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For Competitive Exams

In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines

to govern entry of new private sector banks to make the banking sector more competitive
to reduce the freedom given to banks to rationalize their existing branch network
to setup more foreign exchange banks
to lend more easily for industrial development
Additional Questions

Which of the following is the first Indian private company to sign an accord with Government of Myanmar for oil exploration in two offshore blocks in that country?

Answer

Non Tax revenues can be increased by improving the working of the

Answer

Which of the following is not viewed as a national debt?

Answer

The condition of indirect taxes in the countrys revenue is approximately

Answer

Deficit financing means that the government borrows money from the

Answer

Revenue of the state governments are raised from the following sources, except

Answer

Since the inception of the co-operative movement, rural credits has been

Answer

If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be

Answer

The co-operative credit societies have a

Answer

Regional rural banks

  1. have limited area of operation
  2. have free access to liberal refinance facilities from NABARD
  3. are required to lend only to weaker sections

Answer
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