Description : A commercial bank law creates credit only if it has - (1) Cash in the vault (2) Excess reserves (3) Permission of Reserve Bank of India (4) (4) Cooperation of other banks
Last Answer : (1) Cash in the vault Explanation: A commercial bank is a profitseeking business, dealing in money and credit. It is a financial institution dealing in money in the sense that it accepts deposits of ... received as the deposits to needy people. So it creates credit from the cash deposits with it.
Description : A commercial bank law creates credit only if it has (1) Cash in the vault (2) Excess reserves (3) Permission of Reserve Bank of India (4) Cooperation of other banks
Last Answer : Cash in the vault
Description : What is the reserve deposit ration (rdr)? a) the proportion of money RBI lends to commercial banks b) the proportion of total deposits commercial banks keep as reserves c) the total proportion of money that commercial banks lend to the customers d) none of the above
Last Answer : b) the proportion of total deposits commercial banks keep as reserves
Description : In Bank‟s balance sheet, which of the following is an asset? A. Its paid up capital B. Its saved deposits C. Its instrument in government securities D. Its accumulated Reserve Funds E. Its Current Deposits
Last Answer : C. Its instrument in government securities Explanation: Bank assets comprises cash, money at short notice, bills and securities discounted, bank‘s investments in government securities, loans sanctioned by the bank.
Description : What is the name of the federal prison located on an island in San Francisco Bay?
Last Answer : Answer: Alcatraz.
Description : What was the result of jackson’s withdrawal of federal funds from the national bank?
Last Answer : Jackson's reputation as the champion of the common man was unharmed, and it showed that he was committed to safeguarding the public's interests from the threat of private wealth and an ever-larger central government..
Description : How has the Federal Reserve System managed since its inception?
Last Answer : answer:It seems to me a strong Federal Reserve System established and then enhanced under the Glass Stegall Act led the way out of the Great Depression (along with tremendous government borrowing and ... there are people who would think the economy functions better now that it has been weakened.
Description : Why do we allow the Federal Reserve loan money to commercial banks at almost 0% interest, who then loan the tax payers this money at a much higher interest rate?
Last Answer : If you want to learn more about the Federal Reserve system and how it works, start with Wikipedia and then, for fun, consider asking targeted questions of the conspiracy theorists here on Fluther. ... takes something of yours. Interest happens when you choose to pay for the opportunity to borrow.
Description : 9. If the Federal Reserve wishes to increase the money supply, it should: a. raise the reserve requirement b. raise the discount rate c. buy Treasury securities in the open market d. all of the above
Last Answer : c. buy Treasury securities in the open market
Description : 4. Which of the following is true about the Federal Reserve System (Fed)? a. it is a system of 12 central banks b. its Board of Governors is elected by a vote of the people c. its main policy- ... is the FDIC d. it accepts deposits from the public and makes loans to businesses e. all of the above
Last Answer : a. it is a system of 12 central banks
Description : Assume that the required ratio is 10 percent and bank receives $1,000 deposit. What is the excess reserves ? (a) $100 (b) $9,000 (c) $900 (d) $10,000
Last Answer : (c) $900
Description : If the federal reserve sells 40000 in treasury bonds to a bank at 5 interest what is the immediate effect on the money supply?
Last Answer : Feel Free to Answer
Description : Which of the following statements is not correct? A. For the purpose of Funds Flow Statement, the term 'fund ' generally refers to net working capital B. Funds flow is a wider concept than ... business D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds
Last Answer : D. The capitalisation of reserves by the issue of bonus shares also involves flow of funds
Description : Why do older US dollars say "this note is legal tender for all debts, puiblic and private, and is redeemable in lawful money at the US treasury or at any federal reserve bank?"?
Last Answer : I believe at that time we were on the gold standard and the money could be exchanged for the appropriate amount of gold. I’m trying to find a bit more info right now here. When we went off the gold standard, this would no longer have been true.
Description : If the federal reserve buys a treasury bond from a bank what will be the effect on interest rate the bank charges its customers for a loan?
Last Answer : The interest rates will decrease since there are more available funds for the bank to loan.
Description : Which of the following is one way the Federal Reserve Bank serves the government?
Last Answer : selling government securities
Description : What will the federal government (Federal Reserve Bank) do in an attempt to encourage saving and investing?
Last Answer : raise dividend rates
Description : What is the full form of 'IOU' ? -How To ?
Last Answer : The full form of 'IOU' is I Owe You
Last Answer : IOU - I Owe You Ie-Id est, That is
Description : Which one of the following statements on biosphere reserves is not correct? [CDS 2010] (a) In 1973, UNESCO launched a worldwide programme on man and biosphere (b) Biosphere reserves ... Pradesh (d) Biosphere reserves are multipurpose protected areas to preserve the genetic diversity in ecosystems
Last Answer : Ans: (c)
Description : Which one was the first 'Biosphere Reserves' Project Scheme? (1) Sundarbans Biosphere Reserve (2) Nilgiris Biosphere Reserve (3) Nandadevi Biosphere Reserve (4) Gulf of Mannar Biosphere Reserve
Last Answer : (2) Nilgiris Biosphere Reserve Explanation: Established in the year 1986, Nilgiri Biosphere Reserve is the first biosphere reserve in India. It is an International Biosphere Reserve in the Western Ghats.
Description : Which one of the following bio reserves of India is not included in the World Network of Biosphere Reserve? (1) Sunderbans (2) Gulf of Mannar (3) Nandadevi (4) Corbett
Last Answer : (4) Corbett Explanation: Ten of the eighteen biosphere reserves of India are a part of the World Network of Biosphere Reserves, based on the UNESCO Man and the Biosphere (MAB) Programme ... (Uttarakhand), Gulf of Mannar Biosphere Reserve (Tamil Nadu) and Sundarbans Biosphere Reserve (West Bengal).
Description : According to the PMBOK guide which of the following statements is right in terms of using reserve analysis to determine a project budget ? a. Reserve analysis always plans contingency reserves ... not practical. e. Contingency reserves have never been a concern when planning a project budget.
Last Answer : . Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget.
Description : According to the PMBOK guide, which of the following statements is right in terms of using reserve analysis to determine a project budget? Select one: A. Reserve analysis always plans ... not practical. E. Contingency reserves have never been a concern when planning a project budget.
Last Answer : A. Reserve analysis always plans contingency reserves for unexpected project scope and project costs, which are part of your project budget.
Description : Best bank to open an account with in San Francisco?
Last Answer : Maybe chase. Maybe. You’re pretty much screwed with all your bank options here. I use Chase (formerly WaMu), and haven’t been too displeased with them, so I suppose that works. I’m sure Ben or kevbo will start waxing about USAA, but many of us can’t join their little club.
Description : Regional Rural Banks arc sponsored by (1) Nationalized Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India
Last Answer : (1) Nationalized Commercial Bank Explanation: The Narasimham committee conceptualized the foundation of regional rural banks in India. Five regional rural banks were set up on October 2. 1975. There ... Bank. United Bank of India and United Commercial Bank, which sponsored the regional rural banks.
Description : Money supply is governed by the - (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks
Last Answer : (3) Reserve Bank of India Explanation: In economics, the money supply or money stock, is the total amount of monetary assets available in an economy at a specific time. It is governed and ... Reserve Bank of India regulates money supply in India through its several policy rates and reserve ratios.
Description : The monetary policy is India is formulated by - (1) Central Government (2) Industrial Financial Corporation of India (3) Reserve Bank of India (4) Industrial Development Bank of India
Last Answer : (3) Reserve Bank of India Explanation: Monetary policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.
Description : The Imperial Bank of India, after its nationalization came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas bank
Last Answer : (2) State Bank of India Explanation: The State Bank of India, the largest banking and financial services company in India by revenue, assets and market capitalization: traces its ancestry to British India, ... with the Reserve Bank of India taking a 60% stake, and renamed it the State Bank of India
Description : If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should - (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above
Last Answer : (1) lower cash reserve ratio Explanation: When the Central Bank of a country intends to increase money supply, it should lower the Cash Reserve Ratio. A decrease in CRR helps the commercial banks to ... the amount of Bank deposits and they will lend more as they have more amount as their reserve.
Description : Reserve Bank of India was nationalized in - (1) 1948 (2) 1947 (3) 1949 (4) 1950
Last Answer : (3) 1949 Explanation: The Reserve Bank of India was nationalised with effect from 1st January, 1949 on the basis of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948. All shares ... of a suitable compensation. The Reserve Bank of India (RBI) is India's central banking institution.
Description : Who is authorized to issue coins in India? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank
Last Answer : (2) Ministry of Finance Explanation: Coins may be coined at the Mint for issue under the authority of the Central Government, (of such denominations not higher than one hundred rupees), such ... the Ministry of Finance and bears the signature of the secretary. All currency notes are legal tender.
Description : Money supply is governed by the (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks
Last Answer : Reserve Bank of India
Description : Regional Rural Banks are sponsored by (1) Nationalised Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India
Last Answer : Nationalised Commercial Bank
Description : The Imperial Bank of India, after its nationalisation came to be known as : (1) Reserve Bank of India (2) State Bank of India (3) United Bank of India (4) Indian Overseas Bank
Last Answer : State Bank of India
Description : Reserve Bank of India was nationalised in (1) 1948 (2) 1947 (3) 1949 (4) 1950
Last Answer : 1949
Description : Who is authorised to issue coins in India ? (1) Reserve Bank of India (2) Ministry of Finance (3) State Bank of India (4) Indian Overseas Bank
Last Answer : Ministry of Finance
Description : The monetary policy is India is formulated by (1) Central Government (2) Industrial Financial Corporation of India (3) Reserve Bank of India (4) Industrial Development Bank of India
Description : If the Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above
Last Answer : lower cash reserve ratio
Description : Which bank lends without collateral ?
Last Answer : Grameen Bank gives loan without collateral
Description : Is there a list of banks given federal funds to prevent them from going into bankruptcy?
Last Answer : This article in the NY Times 6.24.09 gives a list of lenders who received bailout money. http://projects.nytimes.com/creditcrisis/recipients/table Several of the banks returned the money. As of ... back their loans. Here's the link: http://money.cnn.com/news/specials/storysupplement/bankbailout/
Description : The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called - (1) Cash reserves (2) Deposit reserves (3) Excess reserves (4) Momentary reserves
Last Answer : (3) Excess reserves Explanation: In banking, excess reserves are bank reserves in excess of the reserve requirement set by a central bank. They are reserves of cash more than the required ... is that doing so may provide enhanced liquidity and therefore more smooth operation of payment system.
Description : The reserves held by Commercial Banks over and above the statutory minimum, with the RBI are called (1) Cash reserves (2) Deposit reserves (3) Excess reserves (4) Momentary reserves
Last Answer : Excess reserves
Description : What is "narrow money"? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with the ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : (1) The sum of currency in circulation and the demand deposits in banks Explanation: The four main monetary aggregates of measures of money supply which reflect the state of the monetary sector ... This category of money is considered to be the most readily available for transactions and commerce.
Description : 7. The monetary base is composed of: a. gold and silver b. currency only c. currency and reserves d. currency and checkable deposits
Last Answer : c. currency and reserves
Description : According to monetary approach of Balance of Payments, the demand for money is a stable function of (a) income, prices and rate of interest (b) income and prices (c) prices and rate of interest (d) income, prices and foreign exchange reserves
Last Answer : income, prices and rate of interest
Description : What is narrow money ? (1) The sum of currency in circulation and the demand deposits in banks (2) The sum of MI money and the time deposits (3) The sum of currency in circulation with ... reserves held by banks (4) The market value of the stocks held by all the holders excluding the promoters
Last Answer : The sum of currency in circulation and the demand deposits in banks
Description : If the federal reserve decreases the reserve rate from 5 to 2?
Last Answer : Need answer
Description : Why does the Federal Reserve have a monopoly on the issuing of American Currency?
Last Answer : What leverage would you use to control inflation and the money supply if you couldn’t set rates?