Which of the following bank cannot issue Priority Sector Lending Certi

1.	Which of the following bank cannot issue Priority Sector Lending Certificates (PSLC)? 1). Regional Rural Banks (RRBs)2). Local Area Banks (LABs)3). Small Finance Banks4). Payments Bank
Answer» Payments Bank cannot buy/sell PSLC. Scheduled Commercial Banks (SCBs), Regional RURAL Banks (RRBs), Local Area Banks (LABs), Small FINANCE Banks (when they BECOME OPERATIONAL) and Urban Co-operative Banks who have ORIGINATED PSL eligible category loans subject to such regulations as may be issued by the Bank.

Which of the following bank cannot issue Priority Sector Lending Certificates (PSLC)? 1). Regional Rural Banks (RRBs)2). Local Area Banks (LABs)3). Small Finance Banks4). Payments Bank

Answer»

Payments Bank cannot buy/sell PSLC.

Scheduled Commercial Banks (SCBs), Regional RURAL Banks (RRBs), Local Area Banks (LABs), Small FINANCE Banks (when they BECOME OPERATIONAL) and Urban Co-operative Banks who have ORIGINATED PSL eligible category loans subject to such regulations as may be issued by the Bank.

Discussion

No Comment Found

Related InterviewSolutions

The Security Printing and Minting Corporation of India Limited was established in the year ________. 1). 20062). 20053). 20044). 2010
1). 500 Cr2). 400 Cr3). 300 Cr4). 200 Cr
LSR is a mismatch on bank’s balance sheets. What is the meaning of ‘L’ in ‘LSR’?1). Least2). Liquidity3). Legal4). Low
RBI issued short-term debt management instruments known as CMBs. What does ‘B’ stand for in the same?1). Bills2). Bonds3). Banks4). Branch
1). AC Shah Committee2). A Ghosh Committee3). Abid Hussain Committee4). Nachiket Mor Committee
Which of the following terms does NOT figure in FINO?1). Financial2). Inclusion3). Operation4). Network
1). Only I and II are correct2). Only III is correct3). Only II is correct4). All are correct
Market risks are most prominent for banks engaged in1). Retail banks2). Investment banks3). Commercial banks4). Central banks
What does second 'C' denotes in C A LC S?1). Capital Adequacy2). Clearence3). Customer4). Compliance
Ujjivan SFB has announced the launch of its overdraft facility for all MSEs with a turnover of Rs ________ lakhs or more.1). 102). 253). 504). 65

Which of the following bank cannot issue Priority Sector Lending Certificates (PSLC)? 1). Regional Rural Banks (RRBs)2). Local Area Banks (LABs)3). Small Finance Banks4). Payments Bank

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment