Banking

Banking

12th Grade

5 Qs

quiz-placeholder

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Banking

Banking

Assessment

Quiz

Other

12th Grade

Practice Problem

Easy

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.  Credit control means : 

( a) contraction of credit only           
(b) extension of credit only
(c) Both (A) and (B)
            (d) none of these

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not the instrument of credit control ?

( a) CRR
(b) SLR
(c) Repo rate  
(d) Managed floating

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The minimum percentage of a bank’s total deposits which is required to be kept the RBI is called : 

( a) CRR
(b) SLR
(c) Repo rate  
(d  Reverse repo rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In order to encourage investment in the country, the RBI may :

a) Reduce CRR
            b)  Increase CRR
c) sell securities in the open market 
d) Increase bank rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In order to control credit :

a) CRR should be increased and bank rate should be decreased
b) CRR should be reduced and bank rate should be reduced
c) CRR should be increased and bank rate should be increased 
d) CRR should be reduced and bank rate should be increased 

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