banking, security market & insurance section 3 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16 [BOM-PO 2016]

The ‘Mudra Bank’ is a subsidiary of

a) IFCI

b) RBI

c) ICICI

d) SIDBI

Question : 17

Which is not a source of agriculture finance in India?

a) Regional Rural Banks

b) Commercial Banks

c) Co-operative societies

d) None of these

Question : 18 [UBI-PO 2016]

Who decides the rate of interest on savings bank deposits?

a) Reserve Bank of India

b) Indian Banks Association

c) Ministry of Finance

d) Individual Banks

Question : 19 [UP-PCS 2011]

Which one of the following is different from the others from the point of view of ownership?

a) Kisan Vikas Patra

b) Bank Fixed Deposit

c) LIC Policy

d) Debenture of a Company

Question : 20 [BOM-PO 2016]

‘SFMS’ is a secure messaging standard developed to serve as a platform for intra-bank and inter-bank applications. The first letter ‘S’ in the abbreviation ‘SFMS’ stands for

a) Standard

b) Simplified

c) Structured

d) Sheltered