Banking Awareness Quiz

The first wholly Indian Bank was set up in

As we see every day, many Indian banks are in close competition to open their branches / offices in various countries. What benefit will the Indian economy have if banks open branches in a foreign country?

1. It will bring substantial economic benefits to India and also to the countries where branches will be opened.
2. It will help in smooth inflow of FDI, long term capital inflow and also technical know-how to India.
3. It will give better opportunities to Indians to visit foreign nations and get better facilities like education, medical treatment, etc.

'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-

FDI refers to –

Which of the following is NOT a part of India's Money Market?

Which of the following rates/ratios is not covered under the RBI monetary and credit policy?

The rate of interest on savings bank account is stipulated by

The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called

Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

Reverse repo means