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11th Standard English Medium Commerce Subject Reserve Bank of India Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    5 x 1 = 5
  1. Which bank has the power to issue Bank notes?

    (a)

    Central Bank

    (b)

    Commercial Bank

    (c)

    Co-operative Bank

    (d)

    Foreign Bank

  2. The Central Bank of India is __________

    (a)

    PNB

    (b)

    SBI

    (c)

    ICICI

    (d)

    RBI

  3. The Reserve Bank of India commenced its operations from April 1,____.

    (a)

    1936

    (b)

    1935

    (c)

    1934

    (d)

    1933

  4. Bankers are not only dealers of money but also leaders in ___________

    (a)

    Economic Development

    (b)

    Trade Development

    (c)

    Industry Development

    (d)

    Service Development

  5. Which of the following is not a function of a Central Bank?

    (a)

    Guiding and regulating the Banking system of a Country

    (b)

    Deal with general public

    (c)

    Acts essentially as Government banker

    (d)

    Maintains deposit accounts of all other banks

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