May 22, 2017

Reserve Bank of India - Banking Awareness for SBI, RBI, IBPS exams

Reserve Bank of India: Banking Awareness for SBI PO and Clerk, RBI Grade B Officers, IBPS PO and Clerk exams

Bank Rates and Ratios (as on 23 April 2019)

→ Repo Rate: 6%;
→ Reverse Repo Rate: 5.75%;
→ Bank rate: 6.25%;
→ Marginal Standing Facility Rate: 6.25%;
→ Cash Reserve Ratio: 4%;
→ Statutory Liquidity Ratio: 19%;

1. Who is the present governor of RBI? (updated on 23 April 2019)
2. Who are the four deputy governors of RBI at present? (updated on 23 April 2019)
3. In accordance of the provisions of which act was RBI established?
4. When was the central office of RBI permanently moved to Mumbai from Calcutta?
5. RBI is fully owned by _____.
6. When was RBI nationalised?
7. What are the functions of RBI as per the Preamble of the Reserve Bank of India?
8. Who appoints/nominates the board of RBI?
9. When was the Reserve Bank of India established?
10. Under whose guidance does RBI performs the function of financial supervision?
11. When was the Board for Financial Supervision constituted?
12. Board of Financial Supervision is chaired by  _____.
13. Audit Sub-Committee is a part of  _____.
14. What is the objective of possessing Monetary authority by RBI?
15. Who is the manager of the Foreign Exchange Management Act, 1999?
Reserve Bank of India - Banking Awareness for IBPS PO, Clerk mains, SBI, RBI Grade B, RBI Assistant IPPB Exams


1. Shaktikanta Das
2. Shri M K Jain; Shri N S Viswanathan; Dr. Viral V Acharya; Shri B P Kanungo
3. Reserve Bank of India Act, 1934
4. 1934
5. Government of India
6. 1949
7. → Regulate the issue of bank notes
    → Keeping of reserves to secure monetary stability
    → Operate the currency and credit system of the country
8. Government of India
9. April 1, 1935
10. Board for Financial Supervision
11. November 1994
12. Governor of RBI
13. Board for Financial Supervision
14. Maintaining price stability and ensuring adequate flow of credit to private sectors
15. Reserve Bank of India

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Banking Awareness #7 for SBI, RBI, SSC and UPSC exams

Banking Awareness for SBI PO, RBI Grade B, SSC CGL and UPSC Civil Services exams

1. What is the current Repo rate?
2. What is the current Cash Reserve Ratio?
3. What is the current Bank rate?
4. The rate at which Reserve Bank of India borrows money from Commercial banks is called _____.
5. Global Risks Report is released by  _____.
6. What is provided in the Global Risks report 2017?
7. What is the training programme for Indian small businesses by Google?
8. What is the chatbot service that allows the users to make payments through Facebook messenger introduced by HDFC bank?
9. What is the rank of India offering highest salaries to expats as per 2016 HSBC Expat Explorer Survey?
10. Which bank launched contactless card 'Wave n Pay'?
11. What is the India's first digital bank and is a fully digital and paper free bank?
12. What is the interest rate offered by Airtel Payments Bank on savings account deposits?
13. What is the e-wallet launched for cashless transaction in the local language of Assam?
14. What is the first warship to be equipped with its own dedicated ATM?
Banking Awareness for SBI PO, RBI Grade B, SSC CGL and UPSC Civil Services exams
15. Where was the 2017 World Economic Forum annual meeting held?

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1. 6.25%
2. 4%
3. 6.5%
4. Reverse Repo Rate
5. World Economic Forum
6. An outlook on threats facing the world
7. Digital unlocked
8. HDFC onchat
9. Third
10. Punjab National Bank
11. Airtel Payments Bank
12. 7.25 %
14. INS Vikramaditya
15. Davos, Switzerland
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