MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Business Studies

Types of Banks

The RBI/Govt ...

Question

The RBI/Govt of India shortlisted four organisations who will manage pension funds. Which of the following is not one of these shortlisted companies?

A

State Bank of India

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

LIC of India

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

ICICI Bank

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

IDBI Capital

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D IDBI Capital
IDBI stands for Industrial Development Bank of India. it is not one of the four organizations which is set up by RBI to manage pension funds. It is established to give credit facilities to industries.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Which Committee has been framed by Union Government for shortlisting Candidates for RBI Governorship?

Q. The Reserve Bank of India(RBI) acts as a banker's bank. This would imply which of the following?

1

. Other banks retain their deposits with the RBI

2

. RBI lends funds to the commercial banks in times of need

3

. RBI advises the commercial banks on monetary matters
Select the correct answer using the codes given.

Q. The Reserve Bank of India (RBI) acts as a bankers' bank.This would imply which of the following ?
1) Other banks retain their deposits with RBI
2) The RBI lends funds to the commercial banks in times of need.
3) The RBI advises the commercial banks on monetary matters.
Select the correct answer using the codes given below

Q. The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
1. Other banks retain their deposits with the RBI.
2. The RBI lends funds to the commercial banks in times of need.
3. The RBI advises the commercial banks on monetary matters. Select the correct answer using the codes given below :

92. The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following? [2012 - I]

i) Other banks retain their deposits with the RBI.

ii) The RBI lends funds to the commercial banks in times of need.

iii) The RBI advises the commercial banks on monetary matters.

Select the correct answer using the codes given below:

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Business Services - Banking

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon