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Current Affairs January 2024

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4

The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called: [IAS 1998]

A. SBRC (Statutory Bank Ratio)

B. SLR (Statutory Liquid Ratio)

C. CBR (Central Bank Reserve)

D. CLR (Central Liquid Reserve)

Correct Answer :

B. SLR (Statutory Liquid Ratio)


Related Questions

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4

Which one of the following Public Sector banks' emblem figures a dog and the words 'faithful, friendly' in it ? [CDS 2010]

A. Punjab National Bank

B. Syndicate Bank

C. Oriental Bank of Commerce

D. State Bank of India

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4

Bouncing of cheques has become an offence. What is the punishment for the same:

A. 6 months imprisonment

B. 1year imprisonment

C. 2 years imprisonment

D. 3 years imprisonment

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4

In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:

A. 1 lakh

B. 5 lakhs

C. 10 lakhs

D. 50 Iakhs

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4

Nationalisation of banks was done with the purpose of:

A. financing the industries

B. improving credit facilities

C. consolidating the economy

D. improving security of deposits

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4

In India, the first bank of limited liability managed by Indians and founded in 1881 was:

A. Hindustan Commercial Bank

B. Oudh Commercial Bank

C. Punjab National Bank

D. Punjab and Sind Bank

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4

The Imperial Bank of India, after nationalisation was given the name of:

A. Reserve Bank of India

B. Bank of India

C. State Bank of India

D. Indian Overseas Bank

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4

Word Bull and Big are associated with which branch of commercial activity? [UP PCS 2002]

A. Foreign Trade

B. Banking

C. Share Market

D. Manufacturing

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4

The primary objective of Unit Trust of India is:

A. to assist the industries in financial difficulties

B. to diffuse the benefit of development among the masses

C. to accumulate funds for public investment expenditure

D. to promote the investment habit among those who have not been able to diversify investment risk

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4

Who amongst the following was never a Governor of the RBI ? [SBI Associates Clerk 2011]

A. Bimal Jalan

B. Y. V. Reddy

C. Arup Roy Choudhury

D. C. Rangarajan

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4

The difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994]

A. a bank interacts directly with customers while an NBFI interacts with banks and governments

B. 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

C. a bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies

D. 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

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4

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

A. 1 and 3

B. 1, 2 and 3

C. 1, 2 and 4

D. 1, 2, 3 and 4

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4

Which of the following is not true about the Reserve Bank of India?

A. It regulates the currency and credit system of India

B. It maintains the exchange value of the rupee

C. Foreign exchange reserves are kept by RBI

D. One rupee notes and coins are issued by RBI

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4

In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to:

A. Punjab National Bank

B. Syndicate Bank

C. State Bank of India

D. Punjab and Sindh Bank

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4

Which of the following provides the largest part of the demand for loanable funds in India?

A. Farmers

B. Private-house purchasers

C. Corporate businesses

D. Hire-purchase borrowers

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4

In the world of commodity exchanges-the' concept of A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price is known as [UBI PO 2010]

A. Future contract

B. Forward contract

C. Market contract

D. None of these

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4

Who amongst the following has never held post of the Governor of the RBI? [RBI Grade B Officer 2011]

A. C. Rangarajan

B. L.K. Jha

C. Manmohan Singh

D. Usha Thorat

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4

'Repo rate' is the rate at which: [CDS 2004]

A. the Reserve Bank of India lends to State Government

B. the international aid agencies lend to Reserve Bank of India

C. the Reserve Bank of India lends to banks

D. the banks lend to Reserve Bank of India

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4

Which of the following statements is/are correct?
1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds
Select the correct answer using the code given below: [CDS 2012]

A. 1 only

B. 2 only

C. 3 only

D. 1 and 3

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4

Consider the following events:
1. Conversion of Imperial Bank of India into S.B.I.
2. Establishment of NABARD
3. Setting up of RRBs
4. Nationalisation of R.B.I.
The correct chronological sequence of these events is : [CDS 1999]

A. 4, 1, 2, 3

B. 4, 1, 3, 2

C. 1, 4, 3, 2

D. 1, 4, 2, 3

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4

Which of the following activities would Small Industries Development Bank of India (SIDBI) undertake under the new rural industrialisation programme? [Bank PO 1994]
1. Consultation in erecting the project
2. Providing marketing assistance and refinance facilities at later stage
3. Running the project during initial stage

A. Only 1and 2

B. Only 2 and 3

C. Only 2

D. Only 1

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4

What is the animal on the insignia of the RBI ? [CPO SI 2002]

A. Lion

B. Tiger

C. Panther

D. Elephant

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4

The basic regulatory authority for mutual funds and stock markets lies with the:

A. Government of India

B. Reserve Bank of India

C. Securities and Exchange Board of India

D. Stock Exchanges

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4

Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year [CPO SI 2010]

A. 1973

B. 1974

C. 1975

D. 1976

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4

In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?

A. 1976

B. 1979

C. 1980

D. 1982

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4

The central banking functions in India are performed by the: [CPO AC 2003]

A. Central Bank

B. State Bank of India

C. Reserve Bank of India

D. Both b. and c.

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4

The Reserve Bank of India issues:

A. all the currency notes

B. all the currency notes except the one rupee note

C. all the currency notes except the hundred rupee note

D. only notes of Rs. 10 and above

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4

Which one of the following statements is not correct? [CDS 2009]

A. The National Association of Securities Dealers Automated Quotations known as NASDAQ, is an American stock exchange

B. Nikkei is the stock market index for the Tokyo Stock Exchange

C. S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange

D. Hang Seng Indexes record daily changes of the largest companies of the Hong Kong stock market

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4

Which of the following are under the purview of Industrial Development Bank of India?
1. Unit Trust of India
2. Life Insurance Corporation of India
3. Export-Import Bank
4. State Finance Corporation of India

A. 1, 2 and 3

B. 2, 3 and 4

C. 1, 3 and4

D. 1, 2 and 4

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4

Consider the following financial institutions of India:
1. Industrial Finance Corporation of India (IFCI)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Agriculture and Rural Development (NABARD)
The correct chronological sequence of the establishment of these institutions is : [IAS 2002]

A. 1, 2, 3, 4

B. 2, 3, 4, 1

C. 3, 4, 1, 2

D. 4, 1, 2, 3

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4

Which of the following organisations prepare rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions? [RBI Grade B Officer 2011]

A. SIDBI

B. NABARD

C. RBI

D. Indian Bank's Association