Question : Whiich bank is called the bankers Bank?
Option 1: World Bank
Option 2: Central Bank
Option 3: SBI Bank
Option 4: ICICI Bank
Correct Answer: Central Bank
Solution : Central Bank keeps the cash balances of commercial banks and issues loans to them on requirements in the same manner as the commercial banks do for its customers. That's why it is also called as bankers' bank. Hence option B is correct.
Question : Which bank is called the bank of note issue?
Option 1: ICICI Bank
Option 2: PNB Bank
Option 3: Reserve Bank
Option 4: Central Bank
Question : The central bank of India is ___________.
Option 1: Reserve Bank of India (RBI)
Option 2: State Bank of India (SBI)
Option 3: Punjab National Bank (PNB)
Question : Which bank can increase the availability of credit by Selling government securities
Option 1: Local Bank
Option 3: Private Bank
Option 4: Commercial Bank
Question : Fill in the blanks The role of RBI has reduced from ________ to _________.
Option 1: Facilitator to regulators
Option 2: Regulator to facilitator
Option 3: Commercial bank to central bank
Option 4: Central bank to RBI.
Question : Bank draft is called ______________.
Option 1: Bank money
Option 2: Paper money
Option 3: Individual money
Option 4: All of above
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