BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For which of the following banks, did RBI introduce the scheme RS.protected disclosure’?
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Private Banks
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Co-operative Banks
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Foreign Banks
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A and C
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Explanation:
Detailed explanation-1: -(iii) Pursuant to the above recommendations, the Lead Bank Scheme was introduced by the Reserve Bank of India in December 1969.
Detailed explanation-2: -1.3 As a proactive measure for strengthening financial stability and with a view to enhancing public confidence in the robustness of the financial sector, RBI has formulated a scheme called “Protected Disclosures Scheme for Private Sector and Foreign Banks". As per SEBI circular No.
Detailed explanation-3: -The correct answer is RBI Retail Direct Scheme. RBI Retail Direct Scheme has been launched by the Reserve Bank of India for retail investors, through which they can directly buy and sell government securities (G-Secs), both primary and secondary.
There is 1 question to complete.