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 : 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 : 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 : 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 : 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 : Which of the following banks has planned to commence urban microfinance operations in its 85 branches across the country? A) Yes Bank B) Kotak Mahindra Bank C) ICICI Bank D) Axis Bank E) None of these
Last Answer : D) Axis Bank Explanation: India s third largest private sector lender Axis Bank has forayed into Urban Microfinance segment and will now provide collateral free credit facilities to low- ... s flagship microfinance programme will be delivered via its technology driven ‗TAB based lending solution.
Description : Which of the following banks is ready to acquire Microfinance Grama Vidiyal? A) Bandhan Bank B) Yes Bank C) Axis Bank D) Kotak Mahindra Bank E) IDFC Bank
Last Answer : E) IDFC Bank Explanation: Private sector lender IDFC Bank announced the acquisition of Tamil Nadu-based Grama Vidiyal Microfinance that will help it widen the reach.
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 : The contribution of central govt. in the capital share of Regional Rural Bank
Last Answer : Ans. 50%
Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas ? Explain. -SST 10th
Last Answer : Banks and cooperatives should increase lending facilities in rural areas: 1. The informal sector lends at a high-interest rate in rural areas so the cost for the borrower is much more. 2. When the cost ... where the amount to be repaid is more than the borrower's income and he has to borrow more.
Description : Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain. -SST 10th
Last Answer : Most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers. Hence, it is necessary that banks and cooperatives increase their lending ... the formal credit is distributed more equally so that the poor can benefit from the cheaper loans.
Description : Which Bengali established the first rural microfinance and village development project ?
Last Answer : Rabindranath Tagore. The poet sent his son Rathindranath Tagore to Eleanor University in Urbana, USA to receive training and higher education in agriculture and animal husbandry.
Description : Regional Rural Banks are designed to work in which ideal? -Do You Know?
Last Answer : answer:
Description : Regional rural banks are governed by
Last Answer : NABARD
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 : 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 : 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 : Which of the following institutions do not hold a banking license? A. Small Banks B. Foreign Banks C. Commercial Banks D. NBFCs
Last Answer : D. NBFCs Explanation: Non-banking financial companies, or NBFCs, are financial institutions that provide banking services, but do not hold a banking license. These institutions are not allowed to take deposits from the public.
Description : Which of the following is an Association of Commercial Banks, Financial Institutions and Primary Dealers? A. GOI B. RBI C. PSBs D. FEDAI E. FIMMDA
Last Answer : E. FIMMDA Explanation: FIMMDA stands for The Fixed Income Money Market and Derivatives Association of India (FIMMDA). It is an Association of Commercial Banks, Financial Institutions and Primary Dealers. FIMMDA is a voluntary market body for the bond, Money And Derivatives Markets.
Description : Name the first Pakistani Bank which started its operation on August 17, 1947 A. Muslim Commercial Dank B. Habib Dank Ltd. C. United Bank Ltd. D. Allied Bank Ltd
Last Answer : ANSWER: B
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 : Are Banks and credit unions are the only types of financial institutions?
Last Answer : Need answer
Description : The main source of long-term credit for a business unit is - (1) sale of stocks and bonds to the public (2) borrowing from banks (3) loans from the Government (4) deposits from the public and financial institutions
Last Answer : (1) sale of stocks and bonds to the public Explanation: Companies issue securities called stocks and bonds to raise necessary capital which funds the company's daily operations and growth. ... issuing stock to owners called stockholders doesn't require the company's repayment of investor principal.
Description : Sub-prime lending refers to ________ A. lending done by banks at rates below PLR B. Funds raised by the banks at sub-libor rates C. Group of banks which are not rated as ... institutions including banks to customers not meeting with normally required credit appraisal standards E. All of the Above
Last Answer : D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards Explanation: In finance, subprime lending (also referred to ... schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc.
Description : The main source of long-term credit for a business unit is (1) sale of stocks and bonds to the public (2) borrowing from banks (3) loans from the Government (4) deposits from the public and financial institutions
Last Answer : sale of stocks and bonds to the public
Description : From the following records special sanction is needed for destruction from Head of circle a. Bill Register b. Memo of Disbursement c. Sub Office Saving Bank Journal
Last Answer : c. Sub Office Saving Bank Journal
Description : Which of the following company has changed its name to Bharat Financial Inclusion Ltd.? A) SKS Microfinance Ltd B) Spandana Sphoorty Financial Ltd C) Bhartiya Samruddhi Finance Limited D) Cashpor Micro Credit E) None of these
Last Answer : A) SKS Microfinance Explanation: The company had said the decision to change the name was taken as its core had undergone a transformation, equipping it to play a major role in fulfilling the ... presence across 18 states covering 1,00,000 villages, catering to its 63.65 lakh women members.
Description : The International Bank for Reconstruction and Development(IBRD) is an international financial institutions that offer loans to _____ A. Multinational Banks B. Multinational Financial Institutions C. Middle Income Developing Countries D. Non Government Organizations E. None of the Above
Last Answer : C. Middle Income Developing Countries Explanation: The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans to middle-income developing countries.
Description : A financial instrument is called a 'primary security' if ii represents the liability of : (1) some ultimate borrower (2) the Government of India (3) a primary cooperative bank (4) a commercial bank
Last Answer : (1) some ultimate borrower Explanation: Instruments (certificates) issued by the ultimate borrower are called primary securities. Instruments issued by intermediaries on behalf of the ultimate borrower are ... the business / project of the borrower for which the credit facility has been extended.
Description : A financial instrument is called a ‘primary security’ if it represents the liability of : (1) some ultimate borrower (2) the Government of India (3) a primary cooperative bank (4) a commercial bank
Last Answer : some ultimate borrower
Description : NABARD is a Bank for _____________ development A. Urban B. Agricultural and Rural C. Scientific D. Agriculture and research
Last Answer : B. Agricultural and Rural
Description : Which of the following statements are correct about the National Assessment and Accreditation Council ? 1. It is an autonomous institution. 2. It is tasked with the responsibility of assessing and accrediting institutions of higher education. 3 ... and 3 (B) 1 and 2 (C) 1, 2 and 4 (D) 2, 3 and 4
Last Answer : (B) 1 and 2
Description : In which activity percentage share of cooperative sector is the highest? -Do You Know?
Description : In which activity percentage share of cooperative sector is the highest?
Last Answer : Sugar production
Description : 1. Who proposed the Preamble before the Drafting Committee of the Constitution ? 2. Which compound is used as an antichlor? 3. In which activity percentage share of cooperative sector is the ... world's largest aggregation? 20. The Bahmanis of the Deccan rose to prominence in which century?
Last Answer : Answer : 1. Jawaharlal Nehru 2. Na2 S2 O3 3. Sugar production 4. Palk Strait 5. Bindusara 6. Fiji 7. Nepenthes 8. Jawaharlal Nehru 9. The Bering strait 10. Ahara 11. Expand more than liquids 12. ... grassland 15. Cholas 16. J.C. Bose 17. 12 18. Sodium thiosulphate 19. Gahirmatha 20. 14th century
Description : "This Union Territory possesses a coastal stretch of about 45 km with 28 marine fishing villages. However 45% of the population is engaged in agriculture and allied products". Which among the Territories is referred passage? (a) Lakshadweep (b) Pondicherry (c) Andaman and Nicobar (d) Daman
Last Answer : Ans: (a)
Description : During Twelfth Five-Year Plan, which one of the following average annual growth rate targets was envisaged for agriculture and allied sector? (1) 3.0 percent (2) 3.5 percent (3) 4.0 percent (4) 4.5 percent
Last Answer : (3) 4.0 percent Explanation: The average annual growth rate of agriculture and allied sector during the first four years of the current Five Year Plan period (2012- 17) has been 1.6 per cent as against the 12th plan target of 4 per cent per annum.
Last Answer : (3) 4.0 percent Explanation: The average annual growth rate of agriculture and allied sector during the first four years of the current Five Year Plan period (2012-17) has been 1.6 per cent as against the 12th plan target of 4 per cent per annum.
Description : The seventy third Amendment Act, 1992 of the Indian Constitution was passed to (1) strengthen Panchayti Raj (2) strengthen rural institutions (3) strengthen urban institution (4) None of the above
Last Answer : (1) strengthen Panchayti Raj Explanation: The Constitution (Seventy-third Amendment) Act, 1992 accorded the Panchayati Raj Institutions (PRIs) a constitutional status. The main features of the 73rd ... having a population of twenty lakhs; Fixed tenure for Panchayat bodies (Article 243E); etc.
Description : The recommendation of National Knowledge Commission for the establishment of 1500 Universities is to (A) create more teaching jobs (B) ensure increase in student enrolment in higher education (C) ... pu blic institutions (D) enable increased movement of students from rural areas to urban areas
Last Answer : Answer: B Na tional Knowledge Commission of the Government of India on Higher Education lays down certain guidelines for the betterment of the system. The NK C recommendations on higher education ... sector in the country, and providing access to higher education for larger numbers of students.
Description : What is the full form of NREGP? a. National Regional Employment Guarantee Programme b. National Rural Entrepreneurship Guarantee Programme c. National Rural Educational Guarantee Programme d. National Rural Employment Guarantee Programme e. None of these
Last Answer : d. National Rural Employment Guarantee Programme
Description : The Spirit of Mutual Aid In Cooperative Banks?
Last Answer : Cooperative banks have an impressive presence throughout the world. There are many in the United States, the United Kingdom, Canada and India among many places. They were initially seen as mutual ... is a classical feeling expressing a simple regard for others as people belonging to a community.
Description : All banks registered under the ___________ are considered co-operative banks. A. Banking Regulation Act 1949 B. The Bankers‘Books Evidence Act–1891 C. Cooperative Societies Act, 1912 D. Both (B) and (C) E. None of the Above
Last Answer : C. Cooperative Societies Act, 1912 Explanation: Co-operative banks operate in both urban and non-urban areas. All banks registered under the Cooperative Societies Act, 1912 are considered co-operative banks ... approved bylaws and amendments.co-operative banks work on a -no profit, no loss basis.
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 : 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 : 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 : In July, the UK government s development finance unit, CDC announced to infuse Rs 1,000 crore into its Finance unit in India to boost people s access to affordable housing. This finance unit is A) ... Finance C) IDF Financial Services Pvt Ltd D) YVU Financial Services Pvt Ltd E) None of these
Last Answer : B) India Infoline Finance Explanation: Diversified financial services company IIFL Holdings announced that UK governmentowned CDC Group will invest about Rs 1,000 crore in its unit India Infoline ... needs of under-served segments through diversified offerings, IIFL Holdings said in a release.