Which of the following statements are correct?
1. The Central Bank is usually control and quite often owned by the government of a country.
2. Export-Import Bank of India took over the export finance function of the IDBI.
3. Unit Bank has virtually one or two branches.
4. Citi Bank and ING Bank are universal banks.
Select the correct answer
A. Both 1 and 2
B. 1, 2 and 4
C. 1, 2 and 3
D. 2, 3 and 4
Answer: Option B
Related Questions on Banking and Financial Institutions
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
The coverage of Right to Information Act (RTI), 2005 is:
A. Whole of India
B. Whole of India, except North Eastern States
C. Whole of India, except the State of Jammu & Kashmir
D. None of the above
Second generation reforms in our country do not comprise of which one of the following?
A. Exploiting the knowledge based global economy
B. Growing Indian transnational corporations
C. Population control measures
D. Clean environment

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