Central Banking Quiz

Which of the following is the apex bank of the banking sector of an economy?

• Bank of England

• Federal Reserve System

• Central Bank

• Reserve Bank of India

The Reserve Bank of India was established in which year?

• 1969

• 1935

• 1934

• 1949

Evolution of central banking is a phenomenon of which century?

• 17th

• 16th

• 20th

• 18th

Which of the following is one of the important objectives of monetary policy of the RBI?

• Market dominance

• Profit maximization

• Customer satisfaction

• Price stability

The RBI was nationalized in the year?

• 1935

• 1934

• 1949

• 1969

The central bank of India started its operations in which year?

• 1934

• 1935

• 1949

• 1969

The RBI became operational in the year?

• 1935

• 1949

• 1969

• 1934

The central bank of the USA is called the?

• Bank of USA

• Federal Bank

• Federal Reserve System

• Reserve Bank of USA

The objective of economic growth is more important than price stability for the RBI. (True/False)

• False

• True

The Bank of England is the oldest Central bank in the world. (True/False)

• False

• True