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

A. an instrument evidencing a debt in the name of the holder

B. an instrument of loan issued by scheduled commercial bank

C. an instrument stating that the bearer thereof is entitled to receive payment of a certain sum on the maturity date as per the terms of the particular loan for which the bond is issued

D. All of the above

A. Central Estimates Survey Committee

B. National Sample Survey Committee

C. Central Statistical Organization

D. Finance Ministry

A. rate at which RBI purchases or rediscounts bills of exchange of commercial banks

B. rate of interest allowed by commercial banks on their deposits

C. rate of interest charged by commercial banks from borrowers

D. rate of interest at which commercial banks discounted bills of their borrowers

A. common currency transactions involving borrowing and lending

B. currency loans from a foreign country

C. back-to-back loan

D. None of the above

A. Interbank advances

B. Bank to Reserve Bank advances

C. Reserve Bank to Bank advances

D. Commercial Banks to Industrial Banks advances

A. a-3, b-1, c-2, d-4

B. a-3, b-1, c-4, d-2

C. a-4, b-2, c-1, d-3

D. a-1, b-2, c-3, d-4

A. 1889

B. 1965

C. 1912

D. 1770

A. ATM

B. credit

C. debit

D. Kisan credit land

A. Kolkata

B. New Delhi

C. Pune

D. Mumbai

A. NBFCs cannot accept demand deposits

B. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself

C. deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs

D. NBFCs cannot undertake insurance business