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Your results are here!! for" RULAR BANKING MODULE B QUIZ 1 "
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Question 1 of 20
1. Question
Which institution is India‘s apex development financial institution for agriculture and rural development?
Correct
NABARD is the apex development financial institution for agriculture and rural development. It supports rural credit planning, refinance, development initiatives, supervision of specified rural financial institutions and rural infrastructure financing.
Incorrect
NABARD is the apex development financial institution for agriculture and rural development. It supports rural credit planning, refinance, development initiatives, supervision of specified rural financial institutions and rural infrastructure financing.
Unattempted
NABARD is the apex development financial institution for agriculture and rural development. It supports rural credit planning, refinance, development initiatives, supervision of specified rural financial institutions and rural infrastructure financing.
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Question 2 of 20
2. Question
Which statement best describes the RBI‘s role in rural banking?
Correct
RBI regulates and supervises banks, frames applicable banking and priority-sector policies, and promotes financial stability and inclusion. It does not normally provide retail crop loans directly to individual farmers.
Incorrect
RBI regulates and supervises banks, frames applicable banking and priority-sector policies, and promotes financial stability and inclusion. It does not normally provide retail crop loans directly to individual farmers.
Unattempted
RBI regulates and supervises banks, frames applicable banking and priority-sector policies, and promotes financial stability and inclusion. It does not normally provide retail crop loans directly to individual farmers.
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Question 3 of 20
3. Question
What is a key purpose of the Lead Bank Scheme?
Correct
The Lead Bank Scheme assigns a lead bank responsibility for coordinating banking development and credit planning in a district, working with banks, government departments and other stakeholders.
Incorrect
The Lead Bank Scheme assigns a lead bank responsibility for coordinating banking development and credit planning in a district, working with banks, government departments and other stakeholders.
Unattempted
The Lead Bank Scheme assigns a lead bank responsibility for coordinating banking development and credit planning in a district, working with banks, government departments and other stakeholders.
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Question 4 of 20
4. Question
Which committee is generally associated with coordination of banking and development activities at district level under the Lead Bank Scheme?
Correct
The District Consultative Committee (DCC) is a district-level forum for coordination among banks and government/development agencies. State-level coordination is undertaken through the State Level Bankers‘ Committee (SLBC).
Incorrect
The District Consultative Committee (DCC) is a district-level forum for coordination among banks and government/development agencies. State-level coordination is undertaken through the State Level Bankers‘ Committee (SLBC).
Unattempted
The District Consultative Committee (DCC) is a district-level forum for coordination among banks and government/development agencies. State-level coordination is undertaken through the State Level Bankers‘ Committee (SLBC).
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Question 5 of 20
5. Question
What is the principal function of the State Level Bankers‘ Committee (SLBC)?
Correct
The SLBC provides a state-level coordination forum for banks, government departments and other stakeholders on banking development, credit deployment and financial inclusion issues.
Incorrect
The SLBC provides a state-level coordination forum for banks, government departments and other stakeholders on banking development, credit deployment and financial inclusion issues.
Unattempted
The SLBC provides a state-level coordination forum for banks, government departments and other stakeholders on banking development, credit deployment and financial inclusion issues.
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Question 6 of 20
6. Question
Which institution was established in 1982 as the apex institution for agriculture and rural development finance?
Correct
NABARD was established on 12 July 1982 following the recommendations of the CRAFICARD committee. It took over important agriculture-credit functions previously handled by RBI‘s agricultural credit department and ARDC.
Incorrect
NABARD was established on 12 July 1982 following the recommendations of the CRAFICARD committee. It took over important agriculture-credit functions previously handled by RBI‘s agricultural credit department and ARDC.
Unattempted
NABARD was established on 12 July 1982 following the recommendations of the CRAFICARD committee. It took over important agriculture-credit functions previously handled by RBI‘s agricultural credit department and ARDC.
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Question 7 of 20
7. Question
Which of the following is a major function of NABARD?
Correct
NABARD provides refinance support to eligible institutions for agriculture and rural development, undertakes development and capacity-building activities, and supports rural infrastructure through designated funds and programmes.
Incorrect
NABARD provides refinance support to eligible institutions for agriculture and rural development, undertakes development and capacity-building activities, and supports rural infrastructure through designated funds and programmes.
Unattempted
NABARD provides refinance support to eligible institutions for agriculture and rural development, undertakes development and capacity-building activities, and supports rural infrastructure through designated funds and programmes.
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Question 8 of 20
8. Question
In rural finance, refinance generally means what?
Correct
Refinance is funding provided by a refinancing institution to an eligible lending institution against qualifying lending or purposes. It supports the lender‘s resources; it is not automatically a direct loan to the ultimate borrower.
Incorrect
Refinance is funding provided by a refinancing institution to an eligible lending institution against qualifying lending or purposes. It supports the lender‘s resources; it is not automatically a direct loan to the ultimate borrower.
Unattempted
Refinance is funding provided by a refinancing institution to an eligible lending institution against qualifying lending or purposes. It supports the lender‘s resources; it is not automatically a direct loan to the ultimate borrower.
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Question 9 of 20
9. Question
Which institution is primarily responsible for monetary policy in India?
Correct
The Reserve Bank of India is India‘s central bank and conducts monetary policy under the statutory framework. NABARD has a specialised rural development finance mandate rather than responsibility for setting the policy rate.
Incorrect
The Reserve Bank of India is India‘s central bank and conducts monetary policy under the statutory framework. NABARD has a specialised rural development finance mandate rather than responsibility for setting the policy rate.
Unattempted
The Reserve Bank of India is India‘s central bank and conducts monetary policy under the statutory framework. NABARD has a specialised rural development finance mandate rather than responsibility for setting the policy rate.
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Question 10 of 20
10. Question
Which of the following best describes the overall rural financial institutional structure?
Correct
Rural finance is delivered through several channels, including commercial banks, Regional Rural Banks, cooperative credit institutions, small finance banks and other regulated entities, with NABARD and RBI playing distinct roles.
Incorrect
Rural finance is delivered through several channels, including commercial banks, Regional Rural Banks, cooperative credit institutions, small finance banks and other regulated entities, with NABARD and RBI playing distinct roles.
Unattempted
Rural finance is delivered through several channels, including commercial banks, Regional Rural Banks, cooperative credit institutions, small finance banks and other regulated entities, with NABARD and RBI playing distinct roles.
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Question 11 of 20
11. Question
What is the primary purpose of the Lead Bank‘s district credit plan?
Correct
A district credit plan estimates and coordinates credit potential and planned lending across sectors and institutions, aligning banking activity with local development priorities. It is a planning and coordination tool, not a guarantee of sanction.
Incorrect
A district credit plan estimates and coordinates credit potential and planned lending across sectors and institutions, aligning banking activity with local development priorities. It is a planning and coordination tool, not a guarantee of sanction.
Unattempted
A district credit plan estimates and coordinates credit potential and planned lending across sectors and institutions, aligning banking activity with local development priorities. It is a planning and coordination tool, not a guarantee of sanction.
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Question 12 of 20
12. Question
Which statement about NABARD‘s supervisory role is most accurate?
Correct
NABARD has statutory supervisory and inspection functions for specified cooperative banks and Regional Rural Banks, within the applicable legal framework. RBI retains its broader regulatory role over banks.
Incorrect
NABARD has statutory supervisory and inspection functions for specified cooperative banks and Regional Rural Banks, within the applicable legal framework. RBI retains its broader regulatory role over banks.
Unattempted
NABARD has statutory supervisory and inspection functions for specified cooperative banks and Regional Rural Banks, within the applicable legal framework. RBI retains its broader regulatory role over banks.
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Question 13 of 20
13. Question
Which of the following is NOT ordinarily a core function of NABARD?
Correct
NABARD‘s mandate centres on rural development finance, refinance, development support and specified supervision. Currency issue is a core function of RBI, not NABARD.
Incorrect
NABARD‘s mandate centres on rural development finance, refinance, development support and specified supervision. Currency issue is a core function of RBI, not NABARD.
Unattempted
NABARD‘s mandate centres on rural development finance, refinance, development support and specified supervision. Currency issue is a core function of RBI, not NABARD.
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Question 14 of 20
14. Question
Why is coordination between banks and government agencies important under the Lead Bank Scheme?
Correct
Coordination helps identify local credit gaps, link borrowers to schemes and infrastructure, resolve implementation bottlenecks and monitor district credit plans. It does not remove the lender‘s duty to assess each loan.
Incorrect
Coordination helps identify local credit gaps, link borrowers to schemes and infrastructure, resolve implementation bottlenecks and monitor district credit plans. It does not remove the lender‘s duty to assess each loan.
Unattempted
Coordination helps identify local credit gaps, link borrowers to schemes and infrastructure, resolve implementation bottlenecks and monitor district credit plans. It does not remove the lender‘s duty to assess each loan.
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Question 15 of 20
15. Question
What is the most appropriate distinction between RBI and NABARD?
Correct
RBI is India‘s central bank and banking regulator with monetary-policy responsibilities. NABARD is a specialised development financial institution focused on agriculture and rural development, including refinance and development functions.
Incorrect
RBI is India‘s central bank and banking regulator with monetary-policy responsibilities. NABARD is a specialised development financial institution focused on agriculture and rural development, including refinance and development functions.
Unattempted
RBI is India‘s central bank and banking regulator with monetary-policy responsibilities. NABARD is a specialised development financial institution focused on agriculture and rural development, including refinance and development functions.
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Question 16 of 20
16. Question
Which institution is most directly linked to refinancing eligible short- and long-term rural credit?
Correct
NABARD provides refinance support to eligible institutions for specified agricultural and rural development purposes under prevailing schemes and terms. The eligible lender then finances the borrower.
Incorrect
NABARD provides refinance support to eligible institutions for specified agricultural and rural development purposes under prevailing schemes and terms. The eligible lender then finances the borrower.
Unattempted
NABARD provides refinance support to eligible institutions for specified agricultural and rural development purposes under prevailing schemes and terms. The eligible lender then finances the borrower.
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Question 17 of 20
17. Question
What is the main role of a District Consultative Committee in banking?
Correct
The DCC provides a forum to review district-level banking performance and coordinate with local administration and development agencies. It can discuss credit, inclusion and implementation issues without replacing individual banks‘ lending decisions.
Incorrect
The DCC provides a forum to review district-level banking performance and coordinate with local administration and development agencies. It can discuss credit, inclusion and implementation issues without replacing individual banks‘ lending decisions.
Unattempted
The DCC provides a forum to review district-level banking performance and coordinate with local administration and development agencies. It can discuss credit, inclusion and implementation issues without replacing individual banks‘ lending decisions.
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Question 18 of 20
18. Question
Why are rural financial institutions important for inclusive growth?
Correct
Rural financial institutions mobilise savings and provide suitable credit, payments, insurance and other services. Access to these services can support livelihoods and resilience, though inclusion also depends on affordability, suitability and consumer protection.
Incorrect
Rural financial institutions mobilise savings and provide suitable credit, payments, insurance and other services. Access to these services can support livelihoods and resilience, though inclusion also depends on affordability, suitability and consumer protection.
Unattempted
Rural financial institutions mobilise savings and provide suitable credit, payments, insurance and other services. Access to these services can support livelihoods and resilience, though inclusion also depends on affordability, suitability and consumer protection.
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Question 19 of 20
19. Question
Which of the following is a likely objective of rural credit planning?
Correct
Rural credit planning identifies sector-wise and area-wise credit potential and helps banks coordinate lending with local economic opportunities and development priorities.
Incorrect
Rural credit planning identifies sector-wise and area-wise credit potential and helps banks coordinate lending with local economic opportunities and development priorities.
Unattempted
Rural credit planning identifies sector-wise and area-wise credit potential and helps banks coordinate lending with local economic opportunities and development priorities.
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Question 20 of 20
20. Question
A bank district coordinator convenes banks and officials to discuss low credit flow to dairy units. Which framework does this most closely reflect?
Correct
The Lead Bank Scheme promotes district-level coordination among banks and development agencies. A discussion on credit gaps in dairy is consistent with its planning and coordination role.
Incorrect
The Lead Bank Scheme promotes district-level coordination among banks and development agencies. A discussion on credit gaps in dairy is consistent with its planning and coordination role.
Unattempted
The Lead Bank Scheme promotes district-level coordination among banks and development agencies. A discussion on credit gaps in dairy is consistent with its planning and coordination role.