What does 'Nomination' for a deposit account in the bank mean?
A. Mandate given by the close relatives of the depositor to settle the death claim in case of death of the depositor
B. Mandate decided by the bank to settle the death claim of its depositor
C. Mandate of the depositor in favor of one or more persons to claim the amount on death of the depositor
D. Mandate of the depositor in favor of a close relative who can claim the amount on death of the depositor
The Reserve Bank of India was established on _______.
A. April 1, 1935
B. July 12, 1982
C. May 26, 2006
D. September 30, 2005
Who works as RBI's agent at places where it has no office of its own?
A. State Bank of India
B. Ministry of Finance
C. Government of India
D. International Monetary Fund
A. Both (i) and (ii)
B. Both (iii) and (iv)
C. All the above
D. None of the above
A. April 5, 2006
B. May 26, 2006
C. June 29, 2007
D. September 30, 2005
Which subsidiary bank was merged with the State Bank of India on August 13, 2008?
A. State Bank of Hyderabad
B. State Bank of Indore
C. State Bank of Mysore
D. State Bank of Saurashtra