Banking system-Indian economy

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1. The first Bank established in India was :

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

3. A Scheduled Bank is one which is included in the :

4. What is the animal on the insignia of the RBI?

5. The best way a bank can avoid loss is to :

6. The system of value added taxation is applicable to :

7. The largest Public Sector Bank in India is :

8. Which of the following is the Banker of the Banks?

9. When was the Reserve Bank of India taken over by the Government?

10. The Reserve Bank of India issues :

11. How many nationalised banks of India are operating abroad?

12. Word Bull and Big are associated with which branch of commercial activity?

13. What are gilt-edged securities?

14. The central banking functions in India are performed by the :

15. The National Stock Exchange functions from :

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

17. The Securities and Exchange Board of India has been set up to :
1. protect the interests of investors
2. to regulate the activities of brokers in the stock market
3. to ensure transparency in operation in the stock market
4. to encourage a healthy growth of the stock market
Choose your answer from :

18. 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.

19. The arguments to support opening up of the Insurance sector in India were :
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:

20. The liabilities of a commercial bank are :
1. time deposits
2. security holdings
3. demand deposits
4. advances from the central bank