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 : 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 : 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 : Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.
Last Answer : © SBI.
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 bank enjoys monopoly power of note issue? (a) NABARD (b) Agricultural bank © Industrial bank (d) Central bank.
Last Answer : (d) Central bank.
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 : In India, the bank NABARD does not provide refinance to which bank? -Do You Know?
Last Answer : answer:
Description : In India, the bank NABARD does not provide refinance to which bank?
Last Answer : Export-Import Banks
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
Description : Which of the following is not the function of commercial banks? (a) Issue of paper notes. (b) Credit control. © Acceptance of deposits (d) Advancing loans.
Last Answer : (a) Issue of paper notes.
Description : A lead means 1. a prospect who is more likely to avail of the Bank's product 2. a political leader 3. a religious leader 4. a bank chairman 5. none of these
Last Answer : a prospect who is more likely to avail of the Bank's produc
Description : 'NABARD' is associated with the development of - (1) agricultural sector and rural areas (2) heavy Industries (3) banking sector (4) real estates
Last Answer : (1) agricultural sector and rural areas Explanation: National Bank for Agriculture and Rural Development (NABARD) has been accredited with "matters concerning policy, planning and ... providing investment and production credit for promoting the various developmental activities in rural areas.
Description : Bankers Institute of Rural Development (BIRD) is a premier training establishment promoted by NABARD. Where is BIRD located? a. Bhopal b. Jabalpur c. Nashik d. Lucknow
Last Answer : d. Lucknow
Description : ‘NABARD’ is associated with the development of (1) agricultural sector and rural areas (2) heavy industries (3) banking sector (4) real estates
Last Answer : agricultural sector and rural areas
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 : 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 : 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 : 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 bank is called lender of the last resort? (a) Agricultural bank. (b) Industrial bank. © Commercial bank. (d) Central bank.
Description : Which of the following is not the function of commercial bank? (a) Acceptance of deposits. (b) Advancing loans. © Issue of paper notes. (d) Credit control.
Last Answer : © Issue of paper notes.
Description : Which bank deals with short term credit? (a) Agricultural Bank. (b) Industrial Bank. © Commercial Bank. (d) None of these.
Last Answer : © Commercial Bank.
Description : Which bank is called lender of the last resort? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) Central bank
Last Answer : (d) Central bank
Description : Which type of bank deals with short term credit? (a) Agricultural bank (b) Industrial bank © Commercial bank (d) None of these
Last Answer : © Commercial bank
Description : Nehru Rojgar Yojana was introduced for reducing unemployment in (a) Rural area (b) Urban area © Cities (d) Towns
Last Answer : (b) Urban area
Description : Jawahar Rojgar Yojana was introduced for reducing unemployment in (a) Rural area (b) Urban area © Cities (d) Towns
Last Answer : (a) Rural area
Description : What is the average calorie intake of rural India for measuring poverty line? (a) 2400 calories per person per day. (b) 2800 calories per person per day. © 2100 calories per person per day. (d) None of these.
Last Answer : (a) 2400 calories per person per day.
Description : The contribution of central govt. in the capital share of Regional Rural Bank
Last Answer : Ans. 50%
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 : 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 : 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 : 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 : 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 : 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 : How can one avail the warranties provided with an iPhone?
Last Answer : In Theory: Yes, ask any Apple Store personnel they will tell you so. In Practice: Not everywhere, Not all the time, Not as fast as locally sold iPhones. Warranty issues depends on iPhone ... need to change the iPhone completely, Apple policy dictates them to change it with the same exact model.
Description : Bankers Institute of Rural Development (BIRD) is a premier training establishment promoted by NABARD. Where is BIRD located? a. Ludhiana b. Lucknow c. Nashik d. Jabalpur e. Bhopal
Last Answer : b. Lucknow
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
Description : What is the largest bank in India? (a) United bank of India (b) Punjab National Bank. © Bank of India. © State Bank of India.
Last Answer : © State Bank of India.
Description : Moody's downgrades 15 global banks. Would the banks have been better served to allow homeowners to refinance?
Last Answer : I think so. Like a lot of mortgage holders who lost their homes, we would have held on, kept on paying and eventually caught up. The bank ended up selling our home for less than half of what we paid. I suppose the loss write off was worth more to them than our money.