Find the wrong one:
Answer: D
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Federal Reserve Board of Governors members are appointed by the ____________ and confirmed by the ______________.
Answer: A
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RBI has relaxed prudential norms on what?
Answer: D
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When RBI reduces Statutory Liquidity Ratio by 50 basis points , which of the following is likely to happen?
Answer: C
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Which among the following defines Repo Rate?
Answer: D
Repo rate is the rate at which banks borrow funds from the Reserve Bank against eligible collaterals under the liquidity adjustment facility (LAF).
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RBI has released the Monetary Policy on Oct 4th 2016. By how many basis points has it cut the repo rate?
Answer: B
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What was the first Narsimham Committee’s recommendation regarding the SLR?
Answer: C
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Which office has seen the appointment of an RBI ombudsman?
Answer: C
The Reserve Bank has opened a new ombudsman office in Jammu as part of its efforts to expand banking grievances complaint cells across the country. E
Earlier, the banking services related complaints from entire Jammu & Kashmir used to fall under the jurisdiction of New Delhi-I banking ombudsman office.
There are two banking ombudsman offices in New Delhi.
There has been a significant increase in banking network during the recent past and the New Delhi office covers a large jurisdiction.
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LAF stands for:
Answer: A
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Which department will RBI open from April 3 to oversee breaches of rules and their violation?
Answer: A
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