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Banking and Financial Institutions MCQs

Commerce Objective Questions

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295. Match the following.
List-I List-II
a. Reserve Bank of India 1. 1975
b. Nationalisation of 14 major commercial banks 2. 1935
c. Nationalisation of 6 commercial banks 3. 1969
d. Regional Rural Banks 4. 1980
A. a-1, b-3, c-2, d-4
B. a-3, b-2, c-4, d-1
C. a-4, b-3, c-1, d-2
D. a-2, b-3, c-4, d-1
Discussion
296. Head Quarters of IMF is situated in . . . . . . . .
A. Geneva
B. Paris
C. Manila
D. Washington D.C.
Discussion
297. . . . . . . . . refers to the process of removing or stripping the legal status of a currency.
A. Digitisation
B. Financial Inclusion
C. Demonetisation
D. Micro finance
Discussion
298. A type of insurance that combines protection with investment plan is called
A. whole life
B. limited pay
C. universal
D. endowment
Discussion
299. Investment fund The above attributes are found in:
A. Mutual Funds
B. Venture Capital Funds
C. Qualified Institutional Buyers
D. Domestic Institutional Investors
Discussion
300. Credit gaps can be eliminated by reducing
A. information asymmetry
B. size of the firm
C. Both A and B
D. None of these
Discussion
301. Which type of insurance policy will protect a business from theft and forgery by its employees?
A. Burglary insurance
B. Facility bond
C. Indemnity insurance
D. Liability insurance
Discussion

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