C. individual banks should adopt particular
districts for intensive development
8.
The Reserve Bank of India(RBI) acts as a bankers' bank. This would imply which of the following? 1. Other banks retain their deposits with the RBI. 2. The RBI lends funds to the commercial banks in times of need. 3. The RBI advises the commercial banks on monetary matters. Select the correct answer using the codes given below: UPSC - 2012
What is/are the facility/facilities the beneficiaries can get from the services of Business Correspondent (Bank Saathi) in branchless areas? 1. It enables the beneficiaries to draw their subsidies and social security benefits in their villages. 2. It enables the beneficiaries in the rural areas to make deposits and withdrawals. Select the correct answer using the code given below. UPSC - 2014
Which of the following grants/grant direct credit assistance to rural households? 1. Regional Rural Banks 2. National Bank for Agriculture and Rural Development 3. Land Development Banks Select the correct answer using the codes given below. UPSC - 2013
The establishment of "Payment Banks" is being allowed in India to promote Financial inclusion. Which of the following statements is/ are correct in this context? 1.Mobile telephone companies and supermarket chains that are owned and controlled by residents are eligible to be promoters of payment Banks. 2. Payment Banks can issue both credit cards and debit cards 3. Payment Banks cannot undertake lending activities.
Select the correct answer using the code given below. UPSC - 2016
