Top 80+ Solved Modern Banking and Insurance MCQ Questions Answer

From 16 to 30 of 95

Q. Which one is the banker’s bank?

a. rbi

b. federal bank

c. union bank

d. bank of india.

  • a. rbi

Q. Which one is the custodian of foreign balances of country?

a. rbi

b. federal bank

c. union bank

d. bank of india.

  • a. rbi

Q. Which one is the controller of credit?

a. rbi

b. federal bank

c. union bank

d. bank of india.

  • a. rbi

Q. IFCI was established in the year................

a. 1948

b. 1956

c. 1935

d. 1934.

  • a. 1948

Q. Money market is a part of

a. capital market

b. rbi

c. sbt

d. financial market.

  • d. financial market.

Q. Money market is a market for-------------------fund

a. short term fund

b. long term fund

c. secular fund

d. mid term fun

  • a. short term fund

Q. CDs was introduced in:

a. 1989

b. 1982

c. 1985

d. 1990

  • a. 1989

Q. Commercial papers were introduced in:

a. 1989

b. 1982

c. 1985

d. 1990

  • d. 1990

Q. Treasury bills are issued by

a. rbi

b. imf

c. ibrd

d. ifci.

  • a. rbi

Q. Treasury bills are available for minimum amount of Rs.-------------------

a. 20000

b. 25000

c. 10000

d. 30000.

  • b. 25000

Q. The government of India passed the SFC Act in ---------------------

a. 1951

b. 1960

c. 1945

d. 1950.

  • a. 1951

Q. Maturity period of CDs ranges from

a. above 1 year

b. 3 months to 1 year

c. 5 month

d. 1 month.

  • b. 3 months to 1 year

Q. MMMFs was introduced by

a. rbi

b. commercial bank

c. adb

d. idbi.

  • a. rbi

Q. MMMFs was introduced in

a. 1990

b. 1991

c. 1992

d. 1993

  • c. 1992

Q. The goal of MMMFs was to provide short term avenue to:

a. farmers

b. businessmen

c. investors

d. unemployed

  • c. investors
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