a2zinterviews

21.	A scheduled commercial bank should have capital and reserves over
	A.  5 lakh
	B.  8 lakh
	C.  10 lakh
	D.  2 lakh

Answer

Ans: A 5 Lakh

22.	In 1921, the Presidency Banks of Bengal, Chennai and Mumbai were nationalised to give birth to
	A.  Syndicate Bank
	B.  State Bank of India
	C.  Punjab and Sind Bank
	D.  Punjab National Bank

Answer

Ans: B State Bank of India

23.	The Foreign Exchange Reserves of India are Kept in the custody of
	A.  IMF
	B.  Reserve Bank of India
	C.  Prime Minister Rahat Kosh
	D.  World Bank

Answer

Ans: B Reserve Bank of India

24.	Open Market Operations of Reserve Bank of India refer to
	A.  Transaction in Gold
	B.  Trading in securities
	C.  Auctioning of Foreign Exchange
	D.  None of these

Answer

Ans: B Trading in securities