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Financial awareness Practice Questions & Answers

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Scheduled Banks in India refer to those banks which have been included in the________?

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Scheduled Banks in India refer to those banks which have been included in the________?


1). Second Schedule of Reserve Bank of India Act, 1934.
2). First Schedule of Reserve Bank of India Act, 1934.
3). Second Schedule of Reserve Bank of India Act, 1935.
4). First Schedule of Reserve Bank of India Act, 1935.

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'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by ?

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'SHG Bank Linkage Programme' is a programme which encourages India's banks to lend to self-help groups (SHGs) composed mainly of poor women, this has evolved into an important Indian tool for microfinance. This programme was initiated by ?
1). Reserve Bank of India (RBI)
2). Agricultural Refinance and Development Corporation (ARDC)
3). National Bank for Agriculture and Rural Development (NABARD)
4). Non-Banking Finance Companies (NBFC)

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Name the financial regulatory authority which has instructed banks to accept cash deposits from all the parties under the Income Declaration Scheme (IDS).

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Name the financial regulatory authority which has instructed banks to accept cash deposits from all the parties under the Income Declaration Scheme (IDS).
1). RBI
2). BBB
3). SEBI
4). FMC

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Which among the given option(s) are the functions performed by Reserve Bank of India? 1. RBI manages inflation 2. RBI acts as the banker’s bank 3. RBI manages India’s Foreign Exchanges 4. RBI handles the borrowing program of government Select the correct answer using the codes given below.

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Which among the given option(s) are
the functions performed by Reserve
Bank of India?
1. RBI manages inflation
2. RBI acts as the banker’s bank
3. RBI manages India’s Foreign
Exchanges
4. RBI handles the borrowing
program of government
Select the correct answer using the
codes given below.


1). 2, 3 and 4 only
2). 1, 2 and 3 only
3). 2 and 3 only
4). 1, 2, 3 and 4

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In which of the following banks Govt holding is 100% ?

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In which of the following banks Govt holding is 100% ?
1). Indian Bank
2). Union Bank of India
3). United Bank of India
4). Sindh Bank of India