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This section includes 5 Mcqs, each offering curated multiple-choice questions to sharpen your RRB Grade C Officer knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Loss of value of a country's currency with respect to one or more foreign reference currencies, is called as? |
| A. | Depreciation |
| B. | Devaluation |
| C. | Revaluation |
| D. | Inflation |
| Answer» B. Devaluation | |
| 2. |
Which of the following is the first payment bank of India? |
| A. | Paytm Payment Bank |
| B. | Airtel Payment Bank |
| C. | India Post payment bank |
| D. | Fino Payment bank |
| Answer» C. India Post payment bank | |
| 3. |
The GST Council, that takes all decisions regarding implementation of GST. The council is headed by? |
| A. | The Prime Minister of India |
| B. | The Finance Minister of India |
| C. | The Minister of State (MoS) of Finance |
| D. | The Governor of RBI |
| Answer» C. The Minister of State (MoS) of Finance | |
| 4. |
The bill for Insolvency and Bankruptcy Code was passed in? |
| A. | May 2015 |
| B. | Sept 2015 |
| C. | May 2016 |
| D. | Sept 2016 |
| Answer» D. Sept 2016 | |
| 5. |
Which of the following statement/s is/are correct about RBI’s monetary policy review of June 2018? The repo rate is increased to 6.25% from 6.0% earlier The reverse repo rate adjusted to 6.0%, and the marginal standing facility (MSF) rate to 6.50% The increase in the policy rate is due to increase in the inflation Projection for GDP growth for 2018-19 was increased to 7.5% |
| A. | Only statement A is correct |
| B. | Only statement A & B are correct |
| C. | Only statement A & C are correct |
| D. | Only statement A, B & C are correct |
| Answer» E. | |