banking, security market & insurance section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

The ‘Mudra Bank’ is a subsidiary of

a) IFCI

b) RBI

c) ICICI

d) SIDBI

Question : 2

Which is not a source of agriculture finance in India?

a) Regional Rural Banks

b) Commercial Banks

c) Co-operative societies

d) None of these

Question : 3

Who decides the rate of interest on savings bank deposits?

a) Reserve Bank of India

b) Indian Banks Association

c) Ministry of Finance

d) Individual Banks

Question : 4

The Rural infrastructure fund set up in 1995 – 96, is maintained by the

a) NABARD

b) State Bank of India

c) Reserve Bank of India

d) Regional Rural Bank

Question : 5

The banks which are implementing the Micro Finance Programme linked with Self Help Groups (SHGs) are

a) Co-operative banks and Regional Rural Banks, only

b) Regional Rural Banks and Commercial Banks, only

c) Commercial Banks and Co-operative Banks only

d) Commercial Banks, Regional Rural Banks and Co-operative Banks

Question : 6

SEBI was established in the year

a) 1985

b) 1990

c) 1991

d) 1988