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Old 28th November 2016, 11:38 AM
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Default RBI Exam GK

I am preparing for RBI Grade B Exam. I have completed mathematics and English section of this exam and now want to start GK Section. So will you provide important notes for GK section of RBI Grade B Exam?
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Old 28th November 2016, 01:05 PM
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Default Re: RBI Exam GK

As you are looking for important notes for GK section of RBI Grade B Exam, so here I am giving important questions related to RBI that are asked in Exam:

RBI Grade B Witten Exam GK Important Questions

1. When did Reserve Bank of India (RBI) formed?
Answer: 1935 april 1

2. When did Reserve Bank of India (RBI) Nationalised ?
Answer: 1949

3. Where was the first Headquarters of Reserve Bank of India (RBI) ?
Answer: Kolkata

4. When did the Headquarters of Reserve Bank of India (RBI) moved to Mumbai ?
Answer: 1937

5. Who was the First Reserve Bank of India (RBI) Governor ?
Answer: Sir Osborne Smith

6. Who was the first Indian RBI Governor ?
Answer: C.D.Deshmukh

7. Which Commission recommended the formation of Reserve Bank of India (RBI) ?
Answer: Hilton Young Commission (Royal commission)

8. Which is the central bank in India ?
Answer: RBI

9. Which bank is known as Banker's Bank ?
Answer: Reserve Bank of India (RBI)

10. Who is the present Governor of RBI ?
Answer: Dr. Raghuram Rajan

11. Who introduced the Banking Ombudsman Scheme ?
Answer: Reserve Bank of India

12. What's the purpose of demat account ?
Demat account is a safe and convenient means of holding securities just like a bank account is for funds. Today, practically 99.9% settlement (of shares) takes place on demat mode only. Thus, it is advisable to have a Beneficiary Owner (BO) account to trade at the exchanges.

13. How does the Reserve Bank estimate the demand for banknotes?
The Reserve Bank estimates the demand for banknotes on the basis of the growth rate of the economy, the replacement demand and reserve stock requirements by using statistical models/techniques.

RBI Governors List

Sir Osborne Smith (01-04-1935 to 30-06-1937)

Sir James Taylor (01-07-1937 to 17-02-1943)

Sir C D Deshmukh (11-08-1943 to 30-06-1949)

Sir Benegal Rama Rau (01-07-1949 to 14-01-1957)

K G Ambegaonkar (14-01-1957 to 28-02-1957)

H V R Iengar (01-03-1957 to 28-02-1962)

P C Bhattacharya (01-03-1962 to 30-06-1967)

L K Jha (01-07-1967 to 03-05-1970)

B N Adarkar (04-05-1970 to 15-06-1970)

S Jagannathan (16-06-1970 to 19-05-1975)

N C Sen Gupta (19-05-1975 to 19-08-1975)

K R Puri (20-08-1975 to 02-05-1977)

M Narasimham (02-05-1977 to 30-11-1977)

Dr. I G Patel (01-12-1977 to 15-09-1982)

Dr. Manmohan Singh (16-09-1982 to 14-01-1985)

A Ghosh (15-01-1985 to 04-02-1985)

R N Malhotra (04-02-1985 to 22-12-1990)

S Venkitaramanan(22-12-1990 to 21-12-1992)

Dr. C Rangarajan (22-12-1992 to 21-11-1997)

Dr. Bimal Jalan (22-11-1997 to 06-09-2003)

Dr. Y V Reddy (06-09-2003 to 05-09-2008)

Dr. D. Subbarao (05-09-2008 to 04-09-2013)

Dr Raghuram Rajan (004-09-2013 to 04-09-2016)

Dr Urjit R. Patel (04-09-2016 to till today)

(Q.1) Hundred Rupee currency note in India, bears the signature of:
President of India
Governor of Reserve Bank of India (RBI)
Finance Minister
Cabinet Finance Secretary

(Q.2) What is the currency of Kazakhstan?
Tenge
Lira
Shekel
Riyal

(Q.3) Which among the following public sector banks does NOT have its headquarters in Karnataka?
Corporation Bank
Syndicate Bank
Indian Overseas Bank
Canara Bank

(Q.4) ‘International Literacy Day’ is observed on which date every year?
5th September
6th September
7th September
8th September

(Q.5) In context of Indian capital markets, what does abbreviation ‘IPO’ stand for?
Initial Public Offer
Initial Profit Offer
Initial Public Opportunity
Initial Profit Opportunity

(Q.6) Which among the following pairs of County-Capital is INCORRECT?
Portugal – Rome
Belgium – Brussels
Poland – Warsaw
Greece – Athens

(Q.7) Which among the following is the nearest definition of ‘financial inclusion’?
delivery offinancial services at affordable costs to sections of disadvantaged and low-income segments of society
providing housing and education at affordable costs to sections of disadvantaged and low-income segments of society
providing basic nutritional food at affordable costs to sections of disadvantaged and low-income segments of society
All of the above

(Q.8) Tehri Dam, which is the tallest dam in India is built on which river?
River Mahanadi
River Bhagirathi
River Alaknanda
River Nandakini

(Q.9) National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), has its headquarters at:
New Delhi
Mumbai
Hyderabad
Chennai

(Q.10) Process by which the monetary authority of a country controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency is referred to as:
Open Market Operations
Annual Budget
Convertibility Policy
Monetary Policy

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