Banking And Financial Institutions - Study Mode
[#151] Universal banking is the combination of commercial banking with
Correct Answer
(C) Both A and B
[#152] Which one of the following is not the fund based business of commercial banks?
Correct Answer
(B) Issuance of Letters of Credit
[#153] Which one of the following is not a measure of credit control?
Correct Answer
(C) Credit deposit ratio
[#154] Match the following definitions with their authors List-I (Definition of money) List-II (Economist) a. Money is what money does 1. Walker b. Anything that is widely accepted in exchange for goods or business obligations 2. G. D. H. Cole c. The essence of money is that after a function of circulation can be given from one hand to another for another task 3. D. H. Robertson d. A commodity for which there is a general acceptance 4. Seligman
Correct Answer
(B) a-1, b-3, c-2, d-4
[#155] One of the following is not correct in regard to Capital Market:
Correct Answer
(B) Maturity Period less than one year