Banking And Financial Institutions - Study Mode

[#276] When the insurance companies ties up with banks to sell insurance, such product is called:
Correct Answer

(C) Bancassurance

[#277] Which of the following statement/s is/are correct? 1. Payment bank cannot issue credit cards. 2. There is a limit on maximum balance of individual customer in payment bank. 3. SLR requirements for payment banks and small banks is less than commercial banks. 4. Priority sector lending up to 40% is mandatory for both private banks and small banks.
Correct Answer

(C) 1 and 2

[#278] The powers of Controller of Capital Issues of India is now shifted of
Correct Answer

(B) SEBI

[#279] The major outcome of the Bretton Woods Conference was:
Correct Answer

(D) Establishment of IMF and IBRD

[#280] Which is the measure of quantitative credit control is not
Correct Answer

(D) Credit rationing/rationing of credit