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<html><body><h2 id="content-id-7368925104-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ssc Mts Exam and the type of question asked in Ssc Mts exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-3052197684-3"><b>Question On Banking And Financial Institutions </b></h2>How many types of NRI accounts are there in India?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 32 Seconds </h3></div></div><h2 id="content-id-7642508931-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p>2</p>
</li><li><p>4</p>
</li><li><p>3</p>
</li><li><p>5</p>
</li><li><p>None of these</p>
</li></ol> <h2 id="content-id-1736245908-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p>The correct answer is <strong>Option 3 </strong>i.e.<strong> 3.</strong></p>

<ul>
	<li>There are 3<strong> </strong>types of NRI (Non-Resident Indians) accounts in India.</li>
</ul>

<ol>
	<li><strong>NRE Account - </strong>NRE stands for<strong> </strong>Non-Resident External. This is a rupee-dominated account opened by an NRI to facilitate the deposit of foreign currency earnings.</li>
	<li><strong>NRO Account - </strong>NRO stands for<strong> </strong>Non-Resident Ordinary. </li>
	<li><strong>FCNR</strong> <strong>Account - </strong>FCNR stands for Foreign Currency Non-Resident Account. An FCNR bank account is a fixed-term account that can be opened by an NRI or a PIO to transfer their foreign income in the same currency.</li>
</ol>
<h2 id="content-id-2480531796-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Mts Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-mts" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


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Banking And Financial Institutions Questions

How many types of NRI acc - Banking And Financial Institutions Questions for Ssc Mts

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<html><body><h2 id="content-id-9641305278-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ssc Mts Exam and the type of question asked in Ssc Mts exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-0753649218-3"><b>Question On Banking And Financial Institutions </b></h2>Match the items of List-I with list-II

        List-I                                                       List-II

A. Relationship Banking         (i) Dealing in hundis and acceptance of deposits. 

B. Merchant Banking              (ii) Widening the entrepreneurial base and assist in a rapid rate of industrial growth. 

C. Indigenous Banking           (iii) Engaged in the business of capital Issue Management. 

D. Development Banking        (iv) Creating, maintaining and enhancing strong relationship with customers. 

Choose the correct code from below:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 63 Seconds </h3></div></div><h2 id="content-id-1784095362-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">A (ii) B (iii) C (i)  D (iv)  </span></p>
</li><li><p><span style="font-size:14px">A (iv) B (ii) C (i)  D (iii)  </span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iii)  D (iv)  </span></p>
</li><li><p><span style="font-size:14px">A (iv) B (iii) C (ii)  D (i)  </span></p>
</li></ol> <h2 id="content-id-0692351784-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i,e. <strong><span style="font-size:14px">A (iv) B (ii) C (i)  D (iii) </span></strong></p>

<ul>
	<li><span style="font-size:14px">Relationship Banking: Creating, maintaining and enhancing strong relationship with customers.  </span></li>
	<li><span style="font-size:14px">Merchant Banking : Widening the entrepreneurial base and assist in a rapid rate of industrial growth.</span></li>
	<li><span style="font-size:14px">Indigenous Banking: Dealing in hundis and acceptance of deposits</span></li>
	<li><span style="font-size:14px">Development Banking:  Engaged in the business of capital Issue Management. </span></li>
</ul>

<p style="text-align:justify"><span style="font-size:14px"> </span></p>
<h2 id="content-id-3175260894-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Mts Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-mts" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


Match the items of List- - Banking And Financial Institutions Questions for Ssc Mts

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<html><body><h2 id="content-id-2130698457-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ssc Chsl Exam and the type of question asked in Ssc Chsl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-5690172348-3"><b>Question On Banking And Financial Institutions </b></h2>Match the items of list-I with list II.


	
		
			List-I
			List-II
		
		
			 A. IFCI
			(i) 1991
		
		
			 B. Narsimham Committee-I
			(ii) 1948
		
		
			 C. Basel-I
			(iii) 1949
		
		
			 D. RBI Nationalisation 
			(iv) 1988
		
	

<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 37 Seconds </h3></div></div><h2 id="content-id-1829604735-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">A (ii) B (i) C (iv) D (iii)</span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iv) D (iii)</span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iii) D (iv)</span></p>
</li><li><p><span style="font-size:14px">A (iv) B (ii) C (i) D (iii)</span></p>
</li></ol> <h2 id="content-id-1205386749-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p>The correct answer is <strong>option 1</strong> i.e,<strong> <span style="font-size:14px">A (ii) B (i) C (iv) D (iii)</span></strong></p>

<ul>
	<li><span style="font-size:14px">IFCI: 1948</span></li>
	<li><span style="font-size:14px">Narsimham Committee-I: 1991</span></li>
	<li><span style="font-size:14px">Basel-I: 1988</span></li>
	<li><span style="font-size:14px">RBI Nationalisation: 1949</span></li>
</ul>
<h2 id="content-id-5709312648-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Chsl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-chsl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


Match the items of list-I - Banking And Financial Institutions Questions for Ssc Chsl

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-7895320461-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-7186954230-3"><b>Question On Banking And Financial Institutions </b></h2>Match the items of List-I with List-II
            List-I                                           List-II
A. Narsimham Committee-I               (i)  1934
B. Basel Norms –I                               (ii)  1969
C. Nationalization of Banks               (iii) 1988
D. RBI Act                                              (iv) 1991

Choose the correct code from below:               
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 63 Seconds </h3></div></div><h2 id="content-id-3198672054-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">A (iv) B (i) C (iii) D (ii)</span></p>
</li><li><p><span style="font-size:14px">A (iv) B (ii) C (i) D (iii)</span></p>
</li><li><p><span style="font-size:14px">A (iv) B (iii) C (ii) D (i)</span></p>
</li><li><p><span style="font-size:14px">A (i) B (ii) C (iii) D (iv)</span></p>
</li></ol> <h2 id="content-id-3645920718-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p><span style="font-size:14px">The <strong>correct answer is Option 3. i.e. A (iv) B (iii) C (ii) D (i)</strong></span></p>

<ul>
	<li><span style="font-size:14px">Narasimhan Committee-I: formed in 1991</span></li>
	<li><span style="font-size:14px">Basel Norms I: Basel Capital Accord was introduced in 1988 for Banking reforms.</span></li>
	<li><span style="font-size:14px">Nationalization of Banks: Nationalisation of 14 Banks took place in1969</span></li>
	<li><span style="font-size:14px">Reserve Bank of India was established in 1935 under RBI Act 1934                    </span></li>
</ul>
<h2 id="content-id-0217843695-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ibps Clerk Exam you can refer the following link <a href="https://study.kdcampus.live/ibps-clerk" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


Match the items of List-I - Banking And Financial Institutions Questions for Ibps Clerk

<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd">
<html><body><h2 id="content-id-8946375120-2"><b>Banking And Financial Institutions Questions Overview</b></h2><p>Banking And Financial Institutions Questions have a good weightage in the Ibps Clerk Exam and the type of question asked in Ibps Clerk exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Banking And Financial Institutions Questions.</p><h2 id="content-id-9473201586-3"><b>Question On Banking And Financial Institutions </b></h2>Statement-I: The NBFCs in India are allowed by the Reserve Bank to trade in currency futures to hedge their Risks.

Statement-II: Foreign Trade Companies are covered under NBFCs in India.

Choose the correct code from below:
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Moderate </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 39 Seconds </h3></div></div><h2 id="content-id-4137596802-4"><b> Banking And Financial Institutions Questions Options</b></h2><ol><li><p><span style="font-size:14px">Both statements are correct</span></p>
</li><li><p><span style="font-size:14px">Statement I is correct but statement II is incorrect</span></p>
</li><li><p><span style="font-size:14px">Statement II is correct but statement I is incorrect</span></p>
</li><li><p><span style="font-size:14px">Both statements are incorrect</span></p>
</li></ol> <h2 id="content-id-2530791648-5"><b> Banking And Financial Institutions Questions Solution</b></h2><p style="text-align:justify"><span style="font-size:14px">The NBFCs in India are allowed by the Reserve Bank to trade in currency futures to hedge their Risks.</span></p>

<p style="text-align:justify"><span style="font-size:14px">Types of NBFCs in India are Asset Finance Company, Investment Company, Loan Company, Infrastructure Finance Company, Infrastructure Debt Fund</span></p>


<h2 id="content-id-6841205973-6"><b> Banking And Financial Institutions Questions Tips and Tricks</b></h2><img src="https://study.kdcampus.live/questions-blog-pdf/Banking_And_Financial_Institutions_Questions_Tips_and_Tricks.png" alt="Banking And Financial Institutions Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Banking And Financial Institutions Questions without taking any help from the solutions.</li><li>Banking And Financial Institutions Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for Banking and a current affairs quiz too for the practice. For the Current Affairs please <a href="https://study.kdcampus.live/daily-current-affairs" target="_blank">Click Here</a> and for the current affairs quiz please <a href="https://study.kdcampus.live/current-affairs-quiz" target="_blank">Click Here</a>.</p><h3><b> KD Live Free Offerings </b></h3><img src="https://study.kdcampus.live/questions-blog-pdf/KD_Live_Free_Offerings.png" alt="KD Live Free Offerings" height="260" width="480"><p>KD Live is Offering Every Information and Study Material required for the self study. 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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ibps Clerk Exam you can refer the following link <a href="https://study.kdcampus.live/ibps-clerk" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Banking And Financial Institutions Questions. She has guided her team to provide the best explanation for the question.</body></html>


Statement-I The NBFCs in - Banking And Financial Institutions Questions for Ibps Clerk