Banking And Financial Institutions - Practice Test

[#601] Which among the following is not associated with NABARD? 1. NIEAF 2. BIR 3. RIDF 4. SHPI Select the correct answer:

(A) Only 1

(B) Only 2

(C) Both 2 and 3

(D) None of these

Correct Answer

(D) None of these

[#602] Which one is not related with legal environment of business in India?

(A) MRTP

(B) FERA

(C) Factories Act 1948

(D) RBI

Correct Answer

(D) RBI

[#603] Which of the following statement/s is/are true about Reserve Bank of India?

(A) RBI was established on 1 st April 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934

(B) The Central Office of RBI was initially established in Kolkata but was permanently moved to Mumbai in 1937. The Central Office is where the Governor sits and where policies are formulated

(C) Though originally privately owned, since nationalization on 1 st January 1949, RBI is fully owned by the Government of India

(D) All of the above

Correct Answer

(D) All of the above

[#604] When banks invest their deposit accruals in Government securities, it is called:

(A) Asset Securitization

(B) Hedging

(C) Narrow Banking

(D) Forfeiting

Correct Answer

(C) Narrow Banking

[#605] Capital Adequacy Norms declared in the year, 1996, is applicable to

(A) Foreign Banks

(B) Co-operative Banks

(C) Private Sector Banks

(D) Nationalized Bank

Correct Answer

(D) Nationalized Bank

Banking And Financial Institutions - Study Mode

[#601] Which among the following is not associated with NABARD? 1. NIEAF 2. BIR 3. RIDF 4. SHPI Select the correct answer:

Correct Answer

[#602] Which one is not related with legal environment of business in India?

Correct Answer

[#603] Which of the following statement/s is/are true about Reserve Bank of India?

Correct Answer

[#604] When banks invest their deposit accruals in Government securities, it is called:

Correct Answer

[#605] Capital Adequacy Norms declared in the year, 1996, is applicable to

Correct Answer