Answer-What is CAFRAL?

Q: Answer-What is CAFRAL?

The Centre for Advanced Financial Research and Learning CAFRAL is an independent body set up by the Reserve Bank of India RBI in the backdrop of Indias evolving role in the global economy, in the financial services sector and its position in various international fora, and to develop into a world class global institution for research and learning in banking and finance.

Home
/Questions
/General Awareness
/Economy and Banking and Finance Static Concepts
/What is CAFRAL? ...

Question

What is CAFRAL?

A 1) A government of India initiative for financial literacy Correct Incorrect

B 2) An act passed by parliament for speedy recovery of default loans Correct Incorrect

C 3) A training and development centre of RBI Correct Incorrect

D 4) Financial inclusion initiative of RBI Correct Incorrect

E 5) None of these Correct Incorrect

Detailed Solution

The Centre for Advanced Financial Research and Learning (CAFRAL) is an independent body set up by the Reserve Bank of India (RBI) in the backdrop of India’s evolving role in the global economy, in the financial services sector and its position in various international fora, and to develop into a world class global institution for research and learning in banking and finance.

Practice Next

More Economy and Banking and Finance Static Concepts Questions

In the full form of IBBI, ‘I’ stands for __________
The other name for SWIFT code is
Who regulates ‘Commodities Derivatives Market’ in India?
Which of the following can be a Pre-Paid Instrument (PPI)? i. Smart Card ii. Mobile Wallet iii.Internet accounts
Minimum amount required to start a Small Finance Banks?
In which year the first Bank of India was established?
The Asian Development Bank (ADB) has sanctioned ________ amount of loan facility to carry forward fiscal reforms in West Bengal?
Which of the following is not considered as direct instruments of RBI?
Which of the following Bank also owns a linkage Program called SHG’s.
In the terms of banking, what does 'R' pertain to in GIRO?

Relevant for Exams:

RBI Grade B
RBI Grade B DEPR
RBI Grade B DSIM

Hey! Ask a query

Please enter email id The email must be a valid email address.

Please enter Mobile Number Please enter valid Mobile Number

Please enter your Doubt

Thank You for posting your query. Please check your email for further guidance.

What is CAFRAL?

Detailed Solution

More Economy and Banking and Finance Static Concepts Questions

Relevant for Exams:

Hey! Ask a query

Please Register/Login