_________ helps to promote saving habits of the people.
Savings deposit
Fixed deposit
Current deposit
Recurring deposit
The first public bank was
SBI
Rural Bank
PNB
Bank of Venice
In India, financial year begins on
January 1
April 1
September 1
December 1
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
The objective of _________ is to extend financial services to low income groups.
LIC
Micro finance
ICICI
When money is deposited at fixed intervals for a fixed period it is called
In which Central bank function?
Issue of paper currency
Lending of money
To deal in bills
To accept deposits
The institutions which operate in the financial sector but not rendering banking services are called
Non-Banking Financial Institutions
State Bank of India
NABARD
On the basis of functions, banks are classified into ___________ types.
5
3
2
7
Head quarters of RBI is in
Mumbai
Chennai
New Delhi
Kolkata