Banking And Financial Institutions - Study Mode

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[#626] Under the Cooperative Bank structure, the apex institution is

(A) National Cooperative Bank

(B) State Cooperative Bank

(C) District Cooperative Bank

(D) IDBI Bank

Correct Answer

(B) State Cooperative Bank

[#627] The Regulatory Authority of Regional Rural Banks is

(A) NABARD

(B) Central Government

(C) State Government

(D) Sponsor Bank

(E) NABARD

(F) Central Government

(G) State Government

(H) Sponsor Bank

Correct Answer

(A) NABARD
(E) NABARD

[#628] Development Financial Institutions are usually helped by government and regulatory bodies. Which of the following instrument/s provided support funding support to them, specifically during initial periods?

(A) Lines of credit from RBI

(B) Statutory Liquidity Ratio bonds

(C) Both A and B

(D) None of the above

Correct Answer

[#629] Which one of the following statement is correct?

Correct Answer

(C) Narasimham Committee recommended making banking structure of the counting three tier
(G) Ancillary services are also known as supplementary functions of a commercial banks
(L) IDBI, NABARD have been notified as Public Financial Institutions (PFls) under Companies Act, 1956
(O) Non-banking financial institutions can also act as intermediaries

[#630] Credit creation is a . . . . . . . . of a bank.

(A) primary function

(B) agency function

(C) general utility function

(D) None of these

Correct Answer

(A) primary function