McqMate
Sign In
Hamberger menu
McqMate
Sign in
Sign up
Home
Forum
Search
Ask a Question
Sign In
McqMate Copyright © 2025
→
Economics (CBCS)
→
Financial Institutions and Markets
→
Central Banks - RBI
→
Central Bank is a
Q.
Central Bank is a
A.
Commercial Bank
B.
Exchange bank
C.
Apex bank.
D.
Scheduled bank.
Answer» C. Apex bank.
3.2k
0
Do you find this helpful?
22
View all MCQs in
Financial Institutions and Markets
Discussion
No comments yet
Login to comment
Related MCQs
Which of the following is true that RBI as a banker to the government (i) Maintaining and operating deposit accounts of Central and State Governments. (ii) Receipt and collection of payments to the Central and State Governments. (iii) Making payments on behalf of Central and state Governments. (iv) Providing ways and means advances to the Central and State Governments.
Central Bank is an institution which is
In order to control credit and investment , the central bank of a country should
The Industrial Credit and Investment Corporation of India (ICICI) was established as a private sector development bank at the initiative of the World Bank in
The chairman of the Central Board of RBI is
The Reserve Bank of India was established on
On which commission’s recommendations; Reserve Bank of India was established?
Which of the following is true about the restrictions on RBI? (i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
Bank rate is decided by
Which of the following is not the function of Reserve Bank of India?