Section 17

Description

Quiz on Section 17, created by kumar nikhil on 19/08/2017.
kumar nikhil
Quiz by kumar nikhil, updated more than 1 year ago
kumar nikhil
Created by kumar nikhil almost 7 years ago
23
1

Resource summary

Question 1

Question
How much intresrt RBI will pay on money deposited by central government
Answer
  • no interest
  • bank rate
  • base rate
  • repo rate

Question 2

Question
Bank can rediscount bills of exchange arising out of export of goods from India within?
Answer
  • 180 days
  • 90 days
  • 360 days
  • fifteen months

Question 3

Question
Bank can rediscount bills of exchange arising out of agriculture operations with in
Answer
  • fifteen months
  • 180 days
  • 90 days
  • 360 days
  • none of these

Question 4

Question
out of the two good signatures required in discounting of bills relating to cottage and small industries, one must be from?
Answer
  • Scheduled commercial bank
  • state cooperative bank
  • state cooperative bank or state financial corporation
  • state cooperative bank or state financial corporation or any financial institution

Question 5

Question
discounting of bills relating to cottage and small industries should be guaranteed by state government?
Answer
  • True
  • False
  • State government as well as one RRB
  • instead should be GUARANTEED BY central government

Question 6

Question
in case of bill of exchange drawn drawn for the purpose of holding or trading in g-sec and gov-sec , maturity shall be with in
Answer
  • 90 days
  • 180 days
  • 360 days
  • 1 year

Question 7

Question
loan given by Bank to any SCB or state co-operative bank against financing of agricultural operations, shall be repayable on expiry of fixed periods not exceeding
Answer
  • 180 days
  • 15 months
  • 12 months
  • 1 year

Question 8

Question
loan given to state financial corporations by Bank shall be repayable on the expiry of fixed periods not exceeding
Answer
  • 18 months
  • 15 months
  • 12 months
  • 9 months

Question 9

Question
loans made to state financial corporation shall not exceed
Answer
  • twice the paid up capital
  • equivalent to paid up capital
  • thrice the paid up capital
  • none of these

Question 10

Question
loans made to Industrial finance corporation shall be guaranteed by
Answer
  • central gov
  • state gov
  • either central or state gov
  • none of these

Question 11

Question
loans made to financial institution notified by central gov shall not exceed
Answer
  • 60% of share capital
  • 80% of share capital
  • 500% of share capital
  • 40% of share capital

Question 12

Question
loans to central warehousing and state warehousing shall not exceed respectively
Answer
  • 3 crore and fifty lakh
  • fifty lakh and 3 crore
  • fifty lakh for both
  • 3 crore for both

Question 13

Question
Loan making to dicgc and NHB determined by
Answer
  • central board
  • central gov
  • state gov
  • None

Question 14

Question
RBI can borrow money from other SCB for a period not more than
Answer
  • 15 days
  • 1 month
  • 3 month
  • 6 months

Question 15

Question
maximum amount that Bank can borrow
Answer
  • equal to capital of bank
  • twice the capital of bank
  • thrice the capital of bank
  • none of these
Show full summary Hide full summary

Similar

Acids and Bases
silviaod119
Weimar Revision
Tom Mitchell
OCR AS Biology - Enzymes
Chris Osmundse
FREQUENCY TABLES: MODE, MEDIAN AND MEAN
Elliot O'Leary
GCSE Computing - 4 - Representation of data in computer systems
lilymate
Animal Farm Chapter Overview
10jgorman
Physical Geography
clongworth25
The Digestive system
Elena Cade
Health and Social Care Flashcards
Kelsey Phillips
Bowlby's Theory of Attachment
Jessica Phillips
The Skeleton and Muscles
james liew