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Subject: RBIxFunctions

  • Consider the following statements

    Consider the following statements:

    1.The Reserve Bank of India manages and services Government of India Securities but not any State Government Securities.
    2.Treasury bills are issued by the Government of India and there are no treasury bills issued by the State Governments.
    3.Treasury bills offer are issued at a discount from the par value.
    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:

    1.Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to offset any loss that banks incur if any account-holders fail to repay dues.
    2.CAR is decided by each individual bank.

    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:

    The Reserve Bank of India’s recent directives relating to ‘Storage of Payment System Data’, popularly known as data diktat, command the payment system providers that

    1. they shall ensure that entire data relating to payment systems operated by them are stored in a system only in India
    2. they shall ensure that the systems are owned and operated by public sector enterprises
    3. they shall submit the consolidated system audit report to the Comptroller and Auditor General of India by the end of the calendar year

    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:

    1.The Governor of the Reserve Bank of India (RBI) is appointed by the Central Government.
    2.Certain provisions in the Constitution of India give the Central Government the right to issue directions to the RBI in the public interest.
    3.The Governor of the RBI derives his power from the RBI Act.
    Which of the above statements are correct?

  • Consider the following statements

    Consider the following statements:
    1. In India, Non-Banking Financial Companies can access the Liquidity Adjustment Facility window of the Reserve Bank of India.
    2. In India, Foreign Institutional Investors can hold the Government Securities (G-Secs).
    3. In India, Stock Exchanges can offer separate trading platforms for debts.
    Which of the statements given above is/are correct?

  • Consider the following statements

    Consider the following statements:
    I. The Reserve Bank of India mandates all the listed companies in India to submit a Business Responsibility and Sustainability Report (BRSR).
    II. In India, a company submitting a BRSR makes disclosures in the report that are largely non-financial in nature.
    Which of the statements given above is/are correct?

  • In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by

    In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by

  • The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following

    The Reserve Bank of India (RBI) acts as a bankers’ bank. This would imply which of the following?
    1. Other banks retain their deposits with the RBI.
    2. The RBI lends funds to the commercial banks in times of need.
    3. The RBI advises the commercial banks on monetary matters.

  • The Reserve Bank of India regulates the commercial banks in matters of

    The Reserve Bank of India regulates the commercial banks in matters of
    (1). liquidity of assets
    (2). branch expansion
    (3). merger of banks
    (4). winding-up of banks
    Select the correct answer using the codes given below.