RBI Grade B
RBI Grade B is one of the most prestigious banking exams conducted by the Reserve Bank of India for recruitment of Grade B Officers. This section covers MCQs and study material on Economics & Social Issues (ESI), Finance & Management (FM), Quantitative Aptitude, Reasoning, English, and General Awareness. Ideal for both Phase-1 and Phase-2 exam preparation, these resources help aspirants strengthen concepts, improve accuracy, and boost overall performance. Suitable for freshers and working professionals aiming for a career with RBI.
Q3. Who appoints the Governor of RBI?
A. Parliament
B. Finance Minister
C. Prime Minister
D. Government of India
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Q4. Which department of RBI handles monetary policy?
A. DBS
B. MPD
C. FIDD
D. DoR
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Q5. Which committee recommended inflation targeting?
A. Narasimham Committee
B. Raghuram Rajan Committee
C. Urjit Patel Committee
D. Tarapore Committee
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Q6. The inflation target in India is set at?
A. 4% ±2%
B. 5% ±1%
C. 3% ±1%
D. 6% ±3%
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Q7. Who heads the Monetary Policy Committee (MPC)?
A. Finance Minister
B. RBI Governor
C. PM of India
D. Deputy Governor
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Q8. RBI regulates which financial market?
A. Foreign exchange market
B. Commodity market
C. Stock market
D. Insurance market
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Q9. What does CRR stand for?
A. Cash Reserve Ratio
B. Central Reserve Requirement
C. Credit Risk Ratio
D. Cash Return Rate
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Q10. What is the current financial year in India?
A. Jan–Dec
B. Apr–Mar
C. Jul–Jun
D. Oct–Sep
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Q11. Which act governs the functioning of RBI?
A. Companies Act
B. Banking Regulation Act
C. RBI Act 1934
D. SEBI Act
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Q12. Which rate is known as the policy rate?
A. CRR
B. SLR
C. Repo rate
D. MSF rate
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Q13. Reverse repo is used to?
A. Inject liquidity
B. Absorb liquidity
C. Control inflation directly
D. Control GDP
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Q14. What is the function of RBI?
A. Issue currency
B. Banker to banks
C. Banker to government
D. All of these
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Q15. Which of the following is NOT issued by RBI?
A. Coins
B. ₹10 notes
C. ₹100 notes
D. ₹500 notes
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Q16. Open Market Operations involve?
A. Buying and selling of securities
B. Deposits
C. Gold loans
D. Foreign travel
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Q17. MSF stands for?
A. Market Stabilization Fund
B. Marginal Standing Facility
C. Monetary Standard Facility
D. Market Settlement Fund
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Q18. Which index measures inflation in India?
A. CPI
B. NIFTY
C. IIP
D. GDP
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Q19. What is the current GDP base year for India?
A. 2004–05
B. 2011–12
C. 1999–2000
D. 2016–17
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Q20. What does SLR stand for?
A. Saving Lending Ratio
B. Statutory Liquidity Ratio
C. Standard Lending Rate
D. Stock Liquidity Ratio
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