09 - Types of Banks

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1).
What is the name of the central bank of Germany?
2).
In which schedule are the scheduled banks of India listed in the RBI Act, 1934?
3).
Which of these is an International Financial Institution?
4).
What is the main business of commercial banks?
5).
What do we call the banks which provide capital to the firms in the form of shares and engage in underwriting of stocks?
6).
Which of these banks are not-for-profit banks owned by the depositor?
7).
Where was the first Land Development Bank set up in India?
8).
Which is the first co-operative bank in India?
9).
What is not true about Payment bank?
10).
What is the function of a Central Bank?
1. What is the name of the central bank of Germany?
[A] German State Bank
[B] Deutsche Bundesbank
[C] Bayerische Landesbank
[D] HypoVereinsbank
2. In which schedule are the scheduled banks of India listed in the RBI Act, 1934?
[A] 1st
[B] 2nd
[C] 3rd
[D] 4th
3. Which of these is an International Financial Institution?
[A] World Bank
[B] European Investment Bank
[C] Both a and b
[D] None of the above
4. What is the main business of commercial banks?
[A] lending and deposits from public
[B] lending and deposits from corporation
[C] Both a and b
[D] None
5. What do we call the banks which provide capital to the firms in the form of shares and engage in underwriting of stocks?
[A] Commercial Banks
[B] Universal Banks
[C] Merchant Banks
[D] IFI
6. Which of these banks are not-for-profit banks owned by the depositor?
[A] Cooperative banks
[B] Merchant banks
[C] Land Banks
[D] None of the above
7. Where was the first Land Development Bank set up in India?
[A] Punjab
[B] Tamil Nadu
[C] Odisha
[D] Bihar
8. Which is the first co-operative bank in India?
[A] Anyonya Co-operative Bank Limited
[B] Bombay Co-operative Bank Limited
[C] Jamnagar Co-operative Bank Limited
[D] The Hindu Co-operative Bank Limited
9. What is not true about Payment bank?
[A] It cannot issue loans
[B] It can accept deposits
[C] It can issue credit cards
[D] None of the above
10. What is the function of a Central Bank?
[A] Foreign exchange management
[B] Managing currency
[C] Money Supply management
[D] All of the above
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