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CET 12th Level — Banking & Monetary Policy MCQs

Practice 20 free banking & monetary policy multiple choice questions for CET 12th Level exam. Instant answers with explanations in Hindi and English.

Master Banking & Monetary Policy under Indian Economy for CET 12th Level with our curated MCQ set. Every question follows real Rajasthan exam patterns. Switch between Hindi and English anytime.

CET 12th Level — Indian Economy — Banking & Monetary Policy

20 Questions • Instant results & explanations • Hindi & English

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Question 1 of 20

Which institution operates the 'Rural Infrastructure Development Fund' (RIDF)?

Question 2 of 20

In the context of Payment Banks, what is the significance of the 40% rule?

Question 3 of 20

Which institution has been entrusted with the operation of the Urban Infrastructure Development Fund (UIDF)?

Question 4 of 20

Assertion (A): Public Sector Banks are also known as government banks. Reason (R): The government holds more than 51% stake in these banks.

Question 5 of 20

Which institution acts as the refinancing agency for cooperative banks providing agricultural credit?

Question 6 of 20

What is the current number of Private Sector Banks in India?

Question 7 of 20

Can Non-Banking Financial Companies (NBFCs) issue credit cards?

Question 8 of 20

Currently, how many Local Area Banks (LABs) are active in India?

Question 9 of 20

Consider the following statements regarding Non-Banking Financial Companies (NBFCs): 1. They are registered under the Banking Regulation Act, 1949. 2. They cannot accept demand deposits. 3. They are not required to maintain Cash Reserve Ratio (CRR). Which of the statements given above is/are correct?

Question 10 of 20

Which of the following rates is currently NOT actively used but has not been completely stopped?

Question 11 of 20

Which committee recommended the separation of the post of Chairman and Managing Director (CMD) in Public Sector Banks?

Question 12 of 20

Which of the following bank accounts is primarily designed for business entities and offers no interest on deposits?

Question 13 of 20

The 'Mumbai Inter Bank Offer Rate' (MIBOR) represents:

Question 14 of 20

How many years of experience in the banking sector is required for an entity to apply for a Private Bank license?

Question 15 of 20

In the context of MPC, decisions are primarily made through:

Question 16 of 20

What happens if a loan classified as 'Loss NPA' is not recovered?

Question 17 of 20

Which entity fully owns the Deposit Insurance and Credit Guarantee Corporation (DICGC)?

Question 18 of 20

What defines a 'Doubtful NPA'?

Question 19 of 20

What is the total number of members in the Monetary Policy Committee (MPC)?

Question 20 of 20

In the context of the Reserve Bank of India's monetary policy, what is the 'Penal Rate' primarily associated with?

More Indian Economy Subtopics

Practice other subtopics under Indian Economy to strengthen your CET 12th Level preparation.