banking, security market & insurance section 4 MCQ Questions & Answers Detailed Explanation
MOST IMPORTANT indian economy mcq - 5 EXERCISES
The following question based on Banking, Security Market & Insurance topic of indian economy mcq
- It is third entities that get approval from Reserve Bank of India.
- It can accept deposits up to 3 lakh per account from individuals.
(a) 1 and 2
(b) Only 2
(c) Only 1
(d) None of the above
The correct answers to the above question in:
Answer: (c)
India Post Payments Bank is the third entity to receive payments bank permit after Airtel and Paytm.
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Question : 1
Which one of the following is related to the regulation of stock exchange operations?
a) Stock holding corporation of India
b) SEBI
c) SIDBI
d) SAIL
Answer »Answer: (b)
Question : 2
With reference to Asian Development Bank, consider the following statements
- The United States has the largest proportion of shares in the voting system.
- China and India have the same percentage of shares for the voting system.
a) Both I and II
b) Only II
c) Only I
d) Neither I nor II
Answer »Answer: (d)
Largest Shareholdings
- Japan (15.6%)
- US (15.5%)
- China (6.5%)
- India (6.3%)
Question : 3
The Indian Life Insurance Company ‘Aviva India’ is a joint venture between Aviva pic, a British insurance Company and the Indian conglomerate
a) Dabur Group
b) L and T Group
c) Tata Group
d) TVS Group
Answer »Answer: (a)
Aviva India is an Indian life assurance company, and a joint venture between Aviva plc, a British assurance company, and Dabur Group, an Indian conglomerate.
Question : 4
The Bank rate is the rate at which
a) the RBI gives credit to the commercial banks.
b) the RBI lends to the public.
c) a bank lends to the public.
d) the Government of India lends to other countries.
Answer »Answer: (a)
Bank rate is that rate at which RBI gives credit to Commercial Banks.
Question : 5
The Bandhan Banking Limited is an Indian banking and financial services company Headquartered in
a) Hyderabad, Telangana
b) New Delhi, Delhi
c) Mumbai, Maharashtra
d) Kolkata, West Bengal
Answer »Answer: (d)
Bandhan Bank was incorporated on 23 December 2014 as a wholly owned subsidiary of Bandhan Financial Holdings with its headquarters at Kolkata, West Bengal, India.
Question : 6
To prevent recurrence of scams in Indian capital market the Government of India has assigned regulatory power to
a) ICICI
b) RBI
c) SBI
d) SEBI
Answer »Answer: (d)
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