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11th Standard English Medium Commerce Subject Reserve Bank of India Book Back 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5

    Part I

    5 x 1 = 5
  1. Which bank has the power to issue Bank notes?

    (a)

    Central Bank

    (b)

    Commercial Bank

    (c)

    Co-operative Bank

    (d)

    Foreign Bank

  2. The Central Bank of India is

    (a)

    PNB

    (b)

    SBI

    (c)

    ICICI

    (d)

    RBI

  3. The Reserve Bank of India commenced its operations from April 1,

    (a)

    1936

    (b)

    1935

    (c)

    1934

    (d)

    1933

  4. Bankers are not only dealers of money but also leaders in 

    (a)

    Economic Development

    (b)

    Trade Development

    (c)

    Industry Development

    (d)

    Service Development

  5. Which of the following is not a function of a Central Bank?

    (a)

    Guiding and regulating the Banking system of a Country

    (b)

    Deal with general public

    (c)

    Acts essentially as Government banker

    (d)

    Maintains deposit accounts of all other banks

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