Question : Which organisation monitors the banks actual cash balances?
Option 1: SBI
Option 2: RBI
Option 3: Grameen bank of India
Option 4: none of these
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Correct Answer: RBI
Solution : The correct option is RBI
The Reserve Bank of India (RBI) is in charge of overseeing and regulating India's banking system. It ensures financial stability and keeps the money flowing smoothly. The RBI sets rules for how much money banks must keep in reserve and uses different strategies to manage the money supply. It also keeps an eye on how much actual cash banks have to make sure they can meet their responsibilities. circulation. This dynamic is frequently observed in instances of currency debasement, wherein factors like inflation lead to a reduction in the currency's value.
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Question : Which of the following sponsors Regional Rural Banks (RRBs)?
Option 1: RBI
Option 2: Foreign banks
Option 3: National commercial banks
Option 4: Co-operative banks
Question : Regional Rural Banks are sponsored by:
Option 1: Nationalised Commercial Bank
Option 2: Reserve Bank of India
Option 3: State Bank of India
Option 4: Government of India
Question : Which of the following is not one of the scheduled public sector banks in India?
Option 1: Canara Bank
Option 2: UCO Bank
Option 3: Indian Overseas Bank
Option 4: Bandhan Bank
Question : The rate at which RBI gives short-term loans to commercial banks is called:
Option 1: repo rate
Option 2: reverse repo rate
Option 3: bank rate
Option 4: cash reserve rate
Question : Which among the following is not a Bretton Woods Institution?
Option 1: None of these
Option 2: International Monetary Fund (IMF)
Option 3: World Bank
Option 4: Organisation of Economic Cooperation and Development (OECD)
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