banking 2

Which of the following is not a function of a Bank

• To accept deposits

• To waive loans

• To grant advances

• To supply input to farmers

The Commercial Banks in India are governed by

• Reserve Bank of India Act, 1934

• Indian Companies Act, 1956

• Indian Banking Regulation Act, 1949

• Securities and Exchange Board of India Act, 1993

"Repo Rate" refers to the rate at which

• RBI borrows short term money from the markets

• Banks keeps the money with RBI

• Bills are discounted by RBI

• Forex purchased by RBI

The Securities and Exchange Board of India was not entrusted with the function of

• Investor protection

• Ensuring fair practices by companies

• Promotion of efficient services by brokers

• Improving the earning of equity holders

A __ card is basically a payment mechanism which allows the holder of the card to make purchase without any immediate cash payment

• ATM

• CREDIT

• DEBIT

• KISHAN CREDIT

In India the Commercial Banks are given licence of operation by

• The Govt. of India

• The Ministry of Finance

• Reserve Bank of India

• Banking Companies Regulation Act, 1949

Which one is not non-marketable securities?

• Corporate securities

• Bank Deposits

• Deposits with companies

• Post office certificate deposits

"Blue card" denotes

• A credit card

• A debit card

• A proposition by EV to attract highly qualified professionals from other countries

• None of the above

The commercial bank do not perform one function out of the following

• Mobilisation of saving

• Giving loans and advances

• Issues currency notes

• Financing priority sectors

Retail Banking means

• Credit facilities extended to retail traders

• Providing personal banking services directly to the consumers

• Collection of large number of dividend/interest warrants

• All of the above