1. Financial literacy is a serious issue for RBI, because?
2. RBI has replanced BPLR regime by Base Rate regime w.e.f?
3. Many a times, we read about Special Drawining Right (SDR) in newspapers. As per in definition, SDR is a monetary unit of the reserve assets of which of the following organisations/agencies?
4. Reserve Bank of India is?
5. Authorised, subscribed and paid up share capital of Reserve Bank of India is?
6. Which Bank is the Banker to the Central Government?
7. The term ‘Ways and Means’ advances refers to?
8. The Reserve Bank of India is also called the lender of the last resort of Scheduled Commercial Banks because?
9. Pledge means?
10. What are the RBI guidelines for the development of Interest Rate Swaps (IRS)?
It would enable better understanding of banking business
With better understanding more and more people would utilize the banking services
It would mean banks can do more business
It would mean the maximum number of people
2. RBI has replanced BPLR regime by Base Rate regime w.e.f?
July 1, 2010
July 5, 2010
July 11, 2010
July 15, 2010
3. Many a times, we read about Special Drawining Right (SDR) in newspapers. As per in definition, SDR is a monetary unit of the reserve assets of which of the following organisations/agencies?
World Bank
International Monetary Fund (IMF)
Reserve Bank of India(RBI)
None of the above
4. Reserve Bank of India is?
an extension wing of Ministry of Finance, Government of India
India's central banking institution, which controls the monetary policy of the Indian rupee
an Institution owned by Indian Bank’s Association
a private sector company
5. Authorised, subscribed and paid up share capital of Reserve Bank of India is?
Rs.1 crore
Rs.5 crore
Rs.50 crore
Rs. 100 crore
6. Which Bank is the Banker to the Central Government?
Central Bank of India
Reserve Bank of India
Punjab National Bank
All of these
7. The term ‘Ways and Means’ advances refers to?
The temporary advance made to the government by its Bankers to bridge the interval between expenditure and the flow of receipt of revenues
the advance given by the Banks to the poorest of the society
lending made under PMRY scheme
all of the above
8. The Reserve Bank of India is also called the lender of the last resort of Scheduled Commercial Banks because?
RBI meets directly or indirectly all the reasonable demands for financial accommodation subject to terms and conditions of the discount rate policy of RBI
they are not able to get facilities from other Banks
Both of the above
None of the above
9. Pledge means?
advance against goods
open working capital limits
bailment of goods as security for payment of a debt or performance of a promise
none of the above
10. What are the RBI guidelines for the development of Interest Rate Swaps (IRS)?
Banks can use IRS for hedging and Trading both
MIFOR is a benchmark for IRS
Under ISDA agreement Banks can opt for dual jurisdiction i.e., Indian as well as common law
All of the above
No comments:
Post a Comment