SBI Associates Clerk/PO General Awareness Practice Paper

1. Which of the following is one of the major functions of the RBI ?
(A) Maintain India Investment Fund created by the Govt. of India
(B) Act as custodian of the foreign exchange reserves of the country
(C) Appoint (CEOs) of the foreign banks in India
(D) Appoint Finance Secretary to the Govt. of India
(E) Decide exchange rates of currencies like Yen, Yuan and Dollars
Ans : (B)

2. Who among the following is a regulator of financial/banking institutes / organizations in India ?
(A) Indian Bureau of Standards, (B) Life Insurance Corporation of India (LIC)
(C) Central Bureau of Investigation, (D) Institute of Chartered Accountants of India
(E) Reserve Bank of India (RBI)
Ans : (E)

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