Bank Term Questions For RBI Exams

Dear Reader,
Below are given different types of rates used in bank sector for your knowledge.

Question 1

The rate at which the Reserve Bank of India borrows money from other bank is called as ______ .
a) Repo rate
b) Reverse Repo Rate
c) Interest Rate

d) Cash Reserve Ratio Rate
Answer : b) Reverse Repo Rate

Question 2

Statutory Liquidity Ratio (SLR) is maintained by ______ .
a) RBI
b) Commercial Banks
c) Finance Ministry
d) None of these
Answer : a) RBI

Question 3

Inflation occurs when ______ .
a) there is decrease in the price of goods & services
b) the prices of goods are same for a long term
c) there is increase in the price of goods and services
d) None of these
Answer : c) there is increase in the price of goods and services

Question 4

Reference Rate and Base Lending Rate are the other names of ______ .
a) Cash Reserve Ratio
b) Interest Rate
c) Deposit Rate
d) Prime Interest Rate
Answer : d) Prime Interest Rate

Question 5

A foreign company purchasing the stock of Indian company is called as _____ .
a) Foreign Institutional Investor
b) Foreign Direct Investment
c) Foreign Indirect Investment
d) Foreign Stock Buyer
Answer : c) Foreign Indirect Investment

Question 6

IPO stands for ______ .
a) Initial Public Offering
b) Interest Public Offering
c) Initial Policy Offer
d) Initial Public Offer
Answer : a) Initial Public Offering

Question 7

Number of Deputy Governors in RBI is ______ .
a) 3
b) 5
c) 4
d) 6
Answer : c) 4