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

A. 2003

B. 1993

C. 1997

D. 2000

A. 1964

B. 1971

C. 1976

D. 1968

A. Medium of exchange

B. Measurement of value

C. Storage of value

D. All of these

A. Reserve Bank of India Act, 1934

B. Indian Companies Act, 1956

C. Indian Banking Regulation Act, 1949

D. Securities and Exchange Board of India Act, 1993

A. Merchant bank

B. Financial intermediaries

C. Development financial institutions

D. Serial capital firms

A. converting Debit Card into Credit Card

B. transferring cash from one account to another account

C. stealing credit card information

D. intimating the customer about his heavy with drawals

A. Principal non-banking company

B. Residential non-banking company

C. Residuary non-banking company

D. Optional non-banking company

A. T+2

B. T+1

C. T+3

D. T+4

A. There are six merged public sector banks and six independent public sector banks in India

B. SBI is the largest public sector bank in India

C. The nationalized banks are almost wholly owned by GOI

D. All of the above

A. Customer

B. Cash

C. Commission

D. Credit