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TOTAL QUESTION: 15
TOTAL TIME= 15 MIN
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Your results are here!! for" Subsidiaries of the Reserve Bank of India (RBI) "
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Question 1 of 14
1. Question
What is the primary purpose of Bharatiya Reserve Bank Note Mudran (BRBNM)?
Correct
BRBNM was set up by the RBI to print Indian currency notes and help meet the increasing demand for banknotes.
Incorrect
BRBNM was set up by the RBI to print Indian currency notes and help meet the increasing demand for banknotes.
Unattempted
BRBNM was set up by the RBI to print Indian currency notes and help meet the increasing demand for banknotes.
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Question 2 of 14
2. Question
When was Bharatiya Reserve Bank Note Mudran (BRBNM) established?
Correct
According to the provided content, BRBNM was established on February 3, 1995.
Incorrect
According to the provided content, BRBNM was established on February 3, 1995.
Unattempted
According to the provided content, BRBNM was established on February 3, 1995.
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Question 3 of 14
3. Question
What is the main purpose of the Deposit Insurance and Credit Guarantee Corporation (DICGC)?
Correct
DICGC safeguards bank depositors through deposit insurance and also guarantees credit facilities for financial institutions.
Incorrect
DICGC safeguards bank depositors through deposit insurance and also guarantees credit facilities for financial institutions.
Unattempted
DICGC safeguards bank depositors through deposit insurance and also guarantees credit facilities for financial institutions.
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Question 4 of 14
4. Question
What does deposit insurance provided by DICGC mean?
Correct
Deposit insurance means that if a bank fails, depositors can receive compensation up to a predefined limit.
Incorrect
Deposit insurance means that if a bank fails, depositors can receive compensation up to a predefined limit.
Unattempted
Deposit insurance means that if a bank fails, depositors can receive compensation up to a predefined limit.
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Question 5 of 14
5. Question
What is the main purpose of Reserve Bank of India Information Technology (ReBIT)?
Correct
ReBIT was set up to enhance RBI‘s IT systems and strengthen cybersecurity in the banking sector.
Incorrect
ReBIT was set up to enhance RBI‘s IT systems and strengthen cybersecurity in the banking sector.
Unattempted
ReBIT was set up to enhance RBI‘s IT systems and strengthen cybersecurity in the banking sector.
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Question 6 of 14
6. Question
Which of the following is an important role of ReBIT mentioned in the content?
Correct
ReBIT helps ensure strong cybersecurity measures for the Indian banking sector and enhances digital banking infrastructure.
Incorrect
ReBIT helps ensure strong cybersecurity measures for the Indian banking sector and enhances digital banking infrastructure.
Unattempted
ReBIT helps ensure strong cybersecurity measures for the Indian banking sector and enhances digital banking infrastructure.
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Question 7 of 14
7. Question
When was Indian Financial Technology and Allied Services (IFTAS) established?
Correct
The provided content states that IFTAS was established in February 2015.
Incorrect
The provided content states that IFTAS was established in February 2015.
Unattempted
The provided content states that IFTAS was established in February 2015.
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Question 8 of 14
8. Question
What is the main purpose of Indian Financial Technology and Allied Services (IFTAS)?
Correct
IFTAS provides IT solutions for banks and financial institutions and supports secure financial transactions and digital banking infrastructure.
Incorrect
IFTAS provides IT solutions for banks and financial institutions and supports secure financial transactions and digital banking infrastructure.
Unattempted
IFTAS provides IT solutions for banks and financial institutions and supports secure financial transactions and digital banking infrastructure.
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Question 9 of 14
9. Question
Which of the following is managed by IFTAS according to the provided content?
Correct
The content states that IFTAS manages SFMS, INFINET, and IBCC.
Incorrect
The content states that IFTAS manages SFMS, INFINET, and IBCC.
Unattempted
The content states that IFTAS manages SFMS, INFINET, and IBCC.
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Question 10 of 14
10. Question
From which organization did IFTAS take over INFINET, SFMS, and IBCC?
Correct
IFTAS took over INFINET, SFMS, and IBCC from the Institute for Development and Research in Banking Technology (IDRBT) in April 2016.
Incorrect
IFTAS took over INFINET, SFMS, and IBCC from the Institute for Development and Research in Banking Technology (IDRBT) in April 2016.
Unattempted
IFTAS took over INFINET, SFMS, and IBCC from the Institute for Development and Research in Banking Technology (IDRBT) in April 2016.
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Question 11 of 14
11. Question
Where is the Reserve Bank Innovation Hub (RBIH) located?
Correct
The provided content states that RBIH is located in Bengaluru.
Incorrect
The provided content states that RBIH is located in Bengaluru.
Unattempted
The provided content states that RBIH is located in Bengaluru.
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Question 12 of 14
12. Question
When was the Reserve Bank Innovation Hub (RBIH) launched?
Correct
According to the provided content, RBIH was launched on March 24, 2022.
Incorrect
According to the provided content, RBIH was launched on March 24, 2022.
Unattempted
According to the provided content, RBIH was launched on March 24, 2022.
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Question 13 of 14
13. Question
What is a key objective of the Reserve Bank Innovation Hub (RBIH)?
Correct
RBIH focuses on encouraging financial innovation, including support for innovative financial products and improved financial inclusion.
Incorrect
RBIH focuses on encouraging financial innovation, including support for innovative financial products and improved financial inclusion.
Unattempted
RBIH focuses on encouraging financial innovation, including support for innovative financial products and improved financial inclusion.
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Question 14 of 14
14. Question
What investment amount is mentioned for the Reserve Bank Innovation Hub (RBIH)?
Correct
The provided content states that the investment in RBIH was ₹100 crore.
Incorrect
The provided content states that the investment in RBIH was ₹100 crore.
Unattempted
The provided content states that the investment in RBIH was ₹100 crore.