Points To Remember For Banking Awareness

1-Rates of Interest on deposits are determined by——— The Bank itself.


2-Foreign exchange Reserves of India are kept in the custody of ——RBI.


3- The Export-Import Bank of India was set up in —— January 1982.


4-The Banking Regulation Act was implemented on—– March 10, 1949.


5-The RBI Act was implemented on ———————–6 March 1934.


6-The minimum capital requirement Payment Banks is Rs —-100 cr


7- The minimum capital requirement Small Banks is Rs —–100 cr


8-How much percentage of the net credits of Small Finance Banks should be in priority sector lending —— 75%


9-How much percentage of the net credits of Commercial Banks should be in priority sector lending——–40%


10-KYC guidelines followed by the banks have been framed on the recommendations of the—–RBI.


11- How many codes are there in SWIFT code—-8 or 11(4—bank code,2-country code,2-location code,3—branch code)


12- Regulator of Capital Market……..SEBI


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