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The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

  • Statutory Liquid Ratio
  • Cash Reserve Ratio
  • Liquid Ratio
  • Statutory Ratio

Answer: Option A

Similar Questions :

1. Reserve bank of India was established on

  • 1st April, 1935
  • 1st April, 1936
  • 1st April, 1937
  • 1st April, 1938

Answer: Option A

Explanation:

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

2. Who fixes the poverty line ?

  • Governement
  • Lok sabha
  • Rajya sabha
  • Planning Commision

Answer: Option D

3. In India paper currency started in ?

  • 1860
  • 1861
  • 1862
  • 1863

Answer: Option B

4. Sales Tax is

  • Direct Tax
  • Indirect Tax
  • Tax imposed by central government
  • Tax imposed by state government

Answer: Option B

Explanation:

Direct Taxes are : Income Tax, Property Tax, Gift Tax etc.

Indirect Taxes are : Sales Tax, Excise Tax, Custom Duty etc.

5. "The Future of India" book is written by

  • Amritya Sen
  • Bimal Jalan
  • Abhishek Nayar
  • Chetan Bhagat

Answer: Option B

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