Which of the following is available to banks to borrow overnight funds from RBI against the approved government securities? [A]Repo Rate [B]Bank Rate [C]Base Rate [D]Marginal Standing Facility...
What is the minimum bid under Liquidity Adjustment Facility? [A]1 Crore [B]2 Crore [C]5 Crore [D]10 Crore Show Answer 5 Crore Under the Liquidity Adjustment Facility, bids need...
Which of the following is NOT a correct statement with regard to Liquidity Adjustment Facility: [A]Only Government securities are used as collateral [B]Repo Inject liquidity in the system,...
Which of the following is the main objective of conductive Open Market Operations? [A]Adjust the capitalization of Banks [B]To contain current account deficit [C]To boost share markets [D]To...
What is the number of non-official directors in RBI? [A]12 [B]16 [C]18 [D]20 Show Answer 16 There are 16 non-official directors in RBI. Out of them, there are...
What is the retirement age of RBI Governor? [A]58 Years [B]60 Years [C]62 Years [D]65 Years Show Answer 62 Years For both Governors and Deputy Governors, the tenure...
Who appoints the governor of Reserve Bank of India? [A]President of India [B]Prime Minister of India [C]Central Government [D]Vice President of India Show Answer Central GovernmentRBI Governor and...
What is the maximum number of Official Directors in RBI’s Central Board of Directors? [A]One [B]Two [C]Four [D]Five Show Answer Five The Governor and Deputy Governors are the...
Which among the following is NOT a function of RBI? [A]To work as monetary authority and implement its Monetary Policy [B]To serve as issuer of bank notes [C]Serve...
When RBI provides Ways and Means Advances (WMA) to the state governments against collateral Government Securities; it is called? [A]Normal WMA [B]Special WMA [C]Statutory WMA [D]None of them...
