Economic Terms-Questions asked in Bank P O Exams
1- The RBI Governor reviews the Annual Monetary and credit policy every time after a gap of ———months?
three
2- Reserve Bank of India keeps changing the ratio which regulates the minimum reserve each bank must hold to customer’s deposits. What this ratio called?
Cash Reserve Ratio
3- Which bank has the punchline”Much more to do with YOU in focus”?
Andhra Bank
4- A new field of banking system made up of large-scale banks that operate extensive networks of branches and provide different services. This new termed emerged in the banking field is —————?
Universal Banking
5- Providing credit and other financial services and products of very small amount to the poors in rural / semi-urban area is callled as …………..?
Micro Finance
6- What are Basel Norms?
Norms specially designed to control various risk factors in bank operations
