RBI Flashcards

1
Q

MONITORY POLICY COMMITTEE ORIGIN

A

SECTION 45ZB ( RBI ACT 1934 )

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2
Q

HOW MANY MEMBER MCO

A

6 MEMBER

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3
Q

EX OFFICIO CHAIRMAN

A

RBI GOVERNOR

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4
Q

HOW MANY PERSON APPOINTED BY CENTRAL

A

THREE

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5
Q

CONCEPT OF RBI IS BASED ON

A

DR AMBEDKAR BOOM - THE PROBLEM OF THE RUPPEE - ITS ORIGIN AND SOLUTION

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6
Q

CENTRAL BANKINF INSTITUTION WAS EASTABLISHED ON THE SUGGESTIONS OF

A

ROYAL COMMISSION ON INDIAN CURRENCY AND FINANCE - 1926

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7
Q

ROYAL COMMISSION ON INDIAN CURRENCY AND FINANCE IS ALSO KNOWN AS

A

HILTON YOUNG COMMISSION

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8
Q

IN …….YEAR RBI NATIONALISED

A

1949

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9
Q

IN 1949 RBI BECAME MEMBER OF …..

A

ASIAN CLEARING UNION

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10
Q

2 PRINTING PRESS OWNED BY GOVT.

A

NASIK (WEST INDIA)
DEWAS (CENTRAL INDIA)

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11
Q

2 PRINTING PRESS OWNED BY RBI

A

BHARATIYA RESERVE BANK NOTE MUDRAN LTD.

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12
Q

BHARATIYA RESERVE BANK NOTE MUDRAN SUBSIDIARY

A

MYSORE
SALBONI (AESTERN INDIA )

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13
Q

COINS MINTED UNDER GOVT. OF INDIA

A

MUMBAI
HYDERABAAD
CALCUTTA
NOIDA

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14
Q

CALCULATION OF CURRENCY IS WORK OF……

A

RBI

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15
Q

RBI IS CONTROLLED BY ….

A

CENTRAL BOARD OF DIRECTORS

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16
Q

CENTRAL BOARD OF DIRECTORS ARE APPOINTED FOR………terms

A

4 YEAR TERM

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17
Q

CENTRAL BOARD CONSISIT OF

A

SHAKTIKANTH DAS
2 DEPUTY GOVERNORS
2 FINIANCE MINISTRY 4 DIRECTORS LOCAL BOARD ( MUMBAI , KOLKATA ,NEW DELHI , CHENNAI)

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18
Q

EXECUTIVE HEAD OF RBI

A

GOVERNOR

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19
Q

GOVERNOR IS ACOMPANED BY ….

A

4 DEPUTY GOVERNOR

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20
Q

FIRST GOVERNOR OF RBI

A

OSBORNE SMITH

21
Q

FIRST GOVERNOR OF RBI INDIAN

A

CD DESHMUKH

22
Q

FIRST WOMEN DEPUTY GOVERNOR

A

K J UDESHI

23
Q

…… CRORE APPROVE TO PROMOTE PAYMENT USING RUPAY CARDS

A

2600 CR

24
Q

FUND WILL BE PAID TO BANKS IN THE VIE OF

A

MERCHANT DISCOUNT RATE

25
Q

DIGITAL PAYMENT HAS YEAR TO YEAR GROWTH OF -

A

59 PERCENT
(8840 CR - 2022)

26
Q

UPI (UNIFIED PAYMENT INTERFACE ) OPERATED BY

A

NATIONAL PAYMENT COPORATION OF INDIA

27
Q

INDIA AND …… MADE AGREEMENT TO SHARE UPI

A

SINGAPORE

BY RBI + MONETORY AUTHORITY OF SINGAPORE

28
Q

NPCI LAUNCHED UPI WITH ….MEMBER BANK IN

A

21 MEMBERS
2016

29
Q

NPCI INTERNATIONAL ARM

A

NPCI NATIONAL PAYMENT LTD .

IN UAE BHIM UPI ALONG WITH NEOPAY ENABLE PAYMENT

30
Q

GLOBALLY UPI IS ALSO ACEEPTED IN

A

BHUTAN AND NEPAL

31
Q

NPCI WAS ESTABLISHED BY

A

RBI AND INDIAN BANK ASSOCIATION( UNDER PAYMENT AND SETTLEMENT ACT 2007 )

UNDER NOT FOR PROFIT - SECTION 25 COMPANIES ACT 1956

NOW SECTION 8 OF COMANY ACT 2013

32
Q

HEADQUATER OF NPCI

A

MUMBAI

33
Q

UPI 123 PAY INTRODUCED IN….

A

MARCH 2022

34
Q

FIRST ATM WAS INTRODUCED IN

A

1987

35
Q

ATM WAS INVENTED IN

A

JOHN SHEPERD BARRON

36
Q

STROGEST CURRENCY IN THW WORLD

A

KUWAITI DINAR
$3.26

37
Q

THE FIRST RUPPEE WAS INTRODUCED by

A

SHER SHAH SURI

38
Q

FIRST PAPER NOTE

A

BANK OF HINDUSTAN

39
Q

RUPPEE SYMBOL INTRO

A

15 JULY 2010

COMBINATION OF DEVANAGIRI RA AND ROMAN CAITAL R

40
Q

SYMBOL OF RUPPEE IS DESIGNED BY

A

UDAYA KUMAR

41
Q

BIGGETS DENOMINATION NOTE EVER CREATED BY RBI

A

10000(1938) AND 1954

42
Q

FIRST OFFICIAL CURRENCY OF WORLD

A

LYDIAN STATER

43
Q

SECTION 22 OF RBI ACT

A

SOLE RIGHT TO ISSUE BANKNOTES

44
Q

THE COINAGE ACT 2011

A

DESIGN AND MINTCOINS - GOVERNMENT

45
Q

FOUR COIN MINTS OWNED BY GOVT.

A

MUMBAI
KOLKATA
HYDERABAD
NOIDA

46
Q

MAHATMA GANDHI SERIES NOTES

A

1996
2005 (20 RUPPEE)
2016(500, 2000)

47
Q

RBI HAS PERMITTED BANKS FROM …. COUNTRIES TO TRADE IN RUPPEE

A

EIGHTEEN

OPEN VOSTRO ACCOUNTS -

48
Q

DOMESTIC AND FORIGN AD BANKS IN ….CAES ARE FOR OPENING SRVAs OF BANKS FOR 18 NATIONS

A

60

49
Q

THE PROCESS OF SVRAs BEGAN IN

A

2022, JULY