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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-7 section-5

Each section contains 100 MCQs on Banking and Financial Institutions .
61
Treasury bills are short-term debt instruments (less than . . . . . . . . year to maturity) issued at a discount.
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
62
Match List-I with List-II and select the correct answer:
List-I List-II
a. Commercial Bank 1. Monopoly of note issue
b. Industrial Bank 2. Short-term loan to customers
c. Central Bank 3. Long term loan to farmers
d. Land Mortgage Bank 4. Long-term loan to industries
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
63
The written insurance contract that may include all clauses, riders and endorsements, it is called?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
64
Which of the following is not true about National Electronic Funds Transfer (NEFT) system?
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
65
NSE has implemented . . . . . . . . in compulsory rolling settlement with effect from 2nd July, 2001.
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
66
Which of the following is principle of valuation of currency?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
67
Which of the following is a short-term debt obligation of a Central Government that are issued to mature in 3 to 12 months?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
68
Under the member constituent agreement, trading members are required to make the clients aware of which of the following?
1. Trading segment in which the trading member is admitted.
2. SEBI registration number.
3. Basic risks involved in trading on the exchange.
Select the correct answer
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
69
Which of the following statement/s is/are correct?
1. Small Industry Development Bank of India (SIDBI) was set-up as a whole owned subsidiary of the RBI.
2. SIDBI has taken over the responsibility of administering Small Industry Development Fund managed by the IDBI.
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
70
Match the following.
List-I List-II
a. CRR 1. Maximum expected rate
b. Fiscal policy 2. Government of India
c. Monetary policy 3. RBI
d. RRR 4. Rate of interest
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board