In Monetary Review on 8th Feb 2017, RBI has kept repo rate _________
Answer: A
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Credit Authorization Scheme was introduced in :
Answer: A
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Cash Reserve Ratio increases the cash for ____:
Answer: A
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Which among the following is not a part of Liquidity Adjustment Facility (LAF)?
Answer: D
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Which of the following counts under SLR?
Answer: D
To comply with the SLR, the banks can keep any of the following: Cash in hand, Gold owned by the bank, Balance with RBI, Net balance in current account.
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The new high security INR 500 note has which of the following features?
Answer: D
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RBI has asked commercial and cooperative banks on 25th August 2016 to provide loans to women SHG in rural areas at what percent per annum?
Answer: A
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RBI’s new debt recast norms are credit positive for banks and will reduce gross NPA by how many basis points following one year?
Answer: A
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Which out of the following is/are correct regarding Statutory Liquidity Ratio (SLR)?
a) Section 42 of RBI Act, 1934 lays foundation for maintaining SLR by scheduled commercial bank with RBI.
b) Section 24 of the Banking Regulations Act, 1949 provide powers to RBI to specify SLR on banks
c) At present SLR is 19.50 per cent of NDTL
d) Qualified liquid assets for purpose of SLR are: unencumbered government and other approved securities, gold, cash and excess CRR balance
Select the correct answer from following options:
Answer: B
In terms of Section 24 of the Banking Regulations Act, 1949, scheduled commercial banks have to invest in unencumbered government and approved securities certain minimum amount as statutory liquidity ratio (SLR) on a daily basis. At present, SLR is 23 per cent of the NDTL. In addition to investment in unencumbered government and other approved securities, gold, cash and excess CRR balance are also treated as liquid assets for the purpose of SLR
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An open market operation is an instrument of monetary policy which involves buying or selling of ________from or to the public and banks:
Answer: C
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