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Banking Money and Monetary Policy


19. 

Mark the one which does not belong to the group

Answer : A. Reserve Bank of India

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20. 

Which was the first bank in India to introduce a 24 hour ATM?

Answer : D. HSBC

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21. 

Every bank has to keep certain minimum cash balance with RBI is called

Answer : B. Cash reserve Ratio

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22. 

The minimum paid up capital requirement at present for starting a new private Bank in india is

Answer : B. 500 Crores

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23. 

Monetary policy in India is formulated by

Answer : A. RBI

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24. 

The famous name for State Bank of India is

Answer : B. Imperial Bank of India

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