Question

(a) Minimum cash balance maintained by every bank is called as:

(i) CRR
(ii) SLR

(iii) Repo rate
iv) Reverse Repo rate


(b) RBI supervises the functioning of

(i) Formal source of credits

(ii) Informal source of credits

(iii) Formal and informal source of credits

(iv) None of the above


(c) Which of the following is not the work of RBI?

(i) Bank of banks

(ii) Credit controller

(iii) Custodian of foreign currency

(iv) Allocating funds directly to the farmers for agricultural development


(d) The purpose of maintaining minimum cash balance is to

(i) Pay to the depositors

(ii) Pay the salary to the bank staff

(iii) Pay to the government

(iv) Extend loan
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Answer 1

Answer:

interest ............