Coins related questions for RBI Grade B

Dear aspirants,
We are presenting you the coins related questions for RBI Grade B Finance Section of the exam. These questions will cover the topics such as Coins, BASEL-III guidelines, foreign exchange etc which are very important from exam point of view. Also do read the answers provided at the end of quiz.

Coins related questions

  1. Coins above what amount are called ‘rupee coins’ in India?
    1. 25 paise
    2. 50 paise
    3. 1 rupee
    4. 2 rupee
  2. According to Indian Coinage Act 2011, coins can be issued up to what denomination?
    1. Rs 50
    2. Rs 100
    3. Rs 500
    4. Rs 1000
  3. How many printing presses are there in India to print and supply the bank notes?
    1. 1
    2. 2
    3. 3
    4. 4
  4. How many denominations of coins are there in circulation?
    1. 4
    2. 5
    3. 6
    4. 7
  5. How many denominations of coins are there in circulation?
    1. 4
    2. 5
    3. 6
    4. 7
  6. How many designs of Rs 10 coins have been issued by RBI so far?
    1. 10
    2. 14
    3. 16
    4. 18
  7. By which date shall Indian banks have to comply with Basel-III guidelines?
    1. 31st March 2018
    2. 1st April 2018
    3. 31st March 2019
    4. 1st January 2019
  8. What is the international deadline to implement Basel-III regulations?
    1. 31st March 2018
    2. 1st April 2018
    3. 31st March 2019
    4. 1st January 2019
  9. According to BASEL-III guidelines, what should be the value of Net Stable Funding Ratio (NSFR) on an on-going basis?
    1. 100%
    2. 80%
    3. 60%
    4. 50%
  10. According to 30th half yearly report on management of foreign exchange reserves, what is the value of foreign exchange reserves of India?
    1. US $401.6 billion
    2. US $406.1 billion
    3. US $404.2 billion
    4. US $403.8 billion

Answers

  1. 3
    Coins of Rupee one and above are called ‘Rupee Coins’.
  2. 4
  3. 4
    Four printing presses print and supply banknotes. These are at Dewas in Madhya Pradesh, Nasik in Maharashtra, Mysore in Karnataka, and Salboni in West Bengal.
  4. 1
    Coins in circulation are 50 paise, 1, 2, 5 and 10 Rupee
  5. 4
    Notes in circulation are Rs. 5, 10, 20, 50,100, 500 and 2000
  6. 2
    So far the Reserve Bank has issued Rs 10 coins in 14 designs
  7. 3
    Basel III Capital Regulations for Indian banks will be fully phased in as on March 31, 2019
  8. 4
    Basel III Capital Regulations internationally agreed date is January 1, 2019
  9. 1
    NSFR should be equal to at least 100% on an ongoing basis
  10. 2

You may also like to read following MCQs for RBI Grade B exam: 

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