36. Which of the following is not a primary function of National Bank for Agriculture and Rural Development (NABARD)?
a) Refinancing activities
b) Regulation of Regional Rural Banks
c) Formation of Regional Rural Banks
d) Supervision of Cooperative Banks
37. Regional Rural Banks are required to maintain a minimum capital adequacy ratio of:
a) 4%
b) 8%
c) 12%
d) 15%
38. The Government of India holds a stake of how much percentage in the equity capital of a Regional Rural Bank?
a) 20%
b) 35%
c) 50%
d) 75%
39. Regional Rural Banks are exempted from which of the following taxes?
a) Income tax
b) Goods and Services Tax (GST)
c) Excise duty
d) Wealth tax
40. The lead bank for a Regional Rural Bank is responsible for:
a) Monitoring the performance of the bank
b) Providing financial assistance to the bank
c) Appointing the Chairman and Managing Director of the bank
d) All of the above
