Banking and Financial Institutions MCQs

Identify the correct combination of statements with regard to banking in India. 1. For many years the presidency banks had acted as quasi-central banks. 2. The Bank of Hindustan was liquidated during 1829-32. 3. General Bank of India was an unsuccessful bank and was dissolved in 1791. 4. Bank of Calcutta was renamed as Bank of Bengal in 1921.

The coverage of Right to Information Act (RTI), 2005 is:

One of the items is not related with e-banking.

Second generation reforms in our country do not comprise of which one of the following?

Match List-I with List-II and select the correct answer: List I List II a. Bank rate policy 1. Involving the shortening of the currency of bills eligible for rediscount. b. Credit rationing 2. Involving the purchase and sale of securities in the open market. c. Vanable reserve system 3. Involving the alteration of discount rate. d. Open market operation 4. Involving the variation of the minimum reserves.

With reference to mutual funds, which of the following statements is correct?

Credit Exposure does not include:

For the purpose of extending rural banking and agro finance, the NABARD

Under Section [S.2(h)] of the RTI Act, 2005 "Other Public Authority" means: