Banking and Financial Institutions MCQ Questions and Solutions with Explanations | Commerce

A. Date of documents

B. Date of sanction

C. Date of default

D. Due date of each installment

A. NABARD was set up in order to provide credit for the promotion of the activities like rural crafts and agriculture

B. NABARD was set up in order to provide credit to poorer section of rural India

C. NABARD was set up in order to assist banks specially meant to surve rural India

D. All are correct

A. (A) is true but (R) is false

B. (R) is true but (A) is false

C. (A) is true and (R) offers correct explanation to (A)

D. Both (A) and (R) are false

A. SIDBI

B. IDBI

C. ICICI

D. UTI

A. Preference Share and Covertible debentures

B. Fully paid Equity Shares and debentures in demat form

C. All shares and debentures in physical form

D. Only Preference Share and partly paid debentures

A. Paid up equity capital, statutory & disclosed reserves

B. Capital reserves representing surplus arising out of sale proceeds of assets

C. Perpetual non-cumulative preference shares and debt capital instruments eligible for inclusion under additional tier-I

D. All of the above

A. Sale or purchase of Government securities

B. Issuance of different types of bonds

C. Auction of gold

D. To make available direct finance to borrowers

A. Broad form insurance

B. Whole life insurance

C. Health insurance

D. Term insurance

A. (A) is true, (R) is false

B. (A) is false, but (R) is true

C. Both (A) and (R) are true and (R) is the correct explanation of (A)

D. Both (A) and (R) are true, but (R) does not support (A)

A. Interest and/or loan instalments overdue for more than 90 days

B. The account is out of order for more than 90 days in case of overdraft/cash credit

C. Bill remains overdue for more than 90 days

D. All of the above