11th Standard EM - Commerce - Reserve Bank of India

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Question - 1

Which bank has the power to issue Bank notes?

  • A Central Bank
  • B Commercial Bank
  • C Co-operative Bank
  • D Foreign Bank

Question - 2

The Central Bank of India is __________

  • A PNB
  • B SBI
  • C ICICI
  • D RBI

Question - 3

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

  • A 1936
  • B 1935
  • C 1934
  • D 1933

Question - 4

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

  • A Economic Development
  • B Trade Development
  • C Industry Development
  • D Service Development

Question - 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

Question - 6

A bank, which occupies a central position in the monetary and Banking System of the country and has a superior financial authority, is ______

  • A Central Bank
  • B Commercial Bank
  • C Exchange Bank
  • D Co-operative Bank

Question - 7

Custodian of foreign exchange is _____

  • A Bank of India
  • B IDBI
  • C Reserve Bank of India
  • D SBI

Question - 8

Clearing house of banks is ______

  • A Foreign Exchange bank
  • B Foreign Bank
  • C Reserve Bank of India
  • D Co-operative Bank

Question - 9

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

Question - 10

_____ is the nerve center of industry and commerce.

  • A Banking
  • B Transport
  • C Warehouse
  • D None of these