
Consider the following statements in the context of the Lead Bank Scheme.
1. The Lead Bank Scheme was introduced by the RBI based on the recommendations of the D.R. Gadgil study group.
2. Under this scheme, every district shall be assigned to a commercial bank having a major presence in the district.
Which of the above statement(s) is/are correct?
2. Under this scheme, every district shall be assigned to a commercial bank having a major presence in the district.


Important Questions on Money and Banking
Which of the following statement(s) is/are correct?
1. Repo rate helps commercial banks to acquire funds from RBI by selling securities.
2. Reverse repo rate is the rate that banks get from RBI for parking their short term excess funds with RBI.
3. Both Repo and Reverse Repo operations are used by RBI in its Liquidity Adjustment Facility.
Choose the correct code.

Consider the following statements in the context of Venture Capital.
1. Venture Capital is a short term capital provided to the greenfield technological ventures by the consortium of Banks.
2. In India, Venture capital is regulated and controlled by the Reserve Bank of India (RBI).
Which of the above statement(s) is/are NOT correct?

Consider the following.
1. Providing loans to Agriculture.
2. Lending to Small Scale Industries.
3. Loans advanced to Self Help Groups.
4. Lending to the Education and Housing sector.
Which of the above are considered Priority Sector Lending as per the RBl's regulatory stipulations?

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.
Select the correct answer using the codes given below:


Which of the following grants/grant direct credit assistance to rural households?
1. Regional Rural Banks
2. National Bank for Agriculture and Rural Development
3. Land Development Banks
Select the correct answer using the codes given below.


In the context of Indian economy, which of the following is/are the purpose/purposes of 'Statutory Reserve Requirements'?
1. To enable the Central Bank to control the amount of advances the banks can create.
2. To make the people's deposits with banks safe and liquid.
3. To prevent the commercial banks from making excessive profits.
4. To force the banks to have sufficient vault cash to meet their day-to-day requirements.
Select the correct answer using the code given below.
