Table of Content

Start RBI Quiz of 31st May – 01st June 2021

Q.1) RBI has been able to transfer a higher amount than anticipated to the government as surplus this year around Rs.99,122 crores due to which of the following major reasons? 1.The losses on sale and redemption of rupee securities quadrupled. 2.The rise in Profits from the sale of foreign currency. 3.The increase in Non-interest income, which also includes profits from other activities.
Q.2) RBI’s Annual Report of 2020-21 talks about the bank frauds and the Majority of the frauds are in loan portfolios of banks i.e. about 99% of the total fraud is far from the advances category. Which of the following is incorrect about the status of bank frauds as per this report?
Q.3) According to RBI, the banknotes in circulation increased during 2020-21. Both the value and volume of banknotes in circulation increased. Which of the following was a major reason behind this rise?
Q.4) RBI sees a risk of bubble building in the domestic equity markets as prices of Risky assets surged across countries to record high levels during the year. The sharp rally in the domestic equity markets despite an estimated 8% contraction in GDP in 2020-21 poses the 'risk of a bubble'. Which of the following is the main driver behind the rising stock markets?
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About Anuj Jindal


Anuj Jindal, the founder, is an ex-manager from SBI, with an M.Com from Delhi School of Economics. He also has a JRF in Commerce & Management and NET in HRM, along with more than 4 years of experience in the field of Education.