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Banking, Currency Mcq Questions

General Knowledge
9. The basic regulatory authority for mutual funds and stock markets lies with the
 
  • A. Reserve Bank of India
  • B. Stock Exchanges
  • C. Securities and Exchange Board of India
  • D. Government of India
Answer: C.
Securities and Exchange Board of India
 
10. Banks in India were nationalised for the first time in the year
 
  • A. 1950
  • B. 1960
  • C. 1969
  • D. 1979
Answer: C.
1969
 
 
11. Nationalisation of banks was done with the purpose of
 
  • A. Financing the industries
  • B. Consolidating the economy
  • C. Improving credit facilities
  • D. Improving security of deposits
Answer: B.
Consolidating the economy
 
12. Who is responsible for the collection and publication of monetary and financial information?
 
  • A. Reserve Bank of India
  • B. Finance ministry
  • C. Finance Commission
  • D. Auditor and Comptroller General of India
Answer: A.
Reserve Bank of India