Smartindia Classroom
CONTENTS
Geography
Economics
Political Science
History
Statistics
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Question-1
The issue of currency is undertaken on behalf of state by the
(A)
State Bank of India
(B)
Reserve Bank of India
(C)
Canara Bank
(D)
Federal Bank
Question-2
The Reserve Bank of India has been publishing data on ________ alternative measure of money supply.
(A)
Two
(B)
One
(C)
Three
(D)
Four
Question-3
___________ is the primary functions of commercial bank.
(A)
Credit creation
(B)
Providing loans
(C)
Accepting deposits
(D)
Transfer of funds
Question-4
The 14 commercial banks were nationalized in the year
(A)
1969
(B)
1951
(C)
1949
(D)
1980
Question-5
The second important function of commercial bank is
(A)
Agency function
(B)
Providing loan
(C)
Credit creation
(D)
Transfer of funds
Question-6
Commercial banks are also able to transfer funds of a customer to other customer’s account through
(A)
Cheques
(B)
Draft
(C)
Credit card
(D)
All the above
Question-7
Deposits in a bank by opening a bank account which can be withdrawn on demand are known as
(A)
Deposit
(B)
Currency
(C)
Demand deposits
(D)
Cheque
Question-8
Separate the bank whose motive is not profit-making
(A)
Andhra bank
(B)
Canara bank
(C)
IOB
(D)
RBI
Question-9
A __________ is a paper in instructing the bank to pay a specific amount from a person's account.
(A)
Loan
(B)
Demand deposit
(C)
Cheque
(D)
Currency
Question-10
Minimum reserve system relates
(A)
Method of note issue
(B)
Commercial banks keep certain portion of their deposits with the RBI
(C)
Commercial banks should keep certain portions of their deposits in cash
(D)
Customers are compelled to keep certain minimum balance with their deposits
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Plus 1 Humanities
Tamil Nadu (English Medium)
Practice in Related Chapters
Economic Growth and Development
Population
Poverty and Unemployment
Economic Planning
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Measures of Variability
Statistical Analysis and Measures of Central Pendency
Human Resource Development
Foreign Trade
Industrial Sector
National Income
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