Banking and Financial Institutions MCQ - Banking and Financial Institutions Section 2

1 How many types of Bank are there on the Basis of ownership?

A
Two Types
B
5 types
C
4 types
D
3 types

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Correct AnswerOption D

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2 The statement "A Banker is a person or corporation which holds itself out to receive from the public, deposit payable on demand on the cheque." is given by

A
Findlay shirras
B
Kinley
C
T.G. Hart
D
Walter leaf

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3 Bank classifications according to the law are

A
Private Bank
B
Scheduled Bank
C
Non-Scheduled Bank
D
Both (b) and (c)

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4 In which year the first Central Bank in the world was established?

A
1660
B
1670
C
1680
D
1668

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5 Bank classification is possible according to

A
Ownership
B
Law
C
function
D
All of the above

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This section contains Banking and Financial Institutions MCQ which can be used by any student who is preparing for the UGC net commerce exam.
This mcq on banking and financial institutions can also be used by any undergraduate commerce student for the preparation of his exams.
Banking and financial institutions multiple-choice questions can be used by postgraduate commerce student who wants to gain a good credit score.
Banking and financial institution objective type questions can be used by any Commerce student to increase his knowledge.
This section can also be used as Banking and financial institution mcq to download pdf material for the preparation of UGC NET Exams.

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