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Accountancy
Commerce
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Question-1
The cheque which is payable to the person named in the cheque or his order is
(A)
Stale cheque
(B)
Normal cheque
(C)
Order cheque
(D)
Ordinary cheque
Question-2
The rate at which bills are discounted and rediscounted by the banks with the central bank are called
(A)
Bank Rate
(B)
Open Market Operation
(C)
Variable reserve ratio
(D)
Fixation of Margin
Question-3
Banks, which assist to promote industrial development, are called
(A)
Commercial banks
(B)
Industrial banks
(C)
Regional rural banks
(D)
Exchange banks
Question-4
Negotiable Instruments Act was passed in
(A)
1881
(B)
1872
(C)
1991
(D)
1855
Question-5
The apex bank and the statutory institution in the money market of a country is
(A)
Central bank
(B)
Industrial bank
(C)
Regional rural bank
(D)
Exchange bank
Question-6
Canara bank is an example for
(A)
Commercial banks
(B)
Industrial banks
(C)
Regional rural banks
(D)
Exchange banks
Question-7
The first step in the development of Internet banking is in
(A)
1992
(B)
1995
(C)
2001
(D)
1987
Question-8
Primary Agricultural Co-operative societies are also called as
(A)
Village societies
(B)
Central Co-operative Banks
(C)
State Co-operative Banks
(D)
District co-operative central bank
Question-9
Banks which deal in foreign exchange and specialize in foreign trade are known as
(A)
Commercial banks
(B)
Industrial banks
(C)
Regional rural banks
(D)
Exchange banks
Question-10
The banks, which are not covered by the second schedule of Reserve Bank of India, are called as
(A)
Public Sector Banks
(B)
Private sector Banks
(C)
Non-Scheduled banks
(D)
Scheduled banks
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Tamil Nadu (English Medium)
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