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

A. RBI

B. Ministry of Finance

C. SBI

D. None of the above

A. All scheduled commercial banks have to open at least 25% of their branches in tier-1 and tier-2 areas

B. All scheduled commercial banks need RBI's permission before opening 25% of their branches in tier-1 areas

C. All scheduled commercial banks to open at least 25% of their branches in tier 3 to 6 areas

D. None of above

A. whole life

B. limited pay

C. universal

D. endowment

A. 1 and 2

B. 1 and 3

C. 2 and 3

D. All of above

A. SEBI

B. FMC

C. PFRDA

D. RBI

A. Government will be able to take more loan from banks than before

B. Government will be able to sell more debentures to banks than before

C. Private sector will be able to get less credit from banks than before

D. Government will be able to sell fewer securities to banks than before

A. Nagpur

B. Pune

C. Lucknow

D. Mumbai

A. One rupee note

B. One thousand rupee note

C. Five rupee note

D. Ten rupee note

A. Minimum tier 1 capital ratio should be 8%

B. Maximum tier 2 capital should be 2%

C. Minimum total capital ratio should be 9%

D. Minimum total capital plus capital conservation buffer should be 11.5%

A. The Reserve Bank of India worked as Central Bank of Burma till April 1947

B. The Reserve Bank of India worked as Central Bank of Pakistan till June 1948

C. The Reserve Bank of India worked as Central Bank of Bangladesh from January 1972 to December 1975

D. The Reserve Bank of India commenced its operations on 1^st April 1935