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-3
Each section contains 100 MCQs on
Banking and Financial Institutions .
As per the Master Circular on "Prudential Norms on Capital Adequacy - Basel I Framework", elements of Tier I capital include:
1. Authorized Capital (Ordinary shares), statutory reserves, all other free reserves (disclosed), if any.
2. Paid-up capital (Preference shares).
3. Perpetual Non-Cumulative Preference Shares (PNCPS).
4. Innovative Perpetual Debt Instruments (IPDI).
Which of the following can be identified as the proper sequence of banking sector phases in India?
1. It was under private sector control.
2. There was social control.
3. Nationalization happened.
4. There was deregulation.
Who are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products or products that are traded and settled like financial products?
