Banking and Insurance MCQs and Notes

M

Mr. Dubey • 52.77K Points
Coach

Q 391. The State Bank of India was established under the State Bank of India Act on ----------------.

(A) 1935
(B) 1948
(C) 1955
(D) 1952

M

Mr. Dubey • 52.77K Points
Coach

Q 392. The nationalization of 14 commercial bank was on -----------------------.

(A) 19 July 1969
(B) 15 Aug 1972
(C) 15 April 1980
(D) 19 Jan 1959

M

Mr. Dubey • 52.77K Points
Coach

Q 393. Rediscounting and giving advance the central bank charges interest at a rate which is known as --------------.

(A) CRR
(B) SLR
(C) Bank rate
(D) Credit

M

Mr. Dubey • 52.77K Points
Coach

Q 394. Commercial banks to expand deposit through expanding their loans and advances is known as--------.

(A) Credit creation
(B) Trade discount
(C) Deposit
(D) Bank advances

M

Mr. Dubey • 52.77K Points
Coach

Q 395. Demand deposit also known as ---------------- .

(A) Current a/c
(B) Fixed Deposit a/c
(C) Capital a/c
(D) Recurring Deposit

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