BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Mumbai
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Nagpur
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Pune
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Kolkata
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Detailed explanation-1: -Reserve Bank of India maintains the Principal Accounts of Central as well as State Governments at its Central Accounts Section, Nagpur.
Detailed explanation-2: -The Reserve Bank manages public debt on behalf of the Central and the State Governments. It involves issue of new rupee loans, payment of interest and repayment of these loans and other operational matters such as debt certificates and their registration.
Detailed explanation-3: -Maintains internal accounts of the Bank including preparation of weekly statement of affairs of the Bank and the annual profit and loss account/ balance sheet of the Bank as per the provisions of RBI Act and the RBI General Regulations, and. ii. Supervises and controls Deposit Accounts Departments of the Bank.