Banking and Economy

1.The currency, Euro, has been introduced w.e.f.

01.01.1999 01.01.2000 01.08.2001 01.03.2002

2.RBI absorbs liquidity in the system through

Repo Reverse Repo Both A and B All of the above

3.Regional Rural Banks (RRBs) are regulated by

NABARD Reserve Bank of India Sponsoring Bank

Board of respective RRBs

4.The services under the Consumer Protection include

Banking, Financing and Insurance 

Transport and Processing 

Supply of electrical and other energy

All of the above

5.Under provisions of which one of the following Acts, the RBI issues directives to the Banks in India?

RBI Act Banking Regulation Act Essential Commodities Act Both A and B above