Question 1
What is the primary purpose of the repo rate set by the Reserve Bank of India?
Correct Answer:
To control inflation and regulate liquidity in the banking system
Question 2
Which of the following authorities regulates the capital markets and mutual funds in India?
Correct Answer:
Securities and Exchange Board of India (SEBI)
Question 3
What does the abbreviation 'KYC' stand for in the context of banking and finance operations?
Correct Answer:
Know Your Customer
Question 4
In which of the following years was the Reserve Bank of India (RBI) established?
Correct Answer:
1935
Question 5
What is the maximum deposit insurance coverage provided by the DICGC to a depositor in a single bank?
Correct Answer:
Rs 5,00,000
Question 1
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Prepare with the CBI Apprentice Practice Questions - Central Bank of India Apprentice Recruitment Exam practice quiz. This question bank includes 100 questions covering india, bank, banks, marks, and sitting. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CBI Apprentice Practice Questions - Central Bank of India Apprentice Recruitment Exam

This practice set contains 100 questions from the matching question bank and focuses on india, bank, banks, marks, and sitting. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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