MCQ - Reserve Bank of India CA Foundation Notes | EduRev

Economics for CA CPT

Created by: Aditi Mittal

CA Foundation : MCQ - Reserve Bank of India CA Foundation Notes | EduRev

 Page 1


CPT Section C General Economics Chapter 8 Unit 3 
The Reserve Bank of India. 
CA Shweta Poojari 
Page 2


CPT Section C General Economics Chapter 8 Unit 3 
The Reserve Bank of India. 
CA Shweta Poojari 
MCQ’s 
Page 3


CPT Section C General Economics Chapter 8 Unit 3 
The Reserve Bank of India. 
CA Shweta Poojari 
MCQ’s 
a.Providing cheap rediscounting 
facilities to commercial banks 
b.Providing liberalised 
rediscounting facilities to 
commercial banks 
c.Giving subsidies to new banks 
d.All of the above 
Answer:d 
Page 4


CPT Section C General Economics Chapter 8 Unit 3 
The Reserve Bank of India. 
CA Shweta Poojari 
MCQ’s 
a.Providing cheap rediscounting 
facilities to commercial banks 
b.Providing liberalised 
rediscounting facilities to 
commercial banks 
c.Giving subsidies to new banks 
d.All of the above 
Answer:d 
a. RBI Act, 1934 
b. Banking Regulation Act, 
1949 
c. Both RBI Act 1934 and 
Banking Regulation Act 1949 
d. Banking Regulation Act, 
1960 
Answer:
C 
Page 5


CPT Section C General Economics Chapter 8 Unit 3 
The Reserve Bank of India. 
CA Shweta Poojari 
MCQ’s 
a.Providing cheap rediscounting 
facilities to commercial banks 
b.Providing liberalised 
rediscounting facilities to 
commercial banks 
c.Giving subsidies to new banks 
d.All of the above 
Answer:d 
a. RBI Act, 1934 
b. Banking Regulation Act, 
1949 
c. Both RBI Act 1934 and 
Banking Regulation Act 1949 
d. Banking Regulation Act, 
1960 
Answer:
C 
a. It can bring about compulsory 
amalgamation of weak banks 
b. It can claim for compulsory 
liquidation 
c. It can expedite winding up of 
proceedings to safeguard the interest of 
depositors 
d. All of the above 
Answer:d 
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