Banking Awareness

1.Rural Infrastructure Development fund (RIDF) is financed by

Selected group of public Sector Banks Ministry of Rural Development Reserve Bank of India NABARD

2."Ways and Means" advances are provided by Reserve Bank of India only to

Central Government State Government Both A and B None of these

3.The bank conducts Government business as an agent of

Union and state Government Reserve Bank of India State Bank of India Both A and B

4.Many times we see in newspapers that some projects are launched by the government authorities on 'PPP' basis. What is the full form of PPP?

Preferential Payment Plan Public-Private Partnership Partial Payment Project Popular Private Project

5.The government of India recently decided to allow Currency Futures in India. In addition to Ministry of Finance, which is/are the other organisation(s) whose permission/approval is needed for such operations in India?

1. International Monetary Fund (IMF)

2. Reserve Bank of India (RBI)

3. Securities and Exchange Board of India (SEBI)

Only 1 Only 2 Only 3 Only 2 and 3