Banking Awareness Quiz

Which organization is being given the status of Micro Finance Regulating Authority as per the bill introduced in the Parliament?

The currency convertibility concept in its original form originated in

'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

Many times we read about Future Trading in newspapers. What is 'Future Trading'?

1. It is nothing but a trade between any two stock exchanges where in it is decided to purchase the stocks of each other on a fixed price throughout the year
2. It is an agreement between two parties to buy or sell an underlying asset in the future at a predetermined price
3. It is an agreement between stock exchanges that they will not trade the stocks of each other under any circumstances in future or for a given period of time

Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India?

The central co-operative banks are in direct touch with

RTGS stands for

What is the Call Money?

Which of the following is the Regulator of the credit rating agencies in India?

Capital Market Regulator is