Banking General Awareness Banking Regulation System of India Question Bank

done Banking Regulation System of India Total Questions - 108

• question_answer1)
  The banking regulation act, 1949 provides
  A)
  A frame work of regulation done clear
  B)
  Supervision of Commercial banking activities done clear
  C)
  a and b done clear
  D)
  Supervision of private sector bond done clear
  E)
  None of the above done clear
  View Solution play_arrow

• question_answer2)
  Drawing, accepting, making or issuing of any promissory note, hundi or bill of exchange expressed to be payable to bearer on demand by a person other than the Reserve Bank of India or the Central Government is prohibited under
  A)
  Banking Regulation Act, 1949 done clear
  B)
  Section 31 [a] of the Reserve Bank of India Act. 1934 done clear
  C)
  Negotiable Instruments Act, 1881 done clear
  D)
  Indian Contract Act, 1872 done clear
  E)
  None of the above done clear
  View Solution play_arrow

• question_answer3)
  In terms of Section 24 of the Reserve Bank of India Act, 1934, the Reserve Bank of India may issue bank notes for the maximum denomination of
  A)
  Rs. 500                        done clear
  B)
  Rs. 5000 done clear
  C)
  Rs. 10000        done clear
  D)
  Rs. 1000 done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer4)
  Which of the following is the sole authority for issue of currency in India?
  A)
   Government of India done clear
  B)
   Reserve Bank of India done clear
  C)
   Controller of Currency done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer5)
  The minting of Indian comes under the act coin
  A)
   Coinage Act, 1906 done clear
  B)
   Reserve Bank of India Act, 1934 done clear
  C)
   Banking Regulation Act, 1949 done clear
  D)
   Currency Act, 1902 done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer6)
  One rupee notes and coins are issued by
  A)
   Reserve Bank of India done clear
  B)
   State Bank of India on behalf of Government of India done clear
  C)
   Government of India done clear
  D)
   Finance Minister of Central Government done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer7)
  Which of the following instruments of credit control adopted by Reserve Bank of India does not fall within k general' or 'quantitative? methods of credit control?
  A)
   Stipulation of certain minim.um margin in respect of advance against specified commodities done clear
  B)
   Open market operations done clear
  C)
   Bank rate done clear
  D)
   Variable reserve requirements done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer8)
  The opening of branches by banks is governed by the provisions of
  A)
   Section 23 of the Banking Regulation Act, 1949 done clear
  B)
   Section 24 of Reserve Bank of India Act, 1934 done clear
  C)
   Section 131 of the Negotiable Instruments Act, 1881 done clear
  D)
   Section 45 of Bank Nationalisation Act, 1969 done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer9)
  Which of the following fall under the qualitative methods of credit control adopted by Reserve Bank of India?
  A)
   Selective Credit Control done clear
  B)
   Credit Authorisation Scheme done clear
  C)
   Moral Suasion done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer10)
  The term 'moral suasion' refers to
  A)
   the moral duty of a borrower to deal with only one bank done clear
  B)
   the banker's duty of secrecy as regards the affairs and accounts of his customers done clear
  C)
   the advice given by Reserve Bank to banks/financial institutions in the matter of their lending land other operations with the objective that they might implement or follow it done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer11)
  Bank rate means
  A)
   the rate of interest charged by commercial banks on advances done clear
  B)
   the rate at which commercial banks discount bills of exchange for their clients done clear
  C)
   the rate of interest allowed by banks on the deposits done clear
  D)
   the standard rate at which the Reserve Bank of India is prepared to buy or rediscount bills of exchange other commercial paper are eligible for purchase under the Reserve Bank of India Act,1934. done clear
  E)
   None of the above done clear
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• question_answer12)
  The monetary authority in India, viz Reserve Bank of India, is bound to maintain a reserve against the notes issued, whatever may be the amount. This system is called as
  A)
   minimum reserve system done clear
  B)
   proportional reserve system done clear
  C)
   maximum fiduciary issue system done clear
  D)
   Simple deposit system done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer13)
  Banks and other financial institutions in India are required to maintain a certain amount of liquid assets like cash, precious metals and other short term securities as a reserve all the time in banking world, this is known as
  A)
   CRR              done clear
  B)
   Fixed asset done clear
  C)
   SLR                done clear
  D)
   PLR done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer14)
  The term 'Currency of India' refers to
  A)
   one rupee notes and coins done clear
  B)
   bank notes issued by Reserve Bank of India viz, Rs. 2, Rs. 5, Rs. 10, Rs. 20, Rs. 50, Rs. 100 and for other higher denominations done clear
  C)
   one rupee notes and coins and bank notes issued by Reserve Bank of India done clear
  D)
   one rupee notes only done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer15)
  The ratio of the Cash Reserves that the banks are required to keep with the RBI is known as
  A)
   Liquidity Ratio     done clear
  B)
   SLR done clear
  C)
   CRR done clear
  D)
   Net Demand and Time Liability done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer16)
  The term 'Ways and Means' advances refers to
  A)
   the advances allowed under DRI Scheme by commercial banks done clear
  B)
   the advances allowed by commercial banks under Twenty Point Economic Programme done clear
  C)
   the temporary advances made to the government by its bankers to bridge the interval between expenditure and the flow of receipts of revenues done clear
  D)
   All of the above done clear
  E)
   None of the. Above done clear
  View Solution play_arrow

• question_answer17)
  The rate of interest banks charge its main/major and prime customers is popularly called as
  A)
   Risk Premium done clear
  B)
   Prime Lending Rate done clear
  C)
   Repo Rate done clear
  D)
   Reverse Repo Rate done clear
  E)
   Cost of fund done clear
  View Solution play_arrow

• question_answer18)
  The term 'BSR' refers to
  A)
   Bank's Selling Rate done clear
  B)
   Basic Statistical Returns done clear
  C)
   Annual returns submitted by banks to RBI in respect of priority sector advances done clear
  D)
   Quarterly statement of advances to agriculture done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer19)
  The note-issue system in India is based on
  A)
   Gold Deposit System done clear
  B)
   Minimum Reserve System done clear
  C)
   Proportional Reserve System done clear
  D)
   Simple Deposit System done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer20)
  The Indian rupee is a
  A)
   token coin done clear
  B)
   standard token coin done clear
  C)
   standard coin done clear
  D)
   gold coin                                      done clear
  E)
   None of the above                        done clear
  View Solution play_arrow

• question_answer21)
  The currency notes are issued by the Reserve Bank of India under the signature of
  A)
   Executive Director                         done clear
  B)
   Deputy Governor                        done clear
  C)
   Governor                               done clear
  D)
    Secretary                                    done clear
  E)
   None of the above                       done clear
  View Solution play_arrow

• question_answer22)
  Which of the following training establishment is not run by Reserve Bank of India?
  A)
   Bankers Training College. Bombay done clear
  B)
   College of Agricultural Banking, Pune done clear
  C)
   NIBM done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer23)
  In periods of depression when the Reserve Bank desires to encourage the banking system to create more credit, it
  A)
   reduces the bank rate done clear
  B)
   raises the bank rate done clear
  C)
   permits the bank rate to be decided by market forces done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer24)
  For the performance of its duties as the regulator of credit, the Reserve Bank of India possesses the usual instruments of general credit control, viz.
  A)
   bank rate done clear
  B)
   open market operation done clear
  C)
   the power to vary the reserve requirement of banks done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer25)
  When the Reserve Bank desires to restrict expansion of credit, it
  A)
   raises the bank rate done clear
  B)
   reduces the bank rate done clear
  C)
   freezes the bank rate done clear
  D)
   None of these done clear
  E)
   All of these done clear
  View Solution play_arrow

• question_answer26)
  The currency notes issued by RBI have a cent per cent cover in
  A)
   approved assets     done clear
  B)
   gold done clear
  C)
   foreign exchange   done clear
  D)
   trustee securities done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer27)
  Which of the following do not fall within the functions of the Reserve Bank of India?
  A)
   Regulation of currency done clear
  B)
   Control of credit done clear
  C)
   Banker to the government, banker's bank and lender of the last resort done clear
  D)
   Accepting deposits and making loans and advances to public done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer28)
  The approved assets against which currency notes are issued by RBI comprise of
  A)
   gold coin and bullion and rupee coin done clear
  B)
   foreign securities and Government of India rupee securities of any maturity done clear
  C)
   bills of exchange and promissory notes payable in India which are eligible for purchase by RBI done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer29)
  The Public Debt Office of the Reserve Bank of India
  A)
   is a central depository for all types of Government securities except Treasury Bills done clear
  B)
   attends to the function of note issue by the Reserve Bank of India done clear
  C)
   is responsible for maintaining external value of rupee done clear
  D)
   controls balance of payment position of the Government of India done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer30)
  RBI has directed banks that the exercise of verification of asset classification and income recognition should be done as part of the audit work by the branch and statutory Auditors effective from the year ending
  A)
   31st Mar, 1993 done clear
  B)
   31st Mar, 1994 done clear
  C)
   31st Mar, 1995 done clear
  D)
   31st Mar. 1996 done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer31)
  Which of the following is not a function of the RBI?
  A)
   Maintaining Forex done clear
  B)
   Deciding Bank Rate, CRR and SLR from time to time done clear
  C)
   Opening Savings Accounts for general public done clear
  D)
   Prescribing the Capital Adequancy Ratio done clear
  E)
   Currency Management done clear
  View Solution play_arrow

• question_answer32)
  RBI's open market operation transactions are carried out with a view to regulate
  A)
   liquidity in the economy done clear
  B)
   Prices of essential commodities conflation done clear
  C)
   borrowing power of the banks done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer33)
  The instance of RBI monetary policy is
  A)
   inflation control with adequate liquidity for growth done clear
  B)
   improving credit quality of the banks done clear
  C)
   strengthening credit delivery mechanism done clear
  D)
   supporting investment demand in the economy done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer34)
  What does the letter 'L' denote in the term 'LAF' as referred every now and then in relation to monetary policy of the RBI?
  A)
   Liquidity                     done clear
  B)
   Liability done clear
  C)
   Leveraged                   done clear
  D)
   Longitudinal done clear
  E)
   Linear done clear
  View Solution play_arrow

• question_answer35)
  Which of the following is not a measure adopted by the Government or RBI to control inflation?
  A)
   Monetary policy   done clear
  B)
   Fiscal policy done clear
  C)
   Public distribution system done clear
  D)
   Price control done clear
  E)
   Financial inclusion done clear
  View Solution play_arrow

• question_answer36)
  Whenever RBI does some Open Market Operation transactions, actually it wishes to regulate which of the following?
  A)
   Inflation only done clear
  B)
   Liquidity in economy done clear
  C)
   Borrowing powers of the banks done clear
  D)
   Flow of foreign direct investments done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer37)
  Interest rates on which of the following deposit schemes is fixed by the Reserve Bank of India?
  A)
   Fixed deposits above 5 yr maturity done clear
  B)
   Recurring deposits done clear
  C)
   Savings bank done clear
  D)
   Flexi Deposit Scheme done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer38)
  Under Section 19 of the Reserve Bank of India Act, 1934, the RBI has been prohibited from
  A)
   making loans or advances done clear
  B)
   drawing or accepting bills payable done clear
  C)
   allowing interest on deposits or current accounts done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer39)
  RBI has recently deregulated the rates of interest to be provided by various banks to their depositors/customers with effect from 25th October, on their accounts.
  A)
   Time deposit    done clear
  B)
        Saving bank done clear
  C)
   Loan               done clear
  D)
   Fixed deposit done clear
  E)
   Current done clear
  View Solution play_arrow

• question_answer40)
  Which of the following functions are not being performed by the Reserve Bank of India?
  A)
   Regulation of banks in India done clear
  B)
   Regulation of foreign direct investment in India done clear
  C)
   Foreign currency management in India done clear
  D)
   Control and supervision of money supply done clear
  E)
   Currency management in India done clear
  View Solution play_arrow

• question_answer41)
  Which of the following is not a function of the Reserve Bank of India?
  A)
   Fiscal policy functions done clear
  B)
   Exchange control functions done clear
  C)
   Insurance, exchange and destruction of currency notes done clear
  D)
   Monetary authority functions done clear
  E)
   Supervisory and control function done clear
  View Solution play_arrow

• question_answer42)
  The Reserve Bank of India has directed all the banks to ensure that the names of their customers, individuals or corporate, do not appear in any list published by the Security Council Committee. This act/directive of the RBI is to ensure which of the following?
  A)
  To ensure that the bank loans/advances taken by the individuals/organisations are used only in those activities for which they are taken done clear
  B)
   To ensure that money deposited in the bank has not come from unknown and unauthorized sources done clear
  C)
   To ensure that no one visits a foreign nation for any illegal activity by purchasing foreign currency from a bank done clear
  D)
   To ensure that Indians do not go to a nation where they are being targeted for racial discrimination done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer43)
  As per newspaper reports, inflation in India and China was at a very high level. In such a situation the Central Banks of these countries are required to follow
  A)
   a more liberal credit policy done clear
  B)
   a very tight credit policy done clear
  C)
   Create an atmosphere of easy liquidity in the market done clear
  D)
   raise the limits of personal and corporate income taxes done clear
  E)
   None or the above done clear
  View Solution play_arrow

• question_answer44)
  As we all know, banks in India are required to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This portion is called
  A)
   Statutory liquidity ratio done clear
  B)
   cash reserve ratio done clear
  C)
   Kink deposit done clear
  D)
   reverse repo done clear
  E)
   government securities done clear
  View Solution play_arrow

• question_answer45)
  Reserve Bank of India is the lender of the last resort to scheduled commercial banks because
  A)
   the parties can approach RBI when their limits are exhausted done clear
  B)
   they are not able to get loans from other banks done clear
  C)
   KBl meets directly or indirectly all their reasonable demands for financial accommodation subject to certain terms and conditions which constitute its discount rate policy done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer46)
  Banks without the prior approval of the RBI, cannot
  A)
   own a new place of business in India or abroad done clear
  B)
   shift within the same centres (city/town/village) of the existing place of business done clear
  C)
   shift their sole rural branch outside the centre/village as such shifting would render the centre unhanded done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer47)
  The interest rate at which the RBI lends to commercial banks in the short term to maintain liquidity is known as
  A)
   interest rate done clear
  B)
   repo rate done clear
  C)
   reverse repo rate done clear
  D)
   bank rate done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer48)
  Who is the final authority for deciding the design, form and material of bank notes?
  A)
   Central Government done clear
  B)
   Reserve Bank of India done clear
  C)
   Indian Banks Association done clear
  D)
   Note Issuing Authority of India done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer49)
  The bank rate is
  A)
   free to fluctuate according to the forces of demand and supply done clear
  B)
   set by the RBI done clear
  C)
   set by the RBI is directed by the Union Ministry of Finance done clear
  D)
   set by the RBI as advised by the Indian Banks Association done clear
  E)
   set by the Government of India on the recommendation of. the Planning Commission done clear
  View Solution play_arrow

• question_answer50)
  As per the reports in various newspapers many private companies are trying to obtain the licences to launch a banking company in India. Which of the following organisations/agencies issue the licence for the same?
  A)
   Securities and Exchange Board of India (SEBI) done clear
  B)
   Indian Institute of Banking and Finance (IIBF) done clear
  C)
   Indian Banks? Association done clear
  D)
   Registrar of Companies done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer51)
  Reverse Repo is a tool used by RBI to
  A)
   inject liquidity      done clear
  B)
   absorb liquidity done clear
  C)
   increase the liquidity with banking system done clear
  D)
   to keep the liquidity at one level done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer52)
  What are the co-operative banks at the village level known as?
  A)
  Central co-operative banks done clear
  B)
   Primary agricultural co-operative societies done clear
  C)
   Village co-operative banks done clear
  D)
   State co-operative banks done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer53)
  Which of the following would result in a fall in asset prices?
  A)
   Low liquidity in the economy done clear
  B)
   High liquidity in the economy done clear
  C)
   RBI increasing the Reserve Repo Rates done clear
  D)
   RBI allowing more banks to pay done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer54)
  What is Repo Rate?
  A)
   It is a rate at which RBI sell government securities to banks done clear
  B)
   It is a rate at which RBI buys government Securities from banks done clear
  C)
   It is a rate at which RBI allows small loans in the. Market done clear
  D)
   It is a rate which is offered by banks to their most valued customers or prime customers done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer55)
  A customer wishes to purchase some US dollars in India. He/she should go to
  A)
   Public Debt Division of the RBI done clear
  B)
   American Express Bank done clear
  C)
   RBI or any branch of a bank which is authorised for such business done clear
  D)
   Ministry of Foreign Affairs done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer56)
  The names of which of the following rates/ ratios cannot be seen in financial newspapers?
  A)
   Bank Rate done clear
  B)
   Repo Rate done clear
  C)
   Statutory Liquidity Ratio done clear
  D)
   Cash Reserve Ratio done clear
  E)
   Pulse Rate done clear
  View Solution play_arrow

• question_answer57)
  Prior approval (as also a licence) of RBI is required for opening
  A)
   personal banking branches done clear
  B)
   merchant banking branches done clear
  C)
   asset recovery branches done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer58)
  For the first time, in which year Basel Committee came up with Capital Accords for banks?
  A)
   1985                           done clear
  B)
   1988 done clear
  C)
   1990                           done clear
  D)
   1992 done clear
  E)
   1998 done clear
  View Solution play_arrow

• question_answer59)
  Which among the following is not a part of Tier-1 capital?
  A)
   Issued Capital done clear
  B)
   Fully Paid-up Capital done clear
  C)
   Disclosed reserves done clear
  D)
   Undisclosed reserves done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer60)
  In 1988, the BCBS in Basel, Switzerland, published a set of minimum capital requirements for banks. What is BCBS?
  A)
   Basel Committee on Banking Supervision done clear
  B)
   Basel Council on Banking Supervision done clear
  C)
   Basel Committee on Banking System done clear
  D)
   Basel Council on Banking System done clear
  E)
   Basel Council on Supervision on Bad Assets done clear
  View Solution play_arrow

• question_answer61)
  Under Basel III accord, Indian's banks have to maintain Tier-1 capital (equity and reserves) at how much ....... per cent of risk weighted assets (RWA).
  A)
  8%                   done clear
  B)
  7%     done clear
  C)
  9%                   done clear
  D)
  5% done clear
  E)
  None of these done clear
  View Solution play_arrow

• question_answer62)
  According to the recent RBI financial stability report, how much additional capital does an Indian bank will require to comply with Basel III norms?
  A)
  Rs. 3 lakh crore      done clear
  B)
  Rs. 1.75 lakh crore done clear
  C)
  Rs. 5 lakh crore      done clear
  D)
  Rs. 4.5 lakh crore done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer63)
  Where is headquarter of Basel Committee on Banking Supervision (BCBS)?
  A)
   Rome              done clear
  B)
   Switzerland done clear
  C)
   Belgium                      done clear
  D)
   Washington DC done clear
  E)
   None of the above                        done clear
  View Solution play_arrow

• question_answer64)
  In India, the system of decimal coinage was  introduced on                         
  A)
  15th Aug, 1947            done clear
  B)
  26th Jan, 1950 done clear
  C)
  1st April, 1957 done clear
  D)
  All of the above done clear
  E)
  None of the above done clear
  View Solution play_arrow

• question_answer65)
  Which of the following is/are the composition of Liquidity aggregate-2 (L2) other than Liquidity aggregate-1 (LI) in the Indian Monetary System?
  A)
   Term deposits with Term Lending Institutions and Refinancing Institutions done clear
  B)
   Term Borrowing by Refinancing Institutions done clear
  C)
   Certificates of Deposit issued by Refinancing Institutions done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer66)
  Consider the following.

  I. New Broad Money (NM3)

  II. New Narrow Money

  III. All Deposits with the Post Office Savings Banks

  IV. National Savings Certificates

  Which of the components given above are correct included in the Liquidity Aggregates (L1) in the Indian economy?
  A)
  II and IV          done clear
  B)
  II and III done clear
  C)
  I and III            done clear
  D)
  III and IV done clear
  E)
  All of the above done clear
  View Solution play_arrow

• question_answer67)
  Consider the following measures.

  I. Repo Rate

  II. Cash Reserve Requirement

  III. Reverse Repo Rate

  Which of the measures given above is/are major instruments used in the Liquidity Adjustment Facility (LAF)?
  A)
   I and II                        done clear
  B)
  I and III done clear
  C)
  II and III                       done clear
  D)
  All of these done clear
  E)
  None of these done clear
  View Solution play_arrow

• question_answer68)
  Which of the following are the instruments of Credit Control in the hands of the RBI?

  I. Lowering or raising the discount and interest rates.

  II. Raising the minimum support price of the major agro products.

  III. Lowering or raising the minimum cash reserves maintained by the commercial banks.

  Select the correct answer using the codes given below
  A)
  Only I               done clear
  B)
  Only II done clear
  C)
  Only III             done clear
  D)
  Both I and III done clear
  E)
  Both II and III done clear
  View Solution play_arrow

• question_answer69)
  Which of the following are decided by the Reserve Bank of India?

  I. Deposit rates

  II. Base Rate

  III. Prime Lending Rate

  Select the correct answer using the codes given below
  A)
   Only I             done clear
  B)
   Only II done clear
  C)
   Only III                        done clear
  D)
   II and III done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer70)
  Many times we read a term 'Hot Money' in newspapers. What is/are the characteristics of Hot Money?

  I. The term is used for fresh currency notes issued by the RBI.

  II. It is the fund which flows in the market to take advantage of high interest rates.

  III. It is the fund which is thrown in the market to create imbalance in the stock markets.

  Select the correct answer using the codes given below
  A)
   Only I                          done clear
  B)
   Only II done clear
  C)
   Only III                        done clear
  D)
   All of these done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer71)
  As per reports in the newspapers the Indian Rupee is appreciating these days. What does it really mean?

  I. The value of the Rupee has gone up. It is now 110 paise and not 100 paise-

  II. The exchange rate of Rupee has gone up.

  III. Now we can purchase more in one Rupee,

  Which was not possible earlier?
  A)
   Only I              done clear
  B)
   Only II done clear
  C)
   Only III                        done clear
  D)
   Both I and II done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer72)
  Rupee coins are the legal tender in India under the provisions of     [IBPS PO 2011]
  A)
   Reserve Bank of India Act, 1934 done clear
  B)
   Negotiable Instruments Act, 1881 done clear
  C)
   Banking Regulation Act, 1949 done clear
  D)
   Indian Coinage Act, 1906 done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer73)
  Bank rate policy, open market operations, variable reserve requirements and statutory liquidity requirements employed by Reserve Bank as measures of credit control are classified as [IBPS PO 2011]
  A)
   quantitative methods done clear
  B)
   qualitative methods done clear
  C)
   monetary methods done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer74)
  Consider the following                                                             [Corporation Bank 2011]

  I. Bank Rate Policy

  II. Open Market Operations

  III. Devaluation of Rupee

  Which of the above are called fiscal measures?
  A)
  Only II              done clear
  B)
  Both I and II done clear
  C)
  Both I and III                done clear
  D)
  Only III done clear
  E)
   None of these done clear
  View Solution play_arrow

• question_answer75)
  The Reserve Bank of India does not decide the                                               [RBI Assistant 2012]
  A)
   Rate of Repo and Reverse Repo done clear
  B)
   Marginal Standing Facility Rates done clear
  C)
   Bank Rate done clear
  D)
   Rate of Dearness Allowance to Government Employees done clear
  E)
   Statutory Liquidity Ratio done clear
  View Solution play_arrow

• question_answer76)
  Coin of which of the following denominations is called Small Coin?               [RBI Assistant 2012]
  A)
  Rs. 1                            done clear
  B)
  Rs. 2 done clear
  C)
  Rs. 5                            done clear
  D)
  50 paise done clear
  E)
  Rs. 10 done clear
  View Solution play_arrow

• question_answer77)
  A bank's 'fixed deposit' is also referred to as a                                               [IBPS PO 2013]
  A)
   term deposit done clear
  B)
   savings bank deposit done clear
  C)
   current deposit done clear
  D)
   demand deposit done clear
  E)
   home savings deposit done clear
  View Solution play_arrow

• question_answer78)
  With effect from July 1, 2012, for calculation of lending rates, the Reserve Bank of India has advised banks to switch over to the                                                                                 [IBPS PO 2013]
  A)
   MSF Rate System                   done clear
  B)
   Reverse Repo Rate System done clear
  C)
   Bank Rate System done clear
  D)
   Repo Rate System done clear
  E)
   Base Rate System done clear
  View Solution play_arrow

• question_answer79)
  Interest on savings deposit now-a-days is                                                        [SBI PO 2013]
  A)
   fixed by RBI done clear
  B)
   fixed by the respective banks done clear
  C)
   fixed by the depositors done clear
  D)
   fixed as per the contract between bank and the Consumer Court done clear
  E)
   not paid by the bank done clear
  View Solution play_arrow

• question_answer80)
  Interest below which a bank is not expected lend to customers is known as.......... [SBI PO 2013]
  A)
   deposit rate done clear
  B)
   base rate done clear
  C)
   prime lending rate done clear
  D)
   bank rate done clear
  E)
   discount rate done clear
  View Solution play_arrow

• question_answer81)
  Banks in India are required to maintain a portion of their demand and time liabilities with the Reserve Bank of India. This portion is called                              [SBI PO 2013]
  A)
   statutory liquidity ratio done clear
  B)
   cash reserve ratio done clear
  C)
   bank deposit done clear
  D)
   reverse repo done clear
  E)
   government securities done clear
  View Solution play_arrow

• question_answer82)
  The amount specified as the Cash Reserve Ratio (CRR) is held in cash and cash equivalents and is stored in bank vaults or parked with                [SBI PO 2014]
  A)
   Small Industries Development Bank of India (SIDBI)                                 done clear
  B)
   Government of India (Got)                done clear
  C)
   Reserve Bank of India (RBI)                done clear
  D)
   State Bank of India (SBI)                   done clear
  E)
   Rural Infrastructure Development Fund    (R1DF) done clear
  View Solution play_arrow

• question_answer83)
  The RBI policy rate which is purely an indicative rate used by the Reserve Bank of India to signal long term outlook on interest rates is                                [SBI PO 2014]
  A)
   bank rate                    done clear
  B)
   repo rate done clear
  C)
   call money rate           done clear
  D)
   notice money rate done clear
  E)
   reverse repo rate done clear
  View Solution play_arrow

• question_answer84)
  The government of India has undertaken programme of recapitalisation of Public Sector Banks to help them enhance business growth and                 [SBI PO 2014]
  A)
   capital adequacy norms done clear
  B)
   ratio of non-performing assets done clear
  C)
   per employee business ratio done clear
  D)
   CASA ratio done clear
  E)
   credit or deposit ratio done clear
  View Solution play_arrow

• question_answer85)
  The Reserve Bank of India has been critical of home loan products with comparatively low interest rates in the initial years but higher in the subsequent years which are popularly known as the [SBI PO 2014]
  A)
   teaser rates                 done clear
  B)
   cheater rates done clear
  C)
   twister rates                done clear
  D)
   cheaper rates done clear
  E)
   trickster rates done clear
  View Solution play_arrow

• question_answer86)
  Recently, India has decided to introduce plastic currency notes. A number of other countries are already using plastic notes, but the pioneer in this field, is                                                     [SBI Clerk 2015]
  A)
   Sweden done clear
  B)
   England done clear
  C)
   France done clear
  D)
   United States of America done clear
  E)
   Australia done clear
  View Solution play_arrow

• question_answer87)
  Which of the following is one of the main functions of the Reserve Bank of India?      [SBI Clerk 2015]
  A)
   Regulation of the stock markets done clear
  B)
   Regulation of life insurance done clear
  C)
   Regulation of general insurance done clear
  D)
   Regulation of mutual funds in India done clear
  E)
   Banker's bank done clear
  View Solution play_arrow

• question_answer88)
  One rupee note bears the signature of                                                             [SBI Clerk 2015]
  A)
   President of India         done clear
  B)
   Vice-President of India done clear
  C)
   Finance Secretary done clear
  D)
   Finance Minister done clear
  E)
   Commerce Minister done clear
  View Solution play_arrow

• question_answer89)
  A cheque bearing the date earlier than the date of submission to the bank, is known as [SBI Clerk 2014]
  A)
   Bearer Cheque           done clear
  B)
   State Cheque done clear
  C)
   Crossed Cheque         done clear
  D)
   Post Dated Cheque done clear
  E)
   Anti Dated Cheque done clear
  View Solution play_arrow

• question_answer90)
  Liquidity is injected by the RBI in the economy through which of the following mechanisms?             [SBI Clerk 2014]
  A)
   Change in Bank Rate done clear
  B)
   Repo done clear
  C)
   Increase in SLR done clear
  D)
   Through Liquidity Adjustment Facility done clear
  E)
   Increase in CRR done clear
  View Solution play_arrow

• question_answer91)
  Which of the following instruments of credit control adopted by the Reserve Bank of India (RBI) does not fall within 'general' or 'quantitative' methods of credit control?                 [IBPS Clerk 2015]
  A)
   Bank rate done clear
  B)
   Open market operations done clear
  C)
   Stipulation of certain minimum margin in respect of advance against specified commodities done clear
  D)
   Variable reserve requirements done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer92)
  In terms of Section-5 [a] [e] of the Banking Regulation Act 1949, a 'banking company' means any company which                                                                                                [IBPS Clerk 2015]
  A)
  transacts the business of banking in India done clear
  B)
   undertakes lending of money done clear
  C)
   accepts deposits from public and invests the same as trade and industry done clear
  D)
   accepts deposits from public done clear
  E)
   All of the above done clear
  View Solution play_arrow

• question_answer93)
  Which of the following extreme measures may be resorted to by the Reserve Bank of India (RBI), in order to safeguard the interest of the depositing public when the affairs of a bank are observed to be beyond redemption?             [IBPS Clerk 2015]
  A)
   Refusal of a licence or cancellation of an existing licence done clear
  B)
   Merge the bank with any public sector bank done clear
  C)
   Applying to the Central government for an order of moratorium and thereafter reconstructing or amalgamating the bank with another bank done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer94)
  For which of the following, the Reserve Bank of India has stipulated the maximum capital adequacy requirement?                                                                                                            [IBPS Clerk 2015]
  A)
   Private Sector Banks done clear
  B)
   Banks that undertake insurance business done clear
  C)
   Local Area Banks done clear
  D)
   Scheduled Commercial Banks done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer95)
  ......... heads and conducts the affairs of RBI.                                                  [IBPS Clerk 2015]
  A)
   Central Board done clear
  B)
   Local Board done clear
  C)
   Regional Board           done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer96)
  The RBI provides ......... for meeting day-to-day receipt and expenditure mismatch to both Central and State government.                                                                                         [IBPS Clerk 2015]
  A)
   treasury bills done clear
  B)
   ways and means advance done clear
  C)
   date and securities done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer97)
  The RBI known as lender of last resort because                                               [IBPS Clerk 2015]
  A)
   it has to meet the credit need of citizens to whom no one else is willing to lend done clear
  B)
   banks lend to go to RBI as a last resort done clear
  C)
   it comes to help banks in times of crisis done clear
  D)
   All of the above done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer98)
  An increase in CRR by RBI leads to                                                                [IBPS Clerk 2015]
  A)
   decrease in deposit done clear
  B)
   increase in deposit done clear
  C)
   increase in lendable resources done clear
  D)
   decrease in lendable resources done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer99)
  CRR funds are kept by the banks in                                                                 [IBPS Clerk 2015]
  A)
   cash in hand at branches done clear
  B)
   balance with other banks done clear
  C)
   balance in a special account with RBI done clear
  D)
   funds in the currency chest done clear
  E)
    None of the above done clear
  View Solution play_arrow

• question_answer100)
  SLR is maintained as a percentage of                                                             [IBPS Clerk 2015]
  A)
   time liabilities done clear
  B)
   demand liabilities done clear
  C)
   a and b done clear
  D)
   gross time and demand liabilities done clear
  E)
   net demand and time liabilities done clear
  View Solution play_arrow

• question_answer101)
  ......... intervenes in markets to maintain the external value of the Indian rupee. [IBPS Clerk 2015]
  A)
   Exporters               done clear
  B)
   Importers done clear
  C)
   RBI done clear
  D)
   SB1 done clear
  E)
   None of the above done clear
  View Solution play_arrow

• question_answer102)
  The ratio of deposits to loans of a bank is known as                [SBI Clerk 2015]
  A)
   NPA coverage ratio done clear
  B)
   Return on asset ratio done clear
  C)
   Asset coverage ratio done clear
  D)
   CD ratio done clear
  E)
   Other than those given as options done clear
  View Solution play_arrow

• question_answer103)
  In a bank's balance sheet, which of the following is an asset?      [SBI Clerk 2015]
  A)
  Its paid up capital done clear
  B)
  Its saving deposits done clear
  C)
  Its investment in government securities done clear
  D)
  Its accumulated reserve funds done clear
  E)
  Its current deposits done clear
  View Solution play_arrow

• question_answer104)
  Which of the following is the minimum lending rate which the banks can charge their customers?       [RBI Grade B 2015]
  A)
   Reverse repo rate done clear
  B)
   Other than the those given as options done clear
  C)
   Bank rate done clear
  D)
   Base rate done clear
  E)
   Repo rate done clear
  View Solution play_arrow

• question_answer105)
  Security Printing and Minting Corporation of India Limited (SPMCIL) has four mints in India. These four government mints are situated in             [RBI Grade B 2015]
  A)
   Mumbai, Dewas, Hoshangabad and Mysore done clear
  B)
   Mumbai, Nasik, Mysore and Ghaziabad done clear
  C)
   Mumbai, New Delhi, Nasik and Gurgaon done clear
  D)
   Mumbai, Pune, Nasik and Hoshangabad done clear
  E)
   Mumbai, Kolkata, Hyderabad and Noida done clear
  View Solution play_arrow

• question_answer106)
  The Financial Stability Report is issued on a half-yearly basis by     [RBI Grade B 2015]
  A)
   Reserve Bank of India done clear
  B)
   World Economic Forum done clear
  C)
   International Monetary Fund done clear
  D)
   NITI Aayog done clear
  E)
   World Bank done clear
  View Solution play_arrow

• question_answer107)
  The ratio of deposits in current and savings account to total deposits of a bank, is known [RBI Grade B 2015]
  A)
   Capital Adequacy Ratio done clear
  B)
   NPA ratio done clear
  C)
   NIM ratio done clear
  D)
   CD ratio done clear
  E)
   CASA ratio done clear
  View Solution play_arrow

• question_answer108)
  The 'Bank rate' is periodically announced by the                [RBI Grade B 2015]
  A)
   Indian Banks Association (IBA) done clear
  B)
   Slate Bank of India (SBI) done clear
  C)
   Reserve Bank of India (RBI) done clear
  D)
   Ministry of Finance done clear
  E)
   Board of the respective banks done clear
  View Solution play_arrow