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-2 section-10
Each section contains 100 MCQs on
Banking and Financial Institutions .
Select the major principles which banks strive to incorporate in their working form the following:
(i) Profitability
(ii) Labour welfare
(iii) Social welfare
(iv) Safety
(v) HRD
(vi) Liquidity
What is the purpose of forming Banks Board Bureau?
1. The bureau will recommend appointment of senior officials in public-sector banks and thus, will insulate public-sector banks from government interference.
2. The bureau will inspect the level of NPAs of public-sector banks.
3. The bureau will identify the best practices in private-sector banks and seek their implementation in public sector banks.
When a security is not treated in the Stock Exchange for a period of . . . . . . . . days prior to the date of valuation, it is treated as "Non-Traded" security.
Read the following statements and choose the correct option: Statement-I: Small Industry Development Bank of India (SIDBI) was set up as a wholly owned subsidiary of RBI. Statement-II: SIDBI has taken over the responsibility of administering small industry development fund managed by IDBI.
