Banking General Knowledge Questions and Answers Pdf - 5
Question: 21
Which one of the following rates is NOT determined by the Reserve Bank of India?
(A) Repo Rate
(B) SLR
(C) CRR
(D) Prime Lending Rate
Ans: D
Prime Lending Rate
Question: 22
Which one of the following banks give long term loans to agriculture?
(A) Primary Credit Society
(B) Land Development Bank
(C) Commercial Bank
(D) State Co-operative Bank
Ans: D
State Co-operative Bank
Question: 23
The Reserve Bank of India issues notes under the following note issued method
(A) fixed fiduciary system
(B) maximum fiduciary system
(C) minimum reserve system
(D) proportional reserve system
Ans: C
minimum reserve system
Question: 24
Open market operations by a Central Bank involves
(A) Changing the reserve ration up and
(B) Increase or decrease of discount rate
(C) Raising or lowering of marginal requirements
(D) Sale and purchase of government securities
Ans: D
Sale and purchase of government securities
Question: 25
For International payments, the Indian currency is linked to
(A) Gold Standard
(B) British Sterling
(C) American Dollar
(D) None of these
Ans: B
British Sterling
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