Banking And Financial Institutions - Practice Test

[#266] Financial Institutions are an important segment of the financial system of any country as they provide medium to Long-term finance to different sectors of the economy. Which of the following can be termed as specialised bank/s in India? 1. EXIM Bank 2. NABARD 3. RBI 4. NHB 5. SIDBI 6. ICICI

(A) 1, 3 and 5

(B) 3, 4 and 6

(C) 1, 2, 4 and 5

(D) All of the above

Correct Answer

(D) All of the above

[#267] Which of the following bank is the central bank of India?

(A) Central bank of India

(B) Reserve bank of India

(C) State bank of India

(D) Indian bank

Correct Answer

(B) Reserve bank of India

[#268] Earlier it was known as Bank of Italy, today its name is

(A) Bank of America

(B) Bank of England

(C) Citi Bank

(D) A.N.Z. Grind lays bank

Correct Answer

(A) Bank of America

[#269] Which one among the following promoted the concept of self-help groups (SHGs) for financing the poor?

(A) RBI

(B) NABARD

(C) Union Ministry of Rural Development

(D) Union Ministry of Labour

Correct Answer

(B) NABARD

[#270] RBI, on behalf of government, issues MSS bonds to mop up extra liquidity from the market. This is same as Open Market Operations (OMO), but has a significant difference. What is it?

(A) Money raised from the market by MSS Bond is stored in government's normal account

(B) Money raised from the market by MSS Bond is stored in a separate account, known as MSS Account, which cannot be used for normal government expenditure

(C) Money is not raised by MSS bonds

(D) None of the above

Correct Answer

(B) Money raised from the market by MSS Bond is stored in a separate account, known as MSS Account, which cannot be used for normal government expenditure

Banking And Financial Institutions - Study Mode

[#266] Financial Institutions are an important segment of the financial system of any country as they provide medium to Long-term finance to different sectors of the economy. Which of the following can be termed as specialised bank/s in India? 1. EXIM Bank 2. NABARD 3. RBI 4. NHB 5. SIDBI 6. ICICI

Correct Answer

[#267] Which of the following bank is the central bank of India?

Correct Answer

[#268] Earlier it was known as Bank of Italy, today its name is

Correct Answer

[#269] Which one among the following promoted the concept of self-help groups (SHGs) for financing the poor?

Correct Answer

[#270] RBI, on behalf of government, issues MSS bonds to mop up extra liquidity from the market. This is same as Open Market Operations (OMO), but has a significant difference. What is it?

Correct Answer