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Indian Banking and Financial System

61.

Which of the following is known as plastic money?

Answer: B

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62.

Which bank was earlier known as the lmperial bank of lndia?

Answer: A

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63.

In context with Banking in India, what is the difference between liquidity adjustment facility – repo-rate and Marginal standing facility rate? 1. Under repo, banks can borrow up to 5% of net demand and time liabilities under MST, they can borrow up to no limit. 2. Under repo rate banks can borrow above SLR requirements, under MSF, banks can borrow within SLR requirements. Select the above correct statements.

Answer: A

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Answer: D

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Answer: C

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66.

Which among the following given a justification about the fact ‘Green Revolution has not been green as it made out to be’

1. It helped only farmers

2. It confined to selected areas only

3. It confined only to wheat

Select the above correct statements.

Answer: D

The introduction of high-yielding varieties of seeds and the increased use of chemicals fertilizers and irrigation are known collectively as the green revolution, which provided the increase in production needed to make India self sufficient in India.

 - Use of high yielding varieties (HYV)

- Irrigation

- Use of insecticides and pesticides

- Land reforms

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67.

Land development banks in India are owned by the

Answer: D

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Answer: C

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69.

The Indian rupee is a legal tender in two other countries. One is Nepal. The other is

Answer: C

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70.

With a view to encouraging newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, lDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs. This scheme is known as

Answer: C

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