In TRIPS, what does ‘I’ stand for?
a) Intellectual
b) Information
c) Indian
d) Infra
e) None of these
RBI has lifted a ban on carrying Indian bank notes of Rs 1,000 and 500 denominations to and from Nepal and Bhutan. RBI has put a limit on carrying such notes at Rs.__________ per person?
a) 10000
b) 15000
c) 25000
d) 20000
e) 30000
Interest on savings bank account now calculated by the banks on
Which of the following entities did not get the licence to run Payment Bank :
a) Aditya Birla Nuvo Limited
b) Sun Pharma
c) Fino PayTech Limited
d) Videocon d2h
e) Cholamandalam Distribution Services Limited
The ability of commercial banks to increase their deposits by expanding their loans and advances is known as
a) Capital expansion
b) Credit expansion
c) Credit control
d) Credit creation
e) None of these
Recently, Reserve Bank of India (RBI) granted in principle approval to 10 entities to set up small finance banks. The applications are analyzed and evaluated by an External Advisory Committee (EAC) which is headed by ____.
RBI is lender of last resort which reveals:
a) RBI advances money to public whenever there is any emergency
b) Commercial banks give fund to the RBI
c) RBI advances necessary credit against eligible securities to financial institutions
d) All of the above
Recently, Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) with which country central bank on Supervisory Cooperation and Exchange of Supervisory Information?
Regional Rural Banks (RRBs) were established in 1975 under the provisions of the Ordinance promulgated on the 26th September 1975 and followed by Regional Rural Banks Act, 1976 with a view to develop the rural economy and to create a supplementary channel to the 'Cooperative Credit Structure' with a view to enlarge institutional credit for the rural and agriculture sector. Which committee recommended the establishment of the RRBs?
(1) Tarpore Committee
(2) Narasimham Committee
(3) Karmakar Committee
(4) Kelker Committee
(5) Jha Committee
The objectives of forming SHG is
(i) to build mutual trust and confidence between the bankers and the rural poor people
(ii) to encourage banking activities, both on the thrift as well as credit sides, in a segment of the population that the formal financial institutions usually find difficult to cover.
(iii) to meet the needs of the poor by combining the flexibility, sensitivity and responsiveness of the informal credit system with the strength of technical and administrative capabilities and financial resources of the formal credit institutions.
(1) i only
(2) i and ii
(3) i and iii
(4) ii and iii
(5) i, ii and iii
A cheque which is payable to any person who presents it for payment at the bank counter is
called
In CDR, “R” stands for ____.
Co-operative Banks in India are registered under
(i) Banking laws (Co-operative Societies) Act. 1956
(ii) Banking Regulations Act, 1949
(iii) Companies Act, 1956 Select the correct answer using the following codes.
The term ‘BSR’ refers to
(1) Bank’s selling Rate
(2) Basic Statistical Returns
(3) Annual returns submitted by banks to RBI in respect to priority sector advances
(4) Quarterly statements of advance to agriculture
(5) None of the above
A measurement of a country’s trade in which the value of goods and services it imports exceeds the value of goods and services it exports is known as _____.
The Bank for International Settlements (BIS) is the world's oldest international financial organization established on 17 May 1930. The mission of the BIS is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks. The head office of BIS is located in ___.
IndusInd Bank recently claimed that it has raised Rs 5,081 crore by issuing six crore new shares via QIP and preferential issuances. Expand the term QIP.
First conference on contemporary relevance of bhagvad gita was held in
The Reserve Bank of India recently paid how much amount of dividend to the government, which is considered to be the highest ever dividend paid from the central bank in its 80-year history, and 22% more than it paid last year?
. With reference to the prepaid credit cards, which among the following is / are correct statements?
1. credit facility is offered for the purchaser of the card
2. no interest charged from the purchaser of the card
3. no purchasing fee and monthly fees charged before an arbitrary time period