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

A. A fall in the domestic value of a currency

B. A fall in the external value of a currency caused by the market forces

C. A fall in the external value of a currency caused by Government action

D. None of the above

A. Initially it was named as Committee of Banking Regulations and Supervisory Practices (CBRS)

B. BASEL was established by the Central Bank Governors of fifteen countries

C. It was established by the end of 1974

D. Disturbances in international currency and banking markets were responsible for its establishment

A. 1971

B. 1969

C. 1949

D. 1947

A. The payer and the payee both use electronic mediums to exchange money

B. It takes place in the premises of a bank

C. It requires cheque book

D. It needs credit card

A. Premium

B. EMI

C. Contribution

D. Instalment

A. Issue of note currency

B. Credit control

C. Control on commercial banks

D. All of these

A. Credit risk

B. Market risk

C. Pricing risk

D. Liquidity risk

A. sale or purchase of government securities

B. issuance of different types of bonds

C. auction of gold

D. None of the above

A. SBI

B. SIDBI

C. NABARD

D. RBI

A. Compliance with the Information Technology Act 2000

B. Satellite connection

C. Selection of a portal and server

D. All of the above