Consider the following statements:
The functions of commercial banks in India include:
1. Purchase and sale of shares and securities on behalf of customers
2. Acting as executors and trustees of wills
Consider the following statements:
The functions of commercial banks in India include:
1. Purchase and sale of shares and securities on behalf of customers
2. Acting as executors and trustees of wills
Select an option to verify your answer
With reference to the institution of Banking Ombudsman in India, which one of the statements is not correct?
Select an option to verify your answer
In India, the interest rate on savings accounts in all the nationalized commercial banks is fixed by
Select an option to verify your answer
In the parlance of financial investments, the term ‘bear’ denotes:
Select an option to verify your answer
With reference to the Non-banking Financial Companies(NBFCs) in India, consider the following statements:
1. They cannot engage in the acquisition of securities issued by the government.
2. They cannot accept demand deposits like Savings Account
Select an option to verify your answer
Which of the following terms indicates a mechanism used by commercial banks for providing credit to the government?
Select an option to verify your answer
Which of the following is/are treated as artificial currency?
Select an option to verify your answer
With reference to India, consider the following:
1. Nationalization of Banks
2. Formation of Regional Rural Banks
3. Adoption of villages by Bank Branches
Which of the above can be considered as steps taken to achieve the “financial inclusion” in India?
Select an option to verify your answer
Consider the following statements:
In India, taxes on transactions in Stock Exchanges and Futures Markets are
1. levied by the Union
2. collected by the States
Select an option to verify your answer
The International Development Association, a lending agency, is administered by the:
Select an option to verify your answer