Correct Answer :   Reserve Bank of India

The working and operations of NBFCs are regulated by the Reserve Bank of India (RBI) within the framework of the [[Reserve Bank of India Act, 1934]] (Chapter III-B) and the directions issued by it.

Correct Answer :   Capital market

A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.

Correct Answer :   Village

Lead Bank Scheme was finalised to adopt preparedness at village level, of an objective to help the farming community.

Correct Answer :   Structured

NEFT SFMS message” means an electronic Structured Financial Messaging Solution (SFMS) message containing a batch of NEFT payment instructions for funds transfer, processed and consolidated in the manner specified for transmission of payment instructions from NEFT Service Centre to the NEFT Clearing Centre

Correct Answer :   All of the above

Payment and Settlement Systems Act, 2007 is an Act to provide for the regulation and supervision of payment systems in India and to designate the Reserve Bank of India as the authority for that purpose and for matters connected therewith or incidental thereto.

Correct Answer :   individual retirement account

An Individual Retirement Account (IRA) is a tax-advantaged account that is designed to help you save for retirement. There are two different types of IRAs: Traditional and Roth IRAs.

Correct Answer :   CRIS

SX40 is the flagship Index of MSE. The Dow Jones Industrial Average, or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States. The NIFTY 50 index is National Stock Exchange of India’s benchmark broad based stock market index for the Indian equity market.

Correct Answer :   No Fee

The banking ombudsman is appointed by the RBI to resolve customers’ complaints regarding banking services and does not charge a fee.

Correct Answer :   Microfinance programs are often targeted to women

Microfinance is a category of financial services targeted at individuals and small businesses. They are often located in disfavoredareas

Correct Answer :   Something that has happened or a current problems

A risk is something that hasn’t happened yet but has some probability of occurring. An issue is essentially a risk that has happened. In other words, risks are potential future problems and issues are current problems.