EASY
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'SFMS' is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. The first letter 'S' in the abbreviation 'SFMS' stands for

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Important Questions on Indian Economy

MEDIUM
If the inflation in an economy is rising steadily, the Central Bank might _____.
MEDIUM
What is the full form of ALM as used in the banking/ finance sector?
MEDIUM

Which of the following sectors has contributed in recent years (2019-2020) to the deterioration of asset quality of commercial banks by way of Non-Performing assets?
1. Agriculture and allied sector
2. Industrial sector
3. Infrastructure sector
4. Information technology sector

Select the correct answer using the code given below.

EASY
The abbreviation EPOS stands for _____.
EASY

The monetary policy in India uses which of the following tools?

1. Bank rate

2. Open market operations

3. Public debt

4. Public revenue

Select the correct answer using the code given below:

MEDIUM
Which of these institutions fixes the Repo Rate and the Reverse Repo Rate in India?
EASY
On 2nd January, 2018, Parliament passed NABARD (Amendment) Bill, 2017 which provides that Union Government alone must hold atleast how much capital share of NABARD? 
EASY

For how many months is a cheque valid from the date of issue?

1. 1 month
2. 2 months
3. 3 months
4. 6 months

MEDIUM

Which of the following is not classified as a commercial bank?

HARD
In October 2017, the State Bank of India announced to set up the Country's largest innovation center in _____.
EASY
What fraction of a rupee is one anna, which was a part of the old currency system of India?
EASY

Which union minister launched Project Sashakt in July 2018?

EASY
For Commercial Banks lending the 'Priority Sector' denotes:
EASY
On 2 January 2018 Parliament passed NABARD (Amendment) Bill, 2017, which seeks to transfer share capital held by _____ to the Union Government.
EASY
Which of the following is the correct full form of ECS often used in banking?
EASY
Which of the following services is not provided by the post office in India?