Banking Quiz 3

Under provisions of which one of the following Acts, the Reserve Bank of India has the power to regulate, supervise and control the banking sector?

Inflation in India and China was at very high level. In such a situation the central Banks of these countries are required to follow—

Euro Bond is an instrument

Which among the following are the banks with the largest ATM network in the country?

Agency Functions of the commercial Banks are __?

Selling of securities in the open market by the central bank creates—

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

Reverse repo means

The rate of interest on savings bank account is stipulated by

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