Banking and Financial Institutions MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11

91.
According to traditional approach of money in normal sense includes

A. Currency

B. Currency and demand deposits

C. Currency and bank deposits

D. All liquid assets

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92.
Which of the following banks launched country's first automated teller machine (ATM) which can be operated independently by a visually impaired person, known as 'Talking ATM'?

A. State Bank of India

B. Union Bank of India

C. Bank of Baroda

D. Bank of India

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93.
In stock exchange operations, when the speculator buys the right to sell a certain number of shares on an agreed amount at a specified time it is known as

A. no option

B. put option

C. call option

D. double option

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94.
Export - Import (EXIM) bank of India was set up on.

A. 1^st January, 1982

B. 1^st April, 1991

C. 1^st March, 1970

D. 1^st July, 1987

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95.
Which of the following statement is not true with respect to wilful defaulter?

A. Financially capable to repay and yet does not do so

B. One who diverts the funds for purposes other than the fund was availed for

C. With whom funds are not available in the form of assets as funds have been siphoned off

D. All are true

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96.
As per RBI guidelines, the RRBs have to provide the minimum of which of the following per cent of their total credit under priority sector lending?

A. 50%

B. 60%

C. 75%

D. 80%

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97.
Which one is not under the three pillars of BASELI II norms in banking industry?

A. Market Discipline

B. Minimum Capital Requirement

C. Risk oriented Supervision

D. Supervisory Review Process

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98.
Gresham's law operates when

A. When there is a developed banking system

B. The people have full faith in the government

C. When it is transient

D. The demand for money is dominated by the supply

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99.
Which of the following is not the plastic money?

A. Smart Card

B. Cheque

C. Debit Card

D. Credit Card

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100.
Which one of the following statement is incorrect?

A. A bank interacts directly with customers, but NBFI interacts with banks and governments

B. Credit creation is one of the primary functions of commercial bank in India

C. Banks generally grant long-term loans to industries

D. To purchase and sell securities is also one of the function of scheduled bank

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

91. According to traditional approach of money in normal sense includes

Answer & Solution

92. Which of the following banks launched country's first automated teller machine (ATM) which can be operated independently by a visually impaired person, known as 'Talking ATM'?

Answer & Solution

93. In stock exchange operations, when the speculator buys the right to sell a certain number of shares on an agreed amount at a specified time it is known as

Answer & Solution

94. Export - Import (EXIM) bank of India was set up on.

Answer & Solution

95. Which of the following statement is not true with respect to wilful defaulter?

Answer & Solution

96. As per RBI guidelines, the RRBs have to provide the minimum of which of the following per cent of their total credit under priority sector lending?

Answer & Solution

97. Which one is not under the three pillars of BASELI II norms in banking industry?

Answer & Solution

98. Gresham's law operates when

Answer & Solution

99. Which of the following is not the plastic money?

Answer & Solution

100. Which one of the following statement is incorrect?

Answer & Solution

Read More Section(Banking and Financial Institutions)

91.
According to traditional approach of money in normal sense includes

92.
Which of the following banks launched country's first automated teller machine (ATM) which can be operated independently by a visually impaired person, known as 'Talking ATM'?

93.
In stock exchange operations, when the speculator buys the right to sell a certain number of shares on an agreed amount at a specified time it is known as

94.
Export - Import (EXIM) bank of India was set up on.

95.
Which of the following statement is not true with respect to wilful defaulter?

96.
As per RBI guidelines, the RRBs have to provide the minimum of which of the following per cent of their total credit under priority sector lending?

97.
Which one is not under the three pillars of BASELI II norms in banking industry?

98.
Gresham's law operates when

99.
Which of the following is not the plastic money?

100.
Which one of the following statement is incorrect?