question_answer1) Which of the following is not an apex institution?
A) SBI done clear
B) SIDBI done clear
C) NABARD done clear
D) State Cooperative bank done clear
E) None of these done clear
View Solution play_arrowA) Bank rate done clear
B) LAP done clear
C) Repo done clear
D) Reverse repo done clear
E) None of these done clear
View Solution play_arrowA) Selective Credit Control done clear
B) Credit Authorisation Scheme done clear
C) Moral Suasion done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer4) Bank rate means
A) the rate of interest charged by commercial banks on advances done clear
B) the rate at which commercial banks discount bills of exchange for their clients done clear
C) the rate of interest allowed by banks on the deposits done clear
D) the standard rate at which the Reserve Bank of India is prepared to buy or rediscount bills of exchange other commercial paper eligible for purchase under the Reserve Bank of India Act 1934 done clear
E) None of the above done clear
View Solution play_arrowA) CRR done clear
B) Fixed asset done clear
C) SLR done clear
D) PLR done clear
E) None of these done clear
View Solution play_arrowA) Liquidity Ratio done clear
B) SLR done clear
C) CRR done clear
D) Net Demand and Time Liability done clear
E) None of the above done clear
View Solution play_arrowquestion_answer7) The term 'Ways and Means' advances refers to
A) the advances allowed under DRI Scheme by commercial bank done clear
B) the advances allowed by commercial banks under Twenty Point Economic Programme done clear
C) the temporary advances made to the government by its bankers to bridge the interval between expenditure and the flow of receipts of revenues done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer8) Which of the following training establishment is not run by Reserve Bank of India?
A) Bankers Training College, Bombay done clear
B) College of Agricultural Banking, Pune done clear
C) NIBM done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) reduces the bank rate done clear
B) raises the bank rate done clear
C) permits the bank rate to be decided by market forces done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowA) bank rate done clear
B) open market operation done clear
C) the power to vary the reserve requirement of banks done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowquestion_answer11) The currency notes issued by RBI have a cent percent cover in
A) approved assets done clear
B) gold done clear
C) foreign exchange done clear
D) trustee securities done clear
E) None of these done clear
View Solution play_arrowA) Regulation of currency done clear
B) Control of credit done clear
C) Banker of the government/ banker's bank and lender of the last resort done clear
D) Accepting deposits and making loans and advances to public done clear
E) None of the above done clear
View Solution play_arrowquestion_answer13) Which of the following are the main functions of the Reserve Bank of India?
A) Granding licenses to commercial banks for opening branches in rural areas done clear
B) Accepting deposits from the public done clear
C) Regulating foreign exchange business done clear
D) Acting as note issuing authority/ bankers' bank and banker to the government done clear
E) None of the above done clear
View Solution play_arrowquestion_answer14) The Public Debt Office of the Reserve Bank of India
A) is a central depository for all types of Government securities except Treasury Bills done clear
B) attends to the function of note issue the Reserve Bank of India done clear
C) is responsible for maintaining external value of rupee done clear
D) controls balance of payment position of the Government of India done clear
E) None of the above done clear
View Solution play_arrow| I. Lowering or raising the discount and interest rates. |
| II. Raising the minimum support price of the major agro products. |
| III. Lowering or raising the minimum cash reserves maintained by the commercial banks. |
A) Only I done clear
B) Only II done clear
C) Only III done clear
D) Both I and III done clear
E) Both II and III done clear
View Solution play_arrowquestion_answer16) RBI's open market operation transactions are carried out with a view to regulate.
A) liquidity in the economy done clear
B) prices of essential commodities conflation done clear
C) borrowing power of the banks done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) Liquidity done clear
B) Liability done clear
C) Leveraged done clear
D) Longitudinal done clear
E) Linear done clear
View Solution play_arrowA) Monetary policy done clear
B) Fiscal policy done clear
C) Public distribution system done clear
D) Price control done clear
E) Financial inclusion done clear
View Solution play_arrowA) Inflation only done clear
B) Liquidity in economy done clear
C) Borrowing powers of the banks done clear
D) Flow of foreign direct investments done clear
E) None of these done clear
View Solution play_arrowquestion_answer20) Which of the following are decided by the Reserve Bank of India?
| I. Deposit rates |
| III. Base Rate |
| III. Prime Lending Rate |
A) Only I done clear
B) Only II done clear
C) Only III done clear
D) II and III done clear
E) None of these done clear
View Solution play_arrowA) Time deposit done clear
B) Saving bank done clear
C) Loan done clear
D) Fixed deposit done clear
E) Current done clear
View Solution play_arrowA) Regulation of banks in India done clear
B) Regulation of foreign direct investment in India done clear
C) Foreign currency management in India done clear
D) Control and supervision of money supply done clear
E) Currency management in India done clear
View Solution play_arrowquestion_answer23) RBI has introduced "Marginal Standing Facility" with the objective of
A) Controlling Inflation done clear
B) Containing instability in long term inter-bank rates done clear
C) Containing instability in the overnight inter-bank rates done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) To ensure that the bank loans / advances taken by the individuals/organisations are used only in those activities for which they are taken done clear
B) To ensure that money deposited in the bank has not come from unknown and unauthorised sources done clear
C) To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank done clear
D) To ensure that Indians do not go to a nation where they are being targeted for racial discrimination done clear
E) None of these done clear
View Solution play_arrowA) statutory liquidity ratio done clear
B) cash reserve ratio done clear
C) bank deposit done clear
D) reverse repo done clear
E) government securities done clear
View Solution play_arrowA) the parties can approach RBI when their limits are exhausted done clear
B) they are not able to get loans from other banks done clear
C) RBI meets directly or indirectly all their reasonable demands for financial accommodation subject to certain terms and conditions which constitute its discount rate policy. done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowA) Statutory Liquidity Ratio done clear
B) Cash Reserve Ratio (CRR) done clear
C) Statutory Reserve Ratio done clear
D) Cash Ratio done clear
E) None of these done clear
View Solution play_arrowA) interest rate done clear
B) repo rate done clear
C) reverse repo rate done clear
D) bank rate done clear
E) None of these done clear
View Solution play_arrowquestion_answer29) The bank rate is
A) free to fluctuate according to the forces of demand and supply done clear
B) set by the RBI done clear
C) set by the RBI is directed by the Union Ministry of Finance done clear
D) set by the RBI as advied by the Indian Banks Association done clear
E) set by the Government of India on the recommendation of the Planning Commission done clear
View Solution play_arrowquestion_answer30) The exchange rate in India is dependent upon
| 1. Government policy |
| 2. Demand-supply forces |
| 3. Monetary policy objectives |
A) Only 2 done clear
B) 2 & 3 done clear
C) 1 & 2 done clear
D) 1, 2 & 3 done clear
View Solution play_arrowquestion_answer31) Consider the following
| I. Bank Rate Policy |
| II. Open Market Operations |
| III. Devaluation of Rupee |
A) Only II done clear
B) Both I and II done clear
C) Both I and m done clear
D) Only III done clear
E) None of these done clear
View Solution play_arrowA) Bank Rate done clear
B) Repo Rate done clear
C) Statutory Liquidity Ratio done clear
D) Cash Reserve Ratio done clear
E) Pulse Rate done clear
View Solution play_arrowquestion_answer33) Prior approval (as also a license) of RBI is required for opening
A) personal banking branches done clear
B) merchant banking branches done clear
C) asset recovery branches done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer34) Who will act as the banker to the Government of India?
A) State Bank of India done clear
B) Reserve Bank of India done clear
C) NABARD done clear
D) Nationalised Banks done clear
E) Central Bank of India done clear
View Solution play_arrowquestion_answer35) Who decides on the quantity of coins to be minted?
A) The Government of India done clear
B) RBI done clear
C) SEBI done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer36) What is the animal of the insignia of the RBI?
A) Lion done clear
B) Tiger done clear
C) Panther done clear
D) Elephant done clear
E) Horse done clear
View Solution play_arrowquestion_answer37) Which of the following is NOT a source of funds of a commercial bank?
A) Capital done clear
B) Borrowings from RBI done clear
C) Call money done clear
D) Cash reserves with RBI done clear
E) None of these done clear
View Solution play_arrowA) Open and close done clear
B) Quantitative and Qualitative done clear
C) Monetary and fiscal done clear
D) Rural and urban done clear
E) None of these done clear
View Solution play_arrowquestion_answer39) When was Reserve Bank of India Nationalised?
A) 1947 done clear
B) 1948 done clear
C) 1949 done clear
D) 1952 done clear
E) 1960 done clear
View Solution play_arrowquestion_answer40) Generally, the minimum rate below which the banks do not lend is known as
A) floor rate done clear
B) repo rate done clear
C) highest rate done clear
D) base rate done clear
E) All of the above done clear
View Solution play_arrowA) 1990 done clear
B) 1991 done clear
C) 1992 done clear
D) 1993 done clear
E) None of these done clear
View Solution play_arrowquestion_answer42) CGTMSE stands for
A) Central Government Fund Trust for Medium and Small Enterprises done clear
B) Credit Guarantee Fund for Medium Size Enterprises done clear
C) Central Government Transfer Fund for Multispecialty Micro Enterprises done clear
D) Credit Guarantee Fund Trust for Micro and Small Enterprises done clear
E) None of these done clear
View Solution play_arrowquestion_answer43) What is the full form of 'CRR' as used in banking sector?
A) Crucial Reserve Rate done clear
B) Cash Reserve Ratio done clear
C) Compulsory Return Rate done clear
D) Credit and Reserve Ratio done clear
E) None of these done clear
View Solution play_arrowA) Cabinet Committee on Economic Affairs done clear
B) Reserve Bank of India done clear
C) NABARD done clear
D) Indian Banks' Association done clear
E) None of these done clear
View Solution play_arrowA) SEBI done clear
B) AMFI done clear
C) RBI done clear
D) ECGC done clear
E) SPCA done clear
View Solution play_arrowA) 12 days done clear
B) 15 days done clear
C) 21 days done clear
D) 30 days done clear
E) 25 days done clear
View Solution play_arrowquestion_answer47) Which of the following key rate has not been altered by RBI since 2003?
A) Bank rate done clear
B) Statutory liquidity ratio done clear
C) Cash reserve ratio done clear
D) Repo rate done clear
E) All of the above done clear
View Solution play_arrowquestion_answer48) Commercial bills market is a part of
A) organised money market done clear
B) unorganised money market done clear
C) stock market done clear
D) capital market done clear
E) None of these done clear
View Solution play_arrowquestion_answer49) Interest is usually paid on money market instruments
A) at maturity done clear
B) on request done clear
C) twice a year done clear
D) annually done clear
E) All of these done clear
View Solution play_arrowquestion_answer50) Government securities with terms of more than 1 year are called
A) government bonds done clear
B) treasury bills done clear
C) bills of exchange done clear
D) capital bills done clear
E) None of these done clear
View Solution play_arrowA) Capital Account Convertibility done clear
B) Financial Deficit Management done clear
C) Minimum Support Price done clear
D) Restrictive Trade practices done clear
E) None of the above done clear
View Solution play_arrowA) partial convertibility done clear
B) liberalised exchange rate system done clear
C) Either [a] or [b] done clear
D) Both [a] and [b] done clear
E) Neither [a] nor [b] done clear
View Solution play_arrowquestion_answer53) Borrower's ability to meet the immediate liabilities is indicated by
A) Current Ratio done clear
B) Acid Test Ratio done clear
C) Debt Equity Ratio done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) Bank Led done clear
B) Bank Mobile done clear
C) Mobile done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowquestion_answer55) Which of the following is/are known as banker's bank?
A) SBI done clear
B) NABARD done clear
C) RBI done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowA) Reserve Bank of India done clear
B) Bombay Stock Exchange done clear
C) Registrar of Companies done clear
D) Securities and Exchange Board of India done clear
E) All of the above done clear
View Solution play_arrowA) soft cash done clear
B) forex reserves done clear
C) gold done clear
D) liquid cash done clear
E) None of these done clear
View Solution play_arrowA) net demand and time liabilities done clear
B) demand liability done clear
C) time liability done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer59) Section 14 of Banking Regulation Act, 1949
A) prohibits a banking company from creating a charge upon any unpaid capital of the company done clear
B) contains a system of licensing of banks by the RBI done clear
C) provides that the subscribed capital of a banking company should not be less than one-half of its authorised capital done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer60) Objective of Monetary Policy of RBI is to
A) control inflation done clear
B) discourage loading of commodities done clear
C) encourage flow of credit into neglected sector done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer61) Which of the following statements is/are correct?
A) SEBI was established in 1988 done clear
B) It was made a fully autonomous body in 1992 done clear
C) It regulates the securities market and protect the interests of investors in securities done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) a bank done clear
B) an insurance company done clear
C) bank assurance done clear
D) mutual fund done clear
E) None of these done clear
View Solution play_arrowquestion_answer63) Which of the following rates is not decided by RBI?
A) Bank rate done clear
B) Repo rate done clear
C) Reverse Repo rate done clear
D) Base rate done clear
E) Cash Reserve Ratio done clear
View Solution play_arrowquestion_answer64) Association of National Exchange Members of India (ANMI) is a body consisting of
A) Bankers and SEBI done clear
B) SEBI and IBA done clear
C) Brokers Operating in the National Exchanges done clear
D) Bankers, SEBI, IBA and RBI done clear
E) None of these done clear
View Solution play_arrowquestion_answer65) Bank rate as fixed by RBI, means
A) rate of interest charged by banks from borrowers done clear
B) rate of interest on bank deposits done clear
C) rate of interest charged by RBI on its loans to banks done clear
D) rate of interest on inter-bank loans done clear
E) None of these done clear
View Solution play_arrow| I. To keep inflation under control. |
| II. To ensure that Indian rupee does not lose its market value. |
| III. To ensure that banks do not earn huge profits at the cost of public money. |
A) Only I done clear
B) Only II done clear
C) Only III done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowA) sale or purchase of government securities done clear
B) issuance of different types of bonds done clear
C) auction of gold done clear
D) to make available direct finance to borrowers done clear
E) None of these done clear
View Solution play_arrowquestion_answer68) Which of the following statements about the money market is/are true?
A) Not all commercial banks deal for their customers in the secondary market done clear
B) Money markets are used extensively by businesses both to warehouse, surplus funds and to raise short-term funds done clear
C) The single most influential participant in the US money market is the US Treasury Department done clear
D) Both [a] and [b] done clear
E) All of the above done clear
View Solution play_arrowA) Section 20 done clear
B) Section 22 done clear
C) Section 25 done clear
D) Section 28 done clear
E) Section 30 done clear
View Solution play_arrowA) To assume the responsibility meeting directly or indirectly all reasonable demands for accommodation done clear
B) To hold cash reserves of the commercial banks and make available financial accommodation to them done clear
C) To enjoy monopoly of the note issue done clear
D) To assume responsibility of all banking operations of the government done clear
E) The assume the responsibility of statistical analysis of data related to macro economy of India done clear
View Solution play_arrowA) IBA done clear
B) RBI done clear
C) Government of India done clear
D) IBRD done clear
E) Other than the given options done clear
View Solution play_arrowquestion_answer72) All venture Capital Funds must be registered with
A) RBI done clear
B) SEBI done clear
C) Registrar of Companies done clear
D) Either [a] or [b] done clear
E) None of these done clear
View Solution play_arrowA) Planning Commission done clear
B) Finance Ministry done clear
C) RBI done clear
D) National Advisory Council done clear
E) None of these done clear
View Solution play_arrowquestion_answer74) Which of the following statements is correct?
A) RBI is just like any ordinary commercial bank done clear
B) RBI is responsible for the overall Monetary Policy done clear
C) The Fiscal Policy of India is approved by RBI done clear
D) RBI has Deputy Chairman Planning Commission on its board done clear
E) None of these done clear
View Solution play_arrowquestion_answer75) The RBI is not expected to perform the function of
A) the banker to the government done clear
B) accepting deposit from commercial banks done clear
C) accepting deposit from commercial public done clear
D) issue of currency done clear
E) None of these done clear
View Solution play_arrowA) Customer Analysis and Savings Pattern done clear
B) Cost Appreciation and Selling Analysis done clear
C) Current Account and Savings Account done clear
D) Credit and Savings Aggregate done clear
E) None of these done clear
View Solution play_arrowquestion_answer77) Which of the following is/are functions of the RBI?
| I. Acts as the currency authority. |
| II. Controls money supply and credit. |
| III. Manages foreign exchange. |
| IV. Serves as a banker to the government. |
A) I and II done clear
B) II and III done clear
C) I, II and III done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowquestion_answer78) Quantitative instrument of RBI can be
A) Bank Rate Policy (BRP) done clear
B) Cash Reserve Ratio (CRR) done clear
C) Statutory Liquidity Ratio (SLR) done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer79) Which of the following acts govern the RBI functions?
A) RBI Act, 1934 done clear
B) Banking Regulation Act, 1949 done clear
C) Companies Act, 1956 done clear
D) Foreign Exchange Regulation Act, 1973 done clear
E) Foreign Exchange Management Act, 1999 done clear
View Solution play_arrowquestion_answer80) The bank rate means
A) rate of interest charged by commercial banks from borrowers done clear
B) rate of interest at which commercial banks discounted bills of their borrowers done clear
C) rate of interest allowed by commercial banks on their deposits done clear
D) rate at which RBI purchases or rediscounts bills of exchange of commercial banks done clear
E) None of the above done clear
View Solution play_arrowquestion_answer81) Banks borrow money from the RBI on which of the following rates?
A) Reverse repo rate done clear
B) Repo rate done clear
C) SLR done clear
D) CRR done clear
E) Savings rate done clear
View Solution play_arrowA) Sir Osbome Smith done clear
B) Sir James Taylor done clear
C) CD Deshmukh done clear
D) Sir Benegal Rama Rao done clear
E) KG Ambegaonkar done clear
View Solution play_arrowquestion_answer83) Headquarters of Reserve Bank of India is in
A) New Delhi done clear
B) Mumbai done clear
C) Kolkata done clear
D) Chennai done clear
E) Hyderabad done clear
View Solution play_arrowquestion_answer84) SEBI was established in
A) 1993 done clear
B) 1992 done clear
C) 1988 done clear
D) 1990 done clear
E) 1994 done clear
View Solution play_arrowquestion_answer85) In 1991, the SLR was as high as
A) 25% done clear
B) 30% done clear
C) 38.5% done clear
D) 39.5% done clear
E) 40% done clear
View Solution play_arrowA) physical done clear
B) dematerialised done clear
C) Either [a] and [b] done clear
D) centralised done clear
E) None of these done clear
View Solution play_arrowquestion_answer87) At which rate the RBI lends short-term money to the bank?
A) PLR done clear
B) CRR done clear
C) Repo rate done clear
D) Reverse repo rate done clear
E) None of these done clear
View Solution play_arrowquestion_answer88) When RBI acts as a baker to the government, what does it do?
A) RBI keeps bank accounts of the government done clear
B) RBI carries out government transactions done clear
C) RBI advises the government on all financial and monetary matters done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer89) A bank which acts as a banker of other banks is called
A) saving bank done clear
B) commercial bank done clear
C) investment bank done clear
D) development bank done clear
E) central bank done clear
View Solution play_arrowquestion_answer90) The Reserve Bank of India was set-up on the recommendations of the
A) Narasimham Committee done clear
B) Hilton-Young Commission done clear
C) Mahalanobis Committee done clear
D) Fazal Ali Commission done clear
E) None of the above done clear
View Solution play_arrowA) Hyderabad done clear
B) Bengaluru done clear
C) Mumbai done clear
D) Delhi done clear
E) Chandigarh done clear
View Solution play_arrow| I. Bank rate and repo rate |
| II. Reverse repo rate |
| III. CRR and SLR |
A) Only I done clear
B) Only II done clear
C) Only III done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowA) Repo rate done clear
B) Reverse repo rate done clear
C) Bank rate done clear
D) SLR done clear
E) CRR done clear
View Solution play_arrowquestion_answer94) RBI provides Ways and Means Advances (WMA) to
A) Central Government done clear
B) State Government done clear
C) Both done clear
D) None done clear
View Solution play_arrowA) Repo rate done clear
B) Reverse repo rate done clear
C) SLR done clear
D) Liquidity ratio done clear
E) None of these done clear
View Solution play_arrowA) Repo Rate done clear
B) Reverse Repo Rate done clear
C) Bank Rate done clear
D) SLR done clear
E) CRR done clear
View Solution play_arrowA) interest rate done clear
B) repo rate done clear
C) reverse repo rate done clear
D) bank rate done clear
E) All of the above done clear
View Solution play_arrowquestion_answer98) Reverse repo means
A) injecting liquidity by the Central Bank of a country through purchase of government securities done clear
B) absorption of liquidity from the market by sale of government securities done clear
C) balancing liquidity with a view to enhance economic growth rate done clear
D) improving the position of availability of the securities in the market done clear
E) All of the above done clear
View Solution play_arrowA) repo rate done clear
B) bank rate done clear
C) reverse repo rate done clear
D) prime lending rate done clear
E) None of these done clear
View Solution play_arrowquestion_answer100) RBI generally reviews the Monetary Policy after every
A) 3 months done clear
B) 6 months done clear
C) 9 months done clear
D) 10 months done clear
E) None of these done clear
View Solution play_arrowquestion_answer101) Which of the following rates is decided by the market conditions and not by RBI?
A) Bank rate done clear
B) SLR done clear
C) CRR done clear
D) Inflation rate done clear
E) None of these done clear
View Solution play_arrowquestion_answer102) An average citizen cannot open a Savings account in which of the following?
A) Commercial bank done clear
B) Post office done clear
C) Co-operative bank done clear
D) RBI done clear
E) None of these done clear
View Solution play_arrowA) New Demand and Tenure Liabilities done clear
B) Net Demand and Time Liabilities done clear
C) National Deposits and Total Liquidity done clear
D) Net Duration and Total Liquidity done clear
E) New Deposits and Term Liquidity done clear
View Solution play_arrowA) 60 days done clear
B) 12 days done clear
C) 30 days done clear
D) 45 days done clear
E) None of these done clear
View Solution play_arrowquestion_answer105) On which one of the following issues can SEBI penalise any company in India?
| I. Violation of Banking Regulation Act. |
| II. Violation of foreign portfolio investment guidelines. |
| III. For violation of Negotiable Instrument Act. |
A) Only I done clear
B) I, II, and III done clear
C) I and II done clear
D) II and III done clear
E) All of these done clear
View Solution play_arrowA) Less liquidity in the market done clear
B) More liquidity in the market done clear
C) No change in the liquidity in the market done clear
D) Mobilisation of more deposits by commercial banks done clear
E) None of these done clear
View Solution play_arrowA) IRDA done clear
B) RBI done clear
C) AMFI done clear
D) FRBI done clear
E) None of these done clear
View Solution play_arrowquestion_answer108) Which of the following is/are objective(s) of our Monetary Policy?
| I. To anchor inflation expectations. |
| II. To actively manage liquidity. |
| III. To maintain interest rate regime consistent with price output and financial stability. |
A) Only I done clear
B) Only II done clear
C) I and III done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowquestion_answer109) The Reserve Bank of India had diverted its stake in State Bank of India to
A) IDBI Bank done clear
B) LIC done clear
C) ICICI Bank done clear
D) Government of India done clear
E) None of these done clear
View Solution play_arrow| I. Misselling takes place when mutual funds are sold without telling the likely returns. |
| II. When agents sell the products without telling investors what are the risks involved in investing in mutual funds. |
| III. When agents invest somebody's money in mutual funds without their knowledge/ it is called misselling. |
A) Only I done clear
B) Only II done clear
C) Only III done clear
D) All of these done clear
E) None of these done clear
View Solution play_arrowA) Public Debt Division of the RBI done clear
B) American Express Bank done clear
C) RBI or any branch of a bank which is authorised for such business done clear
D) Ministry of Foreign Affairs done clear
E) None of these done clear
View Solution play_arrowA) NBFCs falling short of the stipulated minimum Net Owned Funds (NOF) were precluded from accepting public deposits done clear
B) An NBFC not having minimum credit rating as prescribed by RBI is not eligible to accept fresh deposits done clear
C) Ceiling on the quantum public deposits was related to the level of credit rating given by the approved credit rating agencies done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) It is kept as reserves of gold with RBI done clear
B) It is maintained as cash with RBI done clear
C) Each bank keeps the reserve in their respective head offices done clear
D) It is maintained as investments in government bonds done clear
E) None of these done clear
View Solution play_arrowA) Banks are required to keep the amount in approved government securities of the appropriate value done clear
B) The amount to be maintained in cash and securities with RBI done clear
C) The required amount is to be maintained in gold with RBI done clear
D) All of the above done clear
E) None of these done clear
View Solution play_arrowA) Raghurm Rajan done clear
B) Bimal Jalan done clear
C) Rakesh Mohan done clear
D) Kaushik Basu done clear
E) Y. V .Reddy done clear
View Solution play_arrowA) January - December done clear
B) April - March done clear
C) July - June done clear
D) October - September done clear
E) June-May done clear
View Solution play_arrowA) Bank rate done clear
B) Exchange rate of foreign currencies done clear
C) Repo rate done clear
D) Reverse repo rate done clear
E) Cash reserve ratio done clear
View Solution play_arrowA) RBI Act done clear
B) Banking Regulation Act done clear
C) Essential Commodities Act done clear
D) RBI and Banking Regulation Act done clear
E) None of these done clear
View Solution play_arrowquestion_answer119) Which one of the following tools is used by RBI for selective credit control?
A) It advises banks to lend against certain commodities done clear
B) It advises banks to recall the loans for advances against certain commodities done clear
C) It advises banks to charge higher rate of interest for advance against certain commodities. done clear
D) It discourages certain kinds of lending by assigning higher risk weights to loans it deems undesirable. done clear
E) None of these done clear
View Solution play_arrowA) RBI Act done clear
B) Banking Regulation Act done clear
C) Negotiable Instruments Act done clear
D) RBI and Banking Regulation Act done clear
E) None of these done clear
View Solution play_arrowA) No bank will be able to give loan to any patron at a rate lower than the Bank Rate. done clear
B) Bank should give loan to their priority sector customers/borrowers at the rate of 6.75% only. They cannot charge less or more than this from their priority sector clients. done clear
C) Banks are required to invest 6.75% of their total capital on financial inclusion and inclusive banking operations. done clear
D) Banks will be required to give 6.75% of their total deposits to the Govt. of India for meeting its Balance of Trade requirements. done clear
E) None of these done clear
View Solution play_arrowquestion_answer122) The rate on which banks borrow from the RBI is called.......
A) SLR done clear
B) CRR done clear
C) Interest Rate done clear
D) Bank Rate done clear
E) Repo Rate done clear
View Solution play_arrowA) Social Lending Ratio done clear
B) Statutory Liquidity Ratio done clear
C) Scheduled Liquidity Rate done clear
D) Separate Lending Rate done clear
E) None of these done clear
View Solution play_arrow| (1) To keep inflation under control. |
| (2) To ensure that Indian Rupee does not lose its market value. |
| (3) To ensure that Banks do not earn huge profits at the cost of public money. |
A) Only (1) done clear
B) Only (2) done clear
C) Only (3) done clear
D) All 1, 2 & 3 done clear
E) None of these done clear
View Solution play_arrowA) increase it done clear
B) decrease it done clear
C) no impact done clear
D) constant done clear
E) None of these done clear
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