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Banking and Financial Institutions MCQs

Commerce Objective Questions



512. Which of the following is not the liability of commercial banks?
Discussion

513. FEMA was implemented in the year . . . . . . . . in India.
Discussion

514. What is the difference between primary and secondary markets?
1. Primary markets help in capital formation, while secondary capital provides liquidity to the investor
2. Initial public offerings are undertaken in both primary and secondary markets
3. Stock exchanges are an example of secondary markets
Discussion

515. Functions of money is
Discussion

516. In a mutual fund, the trust acts through . . . . . . . . who are appointed by the sponsor.
Discussion

517. Which bank is called the 'Bank of Issue'?
Discussion

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