Banking and Financial Institutions - Banking and Financial Institutions MCQ

6:  
The advance value of LIC policy is linked with
A.

Face value

B.

Surrender value

C.

Paid up value

D.

Depending on the age of policy holder

 
 

Option: B

Explanation :

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7:  
Chalpathi Rao committee was meant for restructuring of
A.

State financial corporation in India

B.

Commercial banks in India

C.

Co-operative banks in India

D.

Regional Rural banks in India

 
 

Option: D

Explanation :

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8:  
SBI's new training initiative "Strategic Training Unit" is located at
A.

New Delhi

B.

Bangalore

C.

Hyderabad

D.

Mumbai

 
 

Option: C

Explanation :

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9:  
The portion of total deposits of a commercial bank which it has to keep with RBI in the form of cash reserves in termed as
A.

CRR

B.

SLR

C.

Bank Rate

D.

Repo Rate

 
 

Option: A

Explanation :

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10:  

SBI's Archieve Center is located at

A.

New Delhi

B.

Mumbai

C.

chennai

D.

Kolkata

 
 

Option: D

Explanation :

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