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
Correct Answer: Reserve Bank of India
Solution : The correct option is the Reserve Bank of India.
On April 1, 1935, the Reserve Bank of India (RBI) was founded. It was established as the central banking body of the nation, with the responsibility of issuing and overseeing the Indian rupee and regulating the country's financial and monetary institutions. The Banker's Bank of India is the name given to it.
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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 : Which of the following is not an example of fiat money in India?
Option 1: INR 500 currency note
Option 2: INR 200 bank cheque
Option 3: INR 20 coin
Option 4: INR 10 coin
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 : 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
Question : Which among the following banks launched the "Gram Seva Program" across six states in India in October 2022?
Option 1: Industrial Credit and Investment Corporation of India
Option 2: Reserve Bank of India
Option 3: State Bank of India
Option 4: Housing Development Finance Corporation
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