Banking And Financial Institutions - Study Mode

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[#591] "Money is what money does." Who said this?

(A) Walker

(B) Robertson

(C) Crowther

(D) Paul Einzig

Correct Answer

(A) Walker

[#592] Which of the following is not automatically helped by Financial inclusion? 1. Turning savings into investment 2. Reducing current account deficit 3. Decreasing inflation

(A) 1 and 2

(B) 1 and 3

(C) 2 and 3

(D) None of above

Correct Answer

(D) None of above

[#593] Which of the following is an independent professional appointed by an insurance company to assess the loss or damage when a claim is notified under a policy issued by them?

(A) Surveyors

(B) Loss assessors

(C) Brokers

(D) Underwriter

Correct Answer

(B) Loss assessors

[#594] Under Section of the Income Tax Act can be claimed for APY2

(A) 80 C

(B) 80CCD (1A)

(C) 80CCD (18)

(D) None of the above

Correct Answer

(C) 80CCD (18)

[#595] With a view to encourage newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, IDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs, This scheme is known as:

(A) Bridge Loan Scheme

(B) Soft Loan Scheme for Modernization

(C) Technical Development Fund Scheme

(D) Seed Capital Assistance Scheme

Correct Answer

(D) Seed Capital Assistance Scheme