BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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capital market
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real estate
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commodities
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All of the above
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Detailed explanation-1: -The RBI categorizes three sectors as Sensitive sectors – ‘Capital Market”, “Real Estate” & “Commodities”’.
Detailed explanation-2: -The sensitive category regroups industrials, energy, technology and communication services. The sector is somewhat correlated with the economy and business cycles, but not as strongly as the cyclical super sector. It is sort of in between the cyclical and the defensive.
Detailed explanation-3: -The Reserve Bank regulates and supervises the major part of the financial system. The supervisory role of the Reserve Bank covers commercial banks, Urban Cooperative Banks (UCBs), some FIs and NBFCs.
Detailed explanation-4: -RBI Act, 1934, has how many sections? Ans: RBI Act, 1934 comprises 61 sections and four schedules.