Indian Commercial Banking System – 1 – 2

6. The basic aim of Lead Bank Scheme is that :

(a) big banks should try to open offices in each district
(b) there should be stiff competition among the various nationalized banks
(c) individual banks should adopt particular districts for intensive development
(d) all the banks should make intensive efforts to mobilize deposits

ANSWER

EXPLANATION

7. Which of the following Public Sector Bank’s emblem figures a dog and the words ‘faithful friendly’ in it ?

(a) Punjab National Bank
(b) Syndicate Bank
(c) Oriental Bank of India
(d) State Bank of India

ANSWER

EXPLANATION

8. Which among the following is an asset for a commercial bank ?

(a) credit to farmers
(b) Deposit of public
(c) Borrowing from RBI
(d) Demand deposit of industries

ANSWER

EXPLANATION

9. The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called :

(a) SLR
(b) CBR
(c) SBR
(d) CRR

ANSWER

EXPLANATION

10. Currency note of RS 2 denomination and above are liabilities of :

(a) Government of India
(b) Reserve Bank of India
(c) State Bank of India
(d) All of the above

ANSWER

EXPLANATION

1 2 3

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