Banking and Financial Institutions CDS Questions

CDS Economy

Banking and Financial Institutions MCQ Questions


7.
Which of the following is an odd one out for commercial banks?
A.
Act as moneylenders
B.
Issue bank cheque and drafts
C.
Accept money on term deposits
D.
All the above
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ANSWER :
D. All the above
8.
_____ and its six associates are recognised as a separate category of SCBs, because of the distinct statutes that govern them.
A.
Bank of Baroda
B.
State Bank of India
C.
World Bank
D.
Royal Bank of Canada
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ANSWER :
B. State Bank of India
9.
IDBI in Indian economy stands for
A.
Industrial Development Bank of India
B.
Inclusive Development Bank of India
C.
Industrial Depressive Bank of India
D.
Inclusive Depressive Bank of India
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ANSWER :
A. Industrial Development Bank of India
10.
_____ banks and SBI and associates together form the public sector banks group IDBI ltd.
A.
Urbanised
B.
Commercialised
C.
Nationalised
D.
Organised
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ANSWER :
C. Nationalised
11.
_____ are present in the country either through complete branch/subsidiary route presence or through their representative offices.
A.
Public sector banks
B.
Foreign Banks
C.
Private Banks
D.
Nationalised Banks
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ANSWER :
B. Foreign Banks
12.
Regional Rural Banks were established with an objective to ensure sufficient institutional credit for _____ and other rural sectors.
A.
Education
B.
Agriculture
C.
Technology
D.
Medical
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ANSWER :
B. Agriculture