Banking and Financial Institutions MCQs

Which one of the following methods of Inflation Accounting has been proposed by Sandilands Committee of U.K.?

Consider the following statements regarding mutual funds. 1. Mutual funds can participate in options trading and carrying forward transactions in securities. 2. Mutual funds can invest in transferable securities in the money and capital markets. Which of the statement(s) given above is/are correct?

Which of the following term means that the insured is not entitled to make a profit on his loss?

Lender of the last resort is

Match the following. List-I List-II a. Rate at which RBI gives loans to commercial banks by discounting bills 1. Reverse Repo rate b. Rate at which RBI borrows from commercial banks 2. Repo rate 3. Prime lending rate

Find correct statements about National Small savings fund (NSSF). 1. Money from this fund, is utilized for covering the fiscal deficit of the Union and states. 2. Parliamentary approval is not necessary for utilizing funds from NSSF.

Narsimham committee is related to:

A bearer bond is:

National Income of India is estimated by: