Government takes ‘ways and means advances’ from (1) RBI (2) IDBI (3) SBI (4) ICICI

Government takes ‘ways and means advances’ from (1) RBI (2) IDBI (3) SBI (4) ICICI 
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Government takes 'ways and means advances' from - (1) RBI (2) IDBI (3) SBI (4) ICICI

Description : Government takes 'ways and means advances' from - (1) RBI (2) IDBI (3) SBI (4) ICICI

Last Answer : (1) RBI Explanation: Ways and means advances (WMA) is a mechanism used by Reserve Bank of India (RBI) under its credit policy by which provides to the States banking with it to help ... WMA both to the Central and State governments. It aims to bridge the interval between expenditure and receipts.

SIDBI is a subsidiary bank of (a) IDBI ; (b) SBI ; (c) HDFC ; (d) ICICI

Description : SIDBI is a subsidiary bank of (a) IDBI ; (b) SBI ; (c) HDFC ; (d) ICICI

Last Answer : (a) IDBI ;

The Stock Exchanges in India are regulated by 1. RBI 2. SEBI 3. SBI 4. IDBI 5. None of these

Description : The Stock Exchanges in India are regulated by 1. RBI 2. SEBI 3. SBI 4. IDBI 5. None of these

Last Answer : SEBI

Exchange Control and Management is done by (a) RBI ; (b) As per Defence of India Act ; (c) SBI ; (d) IDBI

Description : Exchange Control and Management is done by (a) RBI ; (b) As per Defence of India Act ; (c) SBI ; (d) IDBI

Last Answer : (a) RBI ;

Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Description : Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Last Answer : (2) RBI Explanation: The scheduled primary (urban) cooperative banks are required to maintain with the Reserve Bank of India an average daily balance, the amount of which should not be less than 5 per ... least 3 per cent of their total demand and time liabilities in India on clay-to-day basis.

Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Description : Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Last Answer : (2) RBI Explanation: The scheduled primary (urban) cooperative banks are required to maintain with the Reserve Bank of India an average daily balance, the amount of which should not be less than 5 per ... least 3 per cent of their total demand and time liabilities in India on clay-to-day basis.

Scheduled Banks have to be registered with (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Description : Scheduled Banks have to be registered with (1) SEBI (2) RBI (3) Finance Ministry (4) SBI

Last Answer : RBI

Which of the following is not a private bank in India a. Axis Bank b. ICICI Bank c. IDBI Bank d. Development credit bank ltd

Description : Which of the following is not a private bank in India a. Axis Bank b. ICICI Bank c. IDBI Bank d. Development credit bank ltd

Last Answer : IDBI bank

IDBI, IFCI, ICICI etc. are promoted by_____.(a) private VCs b)VCFs of specialize financial institutions c) both )

Description : IDBI, IFCI, ICICI etc. are promoted by_____.(a) private VCs b)VCFs of specialize financial institutions c) both )

Last Answer : b)VCFs of specialize financial institutions

SIDBI was set up as a subsidiary of_________. A. IDBI. B. IFCI. C. ICICI. D. SFC.

Description : SIDBI was set up as a subsidiary of_________. A. IDBI. B. IFCI. C. ICICI. D. SFC.

Last Answer : A. IDBI.

_______ is the first development bank of the country. A. ICICI. B. IDBI. C. SFC. D. IFCI.

Description : _______ is the first development bank of the country. A. ICICI. B. IDBI. C. SFC. D. IFCI.

Last Answer : D. IFCI.

Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of ________ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

Description : Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of ________ A. RBI B. IDBI C. 34 Government of India owned / controlled institutions D. None of the Above

Last Answer : A. RBI Explanation: Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of Reserve Bank of India. It was established under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for ... recurring deposits for up to the limit of Rs. 100,000 of each deposits in a bank.

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.

Understand How MSME Certified Units can apply for Business loans from SBI, HDFC Bank, ICICI Bank, and Others?

Description : Understand How MSME Certified Units can apply for Business loans from SBI, HDFC Bank, ICICI Bank, and Others?

Last Answer : In view of the economic distress caused by the COVID-19 pandemic, the Finance Ministry unveiled a Rs 20 Lakh Crore comprehensive package, known as the Emergency Credit Line Guarantee Scheme (ECLGS). ... had announced Rs 3 lakh crore emergency credit line guarantee scheme (ECLGS) for MSME under t

Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank

Description : Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank

Last Answer : C) SBI Explanation: SBI‘s point of sales terminal network has become the largest in the country after it took over its private sector rivals. It plans to add 1 lakh PoS terminals in current fiscal ending March 2017.

Which of the following bansk has launched „Elite‟ card on the Master Card World platform which is enabled with NFC (Near Field Communication) technology? A) ICICI B) PNB C) SBI D) Axis Bank E) Canara Bank

Description : Which of the following bansk has launched „Elite‟ card on the Master Card World platform which is enabled with NFC (Near Field Communication) technology? A) ICICI B) PNB C) SBI D) Axis Bank E) Canara Bank

Last Answer : C) SBI Explanation: This allows customers a contactless payment experience, adding more speed and suave to their wallets. The new card comes with a joining fee of Rs 4,999 and all customers will receive a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brands.

Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D

Description : Which of the following banks has teamed up with Apollo to set up asset reconstruction company (ARC)? A) SBI B) Punjab National Bank C) Axis Bank D) ICICI Bank E) Both A and D

Last Answer : D) ICICI Bank Explanation: With the banking sector buffeted by bad loans, the country s largest private lender ICICI Bank teamed up with private equity major Apollo Global Management to launch an ... will acquire debt from lenders and also take equity stakes in borrowers, a bank statement read.

Which of the following banks have become the first banks to join SWIFT‟s global payments initiative? A) ICICI and HDFC Bank B) IndusInd Bank and SBI C) PNB and Federal Bank D) Axis Bank and ICICI E) ICICI and SBI

Description : Which of the following banks have become the first banks to join SWIFT‟s global payments initiative? A) ICICI and HDFC Bank B) IndusInd Bank and SBI C) PNB and Federal Bank D) Axis Bank and ICICI E) ICICI and SBI

Last Answer : D) Axis Bank and ICICI Explanation: Global payments leader SWIFT said that ICICI Bank and Axis Bank have become the first domestic lenders to sign up for its global payments innovation initiative ... and global reach and in the first phase, the initiative will focus on business-tobusiness payments.

Times Internet has partnered with which Bank to launch co-branded Debit Card? A) Punjab National Bank B) HDFC Bank C) ICICI Bank D) SBI E) None of these

Description : Times Internet has partnered with which Bank to launch co-branded Debit Card? A) Punjab National Bank B) HDFC Bank C) ICICI Bank D) SBI E) None of these

Last Answer : B) HDFC Bank Explanation: Times Internet (part of Bennett, Coleman & Co that owns The Economic Times), in partnership with HDFC Bank, announced the launch of a co-branded card on Thursday called the Times Points Debit Card.

Which two banks have been given the tag “too big too fail” for the year 2016? A) ICICI and Axis Bank B) Axis Bank and Punjab National Bank C) Punjab National bank and SBI D) SBI and ICICI E) SBI and Axis Bank

Description : Which two banks have been given the tag “too big too fail” for the year 2016? A) ICICI and Axis Bank B) Axis Bank and Punjab National Bank C) Punjab National bank and SBI D) SBI and ICICI E) SBI and Axis Bank

Last Answer : D) SBI and ICICI Explanation: The Reserve Bank of India retained the tag of -too big to fail banks for SBI and ICICI second year in a row. This means that the banking regulator ... time. Both these banks are required to make additional capital requirements after they were named as D-SIBs.

With you all the way is the slogan of 1. Vodafone 2. SBI 3. ICICI 4. Raymond's 5. HDFC

Description : With you all the way is the slogan of 1. Vodafone 2. SBI 3. ICICI 4. Raymond's 5. HDFC

Last Answer : SBI

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 ;

Buffer stock is the stock of foodgrains procured by the government through: a. IFCI b. FCI c. IDBI d. FICCI

Description : Buffer stock is the stock of foodgrains procured by the government through: a. IFCI b. FCI c. IDBI d. FICCI

Last Answer : b. FCI

Buffer stock is the stock of foodgrains procured by the government through (a) IFCI (b) FCI (c) IDBI (d) FICCI

Description : Buffer stock is the stock of foodgrains procured by the government through (a) IFCI (b) FCI (c) IDBI (d) FICCI

Last Answer : (b) FCI

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.

Which of the following has decided to block LPG subsidy and PAN of the tax defaulters? A) RBI B) SBI C) Income Tax Department D) Govt. of India E) Finance Ministry

Description : Which of the following has decided to block LPG subsidy and PAN of the tax defaulters? A) RBI B) SBI C) Income Tax Department D) Govt. of India E) Finance Ministry

Last Answer : C) Income Tax Department Explanation: Income Tax Department is set to block Permanent Account Number (PAN) of wilful defaulters and their LPG subsidy and take measures to ensure that they are not sanctioned loans.

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.

The NHB, which a wholly – owned subsidiary of the_____.(a )SBI b) BOI c)RBI)

Description : The NHB, which a wholly – owned subsidiary of the_____.(a )SBI b) BOI c)RBI)

Last Answer : c)RBI)

_____has constantly endeavoured to develop the commercial bills market. a. Commercial bank b. RBI c. SBI

Description : _____has constantly endeavoured to develop the commercial bills market. a. Commercial bank b. RBI c. SBI

Last Answer : b. RBI

Open market operations of RBI refer to buying and selling of - (1) Commercial bills (2) Foreign exchange (3) Gold (4) Government bonds

Description : Open market operations of RBI refer to buying and selling of - (1) Commercial bills (2) Foreign exchange (3) Gold (4) Government bonds

Last Answer : (4) Government bonds Explanation: OMOs are the market operations conducted by the Reserve Bank of India by way of sale/ purchase of Government securities to/ from the market with an objective to ... are tight, the RBI will buy securities from the market, thereby releasing liquidity into the market.

The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organization (4) None of these

Description : The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organization (4) None of these

Last Answer : (3) The NSSO (National Sample Survey Organization Explanation: The National Sample Survey Office (NSSO) in India is a unique setup to carry out surveys on socioeconomic, demographic, agricultural ... of India for collection of statistical data in the areas which are vital for developmental planning.

Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization

Description : Open Market Operations refer to (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilization

Last Answer : (3) Purchase and sale of Government securities by RBI Explanation: Open Market Operation (OMO) refers to the buying and selling of government securities in the open market in order to expand or ... in the banking system. A central bank uses OMO as the primary means of implementing monetary policy.

The RBI can decrease the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Description : The RBI can decrease the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Last Answer : a) selling government securities

The RBI can increase the money supply in the market by: a) selling government securitiesb) buying government securitiesc) borrowing money from commercial banksd) none of the above

Description : The RBI can increase the money supply in the market by: a) selling government securities b) buying government securities c) borrowing money from commercial banks d) none of the above

Last Answer : b) buying government securities

In monetary terminology, what is called the 'monetary base' or 'high powered money'? a) the total assets of RBI b) the total liability of RBI c) the total debt of the government d) the total foreign exchange of RBI

Description : In monetary terminology, what is called the 'monetary base' or 'high powered money'? a) the total assets of RBI b) the total liability of RBI c) the total debt of the government d) the total foreign exchange of RBI

Last Answer : b) the total liability of RBI This includes the currency (notes and coins in circulation and vault cash of commercial banks) along with the deposits held by the Government of India ad commercial banks with RBI.

Open market operations of RBI refer to buying and selling of (1) Commercial bills (2) Foreign exchange (3) Gold (4) Government bonds

Description : Open market operations of RBI refer to buying and selling of (1) Commercial bills (2) Foreign exchange (3) Gold (4) Government bonds

Last Answer : Government bonds

The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organi-sation) (4) None of these

Description : The data collection for national income estimation is conducted in India by— (1) The Finance Ministry of the Government of India (2) The RBI (3) The NSSO (National Sample Survey Organi-sation) (4) None of these

Last Answer : The NSSO (National Sample Survey Organi-sation)

Open Market Operations refer to __________ . (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilisation

Description : Open Market Operations refer to __________ . (1) Borrowings by Scheduled banks from RBI (2) Lending by Commercial banks to industry (3) Purchase and sale of Government securities by RBI (4) Deposit mobilisation

Last Answer : Purchase and sale of Government securities by RBI

Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Description : Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Last Answer : (1) decrease in the internal value of money Explanation: Devaluation refers to a decline in the value of a currency in relation to another, usually brought about by the actions of a central bank ... with developing countries that don't allow their currency prices to float freely on the open market.

Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Description : Devaluation of money means : (1) decrease in the internal value of money (2) decrease in the external value of money (3) decrease in both internal and external value of money (4) the government takes back currency notes of any denominations

Last Answer :  decrease in the external value of money

Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.

Description : Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.

Last Answer : © SBI.

9. Which of the following international organization has lead the race to buy stake in government controlled IDBI bank? A) Asian Development Bank B) Commonwealth Development Corporation C) International Finance Corporation D) GIC of Singapore E) None of these

Description : 9. Which of the following international organization has lead the race to buy stake in government controlled IDBI bank? A) Asian Development Bank B) Commonwealth Development Corporation C) International Finance Corporation D) GIC of Singapore E) None of these

Last Answer : C) International Finance Corporation Explanation: World Bank s private sector lending arm International Finance Corporation (IFC) has emerged as the top contender to buy around 15 per cent in government ... Corporation. IFC is World Bank arm and is looking for a greater say in running IDBI.

Which organization collects data for the unorganized sector? (1) NSSO (2) CSO (3) ASI (4) RBI

Description : Which organization collects data for the unorganized sector? (1) NSSO (2) CSO (3) ASI (4) RBI

Last Answer : (1) NSSO Explanation: The National Sample Survey Office (NSSO) in India is a unique setup to carry out surveys on socioeconomic, demographic, agricultural and industrial subjects for collecting ... sector, covers all the residual units which are not covered under the registered manufacturing sector.

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

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.

Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Description : Which of the following brings out the 'Consumer Price Index Number' for Industrial workers? (1) RBI (2) The Labour Bureau (3) Commerce Department (4) NITI Aayog

Last Answer : (2) The Labour Bureau Explanation: The Consumer Price Index Numbers for Industrial Workers CPI (IW) are being compiled, maintained and disseminated by the Labour Bureau since its inception in October, 1946. ... of the economy. These index numbers are compiled by the Bureau on month to month basis.

Capital Market Regulator is: (1) NSE (2) RBI (3) SEBI (4) IRDA

Description : Capital Market Regulator is: (1) NSE (2) RBI (3) SEBI (4) IRDA

Last Answer : (3) SEBI Explanation: Capital Market Regulator is the Securities and Exchange Board of India (SEBI).

Bank rate is the rate of interest - (1) at which public borrows money from Commercial Bank (2) at which public borrows money from RBI (3) at which Commercial Banks borrow money from RBI (4) at which Commercial Banks borrow money from public

Description : Bank rate is the rate of interest - (1) at which public borrows money from Commercial Bank (2) at which public borrows money from RBI (3) at which Commercial Banks borrow money from RBI (4) at which Commercial Banks borrow money from public

Last Answer : (3) at which Commercial Banks borrow money from RBI Explanation: Bank Rate is the interest rate at which a nation’s central bank lends money to domestic banks. Managing the bank rate is a preferred method by which central banks can regulate the level of economic activity.

The process by which RBI or any Central bank protects the economy against adverse economic shocks is known as :a) protectionb) liberalizationc) stabilizationd) sterilization

Description : The process by which RBI or any Central bank protects the economy against adverse economic shocks is known as : a) protection b) liberalization c) stabilization d) sterilization

Last Answer : d) sterilization

By increasing the 'Bank Rate', the RBI can: a) provide incentives to commercial banks to lend more to public b) provide incentives to commercial banks to lend less to public c) increase the money supply in the market d) none of the above

Description : By increasing the 'Bank Rate', the RBI can: a) provide incentives to commercial banks to lend more to public b) provide incentives to commercial banks to lend less to public c) increase the money supply in the market d) none of the above

Last Answer : b) provide incentives to commercial banks to lend less to public Bank rate is the rate at which commercial banks can borrow money from the RBI. If the rate is higher, then taking money from RBI becomes difficult, so the banks will lend less to public. And vice-versa.

What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above

Description : What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above

Last Answer : a) The rate at which commercial banks borrow money from RBI Bank rate is the rate at which commercial banks can borrow money from the RBI. If the rate is higher, then taking money from RBI becomes difficult, so the banks will lend less to public. And vice-versa.