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-9 section-7
Each section contains 100 MCQs on
Banking and Financial Institutions .
Consider the following statements and select the correct option. Assertion (A): The impact of depreciating Indian Rupee leads to less competition for Indian firms from imports. Reason (R): The depreciating Indian Rupee results in downward pressure on inflation.
Which of the following are the important features of option contracts?
1. Buyers of option have limited liability.
2. Options have high degree of risk to option writers.
3. Options are exercisable only by buyers of option.
4. Buyers of option have all rights which are available to equity shareholders of the concerned companies.
Which of the following statement(s) is/are correct?
1. Corporative Banks are governed by the banking Regulations Act, 1951.
2. State Bank of India Act was enacted in the year 1955.
3. After nationalisation of 24 major commercial banks, they become the important instrument for advancement of rural banking.
4. NABARD was established on 12th July, 1992 with an initial capital of Rs. 200 crore.
Select the correct answer
Which of the following pairs are correct?
1. Shyamala Gopinath: Discontinue Kisan Vikas Parra
2. S. S. Tarapore: Discontinue Capital Account convertibility
3. H. R. Khan: Utilize unclaimed deposits from PPF & Post offices, for Senior citizens welfare.
