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 : Refinance facility is provided by NABARD. Which institutins can avail it. (a) Commercial Bank. (b) Regional Rural Banks. © State Cooperative Banks. (d) All of the above.
Last Answer : (d) All of the above.
Description : In India, which bank has the highest share in the disbursement of credit to agriculture and allied activities? a) Cooperative Banks b) Regional Rural Banks c) Commercial Banks d) Microfinance institutions
Last Answer : Answer- c
Description : Reserve Bank of India was nationalised in (1) 1948 (2) 1947 (3) 1949 (4) 1950
Last Answer : 1949
Description : Which bank enjoys monopoly power of note issue? (a) NABARD. (b) Commercial Bank. © Central Bank. (d) Regional Rural Bank.
Last Answer : © Central Bank.
Description : Bank rate is that rate on which - (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies
Last Answer : (3) Central Bank of Country lends money to the commercial banks Explanation: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and ... reserve bank, while the repo rate is the rate at which the banks borrow from the central bank.
Description : Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies
Last Answer : Central Bank of Country lends money to the commercial 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
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 : 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 : 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 : 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 : Cosequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year - (1) 1973 (2) 1974 (3) 1975 (4) 1976
Last Answer : (3) 1975 Explanation: The Government of India set up Regional Rural Banks (RRBs) on October 2, 1975. Initially, five RRBs were set up on October 2, 1975 which were sponsored by Syndicate Bank, ... share being 50% by the central government. 15% by the state government and 35% by the scheduled bank.
Description : Consequent upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year (1) 1973 (2) 1974 (3) 1975 (4) 1976
Last Answer : 1975
Description : The Regional Rural Banks were owned by _________ A. Central Government B. State Government C. Sponsor Banks D. All of the Above
Last Answer : D. All of the Above Explanation: The Regional Rural Banks were owned by the Central Government, the State Government and the Sponsor Bank. Central Government-50% State Government- 15% Sponsor Banks- 35%.
Description : In which year, some more commercial banks in addition to the first lot of 141 were nationalised in India? -Do You Know?
Last Answer : answer:
Description : In which year, some more commercial banks in addition to the first lot of 141 were nationalised in India?
Last Answer : 1980
Description : 1. A deuterium nucleus consists of which particles? 2. With which field is Begum Akhtar associated? 3. In which year, some more commercial banks in addition to the first lot of 141 were ... 20. Which Sultan of Delhi had accepted the Suzerainty of the Timurid ruler Mirza Shah Rukh ?
Last Answer : Answer : 1. One proton and one neutron 2. Vocal Music 3. 1980 4. Godavari 5. Dharmachakrapravartan 6. Latic Acid 7. Germany and Austria 8. Frequency 9. Jupiter 10. Hathigunipha inscription 11. K. R. Kamath ... 16. British Monarch 17. 5 18. Fourth 5-Yr Plan 19. 30,000 km 20. Khizr Khan Sayyid
Description : When was the Reserve Bank of India nationalised? a. January 1, 1949 b. January 1, 1950 c. January 1, 1951 d. January 1, 1952
Last Answer : a. January 1, 1949
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 : Commercial banks create credit - (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits
Last Answer : (4) on the basis of their deposits Explanation: Commercial banks create credit on the basis of their deposits. Credit creation is the multiple expansions of banks demand deposits. Whenever, ... will depend on the primary deposits and also on the amounts of minimum legal resource requirement.
Description : What is the Cash Reserve Ratio (CRR)? a) the fraction of the deposits that commercial banks lend to the customers b) the fraction of the deposits that RBI must keep with commercial banks c) the fraction of the deposits that commercial banks must keep with RBI d) none of the above
Last Answer : c) the fraction of the deposits that commercial banks must keep with RBI
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 : Commercial banks create credit (1) on the basis of their securities (2) on the basis of their assets (3) on the basis of their reserve fund (4) on the basis of their deposits
Last Answer : on the basis of their deposits
Description : Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers
Last Answer : (2) Central bank gives loans to Commercial banks Explanation: Bank rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are very short in duration.
Description : Regional Rural Banks are designed to work in which ideal? -Do You Know?
Description : Regional rural banks are governed by
Last Answer : NABARD
Description : Which of the following programs sponsored by central government aims at enabling the rural population to conserve water for drinking, -Geography
Last Answer : Correct answer is (b) Haryali
Description : The small scale unit wishing to export has to obtain exporters code number from _________. A. The Reserve Bank of India. B. The Central Bank of India. C. Any Regional Bank. D. Any International Bank.
Last Answer : A. The Reserve Bank of India.
Description : The contribution of central govt. in the capital share of Regional Rural Bank
Last Answer : Ans. 50%
Description : Bank rate is the rate of interest: (1) At which public borrows money from Commercial Banks (2) At which public borrows money from R.B.I. (3) At which Commercial Banks borrow money from R.B.I. (4) At which Commercial Banks borrow money from the public
Last Answer : (3) At which Commercial Banks borrow money from R.B.I. Explanation: Bank Rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are ... activity. Regulation of the economy through management of the money supply is referred to as monetary policy.
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.
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.
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.
Description : What would be bad for the consumer if your countries banks were nationalised?
Last Answer : answer:There is much about the banking and financial industries that causes consumers concern. Having the option to choose which bank or credit union with which to do business is a big ... public transport, but the lack of competition is not the key to maximizing customer satisfaction.
Description : Howmany of Banks were nationalised since 1969? -General Knowledge
Last Answer : The answer is '20'
Description : For providing inputs like quality seeds, fertilizers and pesticides, the agency present at the Village Panchayat Samiti Level is – 1) Nationalised Banks 2) Cooperative Society 3) Insurance Companies
Last Answer : 3) On the ventral surface of leaves
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 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 : Reserve Bank of India has granted in principle approval to the common service Centres to act as which operating unit to make bill payments in rural? A) Bharat Bill Payment B) National Bill Payment C) Non Banking Financial D) Mobile Banking Payment E) None of these
Last Answer : A) Bharat Bill Payment Explanation: Reserve Bank of India has granted in-principle nod to the common service centres RBI (CSCs) as Bharat Bill Payment Operating Unit to make bill payments at centres in rural bands.
Description : Rate of interest is determined by - (1) The rate of return on the capital invested (2) Central Government (3) Liquidity preference (4) Commercial Banks
Last Answer : (3) Liquidity preference Explanation: According to the classical view, rate of interest is determined by the interaction of supply of and demand for capital. Thus this theory is popularly called ... higher shall be the rate of interest. The liquidity preference constitutes the demand for money.
Last Answer : (4) Commercial Banks Explanation: Bank Rate is determined by the Reserve Bank of India. The rate of interest is determined by the commercial banks in India. As per RBI notification, banks are free to determine rates of interest subject to BPLR and spread guidelines.
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.
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
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
Description : Rate of interest is determined by (1) The rate of return on the capital invested (2) Central Government (3) Liquidity preference (4) Commercial Banks
Last Answer : Liquidity preference
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 : 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