A Bank is a

(a)

Financial institution

(b)

Corporate

(c)

An Industry

(d)

Service institutions

A Commercial Bank is an institution that provides services

(a)

Accepting deposits

(b)

Providing loans

(c)

Both a and b

(d)

None of the above

The Functions of commercial banks are broadly classified into

(a)

Primary Functions

(b)

Secondary functions

(c)

Other functions

(d)

a, b, and c

Bank credit refers to

(a)

Bank Loans

(b)

Advances

(c)

Bank loans and advances

(d)

Borrowings

Credit creation means

(a)

Multiplication of loans and advances

(b)

Revenue

(c)

Expenditure

(d)

Debt

NBFI does not have.

(a)

Banking license

(b)

government approval

(c)

Money market approval

(d)

Finance ministry approval

Central bank is_____ authority of any country.

(a)

Monetary

(b)

Fiscal

(c)

Wage

(d)

National Income

Who will act as the banker to the Government of India?

(a)

SBI

(b)

NABARD

(c)

ICICI

(d)

RBI

Lender of the last resort is one of the functions of.

(a)

Central Bank

(b)

Commercial banks

(c)

Land Development Banks

(d)

Co-operative banks

Bank Rate means.

(a)

Re-discounting the first class securities

(b)

Interest rate

(c)

Exchange rate

(d)

Growth rate

Repo Rate means.

(a)

Rate at which the Commercial Banks are willing to lend to RBI

(b)

Rate at which the RBI is willing to lend to commercial banks

(c)

Exchange rate of the foreign bank

(d)

Growth rate of the economy

Moral suasion refers.

(a)

Optimization

(b)

Maximization

(c)

Persuasion

(d)

Minimization

ARDC started functioning from

(a)

June 3, 1963

(b)

July 3, 1963

(c)

June 1, 1963

(d)

July 1, 1963

NABARD was set up in

(a)

July 1962

(b)

July 1972

(c)

July 1982

(d)

July 1992

EXIM bank was established in.

(a)

June 1982

(b)

April 1982

(c)

May 1982

(d)

March 1982

The State Financial Corporation Act was passed by

(a)

Government of India

(b)

Government of Tamilnadu

(c)

Government of Union Territories

(d)

Local Government

Monetary policy his formulated by.

(a)

Co-operative banks

(b)

Commercial banks

(c)

Central Bank

(d)

Foreign banks

Online Banking is also known as.

(a)

E-Banking

(b)

Internet Banking

(c)

RTGS

(d)

NEFT

Expansions of ATM

(a)

Automated Teller Machine

(b)

Adjustment Teller Machine

(c)

Automatic Teller mechanism

(d)

Any Time Money

2016 Demonetization of currency includes denominations of

(a)

Rs.500 and Rs.1000

(b)

Rs.1000 and Rs.2000

(c)

Rs.200 and Rs.500

(d)

All the above