Nepal Rastra Bank Act, 2058 (2002) With MCQs [ NRB institutional Related MCQs ]

Anil Pandit
1



1. When was Nepal Rastra Bank (NRB) established?






2. Under which Act was NRB originally established?






3. What is one of the main objectives of the Nepal Rastra Bank as per the Nepal Rastra Bank Act, 2058 (2002)?






4. Which of the following is NOT one of the objectives of NRB mentioned in the introduction?






5. According to the introduction, why has the Nepal Rastra Bank Act been updated in 2058 (2002)?






6. What is the main reason NRB pursues sustained progress and reform of the financial sector?






7. Which of the following is NOT a function of NRB as mentioned in the introduction?






8. What document outlines NRB’s policies, strategies, and actions annually?






9. One of the objectives of NRB is to increase public confidence towards which sector?






10. Which act redefined the functions and objectives of Nepal Rastra Bank?






11. Who is the current Chairperson and Governor of the NRB?






12. When was Dr. Ram Prasad Ghimire appointed as a member of the NRB Board?






13. Which member of the NRB Board was appointed on March 9, 2021?






14. How many members were appointed to the NRB Board on May 20, 2022?






15. Who is the most recently appointed member of the NRB Board?






16. What is the appointment date of Mr. Maha Prasad Adhikari?






17. Who serves as the Secretary of the Ministry of Finance on the NRB Board?






18. Which of the following members was appointed on May 11, 2023?






19. What role does Mr. Bam Bahadur Mishra hold in the NRB?






20. Who serves as the Chairperson of the NRB Board?






21. How many Deputy Governors are members of the NRB Board?






22. Who appoints the Directors of the NRB Board?






23. In which fields should the Directors appointed by the Government of Nepal be renowned?






24. How many members constitute the Board of Directors in the Bank?






25. What is the vision of Nepal Rastra Bank?






26. The mission of Nepal Rastra Bank focuses on maintaining which type of stability?






27. Who was the first governor of Nepal Rastra Bank?






28. Who served as the NRB governor from 2010 to 2015?






29. Which governor had the shortest term in office?






30. Who was the NRB governor during the time of the first amendment to the NRB Act in 2006?






31. Who is the current governor of Nepal Rastra Bank as of 2024?






32. Which governor served immediately after Dr. Yadav Prasad Pant?






33. Who was the governor of NRB during the time of political changes in Nepal in the 1990s?






34. Which governor served during the transition into the 21st century, having a term that started in 2000?






35. Who was the governor of NRB when the second amendment to the NRB Act was made in 2016?






36. When was the Nepal Rastra Bank Act, 2058 (2002) authenticated and published?






37. Which of the following is the correct date of the First Amendment to the Nepal Rastra Bank Act?






38. What is one of the key objectives of Nepal Rastra Bank as per the Act?






39. When was the Nepal Rastra Bank (Second Amendment) Act passed?






40. According to the Preamble of the Act, what is the purpose of establishing Nepal Rastra Bank?






41. Which of the following amendments to the Nepal Rastra Bank Act was authenticated on January 21, 2010?






42. Who enacted the Nepal Rastra Bank Act, 2058 (2002)?






43. In which year was the Nepal Rastra Bank (First Amendment) Act passed?






45. What is the name of the Central Bank as established under the Nepal Rastra Bank Act, 2058 (2002)?






46. Under which Act was Nepal Rastra Bank initially established?






47. What type of body is Nepal Rastra Bank as per the Act?






48. Can Nepal Rastra Bank open branches and offices outside of Nepal?






49. What is one of the main objectives of Nepal Rastra Bank according to the Act?






50. Which of the following objectives focuses on the banking and financial sectors?






51. What does the Nepal Rastra Bank aim to develop according to the Act?






52. Which policy is mentioned as necessary for maintaining economic stability and sustainable development in Nepal?






53. Which of the following is a key function of Nepal Rastra Bank as mentioned in the Act?






54. What kind of policies is Nepal Rastra Bank responsible for formulating to maintain price stability?






55. Which of the following is one of the Bank's duties related to foreign exchange?






56. Which function of Nepal Rastra Bank involves acting as a banker, advisor, and financial agent?






57. Nepal Rastra Bank has the authority to issue licenses to which types of institutions?






58. What role does Nepal Rastra Bank play for commercial banks in times of financial distress?






59. Which of the following is related to the Bank's power in managing liquidity?






60. Which of the following functions is Nepal Rastra Bank not allowed to carry out?






61. Nepal Rastra Bank is prohibited from purchasing shares of which of the following institutions?






62. Which of the following is not a permissible activity for Nepal Rastra Bank under normal circumstances?






63. Under what condition can Nepal Rastra Bank acquire movable and immovable property?






64. Which of the following is one of the activities that Nepal Rastra Bank cannot engage in?






65. What is the maximum percentage of total capital that Nepal Rastra Bank can invest in institutions that help it achieve its objectives?






66. Nepal Rastra Bank is not allowed to acquire proprietary rights in which of the following sectors?






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  1. Q. No. 24
    ans C
    A Board of Directors consisting of seven members governs the NRB, which include Governor (Chairperson); Secretary to the Ministry of Finance of the GoN; Both Deputy Governors and three other board members appointed by the GoN.

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