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

46:  
The commercial bank do not perform one function out of the following
A.

Mobilisation of saving

B.

Giving loans and advances

C.

Issues currency notes

D.

Financing priority sectors

 
 

Option: C

Explanation :

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47:  

The first Development Bank IFCI was established in

A.

1948

B.

1947

C.

1949

D.

1950

 
 

Option: A

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48:  

Retail Banking means

A.

Credit facilities extended to retail traders 

B.
Providing personal banking services directly to the consumers
C.
Collection of large number of dividend/interest warrants
D.

All of the above

 
 

Option: B

Explanation :

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49:  
Which needs comes last in the Maslow's need hierarchy
A.

Safety needs

B.

self actualisation

C.

Belongingness and Love needs

D.

Self esteem

 
 

Option: B

Explanation :

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50:  
Which of the following entities provide "Take out Finance" to banks engaged in financing of infrastructure project?
A.

ICICI

B.

SIDBI

C.

IDFC

D.

RBI

 
 

Option: C

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