As per RBI statement, the proposed Universal Bank shall have a minimum net worth of at lla times.

Related MCQs

• Now a bank can enter in the field of insurance sector. To enter in the field of insurance the minimum net worth of a bank should be
• Consider these Statement I – Other than Rs. 1000 note, the security threads of the banknotes contain the word ‗Bharat‘ in Devanagari script and ‗RBI‘ alternatively. Statement II – In Rs. 1000 note, the security contains the word ‗Bharat‘ in Devanagari ‗1000‘, and ‗RBI‖.
• Consider these statements:- Statement I – RBI decides volume and value of banknotes to be Statement II – RBI decides volume and value coins to be minted.
• In terms of Reserve Bank of India (RBI) guidelines, Banks in India must pay a minimum interest on the balances held in Saving bank account at ?
• The proposed Universal Banks shall be governed by                
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• Reserve Bank of India (RBI) has asked banks to provide loans up to Rs. 3 lakh to Women Self- Help Group (SHG) at a discounted rate of                 per annum.
• Many times we read in newspapers that the RBI has revised certain rates/ ratios under LAF. What is the full form of LAF?
• Consider these statements:- Statement I – One rupee note is the liability of GOI. Statement II – Two rupee note is the liability of RBI.
• A depositor can deposit his funds  any number of times he likes and can also withdraw the same any number of times he wishes