The powers of Controller of Capital Issues of India is now shifted of
A. Ministry of Finance
B. SEBI
C. AMFI
D. Ministry of Corporate Affairs
Select an option to see the answer and solution.
The major outcome of the Bretton Woods Conference was:
A. Establishment of IMF and IFC
B. Establishment of IBRD and IFC
C. Establishment of IBRD and ADB
D. Establishment of IMF and IBRD
Select an option to see the answer and solution.
Which is the measure of quantitative credit control is not
A. Bank rate
B. Open market activities
C. Variable fund ratio
D. Credit rationing/rationing of credit
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Any person or persons acting in concert, who together own . . . . . . . . or more of the open interest in index derivatives are required to disclose the same to the clearing corporation.
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Which of the following are functions of a financial system?
1. The operation of a payments system.
2. Provides the means of portfolio adjustment.
3. Helping to reduce unemployment.
4. Channelizing funds between lenders and borrowers.
5. Helping speculators to bet on price movements.
A. 2, 3 and 5
B. 1, 2 and 4
C. 1, 3 and 5
D. 2, 3 and 4
Select an option to see the answer and solution.
Domestic Currency tends to depreciate owing to:
A. Constant inflation rate
B. Lowering of inflation rate
C. High inflation rate
D. All of the above
Select an option to see the answer and solution.
Contribution towards Rural Infrastructure Development Fund is made by
A. NABARD and Commercial Banks jointly
B. State Government and Government of India
C. Only those commercial banks, who fail to achieve the stipulated benchmark of agricultural advances and/or priority sector advances
D. Infrastructure Development Finance Company
Select an option to see the answer and solution.
Basel Committee on Banking Supervision is a committee of banking super authorities that was established by:
A. RBI
B. Central Bank governors of the group of 10 countries
C. Unites state of America
D. European countries
Select an option to see the answer and solution.
FEMA was implemented in the year . . . . . . . . in India.
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Which one of the apex bodies regulates the cooperative banks in India?
A. NABARD
B. SBI
C. Sponsor Banks
D. Both A and B
Select an option to see the answer and solution.
A loan is considered to be a NPA when it has not been serviced for a period up to:
A. 14 Days
B. 30 Days
C. 45 Days
D. 90 Days
Select an option to see the answer and solution.
'Bank rate' is the rate at which commercial banks
A. Borrow money from Reserve Bank
B. Lend money to Customers
C. Borrow money from customers
D. Lend money to Reserve Bank of India
Select an option to see the answer and solution.
'Eazypay', India's first mobile app for merchants to accept payments on mobile phone through multiple digital modes belongs to which bank?
A. Federal Bank
B. Dhanalakshmi Bank
C. Yes Bank
D. ICICI Bank
Select an option to see the answer and solution.
Which statement is false with reference to dead stocks of a bank?
A. They yield no profit to bank
B. These include furniture and buildings
C. These are used to increase reputation
D. These are non-performing assets
Select an option to see the answer and solution.
ATM was first introduced in India by Hongkong and Singapore Banking Corporation (HSBC) in the year
Select an option to see the answer and solution.
Which of the following factors can be counted for smaller number of foreign banks in India?
1. Differentiated banking
2. Public Sector Lending
3. Wholly owned subsidiaries
4. Longer Gestation Period
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
Select an option to see the answer and solution.
What is the full form of NSFR?
A. Net stable fund ratio
B. Net sustainable funding ratio
C. Net stable funding ratio
D. Net stable fundable ratio
Select an option to see the answer and solution.
RBI controls the commercial banks through
A. periodic inspection of banks
B. follow-up action
C. calling for returns and other information
D. All of the above
Select an option to see the answer and solution.
When RBI reduces CRR, it results into
A. Increase in lendable resources
B. Decrease in lendable resources
C. Decrease in deposits
D. Increase in deposits
Select an option to see the answer and solution.
From which date have all Banks started sharing their ATM free of cost for transactions?
A. 1st January, 2009
B. 1st April, 2009
C. 1st July, 2009
D. 1st September, 2009
Select an option to see the answer and solution.