The Reserve Bank of India recently delayed launch of INR 10 plastic currency notes in five cities selected for their geographical and climatic diversity. Which of the following is among those cities ?

  • Shimla
  • Panaji
  • Shillong
  • Surat
  • Jaipur

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FDI in private banking sector of India is allowed up to :

Which of the following statements about New Development Bank BRICS,formerly referred to as BRICS Development Bank is correct?

1.The headquarters of the bank is situated at Moscow,Russia

2.K.V Kamath is the first president of the bank.

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One rupee notes and coins are issued by:-a. RBI b. Ministry of finance c. government of India d. SBIView Answer / Hide AnswerANSWER: c. government of India2. For general credit control in the economy, the RBI regulates:-a. bank rate b. open market operations c. the power to vary the reserve requirements of banks d. all of the above.View Answer / Hide AnswerANSWER: d. all of the above.3. Real time gross settlement benefits:-a. banks b. customers c. RBI d. a and b e. all of the above.View Answer / Hide AnswerANSWER: d. a and b4. Which of the following will fall under "retail banking"?a. personal loans to individuals b. vehicle loans c. home loans d. credit cards e. all of the above.View Answer / Hide AnswerANSWER: e. all of the above5. Fall in the value of currency in respect to other currencies is known as:-a. Deflationb. Devaluationc. Depreciationd. None of these.View Answer / Hide AnswerANSWER: c. Depreciation

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