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Odd man out

General Knowledge : Questions Answers : Banking Awareness



11.

Objective of SLR(Statutory Liquidity Ratio) is /are;

A. To restrict expansion of bank credit.

B. To increase banks investment in approved securities.

C. To ensure solvency of banks.

D. All of these.



12.

Interest payable on savings bank accounts is-

A. decided by banks without following any conditions by RBI.

B. not regulated by RBI.

C. regulated by central government.

D. decided by banks following the guidelines of RBI



13.

Which is/are the commodities on which subsidy is given to farmers or poor people in India?

A. Fertilizer.

B. Kerosene.

C. LPG.

D. All of these.



14.

Financial inclusion or Inclusive financing means providing-

A. food at low cost.

B. financial services (Payments, remittances, savings, loans, insurance and etc.) at affordable cost to those disadvantaged and low-income parts/segments of the society, where these services are not affordable or available.

C. only free financial education to poor people.

D. None of these.



15.

If the rate of inflation increases then the-

A. purchasing power of money increases.

B. purchasing power of money decreases.

C. purchasing power of money remains uneffected.

D. None of these.