Classical

Banking and Financial Institutions - Banking and Financial Institutions Questions Multiple Choice Questions

6:  
Currency chest balance will be periodically verified by
A.

Bank own officials

B.

RBI Officials

C.

Both (a) and (b)

D.

Officials of AG's office

 
 

Option: C

Explanation :


7:  
Which of the following is not the fund based business of commercial banks?
A.

D.P. Operation

B.

Loans

C.

Deposits

D.

Depositing Bills

 
 

Option: A

Explanation :


8:  
India has been witnessing high rate of inflation because
A.
Public expenditure and money supply both are continuously increasing.
B.
The agricultural and industrial sectors have not performed adequately.
C.
Both agricultural and administered prices have been hiked.
D.

All of the above

 
 

Option: D

Explanation :


9:  
Which one among the following has not started commercial banking ?
A.

SIDBI

B.

IDBI

C.

ICICI

D.

UTI

 
 

Option: A

Explanation :


10:  
The merger of _________and ________was the first M and A activity after liberalization.
A.

Times Bank and HDFC Bank

B.
New Bank of India and Punjab National Bank
C.

ICICI and ICICI Bank

D.

GTB and Oriental Bank of Commerce

 
 

Option: C

Explanation :




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