If the cash reserve ratio is lowered by the Reserve Bank of India, its impact on credit creation will be:
Answer: B
CRR is the amount of funds that all scheduled commercial banks and excluding regional rural banks are required to maintain without any floor for ceiling rate with the RBI with reference to their total demand and time liabilities to ensure liquidity and solvency of banks.
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Which of the following does not constitute a benefit of DRs for the issuer?
Answer: D
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Central Bank________ Credit
Answer: B
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RBI promotes commercial banking by
Answer: D
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The performance of which scheme does the National Housing Bank monitor?
Answer: B
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Which of the following is true about the functions performed by RBI -
(i) It is the Bank of Issue
(ii) It acts as banker to the Government
(iii) It is the banker of other banks
(iv) It regulates the flow of credit
Answer: C
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SEBI has just set up plans for a special court in the national capital. Where else is the special court located in India?
Answer: A
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SEBI announced plans to tighten regulations for which type of trading?
Answer: C
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An anchor investor is one of the following:
Answer: B
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The national housing bank was set up in India as a wholly owned subsidiary of which of the following:
Answer: C
The national housing bank was set up in India as a wholly owned subsidiary by Reserve Bank of India (RBI). Reserve Bank is also known as bankers of bank. So in the given option (c) is correct about the given statement. The bank started its function from July, 1988.
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