Banking And Financial Institutions - Study Mode
[#121] Which of the following are the characteristic of a financial intermediary? 1. It introduces borrowers to lenders. 2. It has assets which exceed liabilities. 3. It increases liquidity for lenders. 4. It reduces transaction costs for borrowers and lenders. 5. It makes excess profit.
Correct Answer
(B) 3 and 4
[#122] When a country decides to conduct trade on favourable terms with another country for mutual benefits, this is called:
Correct Answer
(B) MFN Status
[#123] The first development financial institution of India was
Correct Answer
(B) IFCI
[#124] In the early stages, commercial banks were
Correct Answer
(A) in private sector
[#125] In computer parlance, "FTP" means:
Correct Answer
(A) File Transfer Protocol