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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-3 section-2

Each section contains 100 MCQs on Banking and Financial Institutions .
21
The powers of Controller of Capital Issues of India is now shifted of
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Answer & Solution
Answer: Option B
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22
The major outcome of the Bretton Woods Conference was:
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Answer: Option D
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23
Which is the measure of quantitative credit control is not
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Answer: Option D
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24
Any person or persons acting in concert, who together own . . . . . . . . or more of the open interest in index derivatives are required to disclose the same to the clearing corporation.
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Answer & Solution
Answer: Option B
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25
Which of the following are functions of a financial system?
1. The operation of a payments system.
2. Provides the means of portfolio adjustment.
3. Helping to reduce unemployment.
4. Channelizing funds between lenders and borrowers.
5. Helping speculators to bet on price movements.
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Answer & Solution
Answer: Option B
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26
Domestic Currency tends to depreciate owing to:
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Answer: Option C
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27
Contribution towards Rural Infrastructure Development Fund is made by
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Answer: Option C
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28
Basel Committee on Banking Supervision is a committee of banking super authorities that was established by:
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Answer: Option B
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29
FEMA was implemented in the year . . . . . . . . in India.
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Answer: Option B
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30
Which one of the apex bodies regulates the cooperative banks in India?
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Answer: Option B
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