Which movement encourage the formation of commercial banks

Related MCQs

• Which of the following is true about the restrictions on RBI? (i) It is not to compete with the commercial banks. (ii) It is not allowed to pay interest on its deposits. (iii) It cannot engage directly or indirectly in trade. (iv) It cannot acquire or advice loans against immovable property. (v) It is prohibited from purchasing its own shares or the shares of any other bank or any company or granting loans on such security.
• Credit creation power of the commercial banks gets limited by which of the following?
• The reserves held by the Commercial Banks over and above the statutory minimum with the RBI are called
• What would be the impact on cash reserves of the commercial banks if RBI conducts the sale of securities?
• The commercial banks were required to keep some percentages of their time deposits and their demand deposits with the RBI in the form of reserves is known as
• The recent conversion of Financial Institutions into Commercial Banks or Non-Banking Finance Companies (NBFCs) under the regulatory aspect of RBI was suggested by
• Commercial banks create
• The commercial banks in India are governed by
• Which of the following is true about the objectives of RBI trying to achieve- (i) Price Stability (ii) Reduce deficit (iii) Encourage export (iv) Growth
• In July 1969, 14 major Indian scheduled banks were nationalised and 6 more banks were nationalised in