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Indian Economy ...

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  • Question 1
    1 / -0

    Consider the following statements: 
    1) The printing of notes is the total management of Reserve Bank of India.
    2) The volume of rupee coins and smaller coins are controlled by the Ministry of Finance.
    Which of the statements given above is/are correct?

  • Question 2
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    Consider the following statements 
    1. Foreign banks are allowed to operate in India through branches and representative offices only.
    2. The largest branch network of foreign banks in India is the Standard Chartered Bank.
    Which of the statement given above is / are correct ? 

  • Question 3
    1 / -0

    Consider the following statements:
    1) During inflation, RBI increases the Cash Reserve Ratio.
    2) During deflation, RBI increases the cash Reserve Ratio.
    Which of the statements given above is/are correct?

  • Question 4
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    Consider the following criteria with regards to the allotment of different districts to Indian banks under the Lead Bank Scheme 
    1 . Size of the banks .
    2 . Adequacy of its resources to take part in Lead bank scheme .
    3 . Regional orientation of the banks .
    4 . Banks wishes to involve in Loan Mela .
    Which of the criteria given above are considered for the selection of banks to take part in the 'Lead Bank Scheme' ?

  • Question 5
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    Consider the following statements 
    1 . Global Trust Bank (GTB) has been amalgamated with the Punjab National Bank.
    2 . The second report of the Kelkar Committee dealing with direct and indirect taxes has maintained its original recommendation including the abolition of exemptions relating to housing loans.
    Which of the statement given above is / are correct ? 

  • Question 6
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    Which of the following grants / grant direct credit assistance to rural households ?
    1 . Regional Rural Banks.
    2 . National Bank for Agriculture and Rural Development. 
    3 . Land development Banks.
    Select the correct answer using the codes given below. 

  • Question 7
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    Which of the following  is / are the objectives of MURDA Bank ?
    1 . Regulates the lender and borrower of microfinance and bring stability to microfinance system.
    2 . Extent finance and credit support to Microfinance  Institutions and agencies.
    3 . Develop the  standardised covenants that will from the backbone of the last mile business in future.
    4 . Introduce appropriate technologies to assist in the process of efficient lending , borrowing and monitoring of distributed capital.
    Choose the right answer from the following codes. 

  • Question 8
    1 / -0

    Which among the following is / are true about the contactiess credit cards launched by ICICI ?
    1 . The card is powered by 'VISA Pay Wave ' contactless technology .
    2 . The card can also be used by dipping or swiping at the non-contactless merchants .
    3 .It offers dual advantage of reward programme on the expenses and repayments of credit cards .
    4 . The technology enables cardholder to make payments by simply tapping card at contactless enabled terminals in more than 48 countries including India .
    choose the correct answer from the following codes 

  • Question 9
    1 / -0

    Consider the following statements
    1 .The maximum limit for house holding of India promoters in private sector banks in India is $$49\%$$ of the paid up capital.
    2 . Foreign Direct Investment (FDI) upto $$49\%$$ from all sources is permitted in private sector banks in India under the automatic route.
    Arrange the following correctly 

  • Question 10
    1 / -0

    Consider the following about the Lead Banks' role in the Lead Bank Scheme 
    1 . To co-ordinate the Co-operative banks , commercial banks and other financial institutions in their allotted districts .
    2 . To survey and Identify the unbanked districts and take initiatives to open bank branches .
    3 . To estimate the deposits potential and the credit gaps and fill the vaccum in the districts .
    Which of the roles given above is / are correct ?

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