Multiple Choice
Merchant banking includes
A) Managing issues of shares
B) Opening branches in mandis or bazaars
C) Financing intermediary businessman
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Reserve Bank of India was nationalized in
Q5: Collection of cheques for the customer is
Q6: NABARD is a …<br>A)Department of RBI<br>B)Wholly owned
Q7: The first bank established in India was….<br>A)Bank
Q8: Schedule banks are those banks which are
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
Q12: "Sans recourse" means….<br>A)I am not afraid<br>B)Do not
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