Banking awareness questions on current affairs

Banking awareness questions on current affairs 1)   Who was the first governor of RBI? a. James Braid Taylor b. Mihir Sen c. Nagendra Singh d. Osborne Smith

2)   What does RBI regulate through Open Market Operation Transactions? a. Flow of Foreign Direct Investment b. Borrowing powers of the banks c. Inflation d. Liquidity in economy

3)   What is the most powerful tool used by the Reserve Bank of India to control inflation? a. Raise interest rates b. Raise current supply c. Reduce current supply d. Reduce interest rates

4)   Under whose chairmanship did RBI constitute a Working Group for making balance of payments manual? a. Anand Sinha b. Deepak Mohanty c. Harun Rashid Khan d. Kamalesh Chandra Chakrabarty

5)   Who regulates monetary policy? a. IRDA b. RBI c. SEBI d. SIDBI e. Finance Ministry

6)   Who was the first Indian Governor of RBI? a. C. D. Deshmukh b. Benegal Rama Rau c. R. K. Shanmukham Chetty d. K. G. Ambegaonkar

7)   Which is a tool that helps RBI to stabilize money supply and prices of Government securities? a. EOQ b. EPQ c. JIT d. OMO Ans 1. d    2. d   3.  a.   4.  b   5.  b   6  a  7.  d