The difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994]
a bank interacts directly with customers while an NBFI interacts with banks and governments
a bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises
a bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies
a bank's main interest is to help in business transactions and saving/investment activities while an NBFl's main interest is in the stabilisation of the currency
Correct Answer :
B. a bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises
Related Questions
The first Bank established in India was
Punjab National Bank
Traders Bank
State Bank of India
Bank of Hindustan
Which one of the following Indian banks is not a nationalized bank? [IAS 2006]
Corporation Bank
Dena Bank
Federal bank
Vijaya Bank
How do we define the terms bull and bear with regard to stock markets?
A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price
There is nothing significantly different as both operate in the capital market
Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up
A bull is ready to buy any share; a bear only deals in government securities
What is the animal on the insignia of the RBI ? [CPO SI 2002]
Lion
Tiger
Panther
Elephant
'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011]
those borrowers who do not have a good credit history.
those who wish to take loan against the mortgage of tangible assets.
those who have a good credit history and are known to bank since 10 years.
None of the above
The main difference between shares and debentures is :
debentures can only be issued after shares
shareholders receive dividend on shares whereas debenture holders receive interest on debentures
debentures can be partly converted into shares whereas shares cannot be converted into debentures
shareholders are the owners of the company whereas debenture holders are the creditors of the company
In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?
1976
1979
1980
1982
The number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
According to the RBI directions, a NBFC (Non-Banking Finance Company) must possess a Net-owned Fund of the amount:
minimum Rs.5 lakh
minimum Rs. 10 lakh
minimum Rs. 25 lakh
minimum Rs. 50 lakh
What are gilt-edged securities?
Securities issued by the multinationals
Securities issued by the government
Securities issued by the private sectors
Securities issued by the joint venture companies
In India, the first bank of limited liability managed by Indians and founded in 1881 was:
Hindustan Commercial Bank
Oudh Commercial Bank
Punjab National Bank
Punjab and Sind Bank
As per the reports published- in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector? [Punjab & Sindh Bank 2011]
Credit cards
Loan against gold from financial institute
Debit cards
Money lender
Which of the following statements is/are correct?
1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds
Select the correct answer using the code given below: [CDS 2012]
1 only
2 only
3 only
1 and 3
Basel Committee has given its recommendations on which of the following aspects of banking operations? [RBI Grade B Officer 2011]
Marketing of bank products
Priority sector lending
Risk Management
All of the above
Which of the following provides the largest part of the demand for loanable funds in India?
Farmers
Private-house purchasers
Corporate businesses
Hire-purchase borrowers
Which of the following is now a punishable offence by a Bank Account holder ? [Bank PO 1990]
If a cheque is not crossed
If a post-dated cheque is issued
If a cheque drawn by him is dishonoured for insufficiency of funds in his account
Issuing a cheque without signature
In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011]
Commercial Banks
Cooperative Banks
Regional Rural Banks
Microfinance Institutions
The central banking functions in India are performed by the: [CPO AC 2003]
Central Bank
State Bank of India
Reserve Bank of India
Both b. and c.
Which of the following combinations is correct? [IFS 1989]
NABARD-Industrial Loans
IDBI-Short term loans
RBI-Long term finance
RRB-Agricultural finance
All of the following are subsidiaries of the State Bank of India, except:
State Bank of Bikaner and Jaipur
Central Bank of India
State Bank of Hyderabad
State Bank of Patiala
Which of the following is not an asset held by commercial banks?
Bills of exchange
Current account deposits
Credit balances with the Reserve Bank
Money lent at short notice
A crossed cheque is one, which can be encashed only: [IFS 1991]
by the drawee
through a bank,
at the State Bank of India
after it has been transferred to another person
Who amongst the following has never held post of the Governor of the RBI? [RBI Grade B Officer 2011]
C. Rangarajan
L.K. Jha
Manmohan Singh
Usha Thorat
The National Stock Exchange functions from:
New Delhi
Mumbai
Nagpur
Kolkata
Which of the following organisations in India is mainly' working to meet the credit needs of all types of agricultural and rural development activities?
FCI
IDBI
NABARD
ICAR
Which bank gives long term loan to farmers?
NABARD
Land Development Bank
SBI
Rural banks
The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:
1, 2
2, 3
1, 2, 3
1, 2, 3 and 4
Open market operations of a Central Bank are sale and purchase of:
foreign currencies
corporate securities
trade bills
government securities
Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]
New Bank of India and Bank of India
Central Bank of India and Corporation Bank
Parur Bank of India and Bank of India
Punjab National Bank and New Bank of India
Consider the following statements:
1. ICICI Bank is the largest private sector bank in India.
2. Postal life Insurance is the oldest life insurance organization in India.
Which of the statements give above is/are correct? [IAS 2005]
1 only
2 only
Both 1 and 2
Neither 1 nor 2