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]
SIDBI
NABARD
RBI
Indian Bank's Association
Correct Answer :
B. NABARD
Related Questions
Regional Rural Banks are designed to work in which of the following ideals? [IAS 1988]
Work on basics of commercial banks
Help the targetted groups
Keep lending rates lower than cooperative institutions
Work on innovative and adaptive ideals
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]
4, 1, 2, 3
4, 1, 3, 2
1, 4, 3, 2
1, 4, 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 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.
In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to:
Punjab National Bank
Syndicate Bank
State Bank of India
Punjab and Sindh Bank
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]
Credit cards
Loan against gold from financial institute
Debit cards
Money lender
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
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?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
Basel Committee has given its recommendations on which of the following aspects of banking operations? [RBI Grade B Officer 2011]
Marketing of bank products
Priority sector lending
Risk Management
All of the above
Which of the following constitute short-term sources of finance for small scale industries?
1. Private money lenders
2. Loans by commercial banks
3. Credit Guarantee schemes
4. National Small Industries Corporation
1, 2 and 3
1 only
1, 2 and 4
1, 2, 3 and 4
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
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
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
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
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 number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
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 first Bank established in India was
Punjab National Bank
Traders Bank
State Bank of India
Bank of Hindustan
'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011]
those borrowers who do not have a good credit history.
those who wish to take loan against the mortgage of tangible assets.
those who have a good credit history and are known to bank since 10 years.
None of the above
Open market operations of a Central Bank are sale and purchase of:
foreign currencies
corporate securities
trade bills
government securities
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
1, 2 and 3
2, 3 and 4
1, 3 and4
1, 2 and 4
Word Bull and Big are associated with which branch of commercial activity? [UP PCS 2002]
Foreign Trade
Banking
Share Market
Manufacturing
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
Which amidst the following rural banks has been named after a river? [NDA 2002]
Prathama Bank
Varada Grameen Bank
Thar Anchalik Grameen Bank
Aravali Kshetriya Grameen 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
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
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
1, 3 and 4
2 and 3
2, 3 and 4
1, 2, 3 and 4
The place where bankers meet and settle their mutual claims and accounts is known as : [Bank PO 1993]
treasury
clearing House
collection Centre
dumping Ground
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
The largest Public Sector Bank in India is: [CDS 1991]
Central Bank
State Bank of India
Punjab National Bank
Indian Overseas Bank