Start learning →

IBPS RRB Office Assistant Indian National Movement — practice questions

Explore 12 free Indian National Movement questions in IBPS RRB Office Assistant Banking Awareness. Open each question or exercise to read its content, reference answers and available explanation.

Practise Indian National Movement with Quill →

Indian National Movement questions and exercises with answers

Showing questions 1–12 of 12.

Sort each item into narrow money or broad money.Read the answer and worked solution →Match each RBI instrument to what it does.Read the answer and worked solution →In each set, tap the item that does not belong.Read the answer and worked solution →True or false: statements on how the RBI moves money supply.Read the answer and worked solution →Work out the credit the banking system can create.Read the answer and worked solution →Tap every quantitative tool of monetary control.Read the answer and worked solution →Answer fast: money supply and RBI tools.Read the answer and worked solution →Match each function of moneyRead the answer and worked solution →Sort each item on a bank balance sheetRead the answer and worked solution →Order the rounds of credit creationRead the answer and worked solution →True or false: money and banksRead the answer and worked solution →Key in the banking numberRead the answer and worked solution →

Worked practice questions

Sort each item into narrow money or broad money.

Read exercise and reference answers
Items
  1. Item
    M1
    Category
    Narrow money
  2. Item
    M2
    Category
    Narrow money
  3. Item
    M3
    Category
    Broad money
  4. Item
    M4
    Category
    Broad money
  5. Item
    Most liquid measure
    Category
    Narrow money
  6. Item
    Aggregate monetary resources
    Category
    Broad money
Categories
  1. Item
    Narrow money
  2. Item
    Broad money
Instructions
Tap an item, then tap the group it belongs to.
M1 and M2 are narrow money; M3 and M4 are broad money. The four run in decreasing order of liquidity, so M1 is the most liquid and M4 the least. M3, the most commonly used measure, is also called aggregate monetary resources.

Open this exercise →

Match each RBI instrument to what it does.

Read exercise and reference answers
Matching pairs
  1. Left
    Repo
    Right
    RBI lends to banks
  2. Left
    Reverse repo
    Right
    RBI absorbs funds
  3. Left
    CRR
    Right
    Cash kept as reserves
  4. Left
    SLR
    Right
    Liquid reserves held short term
  5. Left
    Bank rate
    Right
    Rate RBI charges banks
  6. Left
    Open market operations
    Right
    Buying or selling bonds
Instructions
Match each instrument to its effect.
Repo injects funds against securities with an agreed resale reverse repo withdraws them. CRR is the cash share of deposits SLR is the short-term liquid reserve on top. The bank rate is what the RBI charges banks for loans, and open market operations move money by trading government bonds.

Open this exercise →

In each set, tap the item that does not belong.

Read exercise and reference answers
Questions
  1. Explanation
    Moral suasion is a qualitative tool; the other three are quantitative.
    Items
    1. CRR
    2. Bank rate
    3. Moral suasion
    4. Open market operations
    Odd item
    Moral suasion
  2. Explanation
    Income tax collection is not an RBI function.
    Items
    1. Issuing currency
    2. Banker to government
    3. Custodian of forex
    4. Collecting income tax
    Odd item
    Collecting income tax
  3. Explanation
    The first three are functions of money.
    Items
    1. Source of interest
    2. Medium of exchange
    3. Unit of account
    4. Store of value
    Odd item
    Source of interest
Instructions
Tap the odd one out in each round.
Quantitative tools change the overall quantity of money: CRR, bank rate and open market operations. Qualitative tools such as moral suasion and margin requirements steer the direction of lending instead. The RBI issues currency, banks for the government and holds forex reserves, but it does not collect taxes.

Open this exercise →

How to practise

  1. Choose a Indian National Movement question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Banking Awareness topics

RBI BasicsNPA & RecoveryBanker-Customer RelationshipNegotiable Instruments ActRBI Act & BR ActMonetary PolicyBasel Norms & CapitalFinancial Institutions