Match the items in List - I with the items in List - II :
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List – I |
List – II |
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(a) ATM card |
(i) NPA |
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(b) Debts due for more than 30 days |
(ii) John Shephard Barron |
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(c) Micro finance |
(iii) State Finance Corporations Act |
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(d) State level finance corporations |
(iv) NABARD |
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Codes: |
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| A. | (i) (iii) (ii) (iv) |
| B. | (ii) (i) (iv) (iii) |
| C. | (iv) (iii) (ii) (i) |
| D. | (ii) (i) (iii) (iv) |
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Option: D Explanation : Click on Discuss to view users comments. |
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Assertion (A) : |
A well-developed money market is the basis for an effective monetary policy. It is in the money market that the Central Bank comes into contact with the financial sectors of the economy as a whole and it is through the liquidity in the market that influence the cost and availability of credit. |
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Reasoning (R) : |
A well-organized money market is an essential condition for the successful operation of the Central Banking policies, and for holding the conditions of liquidity within the bounds of what the monetary authorities consider desirable. |
| A. | (A) is true but (R) is false |
| B. | (R) is true but (A) is false |
| C. | (A) is true and (R) offers correct explanation to (A) |
| D. | Both (A) and (R) are false |
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Option: C Explanation : Click on Discuss to view users comments. |
The operations of banks and financial institutions are regulated by :
| A. | The RBI Act 1934 only |
| B. | The Banking Regulation Act 1949 only |
| C. | Information Technology Act 2000 only |
| D. | All of the above |
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Option: D Explanation : Click on Discuss to view users comments. |
To operationalise online, internet, mobile banking, debit card and credit card tools, some of the essential ingredients are :
| A. | Compliance with the Information Technology Act 2000 |
| B. | Satellite connection |
| C. | Selection of a portal and server |
| D. | All of the above |
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Option: D Explanation : Click on Discuss to view users comments. |
