Which one of the following statement is correct?
A. Granting loan to the borrowers is not the main function of a bank
B. Bank cannot buy and sell shares and debentures on behalf of customers
C. Narasimham Committee recommended making banking structure of the counting three tier
D. Banks have the same function as development bank
Answer: Option C
This Question Belongs to Commerce >> 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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