Tag Archives: rbi

Top 10 Tips for RBI Exam

Reserve Bank of India Selection Board (RBISB) conducts an examination for the recruitment of the candidates for various posts in the RBI. There are various levels of posts in the RBI such as Grade A and B officers for which exams and interviews are held.


RBI keeps interest rates unchanged at 6.50%

The Reserve Bank of India has kept it policy interest rate unchanged at 6.50% percent on Tuesday. Also, Rev Repo Rate (6%) and cash Reserve Ratio (4%) haven’t changed. RBI Governor Raghuram Rajan said inflationary pressure is a key concern. He added that April retail inflation was something that was not expected. The central bank


RBI should be allowed to take its own decision

RBI, which has full autonomy and support to the government, should be allowed to take its own decisions, an employee quoted RBI governor Rajan Saying. Nation’s top banker was addressing an in-house meeting of RBI employees in Odisha, where he is on a 3-day visit. Rajan said that as Indian economy is agriculture based, focus


Will make defaulters list public: RBI Governor Raguram Rajan

The Reserve Bank would soon make the list of willful defaulters available to public viewing, as revealed by Governor Raguram Rajan. He said they also plan to design a mechanism for out-of-court settlement for disputes related to sticky loans. He mentioned that all names wouldn’t be made public, as serious defaulters and those who forget


Heads of Financial Bodies in India

Here we listed out heads of financial bodies in india for all competitive examinations. 1. Governor of Reserve Bank of India–Raghuram Rajan 2. Chairman, 14th Finance Commission of India–Y.Venugopal Reddy 3. Chairman, Securities and Exchange Board of India (SEBI)–Upendra Kumar Sinha 4. Chairman, Insurance Regulatory and Development Authority of India–T. S. Vijayan 5. Chairman, 7th


Indian Economy GK Questions and Answers – Part 8

71. Since independence, both development and non-development expenditures have increased; the increase in the former being a little more than in the other. Non-development expenditure involves I. interest payments II. subsidies III. defence IV. irrigation A. I, II B. I C. I, II, III D. II, III, IV Answer: C. I, II, III 72. The


Indian Economy GK Questions and Answers – Part 5

41. The current price index (base 1960) is nearly 330. This means that A. all items cost 3-3 times more than what they did in 1960 B. the prices of certain selected items have gone up to 3-3 times C. weighted means of prices of certain item has increased 3-3 times D. gold price has


Indian Economy GK Questions and Answers – Part 4

31. Since 1983, the RBI’s responsibility with respect to regional rural banks was transferred to A. ARDC           B. SBI C. NABARD     D. PACs Answer: C. NABARD 32. Deficit financing implies A. printing new currency notes B. replacing new currency with worn out currency C. public expenditure in excess


Indian Economy GK Questions and Answers – Part 2

11. Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country? A. Reliance Energy B. Essar Oil C. GAIL D. ONGC Answer: B. Essar Oil 12. Since the inception of the co-operative movement, rural credits has been


Indian Economy General Knowledge Questions and Answers

This is the Part 1 general knowledge questions and answers section on “Indian Economy” with explanation for various interview, competitive examination and entrance test. Solved examples with detailed answer description, explanation are given and it would be easy to understand.  1. One of the reasons for India’s occupational structure remaining more or less the same


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