Banking Awareness Quiz

The Reserve Bank of India keeps on changing various ratio/rates frequently. Why this is done?

1. To keep inflation under control.
2. To ensure that Indian Rupee does not loose its market value.
3. To ensure that Banks do not earn huge profits at the cost of public money.

'The set of directive principles issued by the Central Bank of a country or the process adopted by it to control the supply of money, availability of money, cost of money and rate of interest, etc, in order to bring stability and growth of the economy' are commonly known as

Deficit financing means that the government borrows money from the

Which among the following statement is incorrect regarding the Regional Rural Banks?

Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are

What is the Call Money?

When the common people of a nation start getting very high salary or wages, the consumption of the goods like eatables and white goods, also start increasing. This situation brings which of the following types of inflation in the economy?

1. Cost push inflation
2. Demand pull inflation
3. Low inflation

Which of the following is not a financial regulator?

Which of the following is not a nationalised bank?

Which of the following terms is NOT associated with banking operations?