Banking And Financial Institutions - Study Mode

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[#421] Which of the following is not an example of a method of protection of risk?

(A) Group insurance plans

(B) Employee benefits

(C) Social insurance

(D) Humanitarian aid

Correct Answer

(D) Humanitarian aid

[#422] Which of the following banks launched India's first UPI (Unified Payments Interface) based mobile payments app?

(A) Yes Bank

(B) ICICI Bank

(C) Bank of Baroda

(D) United Bank of India

Correct Answer

(A) Yes Bank

[#423] Which of the following is not the liability of commercial banks?

(A) Security holdings

(B) Treasury deposits at banks

(C) Demand deposits and time deposits

(D) Borrowing from Central Banks

Correct Answer

(A) Security holdings

[#424] Which of the following statement/s is/are reference to money markets? 1. Call money refers to borrowing/lending of funds on overnight basis. 2. Notice money refers to borrowing/lending of funds for a period exceeding 14 days.

(A) 1 only

(B) 2 only

(C) Both 1 and 2

(D) Neither 1 and 2

Correct Answer

(A) 1 only

[#425] Consider the following statements. 1. Transfer and transmission of shares are the same thing. 2. 'Stag' is a speculative person who applies for shares in a new issue expected to be over subscribed to make profit by selling such shares at a premium. 3. Stock is a bundle of fully paid shares put together for convenience. Which of the statement(s) given above is/are correct?

(A) Both 1 and 2

(B) Both 2 and 3

(C) Only 3

(D) Only 2

Correct Answer

(B) Both 2 and 3