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2- Which bank was earlier called the Imperial Bank of India? A. RBI B. SBI C. UBI D. PNB E. BOI View Answer (-) Answer & Explanation Answer - B (SBI)
3- Indias largest commercial bank is? A. Central Bank of India B. State Bank of India C. Indian overseas Bank D. Bank of India E. PNB View Answer (-) Answer & Explanation
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4- Bank deposit that can be withdrawn without any notice are called? A. Account payee deposit B. Fixed deposit C. Variable deposit D. Demand draft E. None of these View Answer (-) Answer & Explanation Answer - D (Demand draft)
5- Which bank in India perform duties of Central Bank? A. Central bank of India B. State bank of India C. Both a and b D. Reserve bank of India E. None of these View Answer (-) Answer & Explanation Answer - D (Reserve bank of India)
6- Reserve bank of India was nationalized in? A. 1947 B. 1948 C. 1949 D. 1951 E. 1955 View Answer (-) Answer & Explanation Answer - C (1949)
7- Green Banking means? A. Development of forestry by banks B. Financing of environment friendly projects by banks C. Financing of irrigation projects by banks D. All of these E. None of these View Answer (-) Answer & Explanation Answer - B (Financing of environment friendly projects by banks)
8- An instrument of qualitative credit control in India is? A. Open market operations B. Credit rationing C. Change in reserve ratio D. Bank rate policy E. None of these View Answer (-) Answer & Explanation
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9- The Monetary Policy of India is announced by the? A. Prime Minister B. Governor of the RBI C. Union Finance Minister D. Union Commerce Minister E. None of these View Answer (-) Answer & Explanation Answer - B (Governor of the RBI)
10- Which of the following rates is NOT decided by the Reserve Bank of India? A. Bank rate B. Repo rate C. Reverse Repo rate D. Income Tax rate E. None of these View Answer (-) Answer & Explanation Answer - D (Income Tax rate)
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