The objective of _________ is to extend financial services to low income groups.
LIC
Micro finance
ICICI
SBI
In which Central bank function?
Issue of paper currency
Lending of money
To deal in bills
To accept deposits
_________ helps to promote saving habits of the people.
Savings deposit
Fixed deposit
Current deposit
Recurring deposit
In India, financial year begins on
January 1
April 1
September 1
December 1
The first public bank was
Rural Bank
PNB
Bank of Venice
_______ are suitable for depositing money for a fixed period.
Current deposits
Fixed deposits
Savings deposits
Recurring deposits
Head quarters of RBI is in
Mumbai
Chennai
New Delhi
Kolkata
It acts as a medium of exchange, a measure of value, a standard of deferred payment and a store of value.
Income
Profit
Money
Interest
The apex bank operating for agricultural and rural development.
NABARD
Reserve Bank
ICICI Bank
A scheduled commercial bank is one :
Which is included in the Second Schedule of the RBI Act 1934
Which is included in the Banking Regulation Act, 1949
Both (a) and (b)
None of the above
