Banking in India is controlled by – McqOptions

MCQOPTIONS

1.	Banking in India is controlled by
A.	Union Finance Commission
B.	Union Ministry of Finance
C.	Union Ministry of Commerce
D.	Reserve Bank of India
Answer» E.

Discussion

No Comment Found

Related MCQs

The liabilities of a bank are
Which of the following is true about the restrictions on RBI?(i) It is not to compete with the commercial banks.(ii) It is not allowed to pay interest on its deposits.(iii) It cannot engage directly or indirectly in trade.(iv) It cannot acquire or advice loans against immovable property.(v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
For issuing / printing currency notes, the RBI has adopted a system
Central Bank is an institution which is
The methods of credit control used by RBI includes(i) Open market operation(ii) Changes in CRR and SLR(iii) Selective credit control(iv) Changes in SLR
The full form of EMI used in the banking sector is
Bank rate is decided by
Which function of foreign exchange market protects against the foreign exchange risk?
Which of the following is not the work of RBI?
The reserves held by the Commercial Banks over and above the statutory minimum with the RBI are called