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-4
Each section contains 100 MCQs on
Banking and Financial Institutions .
With reference to Indian Money Market, arrange the following events in chronological order-
1. Establishment of Discount and Finance House of India Limited (DFHL)
2. Establishment of Securities Trading Corporation of India (STCI)
3. Introduction of Certificate of Deposit
4. Introduction of Repurchase Agreement (Repo) by R.B.I.
Select the correct answer
Reserve Bank of India controls the activities of some of the following banks in India:
1. Commercial Banks
2. Cooperative Banks
3. Foreign Banks
4. Rural Banks
What is the difference between primary and secondary markets?
1. Primary markets help in capital formation, while secondary capital provides liquidity to the investor
2. Initial public offerings are undertaken in both primary and secondary markets
3. Stock exchanges are an example of secondary markets
Which of the following statements are correct?
1. The Central Bank is usually control and quite often owned by the government of a country.
2. Export-Import Bank of India took over the export finance function of the IDBI.
3. Unit Bank has virtually one or two branches.
4. Citi Bank and ING Bank are universal banks.
Select the correct answer
