RBI and FDI Confidence Index MCQ for RBI Grade B

Dear aspirants,
We are presenting you the RBI and FDI Confidence Index MCQ for RBI Grade B Finance Section of the exam.These questions will cover the topics such as RBI Central Board, FDI Confidence Index, FICCI etc which are very important from exam point of view. Also do read the answers provided at the end of quiz.

FDI Confidence Index MCQ

Q1. As per Union Budget 2018-19, what is the fiscal deficit target for 2018-19?

  1. 3.0%
  2. 3.3%
  3. 3.6%
  4. 3.9%

Q2. Which among the following is/are recently appointed as part-time non-official directors of RBI?

  1. Swaminathan Gurumurthy
  2. Satish Kashinath Marathe
  3. N Chandrashekhar
  4. Only 1 and 2

Q3. What is the tenure of Non-official directors of Reserve Bank of India?

  1. 2 years
  2. 3 years
  3. 4 years
  4. 5 years

Q4. What is the minimum number of meetings to be held by Central Board of Reserve Bank of India?

  1. Six
  2. Eight
  3. Ten
  4. Twelve
Gromo Referal

Q5. Under which section of RBI Act, the Reserve Bank of India transfers the surplus profit to government of India?

  1. Section 21A
  2. Section 47
  3. Section 35
  4. Section 22

Q6. When Federation of Indian Chambers of Commerce & Industry was established?

  1. 1927
  2. 1933
  3. 1948
  4. 1971

Q7. Which out of the following has maximum weightage among core sectors?

  1. Crude Oil
  2. Steel
  3. Electricity
  4. Petroleum refinery products

Q8. What is India’s ranking in FDI Confidence Index, 2018?

  1. 4th
  2. 11th
  3. 17th
  4. 21st

Q9. FDI Confidence Index is released annually by _________?

  1. Grant Thornton
  2. JLL
  3. T. Kearney
  4. IMF

Q10. Who tops the Foreign Direct Investment (FDI) Confidence Index, 2018?

  1. United States
  2. Canada
  3. Germany
  4. United Kingdom

Answers

  1. 2
  2. 4
  3. 3
  4. 1
  5. 2
    According to Section 47 of RBI Act, 1934: After making provision for bad and doubtful debts, depreciation in assets, contributions to staff and superannuation fund, the balance, of the profits shall be paid to the Central Government.
  6. 1
    Established in 1927, FICCI is the largest and oldest apex business organisation in India.
  7. 4
    Petroleum Refinery production (weight: 28.04%), Electricity generation (19.85%), Steel production (17.92%), Coal production (10.33%), Crude Oil production (8.98%), Natural Gas production (6.88%), Cement production (5.37%), Fertilizers production (2.63%).
  8. 2
  9. 3
  10. 1

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