Class XII

Regional rural banks have limited area of operation have free access to liberal refinance facilities from NABARD are required to lend only to weaker sections
  1. I, III
  2. . II, III
  3. I, II, III
  4. I, II
In India, the first bank of limited liability manages by Indians and founded in 1881 was
  1. Hindustan Commercial Bank
  2. Oudh Commercial Bank
  3. Punjab National Bank
  4. Punjab and Sind Bank
Excise duty is a tax levied on the
  1. import of goods
  2. export of goods
  3. production of goods
  4. sale of goods
In India, which one among the following formulates the fiscal policy?
  1. Planning Commission
  2. Ministry of Finance
  3. Finance Commission
  4. The Reserve Bank of India
The banks are required to maintain a certain ratio between their cash in the hand and totals assets. This is called
  1. Statutory Bank Ratio (SBR)
  2. Statutory Liquid Ratio (SLR)
  3. Central Bank Reserve (CBR)
  4. . Central Liquid Reserve (CLR)
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