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Banking System and Capital Market MCQ Question with Answer

Banking System and Capital Market MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 8
Which of the following is the Banker of the Banks? [Railways 1995]

IDBI
SBI
RBI
SBI and RBI

Question No : 9
The main function of the Exim Bank is:

to help RBI in the regulation of foreign exchange
to prevent unlicensed transaction
to promote exports and curtail imports
to conserve foreign exchange

Question No : 10
A Scheduled Bank is one which is included in the: [CPO SI 2002]

II Schedule of Banking Regulation Act
II Schedule of Constitution
II Schedule of Reserve Bank of India Act
None of the above

Question No : 11
Participatory Notes (PNs) are associated with which one of the following?

Consolidated Fund of India
Foreign Institutional Investors
United Nations Development Programme
Kyoto Protocol

Question No : 12
EXIM Bank was set-up in :

1980
1982
1985
1986

Question No : 13
Regional rural banks:
1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections

1 and 3
2 and 3
1, 2 and 3
1 and 2

Question No : 14
Which of the following is not true about the Reserve Bank of India?

It regulates the currency and credit system of India
It maintains the exchange value of the rupee
Foreign exchange reserves are kept by RBI
One rupee notes and coins are issued by RBI