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Banking in India

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RBI is required to maintain a minimum reserve equivalent to rupees _______ crore in gold and foreign currency with itself. A] 1000 crore b] 200 crore c] 500 crore d] 2000 crore

B)200 CRORE

Indian Foreign Exchange Reserves comprise of__________. A] Gold & SDR ( special drawing rights) b] reserve tranche position (RTP) in the IMF c] foreign currency assets ( FCAs) d] all of the above

ALL

Cash reserve ratio(CRR) refers to,
A. Cash that all banks are require to maintain with RBI.
B. Certain percentage of DTL of all banks.
C. Both a & b.
D. None of these.

both

c

Wholesale banking is also called, i)Corporate banking.
ii)Commercial banking
A. only i.
B. only ii.
C. both i and ii.
D. None of these.

Both

A

As per newspaper report,one of the major public sector banks sold out its RS> 500 Cr. loan to IIFCL. This type of buying and selling of loans in banking sector is popularly known as,
A. Teaser rate financing.
B. Take out financing.
C. Infrastructure financing.
D. Development financing

C?

B) TAKE OUT FINANCING

Which are the following rates are decided by the RBI is called “Policy Rate”?
A. Cash reserve ratio.
B. Lending rate.
C. Bank rate.
D. Deposite rate.

Bank Rate

D

Bank rate hbe

In India, Micro finance development and Equity fund is maintained by-
A. Small industries development Bank of India(SIDBI).
B. RBI(Reserve bank of India).
C. Nabard(National bank for Agriculture and rural development).
D. CII(Confederation of industries in India).

SIDBI

What is/are the main functions of RBI? (i). Notes Issuance.
(ii). Government’s Bankar.
(iii). Bankar’s Bank.
(iv). Bank’s Supervision.
A. Only (i)
B. Both (ii) and (iii)
C. Both (iii) and (iv)
D. All of these.

All

New money supply is created when_______. A] Loan from RBI increases b] loan from commercial bank increases c] loan from public increases

C

Treasury bills are instruments of getting credit for such a period: a] long term b] very long term c] medium term D] short term

D

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