Indian Banking and Financial System
Indian Banking and Financial system
Questions
Which of the following statements is incorrect regarding RRB?
- These banks are exempted from maintenance of SLR and CRR
- These banks can do non-fund based business
- These banks can invest in shares and debentures of companies
- 1
- 1 and 2
- 2 and 3
- 1, 2 and 3
Which is the first Public Sector Bank to increase its equity capital through public issue?
- Corporation Bank
- Dena Bank
- Syndicate Bank
- State Bank of India
- IDBI Bank
Choose the correct statement(s):
NABARD provides unlimited refinance facility to a co-operative bank if
1. its NPA level is below 15%
2. its Capital Adequacy Ratio is more than 9%
3. its loan recovery is 90% or more
- 1
- 1 and 2
- 2 and 3
- 1, 2 and 3
- 3
Which of the following is a subsidiary of State Bank of India to transact in Govt. securities?
- SBI Gilts Ltd.
- SBI DFHI Ltd.
- SBI Funds Management Ltd.
- SBI Factors and Commercial Services P. Ltd.
- None of these
Local Area Banks are classified under
- private sector
- public sector
- government sector
- cooperative sector
- None of these
A Local Area Bank can do business in maximum _____ district(s).
- one
- two
- three
- four
- five
Which of the following statements is/are correct regarding Exim Bank?
- It provides financial advice and counseling services for internationalisation of business of Indian companies which are foreign oriented.
- It provides Working Capital Term Loan to export-oriented units.
- It provides refinance for export credit.
- 1
- 1 and 2
- 2 and 3
- 1, 2 and 3
- None of these
Which of the following is an apex body with regards to housing finance?
- National Housing Bank
- Housing and Urban Development Corporation
- Housing Development Finance Corporation
- SBI Home Finance
- None of these
Which of the following statements is correct regarding National Housing Bank?
- It provides refinance to scheduled commercial banks.
- It provides Guarantee and Underwriting services to Housing Finance institutions.
- It is not authorised to audit account books of Housing Finance institutions and scheduled commercial banks.
- 1
- 1 and 2
- 2 and 3
- 1, 2 and 3
- None of these
A scheduled urban cooperative bank having an NPA level of ___________ or more cannot accept deposits from a non-scheduled urban cooperative bank.
- 5%
- 6%
- 7%
- 8%
- 9%
Minimum networth of an urban co-operative bank should be __________ for doing insurance business.
- Rs. 50 crore
- Rs. 100 crore
- Rs. 200 crore
- Rs. 500 crore
- Rs. 375 crore
Which of the following statements is correct?
1. District Co-operative Banks have been established at District level.
2. Primary Co-operative Banks have been established at Village level.
3. State Co-operative Banks have been established at Apex level.
- 1
- 1 and 2
- 2 and 3
- 1, 2 and 3
- None of these
Which of the following statements is/are incorrect?
- Only central cooperative banks have access to Reserve Bank of India.
- Cooperative banks are established on unitary basis.
- Reserve Bank of India has no control over cooperative banks.
- Only 1
- Both 1 and 2
- Both 2 and 3
- 1, 2 and 3
- Only 3
Under which Act is a Land Development Bank registered in our country?
- Indian Companies Act
- Development Banks Act
- Banking Regulation Act
- Cooperative Societies Act
- None of these
Which of the following is not a credit rating agency operating in India?
- ICRA
- CRISIL
- CARE
- FITCH
- None of these