Banking Services and Operations

State Bank of Saurashtra was the first subsidiary of SBI to be merged, with the merger completed in 2008. The other subsidiaries listed (Bikaner and Jaipur, Hyderabad, Patiala, Travancore) were merged later in 2017. The question asks which subsidiary nationalized in 1960 has now been merged with SBI - Saurashtra fits this criterion as it was one of the original eight subsidiaries nationalized in 1960 and was the first to be merged back into the parent bank.

Demat account charges typically include account opening fees, annual maintenance charges, custodian fees, and transaction fees. These are standard operational costs for maintaining electronic securities. Option C describes 'Annual fee for spot conversions of one currency into another' - this is a forex/foreign exchange service charge, completely unrelated to Demat account operations. Currency conversion is not a function performed by Demat accounts, making this the option that is NOT a major charge on Demat accounts.

Credit creation by banks depends on: the amount of cash reserves in the banking system (more cash = more lending capacity), the Cash Reserve Ratio set by the central bank (lower CRR = higher credit creation), the central bank's monetary policy (which influences lending rates and money supply), and customers' willingness to borrow (demand for credit). Special Drawing Rights (SDR) are an international reserve asset created by the IMF, not a factor in domestic bank credit creation - SDRs relate to international liquidity, not a country's internal banking credit multiplier.

The Bank of Hindustan, established in 1770 in Calcutta, was among the first modern banks in India and introduced the cheque facility. Generalised notion of cheques as a payment instrument gained traction in India during the colonial period. The Bank of Hindustan was a pioneering institution in India's banking history, though it eventually failed in 1832-33.

Commercial banks have traditional functions (accepting deposits, lending, creating deposits) and non-traditional modern functions. Creating deposits through lending is a FUNDAMENTAL traditional function of banking - it's how banks create money. ATM facilities, credit cards, and venture capital financing are modern, non-traditional services that banks have diversified into.

Yes, all of the above options are true. 

Correct choice, 25 branches were opened by 31^st March 2014 under Bharatiya Mahila Bank and its headquarters are in Delhi .

All the above staements are correctly mentioned here. Hence, this is the correct answer option.

Yes, it is the correct choice. In CAMEL rating, M stands for management. 

Yes, it is the correct choice. 

Yes, it is the correct choice. Consumer durables loan is meant for purchasing white goods.

Yes,  it is correct choice. SLR is kept by banks in the form of  G securities, G- bands, GOLD.

Yes this is correct option. New RTGS systme provides three access options to the participants which includes payment originator module , Web -API , thick client. 

Credit gurantee corporation is not available to the depositors of NBFC. So this is the right choice.

The power of the commercial banks to expand deposits through expanding their loans and advances is known as credit Creation. So this is correct answer.