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 bank deals with short term credit? (a) Agricultural Bank. (b) Industrial Bank. © Commercial Bank. (d) None of these.
Last Answer : © Commercial 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 : Which bank enjoys monopoly power of note issue? (a) NABARD (b) Agricultural bank © Industrial bank (d) Central bank.
Last Answer : (d) Central bank.
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 : 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 : 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 agricultural income is calculated by (a) Income method (b) Output method © Expenditure method (d) None of them.
Last Answer : (b) Output method
Description : The contribution of agricultural sector is decreasing in India’s economy then what conclusion can be drawn? (a) India is growing towards a developed economy. (b) India is growing towards a developing economy. © India is growing towards a less developed economy. (d) None of the above.
Last Answer : (a) India is growing towards a developed economy.
Description : Which sector contributes largest to India’s national income? (a) Agricultural sector (b) Manufacturing sector © Service sector (d) Small scale industry.
Last Answer : © Service sector
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
Last Answer : Reserve Bank of India
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 : What is the The study of the agricultural industrial and commercial activities of man on the earth's surface is called.?
Last Answer : Feel Free to Answer
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 : 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 : An increase in per capital income is not an indication of an increase in the economic welfare of the people - (1) When such increase is the result of an increased production action of ... the production of industrial goods (4) When such increase is the result of increased production of intoxicants
Last Answer : (4) When such increase is the result of increased production of intoxicants Explanation: An increase in per capita income due to increased production of intoxicants cannot be taken as economic ... population, include: GDP, literacy, access to health care, and assessments of environmental quality.
Description : What type of products, does CACP recommend minimum support price for? (1) Industrial products (2) Agricultural products (3) Pharmaceutical products (4) None of the above
Last Answer : (2) Agricultural products Explanation: The Agricultural Prices Commission was set up in January. 1965 to advise the Government on price policy of major agricultural commodities. Since March 1985, the ... are fixed by the government. each year, after taking into account the recommendations of CACP.
Description : The law of diminishing returns applies to - (1) All sectors (2) Industrial sector (3) Agricultural sector (4) Service sector
Last Answer : (1 ) All sectors Explanation: The classical economists were of the opinion that - the law of diminishing returns applies only to agriculture and to some extractive industries, such as mining, fisheries urban land, etc. However, it is applicable to other sectors such as manufacturing as well.
Description : What type of products, does CACP recommend minimum support price for ? (1) Industrial products (2) Agricultural products (3) Pharmaceutical products (4) None of the above
Last Answer : Agricultural products
Description : An increase in per capital income is not an indication of an increase in the economic welfare of the people (1) When such increase is the result of an increased production of comforts ( ... production of industrial goods (4) When such increase is the result of increased production of intoxicants
Last Answer : When such increase is the result of increased production of intoxicants
Description : The law of diminishing returns applies to (1) All sectors (2) Industrial sector (3) Agricultural sector (4) Service sector
Last Answer : All sectors
Description : How can I buy Repossessed Cars from bank or title lender?
Last Answer : These entities regularly auction off repossessed cars. Places and times vary by bank and region, so call the banks in your area to get started.
Description : B) American Express Explanation: India‘s largest lender State Bank of India (SBI) and American Express have entered into alliance to expand AmEx card acceptance in India.
Last Answer : RBI has launched new restructuring tool S4A to raise banks moral hazard risk. What is it? A) Scheme for Systematic Structuring of Stressed Assets B) Scheme for Sustainable Structuring of ... Structuring of Scholastic Assets D) Scheme for Sustainable Strength of Stressed Assets E) None of these
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 : Which of the following is not an apex institution? (a) SIDBI. (b) NABARD. © SBI. (d) State Cooperative Bank.
Last Answer : © SBI.
Description : Which of the following is an example of fiscal policy (a) Change in interest rate (b) Change in tax rate © Controlling money supply (d) Manipulating bank rate
Last Answer : (b) Change in tax rate
Description : hat posses general acceptability? (a) Bill of exchange (b) Bond © Money (d) Bank draft
Last Answer : © Money
Description : The gradation and standardization of agricultural products are conducted through (1) Food Corporation of India (2) Directorate of Marketing and Inspection (3) Indian Standards Institution (4) Central Statistical Organization
Last Answer : (2) Directorate of Marketing and Inspection Explanation: The Directorate of Marketing and Inspection (DMI) is an attached Office of the Ministry of Agriculture. It was set up in the year ... country. It is entrusted with promotion of standardization and grading of agricultural and allied produce.
Description : Agricultural income tax is a source of revenue to - (1) Central Government (2) State Government (3) Local Administration (4) Centre and State Governments
Last Answer : (2) State Government Explanation: The Constitution of India allocates the taxation of agricultural income to states. Land revenue is a major source of revenue for states in India
Description : Agricultural income tax is a source of revenue to (1) Central Government (2) State Government (3) Local Administration (4) Centre and State Govern ments
Last Answer : State Government
Description : The gradation and standardisation of agricultural products are conducted through (1) Food Corporation of India (2) Directorate of Marketing and Inspection (3) Indian Standards Institution (4) Central Statistical Organisation
Last Answer : Directorate of Marketing and Inspection
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 : 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 : 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 : 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 : Exchange of goods against goods is called (a) Charter (b) Barter © Hunter (d) None of them.
Last Answer : (b) Barter
Description : A period of expansion and contraction measured by real GDP is called (a) Business cycle (b) Expansion © Recession (d) Contraction
Last Answer : (a) Business cycle
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 : 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
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