
Which among the following is/are the recommendations of Nachiket Mor Committee?
1. Every adult of our country should have a bank amount by 1st January, 2016.
2. Abolition of interest subsidies.
3. Unified financial redress agency under Finance Ministry for customer grievances
4. Raising priority sector lending cap for bank to 70% from current 40%.
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Important Questions on Indian Economy

Which of the following is/are the objectives of MUDRA Bank?
. Regulate the lender and borrower of microfinance and bring stability to microfinance system.
. Extent finance and credit support to Microfinance Institutions and agencies.
. Develop the standardised covenants that will form the backbone of the last mile business in future.
. Introduce appropriate technologies to assist in the process of efficient lending, borrowing and monitoring of distributed capital.
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Which one of the following is correctly matched?
List (Bank) | List (Headquarters) |
. Standard Chartered | United Kingdom |
. Citibank | United States |
. Dresdner Bank AG | Germany |
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Which among the following is/are true about the contactless credit cards launched by ICICI ?
. The card is powered by 'VISA Pay Wave' contactless technology.
. The card can also be used by dipping or swiping at non-contactless merchants.
. It offers dual advantage of reward programme on the expenses and repayments of credit cards.
. The technology enables cardholder to make payments by simply tapping card at contactless enabled terminals in more than countries including India.
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