Topics

The central banking functions in India are performed by the :


A) Central Bank

B) State Bank of India

C) Reserve Bank of India

D) Both (b) and (c )

Correct Answer:
C) Reserve Bank of India


Part of solved Banking System questions and answers : General Knowledge >> Economy >> Banking System




Comments
No comments available




Similar Questions
1). 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
-- View Answer
2). The National Stock Exchange functions from :
A). New Delhi
B). Mumbai
C). Nagpur
D). Kolkata
-- View Answer
3). Among the following, which one is not a credit rating agency operating in India?
A). CRISIL
B). ICRA
C). Dow Jones
D). CARE
-- View Answer
4). The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called :
A). SBRC (Statutory Bank Ratio)
B). SLR (Statutory Liquid Ratio)
C). CBR (Central Bank Reserve)
D). CLR (Central Liquid Ratio)
-- View Answer
5). Consider the following statements :
1. Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE)
2. For calculating the Sensex, all the Sensex stocks are assigned proportional weight age.
3. New York Stock Exchange is the oldest stock exchange in the world.
Which of the statements given above is/are correct?
A). 2 only
B). 1 and 3
C). 2 and 3
D). None
-- View Answer


6). What is the number of working foreign banks in India?
A). 10
B). 20
C). 30
D). 40
-- View Answer
7). 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 :
A). 1 and 2
B). 1, 2 and 4
C). 1, 2 and 3
D). 1, 2, 3 and 4
-- View Answer
8). Which among the following is the oldest Development Financial Institution of India?
A). UTI
B). IDBI
C). ICICI
D). IFCI
-- View Answer
9). Consider the following statements :
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?
A). 1 only
B). 2 only
C). Both 1 and 2
D). Neither 1 nor 2
-- View Answer
10). 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.
A). 1 and 3
B). 2 and 3
C). 1, 2 and 3
D). 1 and 2
-- View Answer
Home About Us Terms and Conditions Privacy Policy Contact us