Disha Expert Team Solutions for Chapter: Development Banks, Exercise 2: PRACTICE EXERCISE

Author:Disha Expert Team

Disha Expert Team General Knowledge/ General Awareness Solutions for Exercise - Disha Expert Team Solutions for Chapter: Development Banks, Exercise 2: PRACTICE EXERCISE

Attempt the free practice questions on Chapter 6: Development Banks, Exercise 2: PRACTICE EXERCISE with hints and solutions to strengthen your understanding. Banking Awareness For SBI & IBPS Clerk PO, RRB Exams solutions are prepared by Experienced Embibe Experts.

Questions from Disha Expert Team Solutions for Chapter: Development Banks, Exercise 2: PRACTICE EXERCISE with Hints & Solutions

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

What was the objective of starting co­operative banking in India?

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Many Co-operative Banks have their licenses cancelled by RBI. Why?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following is true about Co­operative Banks?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

 The MUDRA Bank will initially come under:

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following statements is/are correct about Micro Units Development Refinance Agency (MUDRA)?

1. CGF (Credit Guarantee Fund) is expected to guarantee more than 1,00,000 crore rupees worth of loans to micro and small units in the first instance.

2. It will reduce the credit risk to banks and other financial intermediaries.

HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following statements is/are correct?

1. NBFCs do not hold a banking license.

2. NBFCs can issue Demand Drafts like banks.

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following is/are correct about Cooperative Banks?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT

Which of the following statements is/are correct about Indian Postal payment Bank?

(i) It is a Public Limited Company under the Department of Posts with 100% GOI equity.

(ii) It offers demand deposits such as savings and current accounts up to a balance of ₹ 1Lakh.