Banking, Security Market & Insurance Section 4 Practice Questions Answers Test With Solutions & More Shortcuts

Question : 11 [CDS-2011-II]

Consider the following statements with regard to Statutory Liquidity Ratio (SLR)

1. To meet SLR, Commercial banks can use cash only.
2. SLR is maintained by the banks with themselves.
3. SLR restricts the banks leverage in pumping more money into the economy.

Which of the statements given above is/are correct?

a) 2 and 3

b) 1 and 3

c) 1, 2 and 3

d) only 2

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Question : 12

Choose the correct statements in the context of Cooperative Banks in India.

1. Cooperative Banks operate on no profit no loss basis.
2. Cooperative Banks are allowed to operate only in the agriculture sector.
3. NABARD is a Cooperative Bank.

a) 1 and 3

b) 1 and 2

c) 1 only

d) All of these

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Question : 13 [UPPCS (Pre) 2008]

To prevent recurrence of scams in Indian capital market the Government of India has assigned regulatory power to

a) ICICI

b) RBI

c) SBI

d) SEBI

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Question : 14 [BOM-PO 2016]

The Bandhan Banking Limited is an Indian banking and financial services company Headquartered in

a) Hyderabad, Telangana

b) New Delhi, Delhi

c) Mumbai, Maharashtra

d) Kolkata, West Bengal

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Question : 15 [UP-PCS 2009]

The Bank rate is the rate at which

a) the RBI gives credit to the commercial banks.

b) the RBI lends to the public.

c) a bank lends to the public.

d) the Government of India lends to other countries.

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