New ! Commerce MCQ Practise Tests



11th Standard English Medium Commerce Subject Reserve Bank of India Creative 1 Mark Questions with Solution Part - II

11th Standard

    Reg.No. :
  •  
  •  
  •  
  •  
  •  
  •  

Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. In India, the supervisory and promotional functions for the promotion and development of Banking sector is in the hands of______________.

    (a)

    Reserve Bank of India

    (b)

    Banking Regulation Act

    (c)

    State Bank of India

    (d)

    NABARD

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

    (a)

    Indigenous bankers

    (b)

    Reserve Bank of India

    (c)

    Parliamentary committee

    (d)

    Indian Bank

  3. ____________is the rate at which bills are discounted and rediscounted by the banks with the central bank.

    (a)

    Cash reserve ratio

    (b)

    Variable cash reserve ratio

    (c)

    Bank rate

    (d)

    Open market operation

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

    (a)

    Government

    (b)

    Central Bank

    (c)

    State Bank Group

    (d)

    Indigenous bankers

  5. ____________is authorised to discharge the function of central clearance in the absence of RBI branch.

    (a)

    The Central Government

    (b)

    The State Bank of India

    (c)

    Punjab National Bank

    (d)

    ICICI

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

Reviews & Comments about 11th Standard English Medium Commerce Subject Reserve Bank of India Creative 1 Mark Questions with Solution Part - II

Write your Comment