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Daily MCQ Quiz

1. Which of the following is not the function of the RBI?
2. Who issues one rupee notes in India?
3. The Reserve Bank of India (RBI) is India's central banking institution, which controls the monetary policy of the Indian rupee. Consider the following statements regarding RBI.
  1. Reserve Bank of India was established in April, 1935
  2. RBI's head quarter is in Delhi
  3. RBI has 4 Deputy Governors
  4. RBI is the custodian of the foreign currency in India
Select the Incorrect Statements using codes given below
4. Consider the following statements regarding Migration in India:
  1. In India, over the recent dacades, agrarian distress is the only reason of internal migration.
  2. The economic Survey 2017 estimates that the magnitude of inter-state migration in India was close to 9 million annually between 2011 and 2016.
Select the correct answer from above statements using codes below
5. Consider the following terms:
  1. Cash Reserve Ratio
  2. Repo Rate
  3. Bank Rate
Which of the term is used in the Formation of Monetary Policy?

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