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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-9 section-8

Each section contains 100 MCQs on Banking and Financial Institutions .
81
As a consortium leader, the Lead Bank would
1. coordinate with government office's, banks and other stakeholders.
2. undertake planning and formulation of annual district credit plans through block and district consultative committees.
3. help in synergising all efforts to fulfill plan priorities and district specific requirements.
Select the correct answer
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
82
Consider the following statements and identify the true ones.
1. Treasury bills can be issued by all the states.
2. They are not used for Open Market Operations.
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
83
Which of the following is/are the instrument/s to deal with the risk factor in life and non-life situations?
Discuss
Answer & Solution
Answer: Option D
No explanation is given for this question. Let's Discuss on Board
84
Which one of the following is not a social evil of the money?
Discuss
Answer & Solution
Answer: Option A
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85
Which of the following statement is/are correct?
1. 50 paise coin is limited legal tender money in India.
2. Bills of exchange is an optional money.
Select the correct answer:
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
86
What is the banking known as when a group of persons come together to own and control three or more independently chartered banks?
Discuss
Answer & Solution
Answer: Option C
No explanation is given for this question. Let's Discuss on Board
87
Which of the following economist suggested the idea of setting up of development banks at international level such as World Bank and IMF, the same idea resulted in setting up of development banks by different nations in their boundaries?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
88
Under Section 37 of the Banking (Regulation) Act, a moratorium order can be issued by the High Court for a maximum total period of:
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
89
Which of the following statements is true?
Discuss
Answer & Solution
Answer: Option A
No explanation is given for this question. Let's Discuss on Board
90
Real Time Gross Settlement (RTGS) is managed by
Discuss
Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board