Banking And Financial Institutions - Study Mode

[#881] Which of the following factor(s) aid in financial inclusion? 1. That under National optical fibre network, government plans to connect all Gram Panchayats with internet connection. 2. That Mobile penetration is increasing on routine basis in rural areas. 3. That as per Census 2011, India's working age population (15-64 years) is more than 60%.
Correct Answer

(B) 1 and 3

[#882] Which of the following is an autonomous body set up by the Government of India to develop and regulate the pension market in India?
Correct Answer

(C) PFRDA

[#883] What will be the effect of reduction in statutory liquidity ratio of banks by the central bank?
Correct Answer

(B) Government will be able to sell more debentures to banks than before

[#884] Where is the headquarters of SIDBI located?
Correct Answer

(C) Lucknow

[#885] Reserve Bank of India issues all types of currency in India, but it does not issue which type of currency?
Correct Answer

(A) One rupee note