Question : Who amongst the following has never been the Governor of the Reserve Bank of India?
Option 1: D. Subbarao
Option 2: C. Rangarajan
Option 3: B.B. Battacharya
Option 4: Y.V.Ready
Correct Answer: B.B. Battacharya
Solution : Correct Answer is B.B. Battacharya
Indian economist and educator Barid Baran Bhattacharya was a pioneer in his field. He served as Jawaharlal Nehru University's vice chancellor. Bhattacharya was a renowned economist who was well-known throughout the world. He held significant affiliations with a number of institutions both inside and outside the nation.
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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
Question : Who is the governor of the Reserve Bank of India as of 2022?
Option 1: Urjit R. Patel
Option 2: D.Subbarao
Option 3: Shaktikanta Das
Option 4: Raghuram Rajan
Question : In India, _____fixes the Cash Reserve Ratio(CRR) for the banks in the economy.
Option 2: Ministry of Finance
Option 3: Ministry of External Affairs
Option 4: State Bank of India
Question : The rate at which the Reserve Bank of India lends to other commercial banks for the short term has been reduced. What is this rate called?
Option 1: Cash Reserve Rate
Option 2: Reverse Repo Rate
Option 3: Bank Rate
Option 4: Repo Rate
Question : In India, credit creation is done by:
A) Ministry of Finance
B) Reserve Bank of India
C) Commercial Banks
Option 1: Only C
Option 2: Only B
Option 3: All - A, B and C
Option 4: Only A
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