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Economic Organisations and Regulatory Bodies in India

1.

When did the National Bank of Agriculture and Rural Development establish?

Answer: A

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Answer: B

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Answer: B

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4.

An instrument representing ownership interest in securities of a foreign issuer is referred to as

Answer: B

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5.

Consider the following statement regarding India millennium deposit:

1. It was started by SBI (State Bank of India).

2. This plan is only for non residents

3. It’s maturity period is 6 years Choose correct options.

Answer: A

The Indian millennium deposit scheme, operated by SBI got under way on Oct.21. Indian millennium deposit represent foreign currency deposit in India and are denominated in US dollar, Pound sterling and Euro. This plan is only for non resident plan.

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6.

. __________ policy refers to policy measure taken by RBI to control & regulate money supply

Answer: B

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7.

RBI pays interest on CRR balances of banks at _____.

Answer: D

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Answer: A

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10.

Depositary receipts that are traded in an international market other than the United States are referred to as

Answer: A

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