Banking and Finance [Bank-PO (NRA) General-Awareness]: Questions 250 - 254 of 625
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Question 250
Question MCQ▾
SEBI is a/an________.
Choices
Choice (4) | Response | |
---|---|---|
a. | Statutory Body | |
b. | Advisory Body | |
c. | Constitutional Body | |
d. | Non-statutory Body |
Question 251
Question MCQ▾
The power of banks to create credit depends on ________
Choices
Choice (4) | Response | |
---|---|---|
a. | amount of cash with them only | |
b. | amount of cash with them and the safe ratio | |
c. | the reserves with the bank | |
d. | safe ratio only |
Question 252
Question MCQ▾
Which of the following statements is/are TRUE?
Choices
Choice (4) | Response | |
---|---|---|
a. | Savings Bank account can be opened with a minimum initial deposit that varies from bank to bank. | |
b. | There are restriction on number of withdrawals from savings bank account. | |
c. | Current Deposit Accounts are held by big businessmen, companies and institutions. | |
d. | All a., b. and c. are correct |
Question 253
Question MCQ▾
________ 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. | Collective fund | |
b. | Umbrella Fund | |
c. | Group fund | |
d. | All of the above |
Question 254
Appeared in Year: 2014
Question MCQ▾
What are the roles of a Business Correspondent?
Choices
Choice (4) | Response | |
---|---|---|
a. | Business correspondents are bank representatives. AND The Business Correspondent carries a mobile device. | |
b. | They help villagers to open bank accounts. | |
c. | They help villagers in banking transactions. | |
d. | All a., b. and c. are correct |