Question
Under Section 45 of the RBI Act, 1934, which of the
following may the Bank appoint as its agent at any place in India, unless otherwise directed by the Central Government?Solution
Section 45 empowers the Bank, having regard to public interest, convenience of banking and banking development, to appoint the National Bank, the State Bank, a corresponding new bank constituted under the 1970 or 1980 Acquisition Acts, or any subsidiary bank, as its agent at any place in India for such purposes as the Bank may specify. Such an agent may receive payments and securities required to be made into the Bank. The eligible agents are therefore the National Bank, the State Bank or a corresponding new bank.
- In the given question, five alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the mea...
In each of the following questions, a sentence is given with an idiom/phrase in bold. Choose the option that best expresses the meaning of the idiom. <...
Select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute, select no improvement
"The politician tried to pass the buck when questioned about the scandal."
- Select the most appropriate meaning of the bold idiom in the following sentence.
When the customer demanded a refund, the receptionist was caught b... Fill in the blank given below using the correct idiom.
Despite the warnings, the explorers decided to venture deep into the jungle, completely _...Select the most appropriate meaning of the bold idiom in the given sentence.
The lecture by the French professor seemed Latin and Greek to the ...
Lack of civic-mindedness or of patriotism
Select the most appropriate meaning of the given idiom.
Bang for the buck
Put a sock in it
I. We have to put a sock in it; only then will we be able to improve our speaking skills.
II. With enough bytes already s...
