Dear Friends,
We are posting prelims marathon MCQs for today. In this initiative, you can attempt 10 subjective MCQs on a daily basis. For schedule, refer to the archive link given below.
| For Prelims marathon archive – click here |
Start Quiz
Marking Pattern
Correct Answer : 2
Wrong Answer : -0.66
Your Score Card
Total Number of Questions : 10
Total Not Attempted Questions : 0
Total Correct : 5
Total Wrong : 5
You have scored
6.70 / 20
Union Territories of Lakshadweep and Dadra and Nagar Haveli do not have Co-operative Banks.
* AIFIs witnessed a sharp decline in recent years. At this juncture the government decided to convert them into Development Banks (suggested by the Narasimhan Committee-I) to be known as the All India Development Banks (AIDBs).
* “Local Area Banks (LABs)”:
NRI contributions are permitted in equity of Local Area Banks.
A family group can promote equity holding in Local Area Banks up to 40%.
*Small Finance Banks was recommended by the Nachiket Mor committee on financial inclusion.
*RBI allowed RRBs to access the liquidity adjustment facility (LAF), marginal standing facility (MSF) and call or notice money market. At present, RRBs are not permitted to access the liquidity windows of the RBI as well as the call or notice market.
(Allowed but not permitted, what does it mean ? )
TIME LEFT :01:29
Your Score Card
Total Number of Questions : 10
Total Not Attempted Questions : 2
Total Correct : 5
Total Wrong : 3
You have scored
8.02 / 20
7/10
7/10
-Small banks and Payment banks are Differentiated(Niche) banks setup on Nachiket Mor’s recommendation
Total Number of Questions : 10
Total Not Attempted Questions : 2
Total Correct : 6
Total Wrong : 2
You have scored
10.68 / 20