Banking and Finance (Bank-PO (IBPS) General-Awareness): Questions 248 - 253 of 620

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Question number: 248

» Banking and Finance

MCQ▾

Question

Which of the following institutions of World Bank Group provides loan to private sector?

Choices

Choice (4) Response

a.

IFC

b.

MIGA

c.

IBRD

d.

ICSID

Question number: 249

» Banking and Finance

MCQ▾

Question

SEBI is a/an________.

Choices

Choice (4) Response

a.

Constitutional Body

b.

Statutory Body

c.

Advisory Body

d.

Non-statutory Body

Question number: 250

» Banking and Finance

MCQ▾

Question

The power of banks to create credit depends on ________

Choices

Choice (4) Response

a.

the reserves with the bank

b.

safe ratio only

c.

amount of cash with them and the safe ratio

d.

amount of cash with them only

Question number: 251

» Banking and Finance

MCQ▾

Question

Which of the following statements is/are TRUE?

Choices

Choice (4) Response

a.

Current Deposit Accounts are held by big businessmen, companies and institutions.

b.

All of the above

c.

There are restriction on number of withdrawals from savings bank account.

d.

Savings Bank account can be opened with a minimum initial deposit that varies from bank to bank.

Question number: 252

» Banking and Finance

MCQ▾

Question

________ is a collective investment scheme that exists as a single legal entity but has several distinct sub-funds which, in effect, are traded as individual investment funds.

Choices

Choice (4) Response

a.

Group fund

b.

Collective fund

c.

Umbrella Fund

d.

Question does not provide sufficient data or is vague

Question number: 253

» Banking and Finance

Appeared in Year: 2014

MCQ▾

Question

What are the roles of a Business Correspondent?

Choices

Choice (4) Response

a.

They help villagers in banking transactions.

AND

Business correspondents are bank representatives.

b.

They help villagers to open bank accounts.

c.

The Business Correspondent carries a mobile device.

d.

All a. , b. and c. are correct

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