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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-4

Each section contains 100 MCQs on Banking and Financial Institutions .
21
Which bank was incorporated as one of the Public Sector Banks in India during 2004-05?
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Answer & Solution
Answer: Option C
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22
FDI upto 49% in private banking sector of India is allowed through
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Answer: Option B
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23
Where is the headquarter of National Housing Bank located?
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Answer: Option A
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24
A sound economic policy of any government ordinarily entails in it
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Answer: Option D
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25
CAPART is an autonomous institution, which work under which of the following?
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Answer & Solution
Answer: Option D
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26
Crawling Peg System' means
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Answer & Solution
Answer: Option C
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27
Blue chip securities refer to:
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Answer & Solution
Answer: Option C
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28
What is the Banking combining banking and consultancy services called?
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Answer & Solution
Answer: Option D
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29
Which of the following statement/s is/are correct regarding Nidhi companies?
1. Nidhi companies can borrow and lend to the members only.
2. They are registered under the Companies Act and are regulated by the Ministry of Cooperate Affairs.
3. They are included under NBFCs and are also regulated by the RBI.
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Answer & Solution
Answer: Option C
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30
Which among the following is the act of taking on a risk for a fee?
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Answer & Solution
Answer: Option D
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