Description : According to a report by Reserve Bank of India, country‟s gross bad loans are expected to grow from 7.6% to ________ by March 2017. A) 9.2% B) 8.2% C) 8.5% D) 8.0% E) None of these
Last Answer : C) 8.5% Explanation: Gross bad loans at banks may rise to 8.5 percent of total assets by March 2017 from 7.6 percent in March 2016 if the central bank orders them to conduct a second round of ... Meanwhile, under a -severe stress situation, total bad loans could rise to 9.3 percent in March 2017.
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 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 : What type of money does The money multiplier effect shows that when a bank has a lower reserve rate they are able to generate what money?
Last Answer : Need answer
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 : 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 : What is the interest rate at which banks borrow money from Reserve Bank of India (RBI) called?
Last Answer : Repo Rate
Description : Which of the below-mentioned institutes are linked with the financial sector of India controlled by the Reserve Bank of India (RBI)? a) Commercial Bank b) Money Lenders c) Stock Exchange Operations d) All the above
Last Answer : Answer- c
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 : 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 of the following is not a successful communicator? (a) One who presents material in a precise and clear way. (b) One who is able to adapt himself according to the language of ... somewhat reserve in his attitude. (d) One who sometimes becomes informal before the receiver and develops rap
Last Answer : (c) One who knows a lot but is somewhat reserve in his attitude.
Description : Differentiate between Reserve Bank of India RBI and Commercial Bank. -SST 10th
Last Answer : Difference between Reserve Bank of India and Commercial Bank :-
Description : How does the Reserve Bank of India supervise the functioning of banks? -SST 10th
Last Answer : Reserve Bank of India (RBI) supervised the banks in the following ways : (i) It monitors the balance kept by banks for day-to-day transactions. (ii) It checks that the banks give loans ... credit facilities provided by bank. RBI makes sure that the loans from the banks are affordable and cheap.
Description : If i send money through my bank account in Bank of America can i have a receipt that i can print where i can prove that the other person got the money?
Last Answer : Send money how? Like a wire transfer? The bank will provide you with a receipt of the transaction. If you somehow don’t find a way to print one online. Call them or go to a branch and they can provide it as well.
Description : I do a lot of print design work, which type of computer monitor is better for me, an LCD or CRT?
Last Answer : A LCD monitor runs at a lower meg hertz and might be as bright, you can always go with a high MAC LCD monitor that a lot of professional graphic designers use.
Description : 8. In what ways does the Reserve Bank of India supervise the functioning of banks? Why is this necessary? -Economics 10th
Last Answer : The Reserve Bank of India is the central bank of India, and all the other public sector banks work under the supervision of the Reserve Bank of India. It manages the functioning of the banks in ... to people.It also keeps a regular check on the interest rates set for loans in public sector banks.
Description : If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation? -General Knowledge
Last Answer : The answer is 'Increase'
Description : When was the Reserve Bank of India taken over by the Government? -General Knowledge
Last Answer : The answer is '1948'
Description : If the cash-reserve ratio is lowered by the Central bank, what will be its effect on credit creation? -Do You Know?
Last Answer : answer:
Description : When was the Reserve Bank of India taken over by the Government? -Do You Know?
Description : Where is the headquarters of Reserve Bank of India? -General Knowledge
Description : How much can an Indian citizen save in a foreign bank without the permission of the Reserve Bank ?
Last Answer : An Indian citizen can save up to লাখ 1 million in a foreign bank without the permission of the Reserve Bank .
Description : If the reserve rate is at 9 and a bank receives a deposit of 8000 how much of the 800 is the bank free?
Last Answer : $7280, 9% of 8000 is 720 and they are free to loan everything except the $720.
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 : When was Reserve Bank of India Established?
Last Answer : April 1935, Kolkata
Description : The capital issues of public limited companies are subject to guidelines issued by– (A) Reserve Bank of India (B) Central Government (C) Central Bank of India (D) Securities & Exchange Board of India (SEBI)
Last Answer : Answer: Securities amp; Exchange Board of India (SEBI)
Description : Reserve Bank of India is a– (A) Government Company (B) Departmental Organisation (C) Statutory Corporation (D) None of the above
Last Answer : Answer: Government Company
Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)
Last Answer : Answer: Reserve Bank of India (RBI)
Description : The salaries and allowances of the Council of Ministers of the State Government are paid from the : (1) Reserve Bank of India (2) Treasury of the State Government (3) Contingency Fund of the State (4) Consolidated Fund of the State
Last Answer : (4) Consolidated Fund of the State Explanation: Members of the Legislative Assembly and the Legislative Council of a State shall be entitled to receive such salaries and allowances as may ... the Legislative Assembly of the corresponding province. The salary is paid from state consolidated fund.
Description : The salaries and emoluments of the judges of the Supreme Court are charged on (1) The Reserve Bank of India (2) The Contingency Fund of India (3) The Consolidated Fund of India (4) The Finance Commission
Last Answer : (3) The Consolidated Fund of India Explanation: Article 101 deals with remuneration of Judges of the Supreme Court. It states that the salaries payable to the Judges of the Supreme Court under this ... and pension payable to or in respect of the Comptroller and Auditor General of India; etc.
Description : Recommendations to the President of India on the specific Union state fiscal relation are made by the- (1) Finance Minister (2) Reserve Bank of India (3) Planning Commission (4) Finance Commission
Last Answer : (4) Finance Commission Explanation: The finance commission made recommendations to the president of India on the specific union state fiscal relation.
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 : 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 : 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 : 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 : An account for which a bank acts as an uninterested third party is termed as _______ A. Savings Account B. Current Account C. Reserve Account D. Escrow Account
Last Answer : D. Escrow Account Explanation: An escrow account is a temporary pass through account held by a third party during the process of a transaction between two parties. Definition: An escrow account ... pass through account held by a third party during the process of a transaction between two parties.
Description : Cash kept in the currency chest is owned by? A. Currency Chest branch bank B. State Bank of India C. Central Government D. Reserve Bank of India
Last Answer : D. Reserve Bank of India Explanation: The amount of cash kept in the currency chest belongs to the RBI and is used for maintaining the Cash Reserve Ratio. To facilitate the distribution of ... These are actually storehouses where banknotes and rupee coins are stocked on behalf of the Reserve Bank.
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 : Reserve Bank announced the cap under Market Stabilisation Scheme (MSS) which has been fixed at Rs 30,000 crore for the current fiscal. MSS was launched in the year A) 2001 B) 2006 C) 2005 D) 2004 E) None of these
Last Answer : D) 2004 Explanation: The scheme was launched in 2004.Under this scheme securities are issued with the objective of providing the RBI with a stock of securities with which it can intervene in the market for managing liquidity. These securities are issued not to meet the government‘s expenditure.
Description : The Reserve Bank of India imposed how much penalty on Bank of Baroda in the alleged Rs 6000 crore forex related irregularities that came to light in October last year? A) Rs 5 crore B) Rs 7 crore C) Rs 5.5 crore D) Rs 6.2 crore E) Rs 6 crore
Last Answer : A) Rs 5 crore Explanation: The RBI carried out an inspection after Rs 6,100 crore import remittances were effected by Bank of Baroda‘s Ashok Vihar branch in New Delhi.
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.