New ! Commerce MCQ Practise Tests

11th Standard Commerce Reserve Bank of India English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The Central Bank of India is

    (a)

    PNB

    (b)

    SBI

    (c)

    IClCI

    (d)

    RBI

  2. The Apex bank of India is ______

    (a)

    Reserve Bank of India

    (b)

    The Oriental Bank of India

    (c)

    The State Bank of India

    (d)

    Industrial Bank

  3. _____ industry is specified as priority sector by the RBI.

    (a)

    Small Scale

    (b)

    Large Scale

    (c)

    Agricultural

    (d)

    Medium

  4. The "Lender of the Last Resort" of all banks is ____________

    (a)

    SBI

    (b)

    ICICI

    (c)

    RBI

    (d)

    NABARD

  5. Which of the following is not correct?

    (a)

    One Rupee Note and all coins are issued by the Ministry of Finance

    (b)

    Currency Note are never printed outside India

    (c)

    Currency Notes are printed in Delhi, culcutta, and Mumbai

    (d)

    RBI in the sole authority for the printing and issue of all currency note in India except one rupee note.

  6. ______ was the first bank in India established in 1770

    (a)

    Audh Bank

    (b)

    Bank of Calcutta

    (c)

    Bank of Bombay

    (d)

    Bank of Hindustan

  7. Among global currencies, Indian rupee is given the code_________ .

    (a)

    INR

    (b)

    Rs.

    (c)

    NRI

    (d)

    IRN

  8. ____________sells and buys foreign exchange at rates fixed by the Government.

    (a)

    Commercial Banks

    (b)

    EXIM Bank

    (c)

    Reserve Bank of India

    (d)

    State Bank of India

  9. ____________is considered as the 'Lender of the last resort'.

    (a)

    Indigenous bankers

    (b)

    Reserve Bank of India

    (c)

    Parliamentary committee

    (d)

    Indian Bank

  10. During inflation the securities are sold in the market by the_____________.

    (a)

    Government

    (b)

    Central Bank

    (c)

    State Bank Group

    (d)

    Indigenous bankers

*****************************************

TN 11th Standard Commerce free Online practice tests

Reviews & Comments about 11th Standard Commerce Reserve Bank of India English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

Write your Comment