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91.  RBI has sold its entire stake except 1% in which of the following organisations?

a

  NABARD

b

 None of the above

c

 SIDBI

d

 DICGC

e

 National Housing Bank

Answer & Explanation
Answer : Option A
Explanation :

92.  Consider the following statements: 1. In Indian Commercial Banking System, the number of the Non-scheduled Bank is more than the Scheduled Banks. 2. The Non-scheduled Banks in Indian Commercial Banking Systems are even less than a dozen in number. Which of the statements given above is/are correct?

a

  Both 1 and 2

b

 Neither 1 nor 2

c

 Only 2

d

 Only 1

e

 Can't say

Answer & Explanation
Answer : Option C
Explanation :

93.  Which of the following functions are not being performed by the Reserve Bank of India?

a

  Foreign currency management in India

b

 Currency management in India

c

 Regulation of foreign direct investment in India

d

 Regulation of banks in India

e

 Control and supervision of money supply

Answer & Explanation
Answer : Option C
Explanation :

94.  If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to

a

  increase it

b

 None of these

c

 constant

d

 decrease it

e

 no impact

Answer & Explanation
Answer : Option A
Explanation :