Banking And Financial Institutions - Study Mode

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[#496] Match List-I with List-II choose the answer: List-I (Committee) List-II (Purpose) a. Dutt Committee 1. Industrial Licensing b. Chelliah Committee 2. Tax Reforms c. Rangrajan Committee 3. Public sector Undertaking Disinvestment d. Chore Committee 4. Cash Credit system

(A) a-1, b-2, c-3, d-4

(B) a-2, b-3, c-4, d-1

(C) a-3, b-4, c-1, d-2

(D) a-4, b-3, c-2, d-1

Correct Answer

(A) a-1, b-2, c-3, d-4

[#497] Match the following. List-I List-II a. Selective credit control 1. Consumer credit recusation b. Encourage credit for desirable use 2. Cash reserve c. Quantitative credit control 3. Variation in margin d. Bank rate 4. Rediscounting rate

(A) a-4, b-2, c-3, d-1

(B) a-3, b-1, c-2, d-4

(C) a-1, b-3, c-2, d-4

(D) a-2, b-1, c-3, d-4

Correct Answer

(B) a-3, b-1, c-2, d-4

[#498] Which of the following term is used when the extra payment be done for administrative and capital cost?

(A) Premium

(B) Premium loading

(C) Interest

(D) Contingency

Correct Answer

(B) Premium loading

[#499] When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds, the drawer is punishable with imprisonment which may extend to . . . . . . . . and/or a fine.

(A) two months

(B) one year

(C) four months

(D) six months

Correct Answer

(B) one year

[#500] Which one is not Non-Marketable securities?

(A) Corporate Securities

(B) Bank Deposits

(C) Deposits with Companies

(D) Post Office Certificates and Deposits

Correct Answer

(A) Corporate Securities