At which of the following cities is the Head Office of Reserve Bank of India located?
Answer: A
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What is the minimum paid up capital and reserve requirement needs to maintain by bank in order to classify as Scheduled Commercial Banks?
Answer: B
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Which of the following is/are correct regarding Market Stabilisation Scheme (MSS)?
Answer: D
Market Stabilisation Scheme (MSS) was introduced in April 2004 following the Memorandum of Understanding between the Government and the Reserve Bank, whereby, the Government issues securities specifically for the purpose of sterilisation operations. The issuances of Government paper under the MSS are undertaken to absorb rupee liquidity created by capital flows of an enduring nature. In order to neutralize the monetary and budgetary impact of this particular instrument, the proceeds under the MSS were parked in a separate deposit account maintained by the Government with the Reserve Bank which was used only for the purpose of redemption and/or buyback of paper issued under the MSS
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Which of the following terms is used in banking field?
Answer: A
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According to RBI Act, what minimum amount of daily balance needs to be maintained by Government of India with Reserve Bank of India?
Answer: B
The Central and the State Governments maintain deposits with the Reserve Bank. It has been agreed by the Central Government, to maintain a minimum balance of Rs 10 crore daily.
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Who was the first woman Deputy Director of RBI ?
Answer: C
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Who was the chairman of High Powered Committee on Urban Co-operative Banks?
Answer: D
The Reserve Bank of India had constituted a High Powered Committee on Urban Co-operative Banks (UCB) in 2015 under chairmanship of then Deputy Governor R Gandhi.
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How many zonal training centers of RBI are there in India ?
Answer: C
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RBI has put restriction of not to carry out any business for six months on which cooperative bank?
Answer: A
The Reserve Bank of India has ordered Punjab and Maharashtra Co-operative (PMC) Bank not to do any business for six months and capped depositor withdrawals at Rs 1,000 which has been enhanced to Rs 40,000, throwing the lives of thousands of traders, self-employed and daily wage earners into disarray. The regulator has also appointed an administrator for the bank
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Which is not a function of RBI ?
Answer: C
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