Banking and Financial Institutions Objective Questions and Answers

687. Which one of the following statements is not correct?

688. Match the following.

List-I	List-II
a. CRR	1. Maximum expected rate
b. Fiscal policy	2. Government of India
c. Monetary policy	3. RBI
d. RRR	4. Rate of interest

A. a-3, b-2, c-1, d-4

B. a-1, b-3, c-2, d-4

C. a-2, b-4, c-1, d-3

D. a-4, b-1, c-2, d-3

Discussion

689. Match the following.

List-I	List-II
a. Urjit Patel Committee	1. Restructuring of IDBI
b. Athreya Committee	2. To Examine the Current Monetary Framework
c. Amitabh Chaudhry Committee	3. Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households
d. Nachiket Mor Committee	4. To analyze the existing framework of IRDA-Linked and Non-Linked Insurance Product Regulations

A. a-1, b-3, c-2, d-4

B. a-2, b-3, c-4, d-1

C. a-1, b-2, c-3, d-4

D. a-2, b-1, c-4, d-3

Discussion

690. Arrange the events in the ascending order of their occurrence.
1. Allowing convertibility of rupee at the market rate in the current account.
2. Nationalisation of general insurance business.
3. Establishment of IDBI.
4. Nationalisation of life insurance business.
5. Capital adequacy norms for commercial banks.

691. The Base Rate system has replaced BPLR with effect from:

692. The Repo and Reverse Repo rates are resorted by the RBI as a tool of