Indian Financial System

Who is the central banking authority in India? 

Which among the following is not one of the functions of RBI?

• Controlling inflation

• Banking Supervision

• Lender of last resort

• Controlling employment in the country

To operate as NBFC in India, one has to take license from _____.

SEBI

RBI

MoF

FICCI

• SEBI

• RBI

• MoF

• FICCI

Which among the following financial instruments are dealt by Primary Dealers? 

• Bonds

• Mutual Funds

• Government securities

• Debentures

Name the section that mandate banks to maintain CRR with RBI? 

• Section 42(1) RBI Act

• Section 24(1) RBI Act

• Section 42(1) BR Act

• Section 24(1) BR Act

Which out of the following liquid assets is not a part of SLR? 

• Cash

• Govt Securities

• Gold

• Bonds

Who is the regulator of insurance sector in India? 

SEBI

IRDAI

NABARD

PFRDA

• SEBI

• IRDAI

• NABARD

• PFRDA

Name India’s first listed exchange? 

• MCX

• NSE

• BSE

• OTC Exchange of India

Who provides clearing house facilities for netting of payments and securities delivery? 

• Stock exchange

• RBI

• SEBI

• SBI

HOW MANY BANKS WERE NATIONALIZED ON 15TH APRIL 1980?

• 4

• 5

• 6

• 7