Complete revision

Complete revision

University

65 Qs

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Financial Education

University

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Kappu Kappu

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65 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following banks is known as the "banker's bank" in India?

State Bank of India 

Reserve Bank of India 

ICICI Bank 

Punjab National Bank

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of bank is allowed to offer only basic banking services without involving in lending activities?

Commercial Banks 

Payment Banks 

Regional Rural Banks 

Cooperative Banks

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a primary function of commercial banks in India?

Issuing currency notes 

Formulating monetary policy 

Accepting deposits and granting loans 

Regulating stock exchanges

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main characteristic of a recurring deposit (RD)?

Lump sum deposit at once 

Regular monthly deposits 

Regular monthly deposits 

Free from tax deductions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which service allows customers to deposit cash after banking hours?

Mobile Banking 

ATM 

Internet Banking 

Doorstep Banking

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is responsible for formulating monetary policy in India?

Ministry of Finance 

Reserve Bank of India 

Securities and Exchange Board of India 

Planning Commission

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an instrument of monetary policy?

Tax rates 

Foreign exchange rates 

Repo rate 

Trade tariffs

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