Updated:
1, RBI was established in 1935 on the basis of the recommendations of which commission?
Hilton Young Commission
2, Although originally privately owned, when did the Reserve Bank become wholly owned by the Government of India?
3, In which cities are the Reserve Bank Staff College and Agricultural Banking College, the training college for officers of the Reserve Bank of India located?
Chennai and Pune
4, Which former RBI governor became the Prime Minister of India?
Dr. Manmohan Singh
5, The Reserve Bank can issue as many currency notes as the country needs, provided there is a security deposit and how much of it should be a forex reserve?
₹200 crore out of which ₹85 crore should be in foreign exchange reserves
6, Apart from India, RBI has been the central bank for two of our neighbours. Name the countries.
Pakistan and Burma (now Myanmar)
7, Which is the highest denomination note printed by RBI? This happened in 1938 and 1954.
8, What is special about the letters ‘I, J, O, X, Y, and Z’ with reference to Indian currency notes?
They are not printed/painted on the number panel of the notes.
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