Banking And Financial Institutions - Practice Test

[#706] Which of the following statements is not correct?

(A) Nationalization of commercial banks has achieved its objectives

(B) Prior to nationalization, commercial bank in India were generally concerned with profit maximisation only

(C) Nationalization has enhanced the efficiency of commercial banks

(D) Bank nationalization in India was promoted by the necessity of credit facilities reaching the rural sector and weaker section of the society

Correct Answer

(A) Nationalization of commercial banks has achieved its objectives

[#707] Nachiket Committee has recommended Universal Electronic Bank Account (UEBA). How will it be achieved?

(A) Nationalized Banks will be required to hold camps and Melas to enrol people in UEBA

(B) RBI will issue a circular mandating all scheduled commercial banks to enrol all the unbanked BPL families in their branch territories under UEBA

(C) Every resident will be issued a UEBA account automatically at the time of receiving their Aadhaar number

(D) None of above

Correct Answer

(D) None of above

[#708] 'NABARD' provides re-finance for

(A) Short term

(B) Medium term

(C) Long term

(D) All of the above

Correct Answer

(D) All of the above

[#709] Match the items in List-I with the items in List-II : List-I List-II a. ATM card 1. NPA b. Debts due for more than 30 days 2. John Shephard Barron c. Micro finance 3. State Finance Corporations Act d. State level finance corporations 4. NABARD

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

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

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

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

Correct Answer

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

[#710] . . . . . . . . schemes are seen as riskier than . . . . . . . . schemes.

(A) Debt, equity

(B) Equity, debt

(C) Both A and B

(D) None of the above

Correct Answer

(D) None of the above

Banking And Financial Institutions - Study Mode

[#706] Which of the following statements is not correct?

Correct Answer

[#707] Nachiket Committee has recommended Universal Electronic Bank Account (UEBA). How will it be achieved?

Correct Answer

[#708] 'NABARD' provides re-finance for

Correct Answer

[#709] Match the items in List-I with the items in List-II : List-I List-II a. ATM card 1. NPA b. Debts due for more than 30 days 2. John Shephard Barron c. Micro finance 3. State Finance Corporations Act d. State level finance corporations 4. NABARD

Correct Answer

[#710] . . . . . . . . schemes are seen as riskier than . . . . . . . . schemes.

Correct Answer