Related Questions
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4
EXIM Bank was set-up in :
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4
The best way, a bank can avoid loss is to :
A. lend only to individuals known to the bank
B. accept sound collateral
C. give only short-term loans
D. lend only to bank's old customers
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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:
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4
Which of the following best defines the term 'Letter of Credit' as used frequently in bank transactions? [SBI PO 1991]
A. An order from a bank to another bank abroad authorising the payment of a particular amount to a person named in the letter
B. An unconditional undertaking given by a bank ensuring the payment of a particular amount to the drawee at a given date
C. Letter by a bank to a person stating the terms and conditions of the loan sanctioned to him by the bank
D. Statement showing outstanding- deposits and credits of a bank for a particular period
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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]
D. Indian Bank's Association
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4
In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to:
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4
Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988]
A. Work on basics of commercial banks
B. Help the targetted groups
C. Keep lending rates lower than cooperative institutions
D. Work on innovative and adaptive ideals
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4
All of the following are subsidiaries of the State Bank of India, except:
A. State Bank of Bikaner and Jaipur
C. State Bank of Hyderabad
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4
The functions of the Reserve Bank of India are:
1. issuing all notes and coins
2. distributing all notes and coins
3. formulating monetary policy
4. acting as agent of Government in respect of India's membership of the IMF
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4
The main function of the Exim Bank is:
A. to help RBI in the regulation of foreign exchange
B. to prevent unlicensed transaction
C. to promote exports and curtail imports
D. to conserve foreign exchange
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4
The main difference between shares and debentures is :
A. debentures can only be issued after shares
B. shareholders receive dividend on shares whereas debenture holders receive interest on debentures
C. debentures can be partly converted into shares whereas shares cannot be converted into debentures
D. shareholders are the owners of the company whereas debenture holders are the creditors of the company
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4
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?
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4
Consider the following statements: [IAS 2004]
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance
Which of the statements given above is/are correct?
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4
Participatory Notes (PNs) are associated with which one of the following?
A. Consolidated Fund of India
B. Foreign Institutional Investors
C. United Nations Development Programme
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4
If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation?
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4
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008]
A. Self-Regulatory Organisations
B. Small Revenue Operators
C. Securities Roll-back Operators
D. Securities Regulatory Organisations
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4
Basel Committee has given its recommendations on which of the following aspects of banking operations? [RBI Grade B Officer 2011]
A. Marketing of bank products
B. Priority sector lending
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4
What is the difference between Debentures and Equity?
A. Debentures are sealed bonds acknowledging that money has been borrowed; equity is a shareholder's share voting rights in proportion to his shareholding
B. An equity shareholder cannot withdraw his amount whereas debentures can be withdrawn by taking back the amount
C. Equity shareholding is more risky, compared to debentures which are bound to return good interest on the principal
D. Both debenture and equity holders have the right of voting irrespective of the proportion of holdings but debentures are of lower value than equity
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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 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
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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
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]
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4
Who amongst the following was never a Governor of the RBI ? [SBI Associates Clerk 2011]
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4
The central banking functions in India are performed by the: [CPO AC 2003]
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4
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]
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4
In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?
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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
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4
As per the reports published- in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector? [Punjab & Sindh Bank 2011]
B. Loan against gold from financial institute
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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
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4
In India, the bank NABARD does not provide refinance to : [CDS 2002]
A. Scheduled Commercial Banks
D. State Land Development Banks