Banking And Financial Institutions - Study Mode

[#391] Debenture holders of a company are its:
Correct Answer

(B) Creditors

[#392] For which of the following reason/s, RBI is the lender of the last resort to scheduled commercial banks?
Correct Answer

(C) RBI meets directly or indirectly all their reasonable demands for financial accommodation subject to certain terms and conditions which constitute its discount rate policy

[#393] In India, used to measure inflation
Correct Answer

(D) All of these

[#394] Reserve Bank of India Act, 1934 prohibits RBI from making or issuing of an expressed to be payable to bearer there of?
Correct Answer

(C) promissory note

[#395] What is/are the following differences between private and public limited companies? 1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company. 2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange. 3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.
Correct Answer

(A) 1 only