Classical

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

41:  
In India the Commercial Banks are given licence of operation by
A.

The Govt. of India

B.

The Ministry of Finance

C.

Reserve Bank of India

D.
Banking Companies Regulation Act, 1949
 
 

Option: D

Explanation :

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Priya said: (9:14am on Friday 18th December 2015)
Answer should be c i.e Reserve bank of India

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42:  
Imperial Bank was established on January 27,1921 on the advice of
A.

J.M. Keynes

B.

Lord Ilingworth

C.

King George V

D.

Winston Churchill

 
 

Option: A

Explanation :

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43:  

Which one is not non-marketable securities?

A.

Corporate securities

B.

Bank Deposits

C.

Deposits with companies

D.

Post office certificate deposits

 
 

Option: A

Explanation :

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44:  
Capital adequacy norms declared in the year 1996 is applicable to
A.

Foreign Banks

B.

Co-operative Banks

C.

Private Sectors Banks

D.

Nationalized Banks

 
 

Option: D

Explanation :

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45:  

"Blue card" denotes

A.

A credit card

B.

A debit card

C.
A proposition by EV to attract highly qualified professionals from other countries
D.

None of the above

 
 

Option: C

Explanation :

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