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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-1 section-9

Each section contains 100 MCQs on Banking and Financial Institutions .
1
BHIM app can be used by anyone who has:
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Answer: Option D
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2
Which of the following are an important source of information about companies for investors?
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Answer: Option A
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3
The investment management activity of a mutual fund is managed by the
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Answer: Option B
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4
Which one of the following is used for international money transfer?
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Answer: Option C
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5
The first RRB of India Prathama Bank was established in which year?
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Answer: Option A
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6
Insurance business in India is regulated by which of the following authorities?
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Answer: Option A
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7
Which of the following test is used by RBI to determine whether or not a company is into financial business?
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Answer: Option A
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8
In respect of "Door Step Banking", RBI has issued directives under the provisions of:
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Answer: Option C
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9
Financial Institutions are an important segment of the financial system of any country as they provide medium to Long-term finance to different sectors of the economy. Which of the following can be termed as specialised bank/s in India?
1. EXIM Bank
2. NABARD
3. RBI
4. NHB
5. SIDBI
6. ICICI
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Answer: Option D
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10
Which of the following bank is the central bank of India?
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Answer: Option B
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