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Which among the following is NOT a correct statement?  1. The Reserve Bank of India worked as Central Bank of Burma till April 1947 2. The Reserve Bank of India worked as Central Bank of Pakistan till June 1948 3. The Reserve Bank of India worked as Central Bank of Bangladesh from January 1972 to December 1975 4. The Reserve Bank of India commenced its operations on April 1, 1935 
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: In a bid to find a successor to founder CEO Rana Kapoor, The Yes Bank has formed a five member panel including two members from outside the bank, less than a week after Reserve Bank of India (RBI) cut short his tenure until January 31 2019. In a press release sent to the exchanges late on Tuesday evening, Yes Bank said that the “search and selection committee” would comprise of three members of the bank’s nomination and remuneration committee and also two external members, which the bank did not specify.  Courses of action: I. However, the board has requested the Reserve Bank of India (RBI) to grant an extension to Kapoor up to September 2019 ‘for finalization of audited financial statements for fiscal year ending March 2019 and in order for the statutory AGM process to be completed’. II. The board has also recommended the elevation of senior group presidents Rajat Monga and Pralay Mondal as executive directors ‘to ensure a long term succession plan within Yes Bank, and given the demonstrated track record of these two senior leaders’. All this will be subject to RBI approval.  III. The panel will comprise of five members and will focus on find a successor to Rana Kapoor.
In the question below, is given a passage followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Passage: One of the biggest problems facing ABC Bank of India is the attrition of its Probationary Officers post their job confirmation. The bank spends crores of rupees in their training during Probation, but after confirmation in service, many of the Probationary officers quit the Bank. While some of them jump to more lucrative jobs in the Private Sector Banks, some prefer to quit even without finding another job. Courses of action:  I. ABC Bank must make the Probationary Officers sign a bond upon joining, asking them to serve the bank for a minimum of 10 years after confirmation. II. New HR policy must be introduced to recover training costs from Probationers who serve the bank for less than 5 years. III. The Bank must appoint an internal committee to find out the reasons for the attrition of Probationary Officers.
Baroda Uttar Pradesh Grameen Bank, Kashi Gomti Samyut Gramin Bank and Purvanchal Bank are merged into a single bank  regional rural bank, Baroda UP Bank. Where will be the headquarter of Baroda UP Bank?
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
A, a bank officer, got compulsorily retired in 2014. Since the bank authorities did not release the leave encashment in his favour, he filed writ petition WP 2001 (W) of 2017 in Ranchi High Court for the same and also for the interest on the unpaid amount. The writ petition was disposed of by a learned Single Judge in December 2018 directing the bank to release the privileged leave encashment benefits to the petitioner to the extent he was entitled to in accordance with law within a certain period. The prayer for interest was not specifically denied by the court. The bank filed an appeal against the order. The Division Bench of Ranchi High Court in February, 2019 declined to admit the appeal. The bank authorities released the leave encashment in favour of the petitioner. However, A files a writ petition again for a direction to the bank to disburse interest to A at the rate of 18% per annum on leave encashment released by the bank. This petition is covered under which of the following?
Statement is followed by five Conclusions I, II, III, IV and V. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly Statement: The eighth largest country in the world by population, Bangladesh is shedding the least developing country (LDC) label and is within striking distance of middle-income status. While grassroots development, the readymade garment industry and the phenomenon of mega-non-governmental organisations deserve credit, so does the stewardship of Sheikh Hasina and her two consecutive five-year terms as Prime Minister since January 2009. Conclusion: I. Bangladesh is working on population control programs. II. Sheikh Hasina is a successful Prime Minister of Bangladesh. III. Bangladesh is soon to be a fast developing country. IV. Before January 2009, Bangladesh was a poor country. V. Development in a country increases Per capita income of the country.
Statement is followed by five Conclusions I, II, III, IV and V. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly Statement: The eighth largest country in the world by population, Bangladesh is shedding the least developing country (LDC) label and is within striking distance of middle-income status. While grassroots development, the readymade garment industry and the phenomenon of mega-non-governmental organizations deserve credit, so does the stewardship of Sheikh Hasina and her two consecutive five-year terms as Prime Minister since January 2009. Conclusion: I. Bangladesh is working on population control programs. II. Sheikh Hasina is a successful Prime Minister of Bangladesh. III. Bangladesh is soon to be a fast developing country. IV. Before January 2009, Bangladesh was a poor country. V. Development in a country increases Per capita income of the country.
The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph. P: Banking in India originated in the last decade of the 18th century.  Q: The largest bank and the oldest still in existence is the State Bank of India. R: Among the first banks were the Bank of Hindustan, which was established in 1770 and liquidated in 1832 and the General Bank of India, established in 1786 but failed in 1791.  S: Today, our banking system is divided into commercial banks, regional rural banks and cooperative banks
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: A shortage of bank branches and ATMs across India’s hinterland is holding back Prime Minister Narendra Modi’s financial inclusion efforts and risks angering rural voters ahead of elections next year. After taking office in 2014, Modi set an ambitious target to open a bank account for every household to ensure welfare funds flow directly to India’s poor, while improving access to credit and insurance programs. He pushed policies that helped bring 310 million people into the formal banking system in just four years, according to the World Bank. Based on the arguments stated below and he information stated above, which of the following arguments state the reason for the problem, ‘But many of India’s villages still lack bank branches or ATMs to help service new customers, while the pace of building new financial infrastructure has actually slowed’.  Arguments: I. Because Modi’s government effectively forced poor citizens into the banking system by linking some welfare benefits to bank accounts, villagers have ended up stuck in long queues and struggling with ATMs that often run out of cash or break down.  II. With an election due next year, the mismatch between the government’s policies and the rural banking system is generating frustration among a key slice of India’s electorate. III. The banking system struggled to keep up, while some gains proved temporary. Nearly half of Indian bank accounts were inactive in 2017, meaning they weren’t used at all in the previous 12 months