UPPSC RO/ARO SAMARTH ECONOMY (RBI) QUIZ

Question 1:

Which of the following was the first event in the context of the economy of independent India?

Nationalization of Insurance Companies

Nationalization of State Bank of India

Enactment of Banking Regulation Act

Introduction of First Five Year Plan

Question 2:

The agency estimating the National Income of India is ?

R.B.I.

NITI Aayog

Ministry of Finance

Central Statistical Organization

Question 3:

Which of the following is not reflected by the financial stability report published by RBI?

Working capital stability

Macro financial risk

Cost of NPA

None of the above

Question 4:

Mastercard has been banned by RBI from issuing new Cards in india. Mastercard company belongs to which country ?

India

United States

France

Britain

Question 5:

Which of the following statements regarding the Reserve Bank of India is true ?

The Governor is appointed for a time period of five years

The Governor is appointed for a time period upto five years and can be re appointed

The Governor is appointed for three years and can be reappointed.

The Governor is appointed for a fixed Five Year Term and can not be reappointed

Question 6:

If RBI changes the Repo Rate, it will automatically lead to a change in which of the following monetary policy tools ?

1.RRR(Reverse Repo Rate)

2.SLR(Statutory Liquidity Ratio)

3.CRR(Cash Reserve Ratio)

Select the correct answer using the options given below.

2 and 3 only

1 only

1 and 3 only

None of the above

Question 7:

Who among the following launched the "Reserve Bank- Integrated Ombudsman Scheme 202" in virtual mode ?

Nirmala Sitaraman

Narendra Modi

Shaktikanta Das

V Anantha Nageswaran

Question 8:

RBI has tweaked norms for initiating Prompt Corrective Actions against banks. Which among the following is no longer liable to be identified for initiation of PCA under risk threshold 1 ?

Asset quality

Capital Adequacy

Return on assets

Leverage

Question 9:

Liquidity coverage ratio(LCR) is one of the criteria in the Basel III regulations. If it is high for a bank it means that the:

Bank is unable to pay off its debts

Bank has a large amount of liquid assets

Bank has kept a large amount of deposit with RBI

Bank is lending less than its potential assets

Question 10:

A soft currency is one that is expected to …………… in value relative to other currencies.

Reduce

Dynamic

Increase

Constant