Quiz for the day : 21.02.2020
Q 001. Which of the following process /system, facilitates the transformation of the savings into investments and consumption:
A. banking systemB. insurance marketC. capital marketD. all the aboveE. None of the aboveAns: Kindly post your answer in comment box
Q 002. Which of the following can be called as intermediary in the financial system?
A. Insurance companiesB. Banking companiesC. Mutual fundsD. Financial institutionsE. None of the aboveAns: Kindly post your answer in comment box
Q 003. No person other than a bank is authorized to accept deposits in India, that are withdraw able by ________ as per provisions of section________ of __________Act
A.Cheque,26A,Banking regulation ActB.Cheque,49A,Banking regulation ActC. Withdrawal, 49A , RBI ActD. Cheque, 26A, RBI ActE. None of the aboveAns: Kindly post your answer in comment box
Q 004. Which of following cannot be included in the definition of a ‘financial intermediary’?
A. banks and non-bank finance companiesB. financial institutionsC. mutual fundsD. companies engaged in manufacturing of goodsE. None of the aboveAns: Kindly post your answer in comment box
Q 005. Regional rural banks have been set up with the basic objectives of:
A. providing credit to semi-urban &urban populationB. providing deposits facilities to farmersC. providing credit & deposit facilities to rural areasD. providing credit, deposit and other banking facilities to people in rural areasE. None of the aboveAns: Kindly post your answer in comment box