The reserves held by the Commercial Banks over and above the statutory minimum with the RBI are called
A) Cash reserves
B) Deposit reserves
C) Excess reserves
D) Momentary reserves.
Correct Answer:
Verified
Q7: For issuing / printing currency notes, the
Q8: Central Bank is a
A)Commercial Bank
B)Exchange bank
C)Apex bank.
D)Scheduled
Q9: Central Bank is an institution which is
A)Privately
Q10: The methods of credit control used by
Q11: The full form of EMI used in
Q13: Banking in India is controlled by
A)Union Finance
Q14: The objectives of monetary policy is /
Q15: Bank rate is defined as
A)Rate of interest
Q16: The Reserve Bank of India was nationalized
Q17: The Governor of RBI is appointed by
A)Board
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