Classical

Banking and Financial Institutions - Banking and Financial Institutions Questions

26:  
In which year saving banks were first established in Hamberg city of Germany?
A.

1765

B.

1763

C.

1763

D.

1776

 
 

Option: A

Explanation :


27:  
Read the following events
(i) Allowing convertibility of rupee at the market rate in the current account.
(ii) Nationalisation of general insurance business.
(iii) Establishment of IDBI
(iv) Capital adequacy norms for commercial banks.
Arrange the events in the ascending order of their occurrence.
A.

iv, iii, ii, i

B.

iv, ii, iii, i

C.

i, ii, iii, iv

D.

i, ii, iv, iii

 
 

Option: A

Explanation :


28:  
Which among the following is not true with regard to merchandise banker? 
(i) It can accept deposits
(ii) It can advance loans
(iii) It can do other banking activities
(iv) It can be manager to a public issues
 
A.

i, ii and iii

B.

ii, iii and iv

C.

i, iii and iv

D.

ii and iv

 
 

Option: D

Explanation :


29:  

The concept of scientific management is developed by

A.

Taylor

B.

Fayol

C.

Marx

D.

None of these

 
 

Option: A

Explanation :


30:  

With a view to encouraging newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, lDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs. This scheme is known as

A.

Technical Development Fund Scheme

B.

Soft Loan Scheme for Modernisation

C.

Seed Capital Assistance Scheme

D.

None of these

 
 

Option: C

Explanation :




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