Deck 1: Banking and Microfinance: Exploring Policies and Practices in India

Question 1

In which year the Regional Rural Banks Act was passed?

A)1986
B)1976
C)1992
D)1988

Answer 1

1976

Question 2

What is the share of Sponsor Banks in the Regional Rural Banks?

A)75%
B)15%
C)40%
D)35%

Answer 2

35%

Question 3

Which of these was the first RRB to be set up in India?

A)Gaur Gramin Bank
B)Pratham Bank
C)Himachal Bank
D)Aruchal Rural Bank

Answer 3

Pratham Bank

Question 4

Which microfinance institution is known as the Universal Bank?

A)Bandhan Financial Services Private Ltd
B)Arohan Financial Services Private Ltd
C)Disha Microfinance Private Ltd
D)SKS Microfinance Private Ltd

Question 5

What option block the poor to get bank loans?

A)Absence of collateral
B)High rates of interest
C)Complexity of procedure
D)None of the above

Question 6

In the self-help group, the loan and saving decisions are taken by

A)Government
B)Non-government organisation
C)Bank
D)Absence of collateral

Question 7

In India, which organizations take care of the agriculture and rural development credits

A)IDBI
B)NABARD
C)ICAR
D)FCI

Question 8

Self Help Group involves

A)Group of 5 to 20 people
B)Regular saving habits
C)Inter-lending within the group members
D)All of above

Question 9

The Financial statement provides accurate and time ……………. Which is useful for all.

A)Financial Information
B)Liabilities.
C)Assets Information
D)Marketing Information

Question 10

Balance sheet is the summary of …………………

A)General Information
B)Financial position
C)profit and loss position
D)loan status

Question 11

Financial statements are the ………….

A)Trading account , Profit and Loss account
B)Balance sheet
C)(a) and (b)
D)Neither (a) nor (b)

Question 12

EPS helps in determining the …………. of the equity share of the MFI

A)market price
B)Earning per share
C)Average price
D)cost price

Question 13

Debt equity ratio ascertains soundness of………. financial position

A)long term
B)Short term
C)Yearly
D)all of above

Question 14

Current Ratio is :

A) Solvency Ratio
B) Liquidity Ratio
C) Activity Ratio
D)Profitability Ratio

Question 15

This P is not a part of the 7Ps of marketing mix?

A) Promotion
B) Price
C)People
D) Purpose

Question 16

Nutritional level of food energy is expressed in the form of

A) calories per day
B) wheat consumption
C) rice consumption per day
D) none of the above

Question 17

The calorie requirement is higher in the rural areas because:

A) they do not enjoy as much as people in the urban
B) food items are expensive.
C) they are engaged in mental work.
D) people are engaged in physical

Question 18

What is 'Bank rate'?

A)The rate at which commercial banks borrow
B)The rate at which commercial banks
C)The rate at which commercial banks.
D)none of the above

Question 19

What is the Cash Reserve Ratio (CRR)?

A)the fraction of the deposits that commercial banks lend
B)the fraction of the deposits that RBI must
C)the fraction of the deposits that
D)none of the above

Question 20

In order to meet the working capital requirement in agriculture, banks issue the card

A)General Credit Card
B)SME Credit Card
C)Swaroj Credit Card
D)Kisan Credit Card

Question 21

The microfinance movement in India has been initiated by

A)SIDBI
B)SBI
C)NABARD
D)RRBs

Question 22

Prudential norms of the banks includes

A)IRAC norms
B)provisioning norms
C)CRAR norms
D)all of the above

Question 23

All the scheduled banks are to extend…………% of the total credit to priority sector

A)18%
B)40%
C)32%
D)12%

Question 24

Education loan granted to indivisual for educational purposes upto rupess…… for

A)7 lakh
B)10 lakh
C)15 lakh
D)20 lakh

Question 25

Housing loan granted to public indivisual upto rupees………….for construction of houses treated as priority sector advances

A)5 lakh
B)10 lakh
C)15 lakh
D)20 lakh

Question 26

In microfinance the demand side constraints is

A)lack of awareness
B)distance from bank branch
C)unsuitable product
D)communication