UPSC 2007 › Indian Economy › Banking & Financial Sector

2 questions · 2007 · answers as per the UPSC key

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All years of Banking & Financial Sector · Full UPSC 2007 paper

Basel II relates

to which one of the following?

(a) International standard for safety in civil aviation
(b) Measure against cyber crimes
(c) Measure against drug abuse by sportspersons
(d) International standards for measuring the adequacy of a bank’s capital
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Answer: (d) International standards for measuring the adequacy of a bank’s capital

The National Housing Bank was set up in India as a wholly-owned subsidiary of which one of the following?

(a) State Bank of India
(b) Reserve Bank of India
(c) ICICI Bank
(d) Life Insurance Corporation of India
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Answer: (b) Reserve Bank of India