RBI GK Questions 2026

A person aggrieved by an order of SEBI may appeal to the Tribunal, which is provided for by the SEBI Act itself, and from the Tribunal a further appeal lies to the Supreme Court on a question of law.

The money market deals in short-term funds of up to one year, through treasury bills, commercial paper, certificates of deposit and call money, and the Reserve Bank regulates it as part of its control over credit and liquidity.

The Sensex was compiled backwards to 1978-79 and that year was given a base value of 100, so the index number states how many times the market value of its thirty constituents has grown since then.

The Sensex, or Sensitive Index, of the Bombay Stock Exchange is built from thirty large, well established and actively traded companies drawn from the main sectors of the economy, and it is weighted by free-float market capitalisation.

It was founded in 1875 as the Native Share and Stock Brokers’ Association, grew out of brokers meeting under a banyan tree in Bombay, and is the oldest stock exchange in Asia; it now stands on Dalal Street and its benchmark index is the Sensex.

SEBI first appeared in April 1988 as an administrative arrangement with no legal powers, and it became a statutory regulator when the Securities and Exchange Board of India Act was passed in 1992; the words quoted in the question are taken from the preamble of that Act, which speaks of…

The Reserve Bank of India, which began work on 1 April 1935 on the recommendation of the Hilton Young Commission, was also the central bank of Burma, then part of British India, and it stayed in that role until April 1947, a few months before India became independent.

The repo rate is the rate at which the Reserve Bank lends short-term money to banks against government securities. When inflation keeps rising, the Reserve Bank raises this rate, so banks borrow less and charge more on their own loans, spending and demand cool down and prices rise more slowly.

Statement I is right, because a government security, or G-Sec, is a tradeable debt instrument issued by the central government or by a state government and can be bought and sold in the secondary market before it matures.

The register is a central and regularly updated database of registered statistical units engaged in economic activity within a defined geographical territory, capturing businesses, enterprises and establishments, their key characteristics and the relationships between units.

Under the MoU its unit-wise data will be shared with the statistics ministry through application programming interfaces, and the two-way API will supply data for preparing the National Statistical Business Register.

The memorandum institutionalises a mechanism for sharing relevant data so that this register can be developed and strengthened, with unit-wise Udyam Registration data flowing to the statistics ministry through a two-way application programming interface to feed the National Statistical Business Register.

The correct answer is air transport, whose index stood at 87.8 after a fall of 8.4 per cent over July 2025, the only sub-sector in the release reading below hundred, which means activity was below its own base-year level.

The correct answer is administrative and support services, which posted the fastest growth of the nineteen sub-sectors against the same month a year earlier.

The Ministry of Statistics and Programme Implementation released the sub-sectoral trial Index of Services Production for the month in respect of nineteen broad sub-sectors, computed on the base year 2024-25.

The Section 138 timeline runs in three steps. The payee must give the drawer a written notice demanding payment within thirty days of receiving information from the bank that the cheque has been returned unpaid.

Section 22 of the Act provides that the maturity of a promissory note or bill of exchange payable after a stated period is the day on which the period ends, and that three days of grace are added in computing that date.

Section 130 provides that a person taking a cheque crossed 'not negotiable' shall not have, and shall not be capable of giving, a better title than the person from whom they took it had.

A bill of exchange, defined in Section 5 of the Negotiable Instruments Act, 1881, is an unconditional order in writing by which the drawer directs another person, the drawee, to pay a certain sum to or to the order of the payee.

The Reserve Bank of India directed that cheques, drafts, pay orders and banker's cheques would be payable for three months from the date of the instrument, with effect from 1 April 2012, cutting the earlier period of six months.