Banking and Financial Institutions MCQ Questions and Solutions with Explanations | Commerce

The section 19 of the RBI Act, 1934 states that the Reserve Bank of India has been prohibited from:

. . . . . . . . capital investors are long-term investors who are prepared to take the risk that the entrepreneurial project can fail.

Match the following.

List-I	List-II
a. State Cooperative Banks	1. Government has a major holdings.
b. Indigenous Banks	2. 50% - 90% of the working capital is contributed by RBI.
c. Public Sector Banks	3. Comes under the ambit of the RBI control.
d. Non-scheduled Banks	4. Operated by seths, sahukars, mahajans, sardars etc.

What is a mutual fund?
1. A type of collective investment scheme that pools money from many investors and invests it in stocks, bonds or other money market instruments.
2. It is a subsidiary of a bank or financial company created specially to raise money to be invested in a particular industry such as housing, infrastructure, etc.
3. When several banks and financial companies come together and create a common pool of money to fund mega infrastructural project like bridges, roads, power plants, etc., the common pool is known as mutual fund.

Which of the following financial institutions is not with in the supervisory purview of Reserve Bank of India?

What is the maximum brokerage that can be charged by an NSE trading member for a deal in government securities for Rs. 20 million?

The provisions of General Reserve in Banking Companies are made keeping in view the provisions of

Which of the following institutions was the first established to provide industrial finance?

Which of the following is not a development banking institution?

Money market provides