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Current Affairs January 2024

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4

Who is responsible for the collection and publication of monetary and financial information?

A. Finance Commission

B. Finance Ministry

C. Reserve Bank of India

D. Auditor and Comptroller General of India

Correct Answer :

C. Reserve Bank of India


Related Questions

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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]

A. Credit cards

B. Loan against gold from financial institute

C. Debit cards

D. Money lender

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4

Bank rate is the rate at which:

A. a bank lends to the public

B. the Reserve Bank of India lends to the public

C. the Government of India lends to other countries

D. the Reserve Bank of India gives credit to commercial banks

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4

A crossed cheque is one, which can be encashed only: [IFS 1991]

A. by the drawee

B. through a bank,

C. at the State Bank of India

D. after it has been transferred to another person

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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 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

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

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

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

In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011]

A. Commercial Banks

B. Cooperative Banks

C. Regional Rural Banks

D. Microfinance Institutions

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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 organisations in India is mainly' working to meet the credit needs of all types of agricultural and rural development activities?

A. FCI

B. IDBI

C. NABARD

D. ICAR

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4

The oldest stock exchange of India is :

A. Bombay Stock Exchange

B. Ahmedabad Stock Exchange

C. Bangalore Stock Exchange

D. Hyderabad Stock Exchange

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4

The largest Public Sector Bank in India is: [CDS 1991]

A. Central Bank

B. State Bank of India

C. Punjab National Bank

D. Indian Overseas Bank

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4

Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]

A. New Bank of India and Bank of India

B. Central Bank of India and Corporation Bank

C. Parur Bank of India and Bank of India

D. Punjab National Bank and New Bank of India

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4

The system of value added taxation is applicable to:

A. excise duties

B. income tax

C. estate duty

D. taxes on agricultural income

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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

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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

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

C. Risk Management

D. All of the above

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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

Which among the following is the oldest Development Financial Institution of India?

A. UTI

B. IDBI

C. ICICI

D. IFCI

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4

According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount:

A. minimum Rs.5 lakh

B. minimum Rs. 10 lakh

C. minimum Rs. 25 lakh

D. minimum Rs. 50 lakh

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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

B. Central Bank of India

C. State Bank of Hyderabad

D. State Bank of Patiala

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4

Who is responsible for the collection and publication of monetary and financial information?

A. Finance Commission

B. Finance Ministry

C. Reserve Bank of India

D. Auditor and Comptroller General of India

What is the correct answer?

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 combinations is correct? [IFS 1989]

A. NABARD-Industrial Loans

B. IDBI-Short term loans

C. RBI-Long term finance

D. RRB-Agricultural finance

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4

Among the following, which one is not a credit rating agency operating in India?

A. CRISIL

B. ICRA

C. Dow Jones

D. CARE

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4

Which of the following is the Banker of the Banks? [Railways 1995]

A. IDBI

B. SBI

C. RBI

D. SBI and RBI

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4

In India, the bank NABARD does not provide refinance to : [CDS 2002]

A. Scheduled Commercial Banks

B. Regional Rural Banks

C. Export-Import Banks

D. State Land Development Banks

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4

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]

A. Kota

B. Nagpur

C. Lucknow

D. Panaji

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4

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]

A. Small Banks

B. Grameen Banks

C. Credit Cooperative Societies

D. Money Lenders