Banking And Financial Institutions - Study Mode
[#181] Match the following. List-I List-II a. State Cooperative Banks 1. Government has a major holdings. b. Indigenous Banks 2. 50% - 90% of the working capital is contributed by RBI. c. Public Sector Banks 3. Comes under the ambit of the RBI control. d. Non-scheduled Banks 4. Operated by seths, sahukars, mahajans, sardars etc.
Correct Answer
(B) a-2, b-4, c-1, d-3
[#182] What is a mutual fund? 1. A type of collective investment scheme that pools money from many investors and invests it in stocks, bonds or other money market instruments. 2. It is a subsidiary of a bank or financial company created specially to raise money to be invested in a particular industry such as housing, infrastructure, etc. 3. When several banks and financial companies come together and create a common pool of money to fund mega infrastructural project like bridges, roads, power plants, etc., the common pool is known as mutual fund.
Correct Answer
(C) Only 1
[#183] Which of the following financial institutions is not with in the supervisory purview of Reserve Bank of India?
Correct Answer
(C) Mutual Funds
[#184] What is the maximum brokerage that can be charged by an NSE trading member for a deal in government securities for Rs. 20 million?
Correct Answer
(A) Rs. 30,000
[#185] The provisions of General Reserve in Banking Companies are made keeping in view the provisions of
Correct Answer
(B) Banking Companies Act, 1949