UPSC 2019 › Indian Economy › Banking & Financial Sector
4 questions · 2019 · answers as per the UPSC key
UPSC 2019 · Q61 · Indian Economy › Banking & Financial Sector · Save
The Service Area Approach was implemented under the purview of
(a) Integrated Rural Development Programme
(b) Lead Bank Scheme
(c) Mahatma Gandhi National Rural Employment Guarantee Scheme
(d) National Skill Development Mission
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Answer: (b) Lead Bank Scheme
UPSC 2019 · Q64 · Indian Economy › Banking & Financial Sector · Save
Which of the following is not included in the assets of a commercial bank in India?
(a) Advances
(b) Deposits
(c) Investments
(d) Money at call and short notice
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Answer: (b) Deposits
UPSC 2019 · Q72 · Indian Economy › Banking & Financial Sector · Save
What was the purpose of Inter-Creditor Agreement signed by Indian banks and financial institutions recently?
(a) To lessen the Government of India’s perennial burden of fiscal deficit and current account deficit
(b) To support the infrastructure projects of Central and State Governments
(c) To act as independent regulator in case of applications for loans of ₹ 50 crore or more
(d) To aim at faster resolution of stressed assets of ₹ 50 crore or more which are under consortium lending
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Answer: (d) To aim at faster resolution of stressed assets of ₹ 50 crore or more which are under consortium lending
UPSC 2019 · Q73 · Indian Economy › Banking & Financial Sector · Save
The Chairmen of public sector banks are selected by the
(a) Banks Board Bureau
(b) Reserve Bank of India
(c) Union Ministry of Finance
(d) Management of concerned bank
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Answer: (a) Banks Board Bureau