1. Which of the following is one of the core functions of the Reserve Bank of India ?(A) To act as Tax collector of the Govt. of India
(B) Work as Banker to the Banks
(C) Help in finalization of the Union Budget
(D) Participate in annual meetings of the various financial institutes world wide
(E) None of these
Ans: (B)
2. Which of the following tools is used frequently by the RBI to control credit and monetary situations of the markets in the country ?(A) Cash Reserve Ratio (CRR)(B) Real Time Gross Settlement (RTGS)
(C) Balance of Trade
(D) Forward Rate Agreements
(E) Electronic Clearing Service
Ans: (A)
3. The National Social Security Fund (NSSF) launched with a corpus of Rs. 1000 crore will help which of the following groups of society ?(A) Bank Employees
(B) Central and State Government Employees
(C) Workers of the unorganized sectors(D) War widows
(E) Women employees engaged in textile industry
Ans: (C)
(B) Work as Banker to the Banks
(C) Help in finalization of the Union Budget
(D) Participate in annual meetings of the various financial institutes world wide
(E) None of these
Ans: (B)
2. Which of the following tools is used frequently by the RBI to control credit and monetary situations of the markets in the country ?(A) Cash Reserve Ratio (CRR)(B) Real Time Gross Settlement (RTGS)
(C) Balance of Trade
(D) Forward Rate Agreements
(E) Electronic Clearing Service
Ans: (A)
3. The National Social Security Fund (NSSF) launched with a corpus of Rs. 1000 crore will help which of the following groups of society ?(A) Bank Employees
(B) Central and State Government Employees
(C) Workers of the unorganized sectors(D) War widows
(E) Women employees engaged in textile industry
Ans: (C)