Banking and Finance (Bank-PO General-Awareness): Questions 235 - 240 of 620

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Question number: 235

» Banking and Finance

MCQ▾

Question

What is understood by Fiduciary Issue of currency?

Choices

Choice (4) Response

a.

The issue of currency notes keeping gold or silver as deposit

b.

The issue of currency notes with comparative gold or silver deposits

c.

The issue of currency notes without keeping gold or silver as deposit

d.

The issue of currency notes with partial gold or silver deposits

Question number: 236

» Banking and Finance

MCQ▾

Question

Accounts maintained by Foreign Banks in India?

Choices

Choice (4) Response

a.

Nostro

b.

Vostro

c.

All of the above

d.

Question does not provide sufficient data or is vague

Question number: 237

» Banking and Finance

MCQ▾

Question

Which organization is meant to ensure exports from India?

Choices

Choice (4) Response

a.

Ministry of Finance

b.

EXIM Bank

c.

ECGC

d.

Ministry of Commerce

Question number: 238

» Banking and Finance

MCQ▾

Question

Which among the following is not an aim of Nationalization of banks?

Choices

Choice (4) Response

a.

Encouragement of new class of entrepreneurs

b.

Removal of control by a few capitalists

c.

Provision of credit to big industries only

d.

All of the above

Question number: 239

» Banking and Finance

MCQ▾

Question

What is the minimum age required to open a current account?

Choices

Choice (4) Response

a.

17 years

b.

18 years

c.

25 years

d.

21 years

Question number: 240

» Banking and Finance

MCQ▾

Question

What is PSU Bonds?

Choices

Choice (4) Response

a.

It is issued by Public Sector Undertakings.

b.

It is Medium or long term debt instruments

c.

Both a. and b. are correct

d.

None of the above

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