MONEY & BANKING

Money of another country

• insurance

• refund

• bargain

• foreign currency

What is the Cash Reserve Ratio (CRR)?

• the fraction of the deposits that commercial banks lend to the customers

• the fraction of the deposits that RBI must keep with commercial banks

• the fraction of the deposits that commercial banks must keep with RBI

What is the reserve deposit ration (rdr)?

• the proportion of money RBI lends to commercial banks

• the proportion of total deposits commercial banks keep as reserves

• the total proportion of money that commercial banks lend to the customers

What possess general acceptability?

• Bank draft

• Money

• Bill of exchange

Which bank is called lender of last resort?

• Commercial bank

• Agricultural bank

• Central bank

Which bank enjoys monopoly power of Note issue?

• NABARD

• Commercial Bank

• Central Bank

What is the name of Central Bank in India?

• SBI

• RBI

• PNB

Deposits which are payable after the expiry of a fixed period are called -

• time deposits.

• demand deposits.

• NONE

What is the ratio of deposits which commercial banks are required to keep with themselves called?

• CRR

• SLR

• both

The rate at which central bank lends to commercial banks is called?

• SLR

• CRR

• bank rate