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12th Standard English Medium Economics Subject Banking Creative 1 Mark Questions with Solution Part - II

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 5

    1 Marks

    5 x 1 = 5
  1. __________refers to bank loans and advances

    (a)

    Credit creation

    (b)

    Exchange rate

    (c)

    Bank credit

    (d)

    Bank debit

  2. __________does not have banking licence

    (a)

    SBI

    (b)

    RRB

    (c)

    NBFI

    (d)

    NABARD

  3. ______is the one of the functions of RBI.

    (a)

    Accepting Deposits

    (b)

    Advancing Loans

    (c)

    Collecting Cheques

    (d)

    Lender of the last resort

  4. ________ started functioning from 1st July 1963.

    (a)

    ARDC

    (b)

    IMF

    (c)

    RBI

    (d)

    SBI

  5. Following India’s independence on 15 August 1947, the RBI was nationalised on _____?

    (a)

    1 January 194

    (b)

    10 January 1949

    (c)

    1 January 1959

    (d)

    11 January 1949

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