
Which of the following statements are correct?
1. Like Commercial Banks, Cooperative Banks also maintain CRR and SLR every fortnight.
2. Like Cooperative Banks, Commercial Banks also maintain the criteria of priority sector lending.
3. Priority sector lending criteria also acts on Regional Rural Banks (RRB).
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Important Questions on Practice Test

Consider the following statements:
1. All the State Governments are required to maintain a minimum balance with the Reserve Bank
2. The Central Government is required to maintain a minimum cash balance with the Reserve Bank
3. The rate of interest on WMA is linked to the Repo Rate.
Which of the statements given above is/are true?

Who among the following is/are eligible to issue Commercial papers?
. Corporates
. Primary dealers
. All-India Financial Institutions
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Consider the following statements regarding Liquidity Adjustment Facility:
1. LAF is a facility extended by the RBI to the scheduled commercial banks including RRBs and primary dealers to avail of liquidity in case of requirement.
2. The operations of LAF are conducted by way of Repo and Reverse Repo rates.
3. LAF is an important tool of monetary policy and enables RBI to transmit interest rate signals to the market.
Which of the statements given above is/are correct?

Which of the following is/are an example of derivative?
1. Forward
2. Future
3. Option
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NABARD provides refinance to:
1. Commercial Banks
2. Regional Rural Bank (RRB)
3. State Cooperative Banks
4. Land development Bank
5. Non-Banking Financial Companies
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Which of the following is/are primarily a part of the Secondary market?
. Commercial Paper
. Options
. Treasury Bills
. Government Securities
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