banking 2

banking 2

University

10 Qs

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banking 2

banking 2

Assessment

Quiz

Education

University

Practice Problem

Hard

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a function of a Bank

To accept deposits

To waive loans

To grant advances

To supply input to farmers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Commercial Banks in India are governed by

Reserve Bank of India Act, 1934

Indian Companies Act, 1956

Indian Banking Regulation Act, 1949

Securities and Exchange Board of India Act, 1993

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Repo Rate" refers to the rate at which

RBI borrows short term money from the markets

Banks keeps the money with RBI

Bills are discounted by RBI

Forex purchased by RBI

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Securities and Exchange Board of India was not entrusted with the function of

Investor protection

Ensuring fair practices by companies

Promotion of efficient services by brokers

Improving the earning of equity holders

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A __ card is basically a payment mechanism which allows the holder of the card to make purchase without any immediate cash payment

ATM

CREDIT

DEBIT

KISHAN CREDIT

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In India the Commercial Banks are given licence of operation by

The Govt. of India

The Ministry of Finance

Reserve Bank of India

Banking Companies Regulation Act, 1949

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is not non-marketable securities?

Corporate securities

Bank Deposits

Deposits with companies

Post office certificate deposits

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