Classical

Banking and Financial Institutions - Banking and Financial Institutions MCQ

31:  
In order to control credit in the country the RBI may
A.

Buy securities in the open market

B.

Sell securities in the open market

C.

Reduce CRR

D.

Reduce Bank Rate

 
 

Option: B

Explanation :

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32:  
Who is the custodian of monetary reserves in India?
A.

SBI

B.

SIDBI

C.

NABARD

D.

RBI

 
 

Option: D

Explanation :

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33:  
Match the items of List-I with items of List-II
           List-I                                                            List-II
(a) Selective credit                                        I. Consumer credit 
 control                                                            Regulation
(b) Encoverge credit  for desirable USC           II. Cash Reserve Ratio
(c) Quantitative  Credit Control                        III. Variation in Margin
(d) Bank Rate                                                   IV. Re-discounting rate
A.

(a)  (b)  (c)  (d)

IV     II     III    I

B.

(a)  (b)  (c)  (d)

III     I      II    IV

C.

(a)  (b)  (c)  (d)

 I      III     II    IV

D.

(a)  (b)  (c)  (d)

 II     IV     III    I

 
 

Option: B

Explanation :

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34:  
Which one of the following is the apex institution in finance sector of India?
A.

IDBI

B.

NABARD

C.

NHB

D.

RBI

 
 

Option: D

Explanation :

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35:  
Which bank was incorporated as one of the public sector bank in India during 2004-05?
A.

ICICI Bank

B.

IDBI Bank Ltd

C.

Yes Bank Ltd

D.

UTI Bank Ltd

 
 

Option: C

Explanation :

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PRASENJIT SASMAL said: (12:07pm on Monday 2nd October 2017)
IT WILL BE IDBI BANK
dinesh metta said: (7:24am on Wednesday 1st November 2017)
Yes bank is not a public sector bank. None of the options are correct. IDBI by birth in 1964 itself is a public sector entity. Govt owns 77% of it.

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