Related Questions

Which of the following statements are true in context of scheduled banks?
1. All banks which are included in the Second Schedule to the Reserve Bank of India Act, 1934 are Scheduled Banks.
2. These banks comprise Scheduled Commercial Banks and Scheduled Co-operative Banks.
3. Scheduled Commercial Banks in India are categorized into five different groups - SBI, Nationalised Banks, Regional Rural Banks, Foreign Banks and Other Indian Scheduled Commercial Banks in the private sector.
4. Scheduled Co-operative Banks consist of Scheduled State Co-operative Banks and Scheduled Urban Co-operative Banks.
How does shadow banking differ from commercial banking?
1. While commercial banks are tightly regulated, shadow banking is not well regulated.
2. Shadow banking cannot create money.
3. While liabilities of commercial banks are insured, shadow banking liabilities are not insured.
4. While commercial banks access to central bank liquidity in the times of distress, shadow banking does not have such resource.
Select the correct answer:
Defining green banking is relatively easy. It means promoting environment -friendly practices and reducing your carbon footprint from your banking activities. This comes in many forms : using online banking instead of branch banking; paying bills online, opening up CDs (certificates of deposit) and money market accounts at online banks instead of large multi-branch banks. A green bank takes the biggest steps to support local green initiatives. Any combination of the above personal banking practices can help the environment. In this respect, online banks and smaller community banks have better track records than larger banks .However, these larger banks may be induced to go green . According to the passage, larger, multi -branch banks .
Statements : Government has spoiled many top ranking financial institutions by appointing bureaucrats as Directors of these institutions. Conclusions : a) Government should appoint Directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
b) The Director of the financial institute should have expertise commensurate with the financial work carried out by the institute.
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statements : Government has spoiled many top ranking financial institutions by appointing bureaucrats as Directors of these institutions.

Conclusions :
I. Government should appoint Directors of the financial institutes taking into consideration the expertise of the person in the area of finance.
II. The Director of the financial institute should have expertise commensurate with the financial work carried out by the institute.
Which of the statement on Islamic banking is incorrect? (A) Islamic banking is only for Muslims.(B) Islamic banking activity do not allow paying and receiving of interest. (C) Islamic banking promotes the principle of profit sharing between banking institution and depositor.
The objectives of forming SHG is (i) to build mutual trust and confidence between the bankers and the rural poor people.(ii) to encourage banking activities, both on the thrift as well as credit sides, in a segment of the population that the formal financial institutions usually find difficult to cover.(iii) to meet the needs of the poor by combining the flexibility, sensitivity and responsiveness of the informal credit system with the strength of technical and administrative capabilities and financial resources of the formal credit institutions.
How many non-bank financial institutions are in the financial market of Bangladesh ?
Consider the following statements and select the correct answer:
1. Subject to legislation by Parliament, the power to declare any area as a 'Scheduled area' is given to the President.
2. The 5th Schedule of the Constitution deals with administration of 'Scheduled areas' in assam, Meghalaya and Tripura.
3. The Government of the states having 'Scheduled areas' have to submit reports to the President regarding the administration of such 'Areas'.
4. The executive power of the union shall extend to giving directions to the respective states regarding administration of the 'Scheduled Areas'.
Which of the above statements are correct?
A, a person of scheduled caste attacks on 'B', a woman of scheduled tribe with the intention of her molestation. Under which one of the following sections of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989 'A' has committed an offence?