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Banking and Financial Institutions MCQs

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Question 10hard
By which scholar insurance defined as "insurance is a social device for making accumulation to meet uncertain losses of capital which is carried out through the transfer of risk of many individual to one person or to a group of persons"?
Question 11easy
Which of the following statements is not correct:
Question 12medium
A sub-standard asset refers to:
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Question 13easy
Off Shore Banking Unit is:
Question 14hard
A seller's market in which insurance is expensive and in short supply is termed as . . . . . . . .
Question 15hard
Which one of the following development financial institutions in India has started the special refinance scheme for the resettlement and rehabilitation of voluntary retired workers of the National Textile Corporation of lndia?
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Question 16hard
Assertion (A): The Central Bank of the country is responsible to maintain stability of the monetary standard which involves currency circulation. Reason (R): The Central Bank is the only authorised entity to do so.
Question 17medium
Capitalization of Reserves is carried out by issue of . . . . . . . . to the existing shareholders.
Question 18easy
The regulatory authority of Regional Rural Banks is