EASE Reform

Question 1

Which reform aims to foster new-age reforms in PSBs to improve profitability, asset quality, customer service and digital capabilities?

Answer 1

Enhanced Access & Service Excellence (EASE)

Question 2

Enhanced Access & Service Excellence (EASE) was launched in

Answer 2

January 2018
* was commissioned through Indian Banks’ Association
* authored by Boston Consulting Group

Question 3

Various Stages under EASE Reforms Agenda:

Answer 3

• EASE 1.0
• EASE 2.0
• EASE 3.0
• EASE 4.0
• EASE 5.0

Question 4

SIDBI portal for credit management of MSMEs:

Answer 4

UdyamiMitra

Question 5

____ are financial institutions which ensure adequate credit for agriculture and other rural sectors.

Answer 5

Regional Rural Banks

Question 6

Regional Rural Banks were set up on the basis of the recommendations of the

Answer 6

Narasimham Working Group (1975)

Question 7

The first Regional Rural Bank ____ was set up on (?)

Answer 7

“Prathama Grameen Bank” , 2nd October, 1975

Question 8

he equity of a regional rural bank is held by the Central Government, concerned State Government and the Sponsor Bank in the proportion of

Answer 8

50:15:35

Question 9

____ was to promote sustainable and impartial agriculture and enhance rural prosperity through effective credit support, related services, institution development, and other innovative initiatives.

Answer 9

National Bank for Agriculture and Rural Development (NABARD)
* is a statutory body established in 1982
* under parliamentary Act-National Bank for Agriculture and Rural Development Act, 1981

Question 10

____ is networking of branches, which enables Customers to operate their accounts, and avail banking services from any branch of the Bank on CBS network, regardless of where he maintains his account.

Answer 10

Core Banking Solution (CBS)

Question 10

____ is networking of branches, which enables Customers to operate their accounts, and avail banking services from any branch of the Bank on CBS network, regardless of where he maintains his account.

Answer 10

Core Banking Solution (CBS)

Question 11

Which committee resulted in formation of NABARD?

Answer 11

Committee to Review the Arrangements for Institutional Credit for Agriculture and Rural Development (CRAFICARD) in 1979

under the Chairmanship of Shri B. Sivaraman

Question 12

Amendment in NABARD Act enabled Union Government to increase the authorized capital of NABARD from (?) to (?)

Answer 12

Rs. 5,000 crore , Rs. 30,000 crore

Question 13

Under the 1981 Act, the central government and the RBI together must hold at least ____ of the share capital of NABARD

Answer 13

51%

Question 14

Who provides recommendations to Reserve Bank of India on issue of licenses to Cooperative Banks, opening of new branches by State Cooperative Banks and Regional Rural Banks (RRBs)?

Answer 14

NABARD

Question 15

The (?) started in ____, works at enhancing investments in rural areas, creating business opportunities and enabling rural communities to sustainably utilise their natural resources.

Answer 15

Umbrella Programme on Natural Resource Management (UPNRM) , in 2007

Question 16

NABARD has been at the forefront of technology revolution by helping rural financial institutions in providing ____ to all their farmer clients.

Answer 16

RuPayKisan Cards (RKCs)

Question 17

The ____ scheme was designed by NABARD in association with the RBI in (?) for providing crop loans

Answer 17

Kisan Credit Card (KCC) , August 1998

Question 18

____ is a basic unit and smallest co-operative credit institution in India. It works on the grassroots level (gram panchayat and village level). It provides credit to farmers in the form of term loans and recovers the amount after harvesting of crop from the cultivator.

Answer 18

Primary Agricultural Credit Society (PACS)

Question 19

It was set up with NABARD in (?) by the RBI out of the shortfall in lending to priority sector by scheduled commercial banks for supporting rural infrastructure projects. Name it

Answer 19

Rural Infrastructure Development Fund (RIDF) , 1995-96