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A person staying in a small village havi...

A person staying in a small village having population of about 50,000. If he/she decides to take a loan of Rs. 25,000, most probably he/she has to visit a bank in his/her village which will be certainly
A. Rural Bank
B. A Nationalised Bank
C. Foreign Bank

A

Only A

B

Only B

C

Either A or B

D

Only C

Text Solution

Verified by Experts

The correct Answer is:
C
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IBPS & SBI PREVIOUS YEAR PAPER-BANKING SYSTEM IN INDIA & WORLD-MCQs
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  2. Which of the following is a private Bank functioning in India?

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  3. A person staying in a small village having population of about 50,000....

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  4. Which of the following is not a Public Sector Bank?

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  5. The term 'Smart Money'' refers to.

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  6. Which of the following organization is made specifically responsible f...

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  7. Which of the following institutions is regarded as the 'Lender of the ...

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  8. According to the Reserve Bank of India which of the following contribu...

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  9. The Government of India, has acquired RBI's stake in one of the major ...

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  10. Banks in India are regulated under

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  11. Which bank is the banker to the Central Government?

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  12. A nationalised bank is also called by which of the following names

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  13. The Banking Ombudsman

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  14. Asian Development Bank (ADB) has agreed to give a loan of US $ 500 mil...

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  15. To improve access of the poor to banking, RBI has advised banks to ope...

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  16. Which of the following institutions is regarded as the 'Lender of the ...

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  17. The ownership of Public sector banks rests

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  18. Which of the following is not classified as a commercial bank?

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  19. NABARD is responsible for regulating and supervising the functions of

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  20. Which of the following is the name of a private sector Bank in India?

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