ExamVeda
Login
Home

Banking and Financial Institutions MCQ Questions and Solutions with Explanations | Commerce

Banking and Financial Institutions MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Banking and Financial Institutions MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-8

Each section contains 100 MCQs on Banking and Financial Institutions .
91
Earlier it was known as Bank of Italy, today its name is
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
92
Which one among the following promoted the concept of self-help groups (SHGs) for financing the poor?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
93
RBI, on behalf of government, issues MSS bonds to mop up extra liquidity from the market. This is same as Open Market Operations (OMO), but has a significant difference. What is it?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
94
Which of the following organizations provides credit history of the borrowers?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
95
Which of the following is not a characteristic of bartering internationally?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
96
Credit control is an important tool of:
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
97
Board of Industrial and Financial Reconstruction (BIFR) has been set up to deal with industrial:
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
98
After independence, the Imperial Bank of India was nationalised and became known as
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
99
When the insurance companies ties up with banks to sell insurance, such product is called:
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
100
Which of the following statement/s is/are correct?
1. Payment bank cannot issue credit cards.
2. There is a limit on maximum balance of individual customer in payment bank.
3. SLR requirements for payment banks and small banks is less than commercial banks.
4. Priority sector lending up to 40% is mandatory for both private banks and small banks.
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board