Banking And Financial Institutions - Study Mode

[#636] Unsecured exposure will attract the following provision
Correct Answer

(C) Both A and B

[#637] Which of the following is not a function of a Rural Bank?
Correct Answer

(D) To supply inputs to farmers

[#638] Which of the following statements are correct in context of Statutory Liquidity Ratio (SLR)? 1. SLR consists of a certain percentage of liquid assets of NDTL. 2. Liquid assets for the purpose are those assets that one can easily convert into cash, gold, treasury bills, govt-approved securities, government bonds, and cash reserves. 3. SLR includes securities, eligible under Market Stabilization Schemes and those under the Market Borrowing Programmes. 4. The limit of SLR set is 0 to 40% of NDTL.
Correct Answer

(C) 1, 2, 3 and 4 are correct

[#639] Demonetisation of Rs. 1,000 & Rs. 500 notes was done in India on
Correct Answer

(B) 8 th November, 2016

[#640] Which one of the following institutions is promoted by the IFCI?
Correct Answer

(B) Rashtriya Gramin Vikas Nidhi (RGVN)