Banking and Financial Institutions MCQs

One rupee note in India is issued by

Which one of the following is not the function of the Reserve Bank of lndia?

The Industrial Development Bank of India (IDBI) was established in

Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.

Which among the following is not true with regard to merchant banker? 1. It can accept deposits. 2. It can advance loans. 3. It can do other banking activities. 4. It can be managed to a public issue. Select the correct answer:

With a view to encourage newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, IDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs. This scheme is known as

Banks are required to classify non-performing assets into option

Which of the following financial institutions is not with in the supervisory Purview of RBI?

Bank rate is the rate