UPSC 2024 › Indian Economy › Banking & Financial Sector
3 questions · 2024 · answers as per the UPSC key
UPSC 2024 · Q42 · Indian Economy › Banking & Financial Sector · Save
Consider the following statements : 1. window of the Reserve Bank of India. 2. 3.
Which of the statements given above is/are correct ?
(a) 1 and 2 only
(b) 3 only
(c) 1, 2 and 3
(d) 2 and 3 only
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Answer: (c) 1, 2 and 3
UPSC 2024 · Q49 · Indian Economy › Banking & Financial Sector · Save
With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements :
- There is no minimum capital requirement for wholly owned banking subsidiaries in India.
- For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals.
Which of the statements given above is/are correct ?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
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Answer: (d) Neither 1 nor 2
UPSC 2024 · Q52 · Indian Economy › Banking & Financial Sector · Save
Consider the following statements :
Statement-I : Syndicated lending spreads the risk of borrower default across multiple lenders.
Statement-II : The syndicated loan can be a fixed amount/lump sum of funds, but cannot be a credit line.
Which one of the following is correct in respect of the above statements ?
(a) Both Statement-I and Statement-II are correct and Statement-II explains Statement-I
(b) Both Statement-I and Statement-II are correct, but Statement-II does not explain Statement-I
(c) Statement-I is correct, but Statement-II is incorrect
(d) Statement-I is incorrect, but Statement-II is correct
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Answer: No single answer
Note: Cancelled by UPSC — marks awarded to all candidates