The largest shareholder of a nationalized bank is_______ A. RBI B. Government of India C. NABARD D. All of the Above E. None of the Above

The largest shareholder of a nationalized bank is_______ A. RBI B. Government of India C. NABARD D. All of the Above E. None of the Above
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B. Government of India Explanation: Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government.The shares of these banks are listed on stock exchanges. There are a  total of 27 PSBs in India [21 Nationalized banks + 6 State bank group (SBI + 5 associates)]In 2011 IDBI bank and in 2014 Bharatiya Mahila Bank were nationalized with a minimum capital of Rs 500 crore.
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The “Stand Up India” is aimed at promoting entrepreneurship among women and scheduled castes and tribes. The bank loans under the scheme shall be referenced to _______ A. SIDBI B. NABARD C. RBI D. MUDRA E. DRDA

Description : The “Stand Up India” is aimed at promoting entrepreneurship among women and scheduled castes and tribes. The bank loans under the scheme shall be referenced to _______ A. SIDBI B. NABARD C. RBI D. MUDRA E. DRDA

Last Answer : A. SIDBI Explanation: The ―Stand up India Scheme‖ is being launched now to promote entrepreneurship among Scheduled Caste/Schedule Tribe and Women for loans in the range of Rs. 10 Lakhs to Rs. 100 Lakhs. The bank loans under the scheme shall be referenced to SIDBI.

Which of the following contributed the entire paid-up capital in National Housing Bank(NHB)? A. GOI B. RBI C. SEBI D. NABARD E. None of the Above

Description : Which of the following contributed the entire paid-up capital in National Housing Bank(NHB)? A. GOI B. RBI C. SEBI D. NABARD E. None of the Above

Last Answer : B. RBI Explanation: RBI contributed the entire paid-up capital in National Housing Bank(NHB).

RBI sold its stake in NABARD to the Government of India, which now holds _____ stake A. 65% B. 70% C. 95% D. 99% E. None of the Above

Description : RBI sold its stake in NABARD to the Government of India, which now holds _____ stake A. 65% B. 70% C. 95% D. 99% E. None of the Above

Last Answer : D. 99% Explanation: RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.

In which year Reserve Bank of India (RBI) was nationalized?

Description : In which year Reserve Bank of India (RBI) was nationalized?

Last Answer : 1949

Which of the following holds majority stake in NABARD? A. RBI B. Government Of India C. IRDAI D. None of the Above

Description : Which of the following holds majority stake in NABARD? A. RBI B. Government Of India C. IRDAI D. None of the Above

Last Answer : B. Government Of India Explanation: National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India, having headquarters in Mumbai, Maharashtra. RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.

ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by? A. RBI B. Government Of India C. IRDAI D. NABARD

Description : ECGC Limited (Export Credit Guarantee Corporation of India Ltd) is a company wholly owned by? A. RBI B. Government Of India C. IRDAI D. NABARD

Last Answer : B. Government Of India Explanation: ECGC Ltd. (Export Credit Guarantee Corporation of India Ltd.), wholly owned by Government of India, was set up in 1957 with the objective of ... comprising representatives of the Government, Reserve Bank of India, banking, and insurance and exporting community.

Which is the apex bank for agricultural credit in India? (a) RBI ; (b) SIDBI ; (c) NABARD ; (d) IDBI

Description : Which is the apex bank for agricultural credit in India? (a) RBI ; (b) SIDBI ; (c) NABARD ; (d) IDBI

Last Answer : (c) NABARD ;

The Foreign exchange of India is kept with _________ A. SBI B. ECGC C. RBI D. NABARD E. other than those given as options

Description : The Foreign exchange of India is kept with _________ A. SBI B. ECGC C. RBI D. NABARD E. other than those given as options

Last Answer : C. RBI Explanation: Reserve Bank of India accumulates foreign currency reserves by purchasing from authorized dealers in open market operations. Foreign exchange reserves of India act as a cushion against rupee ... Currency Assets (b) Gold (c) SDRs (d) Reserve Tranche Position in the IMF.

On July 12, 1982, The ARDC collaborated with A) NABARD B) EXIM Bank C) RBI D) None of the above

Description : On July 12, 1982, The ARDC collaborated with A) NABARD B) EXIM Bank C) RBI D) None of the above

Last Answer : Answer: A

Which of the following institutions is responsible for the supervision of RRBs? A. RBI B. SEBI C. NABARD D. GOI E. Both (A) and (C)

Description : Which of the following institutions is responsible for the supervision of RRBs? A. RBI B. SEBI C. NABARD D. GOI E. Both (A) and (C)

Last Answer : E. Both (A) and (C) Explanation: NABARD has been sharing with the Reserve Bank of India certain supervisory functions in respect of cooperative banks and Regional Rural Banks (RRBs).

Credit Rating Agency, SMERA accredited by ________ A. SEBI B. SIDBI C. NABARD D. RBI E. None of these

Description : Credit Rating Agency, SMERA accredited by ________ A. SEBI B. SIDBI C. NABARD D. RBI E. None of these

Last Answer : D. RBI Explanation: The Company has received accreditation from the Reserve Bank of India (RBI) as an External Credit Assessment Institution (ECAI) under BASEL – II norms for undertaking bank loan ratings.

SMERA Ratings Ltd (SMERA) is registered by ______ A. SEBI B. SIDBI C. NABARD D. RBI E. None of these

Description : SMERA Ratings Ltd (SMERA) is registered by ______ A. SEBI B. SIDBI C. NABARD D. RBI E. None of these

Last Answer : A. SEBI Explanation: SMERA is registered with the Securities and Exchange Board of India (SEBI) as a Credit Rating Agency.

Which of the following provides license to a credit bureau? A. SEBI B. SIDBI C. NABARD D. RBI E. GOI

Description : Which of the following provides license to a credit bureau? A. SEBI B. SIDBI C. NABARD D. RBI E. GOI

Last Answer : D. RBI Explanation: A Credit Bureau is licensed by the RBI.

NHB is wholly owned by ______ A. GOI B. RBI C. SEBI D. NABARD E. None of the Above

Description : NHB is wholly owned by ______ A. GOI B. RBI C. SEBI D. NABARD E. None of the Above

Last Answer : B. RBI Explanation: NHB is wholly owned by Reserve Bank of India.

Who among the following regulates the Indian Corporate Debt Market? A. RBI B. NABARD C. SIDBI D. SEBI E. None of the Above

Description : Who among the following regulates the Indian Corporate Debt Market? A. RBI B. NABARD C. SIDBI D. SEBI E. None of the Above

Last Answer : D. SEBI Explanation: Regulator for the Indian Corporate Debt Market is the Securities and Exchange Board of India (SEBI). SEBI controls bond market and corporate debt market in cases where entities raise money from public through public issues.

Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above

Description : Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above

Last Answer : A. RBI Explanation: RBI does not guarantee the repayment of deposits accepted by NBFCs.

Dalal Street in Mumbai is famous for which of the following? A. NABARD B. Stock Exchange C. RBI D. SEBI

Description : Dalal Street in Mumbai is famous for which of the following? A. NABARD B. Stock Exchange C. RBI D. SEBI

Last Answer : B. Stock Exchange Explanation: The Bombay Stock Exchange (BSE) is located at Dalal Street.

RBI was established and nationalized in

Description : RBI was established and nationalized in

Last Answer : Ans. 1 st April, 1935 and 1 st January, 1949

Who are eligible for obtaining a PLI Policy of the following a) Central/Stage Govt employees b) Defense services c) Nationalized banks/RBI d) All the above

Description : Who are eligible for obtaining a PLI Policy of the following a) Central/Stage Govt employees b) Defense services c) Nationalized banks/RBI d) All the above

Last Answer : d) All the above

RBI was nationalized in (a) June 1947 ; (b) Jan. 1949 ; (c) March 1954 ; (d) April 1936

Description : RBI was nationalized in (a) June 1947 ; (b) Jan. 1949 ; (c) March 1954 ; (d) April 1936

Last Answer : (b) Jan. 1949 ;

A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Description : A Shareholder has been defined by ________ A. Banking Regulation Act, 1949 B. Reserve Bank of India Act, 1934 C. Negotiable Instruments Act, 1881 D. Indian Contract Act, 1872 E. The companies act, 1956

Last Answer : E. The companies act, 1956 Explanation: The Companies Act, 1956 ―Small Shareholder‖ means a shareholder holding shares of nominal value of twenty thousand rupees or less in a public company to which section 252 of the Act applies.

Regional Rural Banks arc sponsored by (1) Nationalized Commercial Bank (2) Reserve Bank of India (3) State Bank of India (4) Government of India

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.

Rural Infrastructure Development Fund (RIDF) was instituted by which of the following? a. NABARD b. RBI c. Finance Ministry d. Ministry of Home Affairs e. None of the above

Description : Rural Infrastructure Development Fund (RIDF) was instituted by which of the following? a. NABARD b. RBI c. Finance Ministry d. Ministry of Home Affairs e. None of the above

Last Answer : a. NABARD

Who finalises the value and volume of the notes to be printed every year? A. Independently by Ministry of Finance B. Independently by Ministry of Government of India C. Committee of Bank Heads D. With Mutual Consultation of the GOI and Bank Heads E. With Mutual Consultation of the RBI and GOI

Description : Who finalises the value and volume of the notes to be printed every year? A. Independently by Ministry of Finance B. Independently by Ministry of Government of India C. Committee of Bank Heads D. With Mutual Consultation of the GOI and Bank Heads E. With Mutual Consultation of the RBI and GOI

Last Answer : E. With Mutual Consultation of the RBI and GOI Explanation: The Reserve Bank based on the demand requirement indicates the volume and value of banknotes to be printed each year to the ... the demand for banknotes, GDP growth, replacement of soiled banknotes, reserve stock requirements, etc.

Currently Small Industries Development Bank of India(SIDBI) is a wholly owned subsidiary of _______ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

Description : Currently Small Industries Development Bank of India(SIDBI) is a wholly owned subsidiary of _______ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

Last Answer : C. 34 Government of India owned / controlled institutions Explanation: Small Industries Development Bank of India(SIDBI) was incorporated initially as a wholly owned subsidiary of Industrial Development ... . Currently the ownership is held by 34 Government of India owned / controlled institutions.

National Housing Bank (NHB), a wholly owned subsidiary of _________ A. RBI B. Government Of India C. IRDAI D. State Government

Description : National Housing Bank (NHB), a wholly owned subsidiary of _________ A. RBI B. Government Of India C. IRDAI D. State Government

Last Answer : A. RBI Explanation: National Housing Bank (NHB) is an apex level institution for housing. NHB was set up on July 9, 1988 under the National Housing Bank Act, 1987. NHB is wholly owned by Reserve Bank of India, which contributed the entire paid-up capital.

Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Description : Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Last Answer : D. SHCIL Explanation: SHCIL is appointed as Central Record-keeping Agency (CRA) and associated with stamp duty collection and not valuation.

Which of the following is the country‟s largest custodian and depository participant? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Description : Which of the following is the country‟s largest custodian and depository participant? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above

Last Answer : D. SHCIL Explanation: Stock Holding Corporation of India Ltd (SHCIL), India‘s largest custodian and depository participant.

Which nationalized bank of India has a shining star as its emblem? (1) Syndicate Bank (2) Indian Bank (3) Bank of India (4) Bank of Baroda

Description : Which nationalized bank of India has a shining star as its emblem? (1) Syndicate Bank (2) Indian Bank (3) Bank of India (4) Bank of Baroda

Last Answer : (3) Bank of India Explanation: The new logo of the Bank of Baroda is a unique representation of a universal symbol. It comprises dual 'B' letterforms that hold the rays of the rising ... the bank offers rewarding careers and to our investors and business partners, maximum return on their investment.

Reserve Bank of India was nationalized in - (1) 1948 (2) 1947 (3) 1949 (4) 1950

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.

The first nationalized bank in India to start a VCF _____.(a)SBI, b) PNB, c) Canara bank)

Description : The first nationalized bank in India to start a VCF _____.(a)SBI, b) PNB, c) Canara bank)

Last Answer : c) Canara bank)

Sanchita is working for a nationalized bank and is in the process of creating a table to store the details of customers of the bank. -Technology

Description : Sanchita is working for a nationalized bank and is in the process of creating a table to store the details of customers of the bank. -Technology

Last Answer : Primary key AccountNoCandidate key AccountNo and PAN NumberAlternate key PAN Number

In what year was Corporation Bank nationalized ?

Description : In what year was Corporation Bank nationalized ?

Last Answer : Corporation Bank was nationalized in 1980 .

In what year was Bank of Baroda nationalized ?

Description : In what year was Bank of Baroda nationalized ?

Last Answer : Bank of Baroda was nationalized in 1969 .

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Description : Mark the correct option a) Maximum 12 deposit can be made in a financial year and more than one deposit can be made in one month b) Only one account can be opened in Post office or SBI or any ... from one PO to another and PO to State bank or nationalized bank vice versa. d) All the above

Last Answer : d) All the above

RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

Description : RBI has imposed a fine of Rs 1 crore on which of the following banks for flouting bill discounting norms? A) Syndicate Bank B) United Bank of India C) Indian Overseas Bank D) UCO Bank E) Vijaya Bank

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EXIM Bank is authorized to raise loan from (a) RBI ; (b) Government of India ; (c) International market ; (d) Trading activities

Description : EXIM Bank is authorized to raise loan from (a) RBI ; (b) Government of India ; (c) International market ; (d) Trading activities

Last Answer : (d) Trading activities 

The RBI has allowed Axis Bank to raise shareholding to up to ____ from the earlier limit of 49%. A) 54% B) 62% C) 59% D) 64% E) 70%

Description : The RBI has allowed Axis Bank to raise shareholding to up to ____ from the earlier limit of 49%. A) 54% B) 62% C) 59% D) 64% E) 70%

Last Answer : B) 62% Explanation: The Reserve Bank of India (RBI) allowed the bank to raise foreign shareholding limit to 62%, from the earlier limit of 49%. Foreign institutional investors (FIIs)/registered foreign ... 49% up to 62%of the paid-up capital of Axis Bank under the Portfolio Investment Scheme (PIS)

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Description : What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Last Answer : C) Rs 500 crore Explanation: The Reserve Bank of India released norms for on-tap permits for private sector banks and said the validity of the in-principle approval issued by the RBI will be 18 months from the date of granting in-principle approval.

Bank Holidays are covered by which of the following? A. As per the order of the GOI B. As per the order of the IBA C. Negotiable Instruments Act D. RBI Act E. Other than those given as options

Description : Bank Holidays are covered by which of the following? A. As per the order of the GOI B. As per the order of the IBA C. Negotiable Instruments Act D. RBI Act E. Other than those given as options

Last Answer : C. Negotiable Instruments Act Explanation: Bank Holidays are declared by Central/State Governments/ Union Territory under the Negotiable Instruments (NI) Act, 1881.

Recently RBI has made necessary to have certification for bank employees involved in specialised jobs. The deadline to get this certification is A) April 1, 2017 B) April 1, 2018 C) January 1, 2018 D) January 1, 2017 E) July 1, 2017

Description : Recently RBI has made necessary to have certification for bank employees involved in specialised jobs. The deadline to get this certification is A) April 1, 2017 B) April 1, 2018 C) January 1, 2018 D) January 1, 2017 E) July 1, 2017

Last Answer : B) April 1, 2018 Explanation: Bank employees working in specialised areas such as treasury, risk management and accounting will need to be specially trained and go through certification ... obtain the requisite certification before April 1, 2018 for getting posted in these functional areas.

As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Description : As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Last Answer : D. 500 Crore Explanation: The RBI licensing norms stipulate that a new bank must have Rs.500 crore capital.

Who among the following decides the volume and value of bank notes to be printed in India? A. RBI B. SBI C. Security Printing and Minting Corporation of India D. All of the Above

Description : Who among the following decides the volume and value of bank notes to be printed in India? A. RBI B. SBI C. Security Printing and Minting Corporation of India D. All of the Above

Last Answer : A. RBI Explanation: The Reserve Bank based on the demand requirement indicates the volume and value of banknotes to be printed each year to the Government of India which get finalised after ... the demand for banknotes, GDP growth, replacement of soiled banknotes, reserve stock requirements, etc.

During last five years, which of the following Institutions have extended the largest amount of fresh credit for agriculture in India among all the institutions given in the list ? (A) NABARD (Direct credit) (B) Commercial Banks (C) Cooperative Banks (D) Primary Agricultural Credit Societies (E) Regional Rural Banks and Local Area Banks

Description : During last five years, which of the following Institutions have extended the largest amount of fresh credit for agriculture in India among all the institutions given in the list ? (A) ... Cooperative Banks (D) Primary Agricultural Credit Societies (E) Regional Rural Banks and Local Area Banks

Last Answer : (E) Regional Rural Banks and Local Area Banks

Which of these terms are/is appropriate for RBI? (a) Banker’s Bank ; (b) Banker’s to the Government ; (c) Both ; (d) None

Description : Which of these terms are/is appropriate for RBI? (a) Banker’s Bank ; (b) Banker’s to the Government ; (c) Both ; (d) None

Last Answer : (c) Both ;

In India, the bank NABARD does not provide refinance to which bank? -Do You Know?

Description : In India, the bank NABARD does not provide refinance to which bank? -Do You Know?

Last Answer : answer:

In India, the bank NABARD does not provide refinance to which bank?

Description : In India, the bank NABARD does not provide refinance to which bank?

Last Answer : Export-Import Banks

1. The quality of sound produced by an instrument depends on the which thing? 2. The term ‘Tee’ is connected with which game? 3. In India, the bank NABARD does not provide refinance to which bank? 4. What is the main activity of Eskimos during the short period of summer season ? 5. With which external trade of the Sangam were people carried on?

Description : 1. The quality of sound produced by an instrument depends on the which thing? 2. The term Tee' is connected with which game? 3. In India, the bank NABARD does not provide refinance to which ... deficit in Govt. of India budget? 19. Which pair of ocean currents meet each other near Newfound land?

Last Answer : Answer : 1. Number of overtones 2. Golf 3. Export-Import Banks 4. Hunting 5. Romans 6. NPK 7. 97 subjects 8. Common salt is exposed to air 9. Plucking 10. Rajendra Chola I 11. Chess ... Sedimentary rocks 15. Rajaraja 16. Eleventh Schedule 17. 106 ohm 18. Fiscal deficit 19. Gulf stream and Labrador

Which of the following is the clearing agency for Government securities? A. RBI B. GOI C. CCIL D. SEBI E. None of the Above

Description : Which of the following is the clearing agency for Government securities? A. RBI B. GOI C. CCIL D. SEBI E. None of the Above

Last Answer : C. CCIL Explanation: The CCIL is the clearing agency for Government securities. It acts as a Central Counter Party (CCP) for all transactions in Government securities by interposing itself between two counter parties.