Which one of the following Indian banks is not a nationalized bank? (a) Corporation Bank (b) Dena Bank

(d) A manigramam was a large, influential guild of South Indian merchants during the period of Western Chalukyan rulers in 10th – 12th Century CE.

(d) Bank Rate is that rate of interest at which central bank of a country provides refinancing facilities to commercial banks. The bank rate, a benchmark rate at which RBI...

(*) Best answer should be (1243). IFCI – July 1948; ICICI – 1955; IDBI – UTI – 1963 July 1964; the correct sequence is not given in the answer.

(d) Narrow money is the most liquid part of the money supply because the demand deposits can be withdrawn anytime during the banking hours. Time deposits on the other hand...

(d) RBI was established in 1935 and its shares were held by private individuals. There are 20 directors who govern its activities. It was nationalized on 1 January, 1949.  The borrowing...

(a) Repo Rate is the rate at which commercial banks borrow funds from RBI. A reduction in the repo rate will help banks to get money from the central bank...

(d) It is fixed by Reserve Bank of India. In 2011, RBI permitted the commercial banks to fix interest rate on saving account independently. Rate of interest up to Rs.1...

(d) Currency/cash is the most liquid, then the demand deposits (current accounts), then the saving deposits with bank and finally the least liquid is the time deposits with the bank...

(d) FDI in private sector banks is raised to 74% under the automatic route including investment by FIIs.

Bank rate is the rate at which central bank offers loans to the Commercial Banks as a lender of last resort. During inflation, when supply of credit is to be...