Banking And Financial Institutions - Study Mode
[#426] The financial market for securities with maturities of less than one year is known as
Correct Answer
(C) money market
[#427] Which of the following statement is incorrect?
Correct Answer
(C) Non-priority sector lending was the objective behind nationalisation of banks in India
[#428] In India, the system of decimal coinage was introduced on:
Correct Answer
(C) 1 st April, 1957
[#429] The market for transaction of government securities is called:
Correct Answer
(A) Gilt-edged market
[#430] Which of the following statement/s is/are correct regarding payments banks? 1. Payments banks can accept deposits up to Rs. 5 lakhs under savings and current accounts. 2. Payments banks can issue both credit and debit cards.
Correct Answer
(D) Neither 1 nor 2 is correct