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 :

Click on Discuss to view users comments.

Write your comments here:



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 :

Click on Discuss to view users comments.

Write your comments here:



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 :

Click on Discuss to view users comments.

Write your comments here:



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

SIDBI

B.

IDBI

C.

ICICI

D.

UTI

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

Write your comments here:



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 :

Click on Discuss to view users comments.

sandeep said: (12:27am on Friday 27th February 2015)
new bank of india and punjab national bank mergered firstly on sep 4, 1993icici

Write your comments here:






  • This section contains multiple choice questions answers on banking and financial institutions which can be used by any student who is preparing for ugc net commerce exam.
  • These objective type questions answers on banking and financial institutions can also be used by any under graduate commerce student for the preparation of his exams.
  • Banking and financial institutions MCQ can be used by post graduate commerce student who wants to gain a good credit score.
  • Banking and financial institution Questions Answers can be used by any Commerce student to increase his knowledge.
  • This section can also be used as Banking and financial institution download pdf material for the preapartion of UGC NET Exams.