Banking And Financial Institutions - Study Mode

[#361] Which of the following is not a function of Foreign Exchange Market?
Correct Answer

(A) Stabilization function

[#362] Which of the following institution was first established
Correct Answer

(C) Industrial Finance Corporation (IFCI)

[#363] Skimming' in e-banking refers to
Correct Answer

(A) Identifying fraudsters copying vital information from credit cards

[#364] Which of the following are the core objectives of the FSDC? 1. Acts as an apex level forum to strengthen and institutionalize the mechanism for maintaining financial stability 2. Enhance inter-regulatory coordination and promoting financial sector development in the country
Correct Answer

(C) Both 1 and 2

[#365] Which of the following is not the principle of insurance?
Correct Answer

(C) Maximisation of profit