Banking And Financial Institutions - Practice Test

[#296] Which of the following are the sponsors of different Regional Rural Banks that operate in few districts at the most?

(A) Government of India

(B) Reserve Bank of India

(C) Nationalized Commercial Banks

(D) None of these

Correct Answer

(C) Nationalized Commercial Banks

[#297] Settlement risk can be avoided only if:

(A) settlements are made on real time basis

(B) there is a global settlement agency

(C) foreign exchange transactions are traded in Derivatives

(D) All of the above

Correct Answer

(A) settlements are made on real time basis

[#298] A bearer bond is:

(A) an instrument evidencing a debt in the name of the holder

(B) an instrument of loan issued by scheduled commercial bank

(C) an instrument stating that the bearer thereof is entitled to receive payment of a certain sum on the maturity date as per the terms of the particular loan for which the bond is issued

(D) All of the above

Correct Answer

(C) an instrument stating that the bearer thereof is entitled to receive payment of a certain sum on the maturity date as per the terms of the particular loan for which the bond is issued

[#299] National Income of India is estimated by:

(A) Central Estimates Survey Committee

(B) National Sample Survey Committee

(C) Central Statistical Organization

(D) Finance Ministry

Correct Answer

(C) Central Statistical Organization

[#300] The bank rate means

(A) rate at which RBI purchases or rediscounts bills of exchange of commercial banks

(B) rate of interest allowed by commercial banks on their deposits

(C) rate of interest charged by commercial banks from borrowers

(D) rate of interest at which commercial banks discounted bills of their borrowers

Correct Answer

(A) rate at which RBI purchases or rediscounts bills of exchange of commercial banks

Banking And Financial Institutions - Study Mode

[#296] Which of the following are the sponsors of different Regional Rural Banks that operate in few districts at the most?

Correct Answer

[#297] Settlement risk can be avoided only if:

Correct Answer

[#298] A bearer bond is:

Correct Answer

[#299] National Income of India is estimated by:

Correct Answer

[#300] The bank rate means

Correct Answer