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21.	The lowering of Bank Rate by the Reserve Bank of India leads to
	A.  More liquidity in the market
	B.  Less liquidity in the market
	C.  No change in the liquidity in the market
	D.  Mobilization of more deposits by commercial banks

Answer

Ans: A More liquidity in the market

22.	Bank deposits that can be withdrawn without notice are called
	A.  Account payee deposits
	B.  Fixed deposits
	C.  Variable deposits
	D.  Demand deposits

Answer

Ans: D Demand deposits

23.	Know Your Customer (KYC) regulations have been introduced in financial transactions under the regulation of
	A.  Banking Companies Act
	B.  Companies Act
	C.  Prevention of money Laundering Act
	D.  Reserve Bank of India Act

Answer

Ans: C Prevention of money Laundering Act

24.	Which of the following is NOT the part of the scheduled banking structure in India?
	A.  Private Sector Banks
	B.  Public Sector Banks
	C.  Moneylenders
	D.  Regional Rural Banks

Answer

Ans: C Moneylenders