Classical

Banking and Financial Institutions - Banking and Financial Institutions Questions

16:  
With reference to the Micro Finance Institutions consider the following statement.
(i) At present Micro Finance Institutions (MFls) obtain finance from banks according to RBI guidelines.
(ii) MFIs provide small scale credit to low income households and small informal businesses.
Which of these statement is/ are correct?
A.

Only (i)

B.

Only (ii)

C.

Both (i) and (ii)

D.

Neither (i) nor (ii)

 
 

Option: B

Explanation :


17:  
Capital adequacy norm helps the banks
(i) For strengthening capital base of banks
(ii) For sanctioning more loan
A.

Both (i) and (ii) are correct

B.

Both (i) and (ii) are incorrect

C.

(i) is correct but (ii) is incorrect

D.

(ii) is correct but (i) is incorrect

 
 

Option: C

Explanation :


18:  
Main objective of CRR and SLR is to ensure
(i)   Liquidity position of Bank
(ii)  Financial position of Bank
(iii) Profit pOSition of Bank
A.

Only (i) is correct

B.

Only (ii) is correct

C.

Only (iii) is correct

D.

All are correct

 
 

Option: A

Explanation :


19:  
Match the following
List-I                                                                          List-II
(Name of the Merging Entity)                    (Name of the Merged Entity)
(a) 20th century Finance Company                       I. ICICI Bank
(b) Bareilly Corporation Bank                               II. Centurian Bank
(c) Sikkim Bank                                                  III. HDFC Bank 
(d) Times Bank                                                   IV. Bank of Barod
(e) Bank of Madurai                                             V. Union Bank of India

 

A.
(a) (b) (c) (d) (e)
 II    IV   V   Ill     I
B.
(a)  (b)  (c)  (d)  (e)
 III    IV     I    Ill     V
C.
(a)  (b)  (c)  (d)  (e)
 V     IV    III    ll    I
D.
(a)  (b)  (c)  (d)  (e)
 V    II      I     Ill    IV
 
 

Option: A

Explanation :


20:  
The statement of Banking Definition is given by
A.

T.G. Hart

B.

White Head

C.

Kinely

D.

All of these

 
 

Option: D

Explanation :




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