Banking Services
Trending Questions
Q.
What is the meaning of SBI ATM response code 050 unauthorized?
Q.
What is the full form of RBI?
Q.
Modern farming methods require a great deal of __________.
Q. Explain the functions of the Reserve Bank of India (RBI).
Q. Which of these is not a commercial bank of India?
- State Bank of India
- Reserve Bank of India
- Industrial Development Bank of India
- Housing Finance Development Corporation Limited
Q. Identify the financial services provided by the post office savings banks in India?
- Issue of national savings certificate
- Formulation of monetary policy
- Issuing Kisan Vikaspatra
- Money transfer
Q. Which of the following is not an example of a commercial bank in India?
- State Bank of India
- Reserve Bank of India
- HDFC Bank
- Punjab National Bank
Q. Individuals who lend money to people, especially to farmers, and charge high rates of interest in rural areas are known as
- commercial banks
- central banks
- moneylenders
- farmer cooperatives
Q. Which of the following functions are performed by the Reserve Bank of India?
- Acts as the banker's bank
- Issuing Kisan Vikaspatra
- Issuing postal insurance
- Formulating monetary policy
Q. Which of the following are the banking services provided by the Indian Postal Department?
- Pension payment
- Money transfer
- Kisan Vikaspatra
- Government loan
- Buying shares
- Life insurance
- Mutual fund
- Savings services
Q. What type of bank works on the principle of mutual help and self-help?
- Commercial bank
- Post office saving bank
- Cooperative bank
- Indigenous bank
Q. The Finance Ministry, with the other banks, formulates a policy called monetary policy controlling the money supply in the economy.
- False
- True
Q. Which of the following banks in India formulates the monetary policy?
- Commercial bank
- Post office saving bank
- Reserve Bank of India
- Industrial development bank
Q. Which of these is not a function of the Reserve Bank of India?
- Accepting deposits from public
- Banker's bank
- Bank of the government
- Formulating monetary policies
Q. What is the primary goal of banking institutions that promotes a saving habit among the people in the economy?
- Formulating monetary policy
- Bankers bank
- Financial inclusion
- Banks at your service
Q.
Who Decides the Reverse Repo Rate?
Q. Which of the following options has the correct match?
- Land development bank: Main purpose is industrial development
- Cooperative bank: Helps other banks and government
- Indigenous bank: Moneylenders
- Commercial banks: Mother of all banks
