Disha Expert Team Solutions for Chapter: Reserve Bank of India-Structure and Functions, Exercise 1: PAST EXERCISE

Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates? Policy of _____.

Cheque transaction is the conversion of a physical cheque into a substitute electronic form for transmission to the paying bank. Cheque truncation and electronic cheque come under which act?

RIDF is maintained by the National Bank for Agriculture and Rural Development (NABARD). RIDF was set up by the Government in 1995-96 for financing ongoing _____ projects.

The PCA is triggered when banks breach certain regulatory requirements like minimum capital, return on asset and quantum of non-performing assets. What is the meaning of "P" in PCA?

________ is vested with the responsibility of conducting monetary policy.

Which scheme/act has enabled an expeditious and inexpensive forum to bank customers for resolution of complaints relating to certain services rendered by banks?

In a bid to check loan defaults, RBI stated that a PCR will be set up containing information on all borrowers to ensure financial stability. PCR stands for

CRR is the amount of funds that the banks have to keep with the RBI. What is the full form of CRR.