The number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
Correct Answer :
D. 20
Related Questions
According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount:
minimum Rs.5 lakh
minimum Rs. 10 lakh
minimum Rs. 25 lakh
minimum Rs. 50 lakh
To prevent recurrence of scams in Indian Capital Market, the Government has assigned regulatory powers to: [IAS 1995]
RBI
SBI
SEBI
ICICI
Which of the following statements regarding Regional Rural Banks (RRB) in India is/are correct ?
1. The basic aim of setting up the RRBs is to develop rural economy.
2. The area of RRBs is limited to a specific region comprising one or more districts.
3. RRBs are sponsored by Commercial Banks.
Select the correct answer using the code given below: [Asstt Commdt 2011]
1 only
1 and 2 only
2 and 3 only
1, 2 and 3
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
What is the role of 'Over-the Counter Exchange' (OTC)?
Help in the introduction of multi-tiered markets and import liquidity to them
Help to overcome the balance of payment crisis
To arrange funds from different foreign banks of developing/ under developing countries
All of the above
What is the animal on the insignia of the RBI ? [CPO SI 2002]
Lion
Tiger
Panther
Elephant
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
The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following? [IAS 2007]
State Bank of India
Reserve Bank of India
ICICI Bank
Life Insurance Corporation of India
The RBI has regional offices at various places. At which of the following places it does not have an office? [RBI Grade B Officer 2011]
Kota
Nagpur
Lucknow
Panaji
Word Bull and Big are associated with which branch of commercial activity? [UP PCS 2002]
Foreign Trade
Banking
Share Market
Manufacturing
In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:
1 lakh
5 lakhs
10 lakhs
50 Iakhs
In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?
1976
1979
1980
1982
Bank rate is the rate at which:
a bank lends to the public
the Reserve Bank of India lends to the public
the Government of India lends to other countries
the Reserve Bank of India gives credit to commercial banks
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
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]
1, 2, 3, 4
2, 3, 4, 1
3, 4, 1, 2
4, 1, 2, 3
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
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
Who amongst the following was never a Governor of the RBI ? [SBI Associates Clerk 2011]
Bimal Jalan
Y. V. Reddy
Arup Roy Choudhury
C. Rangarajan
The number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
Private Sector Mutual Funds in India were permitted in [UP PCS 2011]
1964
1993
1994
2001
What do you understand by Bear raid?
An attempt to bring down the price of strong short selling
Simulataneous buying of shares and debentures in view of getting more values in near future
Higher rate of price paid for the particular government share or debentures
Any of the above
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]
1 only
2 only
3 only
1 and 3
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
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
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
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
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
In India, the first bank of limited liability managed by Indians and founded in 1881 was:
Hindustan Commercial Bank
Oudh Commercial Bank
Punjab National Bank
Punjab and Sind Bank
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
Open market operations of a Central Bank are sale and purchase of:
foreign currencies
corporate securities
trade bills
government securities