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Q.50)-Bank deposits that can be withdrawn without notice are called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