Banking and Financial Institutions Objective Questions and Answers

694. Who is authorised to issue currency in India?

695. Which one of the following is used for international money transfer?

696. Which of the following is a short-term debt obligation of a Central Government that are issued to mature in 3 to 12 months?

A. Commercial paper

B. Bonds

C. Certificate of Deposits

D. Treasury Bill

Discussion

697. Which bank has secured four awards for inclusive insurance in 2016 from Skoch Group?

A. Karnataka Vikas Grameen Bank

B. Telangana Grameen Vikas Bank

C. Prathama Gramin Bank

D. Vidarbha Konkan Gramin Bank

Discussion

698. Why venture capital is considered risky in nature?
1. The business plan in which venture capitalists invest is usually non-conventional in nature
2. Venture capitalists contribute towards a debt of the product
3. Venture capitalists contribute money for a long time period

699. Which of the following is not true about Small Finance Bank?

A. Maximum loan size to a single person cannot exceed 10% of total capital funds; cannot exceed 15% in the case of a group

B. At least 50% of its loans should constitute loans and advances of up to 25 lakhs

C. Minimum paid-up equity capital requirement of Small Finance Banks is Rs. 100 crores

D. They can set up subsidiaries to undertake non-banking financial service activities

Discussion

700. Net National Product is equivalent to:

A. Gross Domestic Product minus Depreciation

B. Gross National Product minus Indirect Taxes

C. Net National Income minus Depreciation

D. Gross National Product minus Depreciation

Discussion

Banking and Financial Institutions MCQs