Multiple Choice
"Sans recourse" means….
A) I am not afraid
B) Do not touch me
C) Ask the drawer
D) Without liability to me
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The first bank established in India was….<br>A)Bank
Q8: Schedule banks are those banks which are
Q9: Merchant banking includes<br>A)Managing issues of shares<br>B)Opening branches
Q10: Lead banking scheme is meant for…..<br>A)Widening banking
Q11: Who regulates the money circulation in India?<br>A)SBI<br>B)RBI<br>C)NABARD<br>D)Commercial
Q13: Banks create money by<br>A)Liberal credit<br>B)Differential instrument<br>C)Accepting deposit<br>D)All
Q14: Credit rationing is a………….method of credit control<br>A)Quantitative<br>B)Qualitative<br>C)Direct<br>D)Continues
Q15: What is the expansion of IDBI?<br>A)Industrial development
Q16: The RBI was originally constituted as a
Q17: The banker advances money against immovable property