explain in details

21. Which one is the banker's bank? [a]RBI [b] Federal bank [c] Union bank [d] Bank of India. 22. Which one is the custodian of foreign balances of country? [a]RBI [b] Federal bank [c] Union bank [d] Bank of India. 23. Which one is the controller of credit? [a]RBI [b] Federal bank [c] Union bank [d] Bank of India. 24. IFCI was established in the year........... [a]1948 [b] 1956 [c] 1935 [d] 1934. 25. Money market is a part of [a]capital market [b] RBI [c] SBT [d] financial market. 26. Money market is a market for--- -fund [a]short term fund [b] long term fund [c] secular fund [d] mid term fund. 27. CDs was introduced in: [a]1989 [b] 1982 [c] 1985 [d] 1990 28. Commercial papers were introduced in: [a]1989 [b] 1982 [c] 1985 [d] 1990 29. Treasury bills are issued by [a]RBI [b] IMP [c] IBRD [d] IFCI. 30. Treasury bills are available for minimum amount of Rs. [a ]20000 [b] 25000 [c] 10000 [d] 30000. 31. The government of India passed the SFC Act in [a]1951 [b] 1960 [c] 1945 [d] 1950. 32. Maturity period of CDs ranges from [a]above 1 year [b] 3 months to 1 year [c] 5 month [d] 1 month. 33. MMMFs was introduced by [a]RBI [b] commercial bank [c] ADB [d] IDBI. 34. MMMFs was introduced in [a]1990 [b] 1991 [c] 1992 [d] 1993 35. The goal of MMMFs was to provide short term avenue to: [a]farmers [b] businessmen [c] investors [d] unemployed 36. DFHI was set up in [a]1988 [b] 1982 [c] 1956 [d] 1948. 37. REPO rate was introduced in [a]1990 [b] 1992 [c] 1982 [d] 1980. 38. On 29th September 2015 repo rate is [a]6.75 [b] 6.25 [c] 6 [d] 6.5 39. Reverse repo is introduced in [a]January 1996 [b] April1996 [c] November 1996 [d] December 1996. 40. On 29th September 2015 reverse repo rate is [a] 5.75 [b] 6.25 [c] 5 [d] 6.5B.A. Economics Modern Banking & Insurance Ill Semester - Core Course 1. The first chartered bank was established at--- [a] Japan [b] Philadelphia [c] India [d] France. 2. The first chartered bank was established in the year - [a] 1781 [b] 1775 [c] 1870 [d] 1881. 3. Bank is an institution which deals with [a] money [b] treatment [c] education [d] communication. 4. The word meaning of Banco is --- [a] heap [b] gold [c] deposit [d] loan. 5. India's first bank was [a] bank of Hindustan [b] bank of Hind [c]BOI [d bank of Delhi. 6. Bank of Hindustan was established at - [a] Bombay [b] Chennai [c] Kolkatta [d] Bengal. 7. General Bank of India was established in [a]1771 [b] 1775 [c] 1786 [d] 1780. 8. Upper bank of India was established in - [a]1860 [b] 1870 [c] 1863 [d] 1865. 9. Second phase of Indian banks were nationalized in [a]1960 [b] 1969 [c] 1970 [d] 1869. 10. The third phase of development banking in India started in early [a]1980 [b] 1990 [c] 1960 [d] 1965. 11. The apex institution in the financial system of a country is [a] central bank [b] state bank [c]national bank [d] federal bank. 12. Industrial bank also known as [a] Investment bank [b]state bank [c] commercial bank [d] unit bank. 13. Find out odd one in the group: [a] IDBI [b] RBI [c] SFC [d] IFCI. 14. NABARD was established in the year: [a]1981 [b]1982 [c]1983 [d] 1984. 15. SIDBI was established in the year: [a]1990 [b]1995 [c]1985 [d] 1969. 16. RRBs are coming under [a]Private sector [b]Public sector [c] Co-operative sector [d] Domestic sector. 17. Initially central bank was established at [a]Mumbai [b] Chennai [c] New Delhi [d] Calcutta. 18. The central office of RBI is at -- [a]Mumbai [b] Chennai [c] New Delhi [d] Calcutta. 19. Central bank was nationalised in: [a]1949 [b] 1934 [c] 1935 [d] 1940. 20. RBI was established in the year-- [a]1935 [b] 1949 [c] 1934 [d] 1940