MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
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This committee recommended that the public sector bank should be free and autonomous _____.

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Important Questions on Financial Reforms in Banking Sector

EASY
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 55
Which of the following is not a electronic banking services?
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 56
Which of the following is not an act related to Banking regulation?
HARD
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 57
Consider the following statement(s) regarding IFRS.
I. IFRS are issued by the International Accounting Standards Board.
II. International Accounting Standards  (IAS) was replaced by IFRS.
III. RBI has started IFRS in year 2015.
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 58

Consider the following statement (s) regarding IFSC.

I. IFSC is an alphanumeric code,

II. IFSC is a 11 digit code,

III. IFSC is used by NEFT. 

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 59
Choose the correct statement(s) regarding Banking Regulation Act, 1949.
I. Provide safety in the interest of depositors.
II. Prevent misuse of powers by managers of banks.
III. Act does not supersede. 
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 60

Choose the correct statement(s) regarding IDFC.

I. IDFC started operating banking services on 1st Oct, 2015.

II. IDFC is based in Mumbai.

III. It is originally an investment finance company. 

Which of the above statement is/are correct?

MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 61
Choose the correct statement(s).
I. Deepak Mohanty is an economist.
II. Deepak Mohanty Committee is constituted by RBI.
III. Mohanty Committee was constituted on 15 July, 2015. 
MEDIUM
Bihar Cooperative Bank Assistant Mains
IMPORTANT
Banking Awareness Learn Revise & Practice>Chapter 4 - Financial Reforms in Banking Sector>QUESTION BANK>Q 62

Consider the following statement (s) regarding Bandhan Bank.
I. Bandhan Bank started operating its banking services on 1st Oct, 2016.
II. RBI gave its final nod for banking services in 2015.
III. Head office of Bandhan Bank is in Kolkata.

Which of the above statement is/are correct?