What is the role of the 'Financial Stability and Development Council' (FSDC) in India?

A. To resolve disputes between financial sector regulators

B. To promote financial stability and development in the country

C. To regulate the stock market

D. To formulate monetary policy

Answer: Option B

FSDC is an apex-level forum that discusses issues relating to financial stability, financial sector development, inter-regulatory coordination, financial literacy, and financial inclusion. 2

1

The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

A. Promoting specialized banking services

B. Enhancing financial inclusion in rural areas

C. Regulating the lending rates of banks

D. Facilitating inter-bank transactions

2

Which of the following committees is specifically associated with recommending reforms in India's banking sector?

A. Kelkar Committee

B. Bhagwati Committee

C. Narasimham Committee

D. Tendulkar Committee

3

The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

A. Only credit and savings

B. Only insurance and pensions

C. Banking, credit, insurance, and payment services

D. Only investment and advisory services

4

What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

A. Providing loans to the general public during emergencies

B. Offering financial assistance to banks facing temporary liquidity mismatches

C. Funding the government's fiscal deficit

D. Regulating non-banking financial companies (NBFCs)

5

Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

A. Investment Company

B. Housing Finance Company

C. Regional Rural Bank

D. Infrastructure Finance Company

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What is the role of the 'Financial Stability and Development Council' (FSDC) in India?

1

The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

2

Which of the following committees is specifically associated with recommending reforms in India's banking sector?

3

The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

4

What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

5

Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

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What is the role of the 'Financial Stability and Development Council' (FSDC) in India?

1 The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

2 Which of the following committees is specifically associated with recommending reforms in India's banking sector?

3 The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

4 What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

5 Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?

Categories

Random Posts

Social Media

1

The concept of 'Lead Bank Scheme' in India, introduced in 1969, primarily aimed at:

2

Which of the following committees is specifically associated with recommending reforms in India's banking sector?

3

The term 'Financial Inclusion' in India encompasses providing access to which of the following formal financial services?

4

What is the primary function of the Reserve Bank of India (RBI) as the 'lender of last resort'?

5

Which of the following is NOT a type of Non-Banking Financial Company (NBFC) in India?