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MCQs

Total Questions : 461 | Page 40 of 47 pages
Question 391. The Know Your Customer (KYC) norms of opening a bank account has been relaxed for the accounts with minimum balance of
  1.    Rs.1,00,000/-
  2.    Rs.25,000/-
  3.    Rs.50,000/-
  4.    Rs.75,000/-
 Discuss Question
Answer: Option C. -> Rs.50,000/-
Question 392. The Bank for International Settlements (BIS) which provides the Banking supervision accords is located in which country
  1.    England
  2.    USA
  3.    France
  4.    Switzerland
 Discuss Question
Answer: Option D. -> Switzerland
Question 393. The Capital Market of Indian financial system deals with which of the following funds?
  1.    Hedge funds
  2.    Short-term funds
  3.    Long-term Funds
  4.    Government Funds
 Discuss Question
Answer: Option C. -> Long-term Funds
Question 394. Which of the below acts as the principle regulator in the capital market in India?
  1.    IRDA
  2.    RBI
  3.    SIDBI
  4.    SEBI
 Discuss Question
Answer: Option D. -> SEBI
Question 395. The security which is a claim on the government and is a secure financial instrument guarantees certainty of both capital and interest is called?
  1.    Gilt-Edged Security
  2.    Call Money
  3.    Treasury Bills
  4.    Certificate of Deposits
 Discuss Question
Answer: Option A. -> Gilt-Edged Security
Question 396. Reserve Bank of India was setup on the recommendations of which of the following commission/committee?
  1.    Royal Commission
  2.    Hilton Young Commission
  3.    Dantwala Committee
  4.    D R Mehta Commission
 Discuss Question
Answer: Option B. -> Hilton Young Commission
Question 397. Banks generally borrow funds from which of the following money markets to meet the mandatory Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) requirements as stipulated by the Central bank?
  1.    Notice Money Market
  2.    Call Money Market
  3.    Bill Market
  4.    Money Market
 Discuss Question
Answer: Option B. -> Call Money Market
Question 398. The Deposit insurance facility provided by the DICGC is not available for which of the following
  1.    LIC
  2.    GIC
  3.    SIDBI
  4.    NBFCs
 Discuss Question
Answer: Option D. -> NBFCs
Question 399. With the aim of achieving Financial Inclusion, Reserve Bank Of India has issued guidelines permitting the banks to employ ____ to facilitate Business Development.
  1.    Business Correspondents
  2.    Franchisees
  3.    Business Facilitators
  4.    Both a and c
 Discuss Question
Answer: Option D. -> Both a and c
Question 400. In respect of CGTMSE (Credit Guarantee fund Trust for Micro and Small Enterprises) No collateral and no third party guarantee for fund based and non fund based credit facilities up to ___
  1.    Rs. 10.00 lakhs
  2.    Rs. 5.00 lakhs
  3.    Rs.100 lakhs
  4.    Rs. 5 lakhs
 Discuss Question
Answer: Option C. -> Rs.100 lakhs

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