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

A. This is special type of bank account only Micro finance institutes can open

B. Only BPLs and self-help groups can apply for it

C. They get higher interest rate than (regular) savings account

D. It was earlier called "No frills account"

A. Quasi Legislative

B. Quasi Judicial

C. Quasi Executive

D. All of the above

A. 4, 3, 2, 1, 5

B. 1, 2, 3, 4, 5

C. 4, 5, 3, 2, 1

D. 1, 5, 2, 3, 4

A. 2000

B. 2002

C. 2003

D. 2005

A. Development banks are financial institutions that provide long-term credit for capital-intensive investments such as heavy industry, infrastructure, mining, etc., that are spread over a long period

B. The commercial banks were seen with Short-term and medium-term perspective in terms of liquidity. They were not in a position to make investments in Long-term projects

C. Both A and B

D. Neither A nor B

A. 8

B. 7

C. 9

D. 11

A. Digitisation

B. Financial Inclusion

C. Demonetisation

D. Micro finance

A. it is an unsecured money market instrument issued in the form of promissory note

B. the highly rated corporate borrowers can raise short-term funds through this instrument

C. it is an additional instrument to the investing community

D. All of the above

A. Environmental Management

B. Technology Management

C. Knowledge Management

D. Information Management

A. (i), (ii), (iii) and (v)

B. (i), (ii), (iv) and (v)

C. (ii), (iii), (iv) and (v)

D. (i), (ii), (iii), (iv) and (v)