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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-5 section-10

Each section contains 100 MCQs on Banking and Financial Institutions .
41
Which one of the following development financial institutions in India has started the special refinance scheme for the resettlement and rehabilitation of voluntary retired workers of the National Textile Corporation of India?
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Answer & Solution
Answer: Option A
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42
When was Debt Recovery Tribunal was introduced for the first time in India?
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Answer & Solution
Answer: Option C
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43
Which type of insurance policy will protect a business from theft and forgery by its employees?
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Answer & Solution
Answer: Option A
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44
Transfer of rights and remedies of the insured to the insurer after indemnity has been effect is called:
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Answer & Solution
Answer: Option B
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45
An Indian investor investing in a US equity stock mutual fund, would be worried about what happens to the exchange rate of
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Answer & Solution
Answer: Option C
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46
Which of the following are money markets instruments?
1. Treasury, 8%, 2011.
2. National Savings Certificates.
3. A 3-month certificate of deposit.
4. A treasury bill with 7 days to maturity.
5. A 14-day repurchase agreement of Treasury 8% 2007.
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Answer & Solution
Answer: Option D
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47
In case the security has not been traded on a particular day, . . . . . . . . at the NSE is to be considered as the closing price.
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Answer & Solution
Answer: Option C
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48
Which of the following terms is incorrect?
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Answer & Solution
Answer: Option C
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49
What is POP-SP in relation to New Pension System introduced on the 1st May 2009:
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Answer & Solution
Answer: Option A
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50
Co-operative banks which work at a metropolitan level are called:
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Answer & Solution
Answer: Option C
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