Classical

Banking and Financial Institutions - Banking and Financial Institutions Questions

21:  
How many types of Bank are there on the Basis of ownership?
A.

Two Types

B.

5 types

C.

4 types

D.

3 types

 
 

Option: D

Explanation :


22:  
The statement "A Banker is a person or corporation which holds it self out to receive from the public, deposit payable on demand on cheque." is given by
A.

Findlay shirras

B.

Kinley

C.

T.G. Hart

D.

Walter leaf

 
 

Option: D

Explanation :


23:  

Bank classifications according to law are

A.

Private Bank

B.

Scheduled Bank

C.

Non-Scheduled Bank

D.

Both (b) and (c)

 
 

Option: D

Explanation :


24:  
In which year the first central Bank in the world was established?
A.

1660

B.

1670

C.

1680

D.

1668

 
 

Option: D

Explanation :


25:  

Bank classification is possible according to

A.

Ownership

B.

Law

C.

function

D.

All of the above

 
 

Option: D

Explanation :




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