Banking And Financial Institutions - Study Mode

[#791] Who works as RBI's agent at places where it has no office of its own?
Correct Answer

(A) State Bank of India

[#792] Interest rate futures trading in India is available on
Correct Answer

(C) Both A and B

[#793] Any country consistently facing balance of payment deficiency can approach:
Correct Answer

(C) IMF

[#794] When RBI grants loan to commercial banks and charges interest on it, it is called:
Correct Answer

(D) Bank rate

[#795] SIDBI was set up as a subsidiary of IDBI to for which of the following object.
Correct Answer

(A) Take over the functions of small business financing of IDBI