Types of Banks

Q.

______________________ are run to make a profit. They cater to the financial requirements of industries and various sectors like agriculture, rural development. They are profit making institutions owned by the government or private or both.

1. Cooperative Banks

2. Central Bank

3. Commercial Banks

4. Specialised Banks

Q.

Private sector banks are owned, managed and controlled by the government.

1. Agree

2. Disagree

Q.

There are two types of commercial banks, _____________ and _____________ bank.

1. private sector and public sector

2. central sector and cooperative sector bank

3. rural sector and urban sector

4. none of the above

Q.

Public sector banks are those where the government has a major stake.

1. False

2. True

Q.

Public sector banks are those in which the government has a major stake and they usually need to emphasise on ___________ objectives than on profitability.

1. economical

2. social

3. political

4. none of the above

Q. The person who makes payments and accepts deposits in the bank is known as a.

1. doer
2. teller
3. customer
4. seller

Q. enables holders to have an overdraft facility up to a fixed limit depending upon the creditworthiness of the party.

1. Credit card
2. Debit card
3. Master card
4. VISA card

Q. is a document which instructs a bank to pay a certain sum to a third party.

1. Banker's cheque
2. Overdraft
3. Bank slip
4. Debit card

Q. Q. With reference to “Countercyclical capital buffer” seen in the news, which of the following statements is/are correct?

1. It is a Basel norm to help a bank counteract the effect of distressed economic conditions.
2. Increasing the buffer can release more capital into the economy.
3. Reserve Bank of India mandates a minimum 4% of the Tier 1 capital as Countercyclical Capital Buffer.

Select the correct answer using the code given below:

Q. चर्चा में रहे “काउंटर साइक्लिकल कैपिटल बफर” के संदर्भ में, निम्नलिखित में से कौन सा/से कथन सही है / हैं?

1. विपरीत आर्थिक परिस्थितियों के प्रभाव का सामना करने में बैंक की मदद करने हेतु यह एक बैसेल नियम है।
2. बफर बढ़ाने से अर्थव्यवस्था में अधिक पूंजी आ सकती है।
3. भारतीय रिजर्व बैंक Tier 1 कैपिटल कैपिटल बफर के रूप में टीयर 1 पूंजी का न्यूनतम 4% अनिवार्य करता है।

निम्नांकित कूटों का प्रयोग करके सही उत्तर चुनें:

1. 
   1 only
   केवल 1
2. 
   1 and 2 only
   केवल 1 और 2
3. 
   3 only
   केवल 3
4. 
   1, 2 and 3
   1, 2 और 3

Q.

Explain any two special schemes for developing industries in rural, backward and hilly areas.