Banking And Financial Institutions - Study Mode

[#656] Commercial Papers are secured by:
Correct Answer

(B) unsecured loans

[#657] Banks generally prefer to extend finances to registered firms only, because:
Correct Answer

(B) the firm can sue the debtors in case of default on their part

[#658] What is "Stagflation":
Correct Answer

(C) Inflation after deflations

[#659] Online banking is not known as:
Correct Answer

(D) Instrument banking

[#660] Reverse Repo means:
Correct Answer

(A) Rate at which RBI borrows money from Commercial Banks