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RBI Assistant Indian Prime Ministers — practice questions

Explore 17 free Indian Prime Ministers questions in RBI Assistant Banking Awareness. Open each question or exercise to read its content, reference answers and available explanation.

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Indian Prime Ministers questions and exercises with answers

Showing questions 1–17 of 17.

Money and banking bingoRead the answer and worked solution →Catch the RBI's monetary toolsRead the answer and worked solution →Complete the CRR definitionRead the answer and worked solution →Knock out the money mythsRead the answer and worked solution →Follow the money multiplierRead the answer and worked solution →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

Money and banking bingo

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Clues and terms
  1. Clue
    Exchange made without the mediation of money
    Item
    Barter
  2. Clue
    The commonly accepted medium of exchange
    Item
    Money
  3. Clue
    The wealth-carrying job money does
    Item
    Store of value
  4. Clue
    India's central bank, born 1935
    Item
    RBI
  5. Clue
    Percent of deposits kept as cash reserves
    Item
    CRR
  6. Clue
    The liquid-form ratio, statutory by name
    Item
    SLR
  7. Clue
    The RBI's rate for loans to commercial banks
    Item
    Bank Rate
  8. Clue
    No intrinsic value, yet cannot be refused
    Item
    Fiat money
  9. Clue
    Currency plus deposits, the narrow measure
    Item
    M1
Instructions
Read each call, tap its term on the board. Three in a line is bingo.
_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking' (leec103)_

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Catch the RBI's monetary tools

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Items
  1. Matches the category
    Yes
    Item
    CRR
  2. Matches the category
    Yes
    Item
    SLR
  3. Matches the category
    Yes
    Item
    Bank rate
  4. Matches the category
    Yes
    Item
    Open market ops
  5. Matches the category
    No
    Item
    Barter
  6. Matches the category
    No
    Item
    M1
  7. Matches the category
    No
    Item
    Fiat money
Category
RBI monetary tool
Instructions
Tap the arrows to move the basket. Catch the RBI's tools, let the rest fall.
_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking' (leec103)_

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Complete the CRR definition

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Missing parts
  1. Answer
    deposits
    Choices
    1. deposits
    2. loans
    3. profits
  2. Answer
    cash
    Choices
    1. cash
    2. gold
    3. bond
Complete the statement
CRR is the percentage of {0} which a bank must keep as {1} reserves.
Instructions
Tap each blank and pick the right word.
_Source: syllabus Introductory Macroeconomics, Ch 3 'Money and Banking' (leec103)_

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