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Economy MCQ practice free online · page 34

Questions from RRB, NTPC, Group D and JE past papers. Tap an option to check it instantly — every question shows the correct answer, and most carry the explanation the paper gave.

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  1. 331UPPSC2003EconomyEnglish

    Study the following statements with regard to Reserve Bank of India and select your answer from the codes given below. 1. It is the Apex Bank. 2. It regulates the money supply. 3. It gives loan to the business houses. 4. It supervises the operations of NABARD.

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    Correct option: A — 1 and 2

  2. 332HPSC2014EconomyEnglish

    Which among the following is a function of the Reserve Bank of India?

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    Correct option: B — Collecting and compilation of statistical information relating to banking and other financial sector

  3. 333UKPSC2011EconomyEnglish

    When the Reserve Bank of India was established?

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    Correct option: C — 1935

  4. 334MPPSC2012EconomyEnglish

    Which of the following Banks is the Central Bank of India?

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    Correct option: D — Reserve Bank of India

  5. 335UPPSC2010EconomyEnglish

    The headquarters of RBI is situated at

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    Correct option: C — Mumbai

  6. 336UPSC2001EconomyEnglish

    Consider the following statements regarding Reserve Bank of India. 1. It is a banks to the Central Government. 2. It formulates and administer monetary policy. 3. It acts as an agent of government in respect of India. 4. It handles the borrowing programme of Government of India. Which of these statements are correct?

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    Correct option: C — 1, 2, 3 and 4

  7. 337UPPSC2011EconomyEnglish

    Which one of the following statements is not correct?

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    Correct option: D — RBI was established in 1949

  8. 338UKPSC2014EconomyEnglish

    Which of the following is not a function of Reserve Bank of India?

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    Correct option: B — Regulation of foreign trade

  9. 339HPSC2014EconomyEnglish

    Who is the ‘lender of the last resort’ in the banking structure of India?

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    Correct option: B — Reserve Bank of India

  10. 340HPSC2014EconomyEnglish

    ..... is the official minimum rate at which the Central Bank of a country is prepared to rediscount approved bills held by the commercial banks.

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    Correct option: B — Bank rate

Economy practice — common questions

Page 34 of this set has 10 questions on it.

Are these Economy questions free to practise?
Yes. Every question on this page is free and needs no account. Create a free account only if you want your progress saved.
Where do these Economy MCQs come from?
They are taken from official past papers of Indian government recruitment exams such as RRB NTPC, RRB Group D and RRB JE, and each question keeps a reference to the exam it appeared in.
Are the questions available in Hindi?
Yes. Many papers are set in both languages, so a large share of these questions are available in Hindi. Use the language filter at the top of the page.
Do the questions show answers and explanations?
Every question shows the correct option. Where the source paper included a worked solution, the explanation is shown under "Show answer".