Banking And Financial Institutions - Study Mode

[#221] The institution which provides long term loans for big industrial projects is called:
Correct Answer

(A) Development Bank

[#222] FDI beyond 49%, but upto 74% in private banking sector of India is allowed through
Correct Answer

(A) automatic route

[#223] Which of the following is not a liability of a commercial bank?
Correct Answer

(D) Balance deposits with the central bank and other banks

[#224] Scheduled banks are
Correct Answer

(C) Included in the II schedule of RBI

[#225] Which bank is a specialized financial institution for financing, facilitating and promoting foreign trade of India?
Correct Answer

(A) EXIM Bank