Banking And Financial Institutions - Study Mode
[#311] Uncertain events are broadly classified as:
Correct Answer
(A) predictable and unpredictable
[#312] The Unit Trust of India (UTI) came into existence in
Correct Answer
(B) 1964
[#313] The powers of the Board of Directors to borrow from the bank are mentioned in
Correct Answer
(B) Memorandum of Association
[#314] Which of the following is not true about Immediate Payment Service (IMPS)?
Correct Answer
(D) To use IMPS, both the account holder and beneficiary needs to have Mobile Money Identifier (MMID)
[#315] Money which performs the functions as medium of exchange is called-
Correct Answer
(C) real money