Classical

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

11:  
Banking in India has its origin. as early as ___ period
A.

Vedic

B.

Moughal

C.

British

D.

None of these

 
 

Option: C

Explanation :


12:  

Find out the odd one out of the following

A.

State Bank of India

B.

Reserve Bank of India

C.

Union Bank of India

D.

Central Bank of India

 
 

Option: B

Explanation :


13:  

Which one of the statement is not true?

A.
Institutional infrastructure facilities makes intelligence.
B.
STC is the chief canalizing agent for export and import of agriculture products.
C.

lIPO organizes trade fairs and exhibitions.

D.
Letter of credit does not indicate that the bank will pay the value of imports to the exporter.
 
 

Option: D

Explanation :


14:  

Reserve Bank of India is

A.
an extension wing to ministry of finance, Government of India
B.
a body corporate having perpetual secession and a common seal
C.
an institution owned by Indian Banks Associations
D.

a private sector company

 
 

Option: B

Explanation :


15:  

The maturity period of Treasury Bill is 

A.

91 Days

B.

364 Days

C.

Both (a) and (b)

D.

None of these

 
 

Option: A

Explanation :




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