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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-6

Each section contains 100 MCQs on Banking and Financial Institutions .
11
Which agency regulates and supervises NBFCs?
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Answer & Solution
Answer: Option C
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12
Which one of the following one is not commercial bank?
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Answer & Solution
Answer: Option C
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13
Which among the following is not associated with NABARD?
(i) NIEAF
(ii) BIRD
(iii) RIDF
(iv) SHPI
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Answer & Solution
Answer: Option D
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14
Main components of foreign currency reserve of our country are:
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Answer & Solution
Answer: Option A
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15
With reference to Financial inclusion, which of the following statements is correct?
(1) It focuses on providing financial solutions to the economically underpriviledged class.
(2) It is a method of offering banking services to individual.
Select the correct answer:
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Answer & Solution
Answer: Option A
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16
Rural Infrastructure Development Fund (RIDF) is maintained by
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Answer & Solution
Answer: Option B
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17
All banking institutions are
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Answer & Solution
Answer: Option A
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18
If a bank is unable to refund the short term deposits as funds are locked in long term loans, it involves:
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Answer & Solution
Answer: Option C
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19
Who under Section 13 of the SEBI Act, 1992, may make grants to the SEBI?
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Answer & Solution
Answer: Option B
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20
Airtel Payments Bank launched India's first online debit card along with a prepaid card with which of the following?
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Answer & Solution
Answer: Option B
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