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This set of Modern Banking Multiple Choice Questions & Answers (MCQs) focuses on Modern Banking Set 6

Q1 | A place where representatives of banks meet to settle cheques for collection
Q2 | Which of the following is subsidiary function of a bank
Q3 | Ownership of IDBI is vested with
Q4 | Credit card system was firstly developed in..........
Q5 | Call deposit is modified form of................
Q6 | The EXIM bank established in the year
Q7 | NABARD was established in the year
Q8 | Lead Bank scheme was introduced by RBI in the year
Q9 | Rule of Claytons Case is related with
Q10 | Garnishee order is issued by
Q11 | Scheduled bank is one.................
Q12 | SBI was set up by nationalising
Q13 | A bankers lien is
Q14 | Number of subsidiary banks of SBI is
Q15 | Signature of one rupee note is of.....
Q16 | Origin of banking is said to be closely connected with
Q17 | The best example of pure commercial banking is
Q18 | Which country’s banking is regarded as best example of mixed banking
Q19 | Money at call is otherwise known as..........
Q20 | ............ bank is one which specialise in financing foreign trade of a country
Q21 | “A central bank is an institution charged with responsibility of regulating supply and costof money in the interest of general public”. This definition was made by;
Q22 | Commercial bank can be either unit banking type or ----------- banking type.
Q23 | Discounting of bills of exchange is.......... function of commercial banks
Q24 | Industrial banks are also called .......... as they subscribing the securities issued by theindustrial concerns.
Q25 | IDBI and IFCI are examples of...........