The 'Reserve Bank of India' has how many regional offices? MCQ with Answer and Explanation

The 'Reserve Bank of India' has how many regional offices?
A. 19
B. 31
C. 10
D. 25
Answer: Option A
Solution (By JKSSB Mock Tests)
The RBI has 19 regional offices.

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Practice More Economy Set 1 Questions

Question #1
Which of the following is a feature of the monopolistic competition market structure?
A. Product differentiation and selling costs
B. Perfect knowledge and no advertising
C. Homogeneous product
D. Single seller

Correct Answer: Option A


Explanation:
Monopolistic competition is characterised by product differentiation, a large number of firms, free entry and exit, and significant selling costs.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Goods and Services Tax' rate on cinema tickets below Rs 100 is:
A. 18%
B. 5%
C. 12%
D. 28%

Correct Answer: Option C


Explanation:
Cinema tickets up to Rs 100 attract 12% GST.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Goods and Services Tax' is a consumption-based tax because it is levied at:
A. export stage
B. production stage only
C. import stage only
D. the point of supply for final consumption

Correct Answer: Option D


Explanation:
GST is a destination-based consumption tax levied at the point of supply.

This question belongs to: Economy GK Economy Set 1