RBI Grade B Exam- 2014-15 (Phase 1)

Who is current finance secretary of India ?

Which do section/act authorise RBI to issue note ?

What are mutilated currency ?

What are solied currency ?

Do RBI manage foriengn Exchange ? If Rbi does so,under which act  Rbi is authorised to do so .Why do RBI manage

foriengn Exchange ? How is foriengn Exchange managed ?

When were FERA and FEMA implemented ? What are differences between them ? Why was there shift from FERA to FEMA ?

Which system was adopted by RBI to issue note ? What is the system ?

What are objectives of RBI ?

Under which act was CRR constituted ?

Do all bank maintain CRR ? Who are exempted from this ?

On which basis is CRR maintained ?

In which account do CRR lie with RBI ?

What are all physical form of CRR ? What is current CRR ? What are interest rate on CRR ? Why is CRR required ? Should it be made zero ?

What is definition of CRR ? 

What do you mean by net demand ?


What do you mean by time liability ?

What is difference between liability and asset ?

Is deposited money in bank "Net Demand" ?

If deposited money in bank is net demad,What are the assets of bank ?

Is Fixed deposit account both time liablty and net demand ? What types of liabilities are these ?