1.	Currency printing press of India is NOT located in ___ ?
	Dewas
	Kochi
	Mysore
	Salboni
	Answer: Kochi Explanation: All Indian currency notes are printed in the RBI’s currency printing press centers. In current time there are four currency printing press in India worked under RBI. These are Currency Note Press, Nashik (Maharashtra) Bank Note Press, Dewas(Madhya Pradesh) Bharatiya Reserve Bank Note Mudran Pvt. Ltd. Maysor (Karnatak) Salboni (West Bengal)
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2.	he Banking Regulation Act was passed in India in ________ ?
	1949
	1974
	1965
	1951
	Answer: 1949 Explanation: The Banking Regulation Act, 1949 is a legislation in India that regulates all banking firms in India. Passed as the Banking Companies Act 1949, it came into force from 16 March 1949 and changed to Banking Regulation Act 1949 from 1 March 1966.
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3.	Which of the following banks was authorised to issue Electoral Bonds ?
	State Bank of India
	HDFC Bank
	ICICI Bank
	Corporation Bank
	Answer: State Bank of India Explanation: At 29 authorised Branches of SBI were allowed to use and encash the electoral bonds in the months of March, April and May 2019.
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4.	Which committee was appointed to give a detailed report on the Non Performing Assets of the Public Sector Banks ?
	Malegam Committee
	Srikrishna Committee
	Pannir Selvam Committee
	Mandal Committee
	Answer: Pannir Selvam Committee Explanation: The Pannir Selvam Committee was appointed to provide a detailed explanation on the non performing assets NonPerforming Assets is a loan according to the Reserve bank of India that is overdue from more than 90 Days.
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5.	The rate of interest on which commercial banks borrow money from RBI to meet their short term credit needs is known as ?
	Sub- Prime Lending Rate
	Statutory Lending Rate
	Prime Lending Rate
	Bank Rate
	Answer: Bank Rate Explanation: A bank rate is the interest rate at which a nation's central bank lends money to domestic banks, often in the form of very short-term loS ol. Managing the bank rate is a method by which central banks affect economic activity.
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6.	Who among the following was NOT a Governor of the Reserve Bank of India ?
	Manmohan Singh
	Sunil Arora
	Urjit Patel
	Raghuram Rajan
	Answer: Sunil Arora Explanation: Sunil Arora is the current and 23rd Chief Election Commissioner of India. He is also the chairman for Association of World Election Bodies.
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7.	Who acts as Banker to the Indian Government ?
	International Monetary Fund
	Reserve Bank of India
	World Bank
	State Bank of India
	Answer: Reserve Bank of India Explanation: Reserve Bank of India is known as the Banker’s bank. It is the bank from which the Government borrows during the time of deficit. RBI also has the responsibility to maintaining the monetary policies and currency printing throughout the India
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8.	Which of the following is not considered as a valid currency ?
	Gold
	Demand Draft
	Currency
	Coin
	Answer: Gold Explanation: Demand draft, Currency coin all are the legal form of currency. Even though gold is no longer used as a primary form of currency in developed nations, it continues to have a strong impact on the value of those currencies.
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9.	Which central institution in India monitors and regulates agricultural credit ?
	SEBI
	NABARD
	IRDA
	RBI
	Answer: NABARD Explanation: NABARD is an Development Bank authorised for providing and regulating credit and other facilities for the promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promote integrated rural development and prosperity and for matters connected therewith.
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10.	What is the minimum amount which can be remitted through Real Time Gross Settlement (RTGS) ?
	Rs 2,00,000
	Rs 1,00,000
	Rs 5,00,000
	Rs 3,00,000
	Answer: Rs 2,00,000 Explanation: The RTGS system is primarily meant for large value transactions. The minimum amount to be remitted through RTGS is Rs 2 lakh. The maximum limit is Rs 10 lakh per day.
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