The number of RRBs has been decreasing as per recommendations of certain committees. From the number of 196 in 2005, this has reduced to which of the following number as on 31st March, 2020?
Select an option to see the answer and solution.
Phishing is an attempt to acquire:
A. Loan from unauthorized firms
B. Sensitive information such as username, password, etc
C. Personal information from banks
D. None of the above
Select an option to see the answer and solution.
Under quantitative techniques of credit control following technique is not included
A. Open Market Operations
B. Variable Cash Reserve Ratio
C. Rationing of Credit Limit
D. Bank Rate Policy
Select an option to see the answer and solution.
Which of the following banks stimulates the agricultural and rural development?
A. EXIM Bank
B. Exchange Bank
C. HDFC Bank
D. NABARD
Select an option to see the answer and solution.
Match
List-I with
List-II choose the answer:
List-I (Committee)List-II (Purpose)
a. Dutt Committee
1. Industrial Licensing
b. Chelliah Committee
2. Tax Reforms
c. Rangrajan Committee
3. Public sector Undertaking Disinvestment
d. Chore Committee
4. Cash Credit system
A. a-1, b-2, c-3, d-4
B. a-2, b-3, c-4, d-1
C. a-3, b-4, c-1, d-2
D. a-4, b-3, c-2, d-1
Select an option to see the answer and solution.
Match the following.
List-I List-II
a. Selective credit control
1. Consumer credit recusation
b. Encourage credit for desirable use
2. Cash reserve
c. Quantitative credit control
3. Variation in margin
d. Bank rate
4. Rediscounting rate
A. a-4, b-2, c-3, d-1
B. a-3, b-1, c-2, d-4
C. a-1, b-3, c-2, d-4
D. a-2, b-1, c-3, d-4
Select an option to see the answer and solution.
Which of the following term is used when the extra payment be done for administrative and capital cost?
A. Premium
B. Premium loading
C. Interest
D. Contingency
Select an option to see the answer and solution.
When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds, the drawer is punishable with imprisonment which may extend to . . . . . . . . and/or a fine.
A. two months
B. one year
C. four months
D. six months
Select an option to see the answer and solution.
Which one is not Non-Marketable securities?
A. Corporate Securities
B. Bank Deposits
C. Deposits with Companies
D. Post Office Certificates and Deposits
Select an option to see the answer and solution.
An instrument by which a pure risk is transferred by a party other than insurer is:
A. Insurance
B. Retention
C. Non-Insurance Transfer
D. Reinsurance
Select an option to see the answer and solution.
Broad Money has to be sensitized through:
A. CRR
B. SLR
C. Repo Rate
D. All of the above
Select an option to see the answer and solution.
In which of the following year the introduction of Mutual Funds in India took place?
Select an option to see the answer and solution.
The methods used for computation of capital for credit risk under Basel-II are
A. standardised approach
B. internal rating based approach-foundation
C. internal rating based approach-advanced
D. All of the above
Select an option to see the answer and solution.
Investments by holders of Overseas Citizen of India (OCI) cards, in mutual fund schemes, is repatriable provided the original investment came into India in . . . . . . . . currency.
A. local
B. foreign
C. Both A and B
D. None of the above
Select an option to see the answer and solution.
Demutualisation of stock exchanges refers to
A. the legal structure of an exchange whereby the ownership, the management and the trading rights at the exchange are segregated from one another
B. the legal structure of an exchange whereby the ownership and the management at the exchange are segregated from one another
C. the legal structure of an exchange whereby the ownership, the management and the trading rights at the exchange vests in one person
D. None of the above
Select an option to see the answer and solution.
Match
List-I with
List-II .
List-I (Financial Institutions)List-II (Regulatory Bodies)
a. Housing Finance Institutions
1. SEBI
b. Merchant Banking, VCF, Broking, Collective Investment Schemes
2. MCA
c. Nidhi Companies, Mutual Benefit Companies
3. State Govts
d. Chit Fund Companies
4. National Housing Bank
A. a-4, b-2, c-1, d-3
B. a-3, b-1, c-2, d-4
C. a-4, b-1, c-2, d-3
D. a-1, b-4, c-2, d-3
Select an option to see the answer and solution.
What does the letter 'R' denotes in the abbreviation 'BR Act' which controls banking activities in the country?
A. Reformation
B. Regulation
C. Reporting
D. Resolution
Select an option to see the answer and solution.
Mutual Funds are required to be registered with:
Select an option to see the answer and solution.
Which of the following statement/s is/are the correct characteristic/s of NBFCs?
A. 1 and 2
B. 2 and 3
C. 1 and 3
D. All of them
Select an option to see the answer and solution.
On which of the following banks the Reserve Bank of India depends?
A. Cooperative Banks
B. Regional Rural Banks
C. Commercial Banks
D. Development Banks
Select an option to see the answer and solution.
