Classical

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

21:  
From which date have all banks started sharing their ATM force of cost for transactions?
A.

January 1, 2009

B.

April 1, 2009

C.

July 1, 2009

D.

September 1, 2009

 
 

Option: B

Explanation :

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22:  
The number of approved stock exchange in India is
A.

24

B.

21

C.

18

D.

15

 
 

Option: A

Explanation :

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23:  
In India the basic objectives of Monetary Policy is/ are
A.

Price stability and adequate credit flow

B.

Price control and command on economy

C.

Price reduction and credit reduction

D.

All of the above

 
 

Option: D

Explanation :

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24:  
Which one of the following is the main objective of unit trust of India?
A.
To mobilize the saving of high income groups
B.
To mobilize the saving of low and high income groups
C.

To mobilize the saving of corporates

D.
To mobilize the saving of low and middle income groups
 
 

Option: B

Explanation :

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25:  

E-banking is synonymous with

A.

Tele-Banking

B.

Internet Banking

C.

Furo Banking

D.

None of the above

 
 

Option: B

Explanation :

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