Q.41)-Consequent upon the recommendations of the working group on rural banks, 5 rural regional banks were initailly set-up in the year
  • 1973
  • 1974
  • 1975
  • 1976
Q.42)-The bank of cheques are processed by using of
  • OCR
  • MICR
  • OMR
  • PMR
Q.43)-The RBI issues currency notes under the
  • Fixed fiduciary system
  • Maximum fiduciary system
  • Fixed minimum Reserve system
  • Proportional Reserve system
Q.44)-The Narasimham Committee (1991) on financial reforms proposed for establishment of a
  • Four Tier hierarcy of the banking structure
  • Three Tier hieracrhy of the banking structure
  • Two Tier Hierarchy of the banking structure
  • unified control by the apex insititutions
Q.45)-Which of the following Indian banks became the first to touch a market capitalisation fo 100000 crore in India
  • ICICI
  • HDFC
  • SBI
  • PNB
Q.46)-The permission given to a bank custromer to draw cheques in excess of his current account balance is called
  • A personal loan
  • An ordinary loan
  • Discounting a bill of exchange
  • An overdraft
Q.47)-Foreign currency which has a tendency of quick migration is called
  • Scarce Currency
  • Soft Currency
  • Gold Currency
  • Hot currency
Q.48)-What does ECS in banking transaction stand for
  • Excess credit supervisor
  • Extra Cash status
  • Exchange clearing Standard
  • Electronic clearing service
Q.49)-The 'Interest Rate Policy' is a component of
  • Fiscal policy
  • Monetary policy
  • Trade Policy
  • Direct control
Q.50)-Bank deposits that can be withdrawn without notice are called
  • Account payee deposits
  • Fixed deposits
  • Variable deposits
  • Demand deposits