Consider the following statements:
1. ICICI Bank is the largest private sector bank in India.
2. Postal life Insurance is the oldest life insurance organization in India.
Which of the statements give above is/are correct? [IAS 2005]
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Correct Answer :
D. Neither 1 nor 2
Related Questions
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008]
Self-Regulatory Organisations
Small Revenue Operators
Securities Roll-back Operators
Securities Regulatory Organisations
The largest Public Sector Bank in India is: [CDS 1991]
Central Bank
State Bank of India
Punjab National Bank
Indian Overseas Bank
The Reserve Bank of India issues:
all the currency notes
all the currency notes except the one rupee note
all the currency notes except the hundred rupee note
only notes of Rs. 10 and above
What is the animal on the insignia of the RBI ? [CPO SI 2002]
Lion
Tiger
Panther
Elephant
The oldest stock exchange of India is :
Bombay Stock Exchange
Ahmedabad Stock Exchange
Bangalore Stock Exchange
Hyderabad Stock Exchange
In some parts of India, farmers face acute distress because of heavy burden of debt from non-institutional renders. Who can be called a non-institutional lender? [RBI Grade B Officer 2011]
Small Banks
Grameen Banks
Credit Cooperative Societies
Money Lenders
The central banking functions in India are performed by the: [CPO AC 2003]
Central Bank
State Bank of India
Reserve Bank of India
Both b. and c.
A crossed cheque is one, which can be encashed only: [IFS 1991]
by the drawee
through a bank,
at the State Bank of India
after it has been transferred to another person
EXIM Bank was set-up in :
1980
1982
1985
1986
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011]
Commercial Banks
Cooperative Banks
Regional Rural Banks
Microfinance Institutions
Who is responsible for the collection and publication of monetary and financial information?
Finance Commission
Finance Ministry
Reserve Bank of India
Auditor and Comptroller General of India
Which one of the following Indian banks is not a nationalized bank? [IAS 2006]
Corporation Bank
Dena Bank
Federal bank
Vijaya Bank
Which of the following is not an affiliate of the Reserve Bank of India?
Unit Trust of India
The Industrial Development Bank of India
Agricultural Refinance Corporation
Deposit Insurance Corporation
For regulation of the Insurance Trade in the country the Government has formed: [UP PCS 2002]
SEBI
Reserve Bank of India
Insurance Regulatory and Development Authority
General Insurance Corporation
Which of the following is called a 'banker's cheque' ? [CDS 2002]
Demand draft
Debit card
Pay order
Fixed deposit
The difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994]
a bank interacts directly with customers while an NBFI interacts with banks and governments
a bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises
a bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies
a bank's main interest is to help in business transactions and saving/investment activities while an NBFl's main interest is in the stabilisation of the currency
Which of the following are the functions of the Central Bank of India? [Railways 1992]
1. Regulation of currency and flow of credit system
2. Maintaining exchange value of rupee
3. Formulating monetary policy of India
4. Supervisory powers over the indigenous bankers and leasing companies
1 and 3
1, 2 and 3
1, 2 and 4
1, 2, 3 and 4
Which of the following best defines the term 'Letter of Credit' as used frequently in bank transactions? [SBI PO 1991]
An order from a bank to another bank abroad authorising the payment of a particular amount to a person named in the letter
An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date
Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank
Statement showing outstanding- deposits and credits of a bank for a particular period
Consider the following statements: [IAS 2004]
1. The National Housing Bank, the apex institution in housing finance in India, was set up as a wholly owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned subsidiary of the Industrial Development Bank of India
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Which of the following combinations is correct? [IFS 1989]
NABARD-Industrial Loans
IDBI-Short term loans
RBI-Long term finance
RRB-Agricultural finance
Which of the following is at the apex of Industrial Finance in India? [UDC 1995]
Industrial Finance Corporation
Reserve Bank of India
Industrial Development Bank of India
Industrial Credit and Investment Corporation of India
The liabilities of a commercial bank are:
1. time deposits
2. security holdings
3. demand deposits
4. advances from the central bank
1, 2 and 3
1, 3 and 4
2 and 4
1 and 3
The best way, a bank can avoid loss is to :
lend only to individuals known to the bank
accept sound collateral
give only short-term loans
lend only to bank's old customers
Stock Exchanges play, role in an economy which may be termed as [UBI PO 2010]
hardly useful
useful but need strict regulation
harmful to proper capital markets
a gambling-where many investors get ruined
Consider the following statements:
1. life Insurance Corporation of India is the oldest insurance company in India.
2. National Insurance Company limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India.
3. Headquarters of United India Insurance Company limited are located at Chennai.
Which of the statements given above are correct? [lAS2006)
1, 2 and 3
1 and 2, only
2 and 3, only
1 and 3, only
The main difference between shares and debentures is :
debentures can only be issued after shares
shareholders receive dividend on shares whereas debenture holders receive interest on debentures
debentures can be partly converted into shares whereas shares cannot be converted into debentures
shareholders are the owners of the company whereas debenture holders are the creditors of the company
The system of value added taxation is applicable to:
excise duties
income tax
estate duty
taxes on agricultural income
Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]
New Bank of India and Bank of India
Central Bank of India and Corporation Bank
Parur Bank of India and Bank of India
Punjab National Bank and New Bank of India
Which of the following is the Banker of the Banks? [Railways 1995]
IDBI
SBI
RBI
SBI and RBI
What are gilt-edged securities?
Securities issued by the multinationals
Securities issued by the government
Securities issued by the private sectors
Securities issued by the joint venture companies