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Who was the first Governor of RBI ?

A) CD Deshmukh
B) Sir James Taylor
C) PC Bhattacharya
D) Sir Osbornesmith

Correct Answer:




D) Sir Osbornesmith

Part of solved Currency Inflation questions and answers : General Knowledge >> Economy >> Currency Inflation

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Similar Questions

1). Which one the following is the proposed currency of the Gulf Cooperation Council (GCC)?

A). Khaleeji

B). Sucre

C). Minar

D). None of these

2). Consider the following statements
1.Good money is money that shows little difference between its face value of the coin and its commodity value.
2. Bad money is money that has a commodity value considerably less than its face value.
Which of the statements given above is/are correct?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

3). A foreign exchange agreement between two parties to exchange the principal and/or interest payments of a loan for equivalent aspects of an equal in net present value loan in the form of each other's currency is known as

A). debt swap

B). currency swap

C). interest swap

D). principal swap

4). Which of the following would include Foreign Direct Investment in India?
1. Subsidiaries of companies in India.
2. Majority foreign equity holding in Indian companies.
3. Companies exclusively financed by foreign companies.
4. Portfolio investment.
Select the correct answer using the codes given below

A). 1, 2, 3 and 4

B). 2 and 4

C). 1 and 3

D). 1, 2 and 4

5). Consider the following statements
1. Bank Rate is the rate at which RBI lends to the commercial banks through its discount window to help the banks meet depositor's demands and reserve requirements.
2. Bank Rate imposed by the RBI is stable and not changes with the market conditions.
Which of the statements given above is/are correct?

A). Only 1

B). Only 2

C). Both 1 and 2

D). Neither 1 nor 2

6). Consider the following kinds of credit controls
1. Minimum margins for lending against specific securities
2. Ceiling on the amounts of credit for certain purposes
3. Discriminatory rate of Interest charged on certain types of advances
Which of the credit controls given above are used by RBI as a selective credit control measures?

A). 1 and 2

B). 1 and 3

C). 2 and 3

D). All of these

7). After a gap of over 20 years, re.1 note has been released In the country and it bears the signature of

A). Finance Secretary

B). RBI Governor

C). Prime Minister

D). Speaker

8). Consider the following components
1. Notes in circulation
2. Circulation of rupee coins
3. Circulation of small coins
4. Cash on hand with banks
Which of the components given above is/are part of the currency with the public?

A). Only 2

B). 1, 2 and 3

C). 2, 3 and 4

D). All of these

9). Which one among the following is the total amount of money available in an economy at a specific time?

A). Near money

B). Narrow money

C). Money volume

D). Money stock

10). Which one of the following is the component of the deposit money with the public?

A). Demand deposits of banks

B). Time deposits with banks

C). Other deposits with RBI

D). Both 'a' and 'c'