Banking And Financial Institutions - Study Mode

[#906] Nomination facility is available to:
Correct Answer

(C) Individuals/Sole Proprietorship Accounts

[#907] Credit rating:
Correct Answer

(A) Is used to rate the borrowers while giving advances

[#908] What are the salient features of Kisan Vikas Patra? 1. Investment up to Rs. 1.5 lakh, get tax-deduction benefit under IT act. 2. KVPs can be pledged as security-deposit in public sector banks only. 3. KVP Funds can be withdrawn from ATMs using Kisan Credit card.
Correct Answer

(D) None of them

[#909] In India, the Exim Bank was established in the year
Correct Answer

(B) 1982

[#910] Match the following. List-I List-II a. Financial instruments 1. Organised and unorganised b. Financial market 2. Intermediaries and non-intermediaries c. Financial institutions 3. Unorganised financial system d. Indigenous bankers 4. Facilitate transfer of funds
Correct Answer

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