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Practice Banking System in India Questions and Answers

What is the authorized share capital that the National Payments Corporation of India (NPCI) has fixed?
What is the minimum limit for investment in the Sovereign Gold Bond Scheme?
What is the limit on the amount of money for trade related transactions under RDA?
Which electronic platform is used for facilitating T-bills auctions?
Among the options below, deposits in which one is not insured by the DICGC?
Which of the following is a short-term debt that converts into equity, often used by seed investors investing in startups?
What is the ratio of money held by the public in currency to that held as deposits in commercial banks called?
What is the full form of MPC that is entrusted with the task of fixing the benchmark policy rate?
What does "F" stand for in RDIF?
Which of the following publishes the World Investment Report?
The Reserve Bank of India advised banks to make the Know Your Customer (KYC) procedures mandatory while opening and operating the accounts. Under section 3...
What is the FDI limit for payment banks?
What does 'M' stand for in AMFI?
Who can issue Rupee Denominated Bonds Overseas?
A Micro or Small Enterprise may be said to have become Sick, if any of the borrowal account of the enterprise remains NPA for ________ months or more.
When was the Securities and Exchange Board of India enacted?
What is a 'balloon payment'?
What does the seventh and eighth character in the Swift Code represent?
Swift Code is a standard format of Bank Identifier Codes (BI3) and it is unique identification code for a particular bank. These codes are used when transf...
Under the regulation of which act can scheduled commercial bank take equity stake in a payments bank to the extent permitted?
How many digits are there in MMID issued by the bank upon registration?
What is the name of the banking service which is provided by a group of networked bank branches where customers may access their bank account and perform b...
Which of the following term is not related to the banking industry?
The REER is used to measure the value of a specific currency in relation to an average group of major currencies. What does REER stand for?
What are Scheduled Banks?
Under which act are hawala transactions prohibited in India?
When was the Security Printing and Minting Corporation of India Limited established?
When was the first RRB set up?
With which of the following is the 'Service Area Approach' associated with?
When was the Oriental Bank of Commerce nationalized?
Which of the following is NOT a use of ATM cards?
What are the different modes of paying stamp duty in the e-Stamping system?
What does CGRA expand to?
In which year, CIBIL Limited (formerly Credit Information Bureau (India) Limited) was incorporated?
In which year National Institute of Bank Management (NIBM) was established?
What does BRBNMPL expand for?
Which of the following section of the RBI Act empowers the Central Government to consult and give instructions to the Governor of the RBI to act on certain...
How many times one can withdraw money free of charge in Basic Savings Bank Deposit Account (BSBDA)?
How much cash payment can be made to the beneficiary in India under MTSS?
Which account is opened by the investor while registering with an investment broker?

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