Principles & Practices of Banking for JAIIB Mock Test 4

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What rate of interest is allowed by RBI on CRR balances w.e.f. 1.4.2007:

Correct! Wrong!

Bank Rate means the rate of interest:

Correct! Wrong!

Depositories hold securities in form ..................

Correct! Wrong!

RBI has direct supervision over depositories and mutual funds:

Correct! Wrong!

Urban Cooperative Banks are controlled by:

Correct! Wrong!

The provide clearing house facilities for netting of payments and securities delivery:

Correct! Wrong!

What rate of interest is allowed by RBI on CRR balances w.e.f. 1.4.2007?

Correct! Wrong!

Cash Reserve Ratio is the deposit to be held by Banks with RBI is .............

Correct! Wrong!

Leasing, hire purchase and bill discounting are the domain of:

Correct! Wrong!

A decrease in the Bank Rate is likely to lead to a ................... in interest rates of banks.

Correct! Wrong!

Monetary control is exercised through Cash Reserve Ratio and Statutory Liquidity Ratio.

Correct! Wrong!

What rate of interest is allowed by RBI on CRR balances w.e.f. 1.4.2007:

Correct! Wrong!

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