Banking And Financial Institutions - Study Mode

[#381] The system of note issue adopted by RBI is
Correct Answer

(B) Minimum reserve method

[#382] Short-term deposits by mutual funds can only be placed with
Correct Answer

(B) scheduled banks

[#383] Which document is not considered in 'KYC' norms?
Correct Answer

(D) Bill of Exchange

[#384] When was the Industrial Finance Corporation of India setup in India?
Correct Answer

(B) 1948

[#385] When the value of the metal of a coin is less than its face value, it is said to be
Correct Answer

(B) Representative currency