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The banks are required to maintain a certain ratio between their cash in hand and total assets. This is called ?

  • Statutory Liquid Ratio
  • Cash Reserve Ratio
  • Liquid Ratio
  • Statutory Ratio

Answer: Option A

Similar Questions :

1. Life Insurance Corporation (LIC) of India was established in ?

  • 1955
  • 1956
  • 1957
  • 1958

Answer: Option B

Explanation:

Life Insurance Corporation (LIC) of India was established in September 1956.

2. Which is the most important source of income for Government of India ?

  • Interest
  • Licence fee
  • Income tax
  • Excise duty

Answer: Option D

3. What is the mainstay of Indian economy ?

  • Manufacturing
  • Business
  • Public sector
  • Agriculture

Answer: Option D

4. Which state is the biggest tea producer in the country ?

  • Andhra Pradesh
  • Sikkim
  • Assam
  • West Bengal

Answer: Option C

5. Imperial Bank of India was old name of ?

  • State Bank of India
  • United Bank of India
  • Central Bank of India
  • Punjab National Bank

Answer: Option A

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