106. Before opening a new branch of a bank, banks are required to take mandatory permission/license from..........

1. 1. Reserve Bank of India

   
   
   

   2. Indian Bank Association

   
   
   

   3. Securities and Exchange Board of India

   
   
   

   4. State Government

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

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107. Which amongst the following organisations make major credit policies for the Regional Rural Banks (RRBs) ?

1. 1. NABARD

   
   
   

   2. Asian Development Bank

   
   
   

   3. World Bank

   
   
   

   4. State Bank of India

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: A

   N/A

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108. Various banks in the country have installed machines which disburse money to general public. The machines are called

1. 1. Coin Dispensing Machines

   
   
   

   2. ATMs

   
   
   

   3. Debit Card Machines

   
   
   

   4. Ledger-Machines

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: B

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109. Which among the following is an asset for a Commercial Bank?

1. 1. Credit to farmers

   
   
   

   2. Deposit of public

   
   
   

   3. Borrowing from RBI

   
   
   

   4. Demand deposits of Industries

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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110. When was the NABARD formed?

1. 1. 1952

   
   
   

   2. 1962

   
   
   

   3. 1982

   
   
   

   4. 1992

   
   
   

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1. View Hint View Answer Discuss in Forum

   N/A

   Correct Option: C

   N/A

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