Banking And Financial Institutions - Study Mode

[#166] Generally, the lead bank in a district is the bank which is:
Correct Answer

(C) identified to coordinate implementation of the District Credit Plan

[#167] Mutual funds need to calculate NAV for each calendar . . . . . . . . for their liquid fund schemes and plans.
Correct Answer

(A) day

[#168] Which is the apex financing institute for agriculture?
Correct Answer

(C) NABARD

[#169] Match the following. List-I (Mutual Fund Schemes) List-II (Characteristics) a. Open-ended mutual fund schemes 1. It offers capital appreciation of the underlying investment. b. Close-ended mutual fund scheme 2. It is a fund accepted and liquidated on a continuous basis by a mutual fund manager. c. Growth fund scheme 3. It is also known as regional or country fund. d. Off-shore mutual fund 4. No exit possible till the closure of the scheme.
Correct Answer

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

[#170] Which of the following dates was suggested by Nachiket Mor Committee that was set up by RBI for issuing vision statements?
Correct Answer

(A) Bank account for every citizen by 2016