Static Banking Awareness Questions & Answers Pdf - 3
Question: 11
Who among the following has decided to withdraw its nominee directors from the boards of the private sector banks?
(A) Registrar of Co-operative Societies
(B) State Governments
(C) Registrar of Companies
(D) Reserve Bank of India
Ans: D
Reserve Bank of India
Question: 12
A proportion of the total deposits and reserves of the Commercial Banks with the Reserve Bank of India is called
(A) Balance of Payment
(B) Bank Guarantee
(C) Cash Reserve Ratio
(D) Caution Money
Ans: C
Cash Reserve Ratio
Question: 13
When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as
(A) Consortium
(B) Syndication
(C) Multiple Banking
(D) Participation
Ans: A
Consortium
Question: 14
The National Housing Bank (NHB) was set up in India as a wholly owned subsidiary of which one of the following?
(A) Life Insurance Corporation of India
(B) ICICI Bank
(C) State Bank of India
(D) Reserve Bank of India
Ans: D
Reserve Bank of India
Question: 15
A lot of Banks in India these days are offering M-Banking facility to their customers. What is the full form of "M" in M-banking?
(A) Message
(B) Money
(C) Mobile phone
(D) Marginal
Ans: C
Mobile phone
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