Macro

Money & Banking

Easy

Central Bank is a very important institution in a modern economy. Almost every country has one central bank. India got its central bank in ......

1935

1936

1934

1937

✅ Correct Option: 1

Option 1: 1935 -> The Reserve Bank of India (RBI), India's central bank, was established on April 1, 1935, in accordance with the provisions of the Reserve Bank of India Act, 1934. It was set up based on the recommendations of the Hilton Young Commission (1926). The RBI was initially privately owned but was nationalized in 1949. It serves as the banker to the government, regulates monetary policy, manages foreign exchange, and supervises the banking system in India. -> correct

2025: 2 June Shift 1

Arrange the following statements in sequential order.

(A) Rise in prices.

(B) Central Bank increases margin requirement.

(D) Aggregate demand falls.

Choose the correct answer from the options given below:

2025: 28 May Shift 2

The banks are required to keep some reserves in liquid form with the central bank. What are they called?

2025: 30 May Shift 2

Arrange the following in ascending order in respect of evolution of money.

(A) Coin exchanges.

(B) Barter exchanges.

(D) Paper currency.

Choose the correct answer from the options given below:

2026: 21 May Shift 2

Identify the correct money multiplier formula.

2025: 28 May Shift 1

The rate at which Reserve Bank of India gives loans to the commercial Bank for longer duration:

Repo Rate.
Reverese Repo Rate.
Bank Rate.
Saving Rate.

2026: 23 May Shift 1

Identify the liabilities of the commercial banks from the following:

Central Bank is a very important institution in a modern economy. Almost every country has one central bank. India got its central bank in ......

Solution

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