question : Who issues INR 10 notes in India?
Option 1: Reserve Bank of India
Option 2: State Bank of India
Option 3: Union Bank of India
Option 4: Central Bank of India
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