GK INFOPEDIA

[1]New and re-issuable currency notes are stored in A. Currency chests B. Treasuries C. Branches D. Service units Ans: Currency chests Explanation : 0 [2]RBI has introduced Marginal Standing Facility‖ with the objective of: A. Controlling Inflation B. Containing instability in long term inter-bank rates C. Containing instability in the overnight inter-bank rates D. All […]

[1]Bankers have to maintain secrecy of customer accounts as per the provisions of A. Banking Regulation Act 1949 B. Negotiable Instruments Act, 1881 C. Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970 D. Provident Funds Act 1925 Ans: Banking Companies (Acquisition and Transfer of Undertaking) Act, 1970 Explanation : 0 [2]Loans of very small […]

[1]Which among the following is a qualitative tool of monetary policy? A. Credit Ceiling B. Credit Rationing C. Cash Reserve Ratio D. Bank Rate Ans: Credit Rationing Explanation : 0 [2]Payment of a cheque cannot be made on a cash counter of the bank if the cheque is:- A. bearer B. cross C. order D. […]

[1]Banks in our country normally publicize that additional interest rate is allowed on retail domestic term deposits of? A. Minors B. Married Women C. Senior citizens D. Government Employees Ans: Senior citizens Explanation : 0 [2]On the ,recommendation of which of the following NABARD was established ? A. Rangarajan B. Shivraman II C. Narasingam D. […]

[1]Some banks are financing projects like Construction Roads/Bridges etc. Financing such projects means banks are helping exactly in — A. Developing Core Sector Industry B. Project Management C. Infrastructural Development D. Financial Inclusion Ans: Infrastructural Development Explanation : 0 [2]The Imperial Bank of India, after its nationalization came to be known as A. Reserve Bank […]

[1]Which of the following Bank in 2012 has celebrated it 30th year of continuous service? A. RBI B. SIDBI C. Central Bank of India D. NARARD Ans: NARARD Explanation : 0 [2]Companies whose main business is not financing or lending are permitted to accept deposits under section 45(s) of RBI Act only from: A. Public […]

[1]Which one of the following statements is correct regarding increase in the CRR in India? A. It increases credit creation B. It reduces credit creation C. It does not affect credit D. It denoted liberal monetary policy Ans: It reduces credit creation Explanation : 0 [2]Which among the following bank has offered the best interest […]

[1]Which of the following organization/agencies has sought an emergency fund of Rs. 1000 crore from banks to tackle acute liquidity crisis, which is coming in the way to give loans to micro borrowers? A. Micro Finance Institutions B. Regional Rural & Cooperative Banks C. RBI D. NABARD Ans: NABARD Explanation : 0 [2]The term smart […]

[1]The main webpage of a website is also known as – A. Contents Page B. Home Page C. Introduction Page D. First Page Ans: Home Page Explanation : The homepage or home page is the name of the main page of a website where visitors can find hyperlinks to other pages on the site. By […]

[1]Special Drawing Rights (SDR) are supplementary foreign exchange reserve assets defined and maintained by A. Asian Development Bank B. Reserve Bank of India C. World Bank D. International Monetary Fund Ans: International Monetary Fund Explanation : 0 [2]Foreign Trade Policy is Framed by : A. RBI B. EXIM Bank C. DGFT D. Ministry of Commerce, […]