Banking
Question : Statement 1: Entrepreneurship is important for fostering innovation and introducing new products and services in the market.
Statement 2: The Pradhan Mantri Kaushal Vikas Yojana provides skill development training to young individuals for employability.
Option 1: Both statements are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 2 is true, but statement 1 is false.
Option 4: Both statements are false.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 is accurate in stating that entrepreneurship is important for fostering innovation and introducing new products and services in the market.
Statement 2 is also true. The Pradhan Mantri Kaushal Vikas Yojana
Question : Which of the following is not a function of the Reserve Bank of India (RBI)?
Option 1: Issuing currency notes
Option 2: Regulating the banking system
Option 3: Regulating the securities market
Option 4: Managing the foreign exchange reserves of India
Correct Answer: Regulating the securities market
Solution : The correct answer is (c). Regulating the securities market
The Reserve Bank of India (RBI) performs multiple functions, but regulating the securities market is not one of them. The correct answer is c) Regulating the securities market.
The functions of the Reserve
Question : In what way has Ain-i-Akbari contributed to the understanding of Mughal economic policies?
Option 1: By detailing trade routes and partnerships
Option 2: By outlining the taxation and revenue collection system
Option 3: By describing the currency and banking system
Option 4: By explaining the import-export regulations
Correct Answer: By outlining the taxation and revenue collection system
Solution : Correct Option: Option 2 Explanation: Ain-i-Akbari has contributed to the understanding of Mughal economic policies by outlining the taxation and revenue collection system, which was a crucial aspect of the empire's economic management.
Question : Which of the following organizations is responsible for setting international standards for banking and financial transactions, including foreign exchange operations?
Option 1: World Trade Organization (WTO)
Option 2: International Monetary Fund (IMF)
Option 3: Bank for International Settlements (BIS)
Option 4: World Bank
Correct Answer: Bank for International Settlements (BIS)
Solution : The correct option is c) Bank for International Settlements (BIS)
The Bank for International Settlements (BIS) is responsible for setting international standards for banking and financial transactions, including foreign exchange operations. The BIS is an international financial institution that serves as
Question : Select the most appropriate option to improve the underlined segment in the given sentence. If there is no need to improve it, select 'No improvement'.
You will be in trouble if you don't obey to my orders.
Option 1: obey with my
Option 2: No improvement
Option 3: obeying my
Option 4: obey my
Correct Answer: obey my
Solution : The correct choice is the fourth option.
The verb obey is a transitive verb, and it is directly followed by an object, which in this case is me.
Therefore, the correct sentence is: You will be in trouble if you don't obey my
Question : In which year was the Banking Regulation Act passed in India?
Option 1: 1947
Option 2: 1950
Option 3: 1949
Option 4: 1934
Correct Answer: 1949
Solution : The correct answer is (c) 1949
The Banking Regulation Act of India was enacted in 1949 to regulate the functioning and operations of banks in the country. It aimed to provide a comprehensive legal framework for the banking sector and introduced various regulations and provisions
Question : Statement 1: The services sector contributes significantly to the GDP of India, Pakistan, and China.
Statement 2: Services such as banking, education, healthcare, and tourism play a crucial role in the economies of these countries.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Statement 1 states that the services sector contributes significantly to the GDP of India, Pakistan, and China, which is true. The services sector plays a crucial role in the economies of these countries,
Hello,
Yes, Definitely doing a MBA will improve your job profile and give you higher pakages as well has better exposure in different field of work and also involves in Management work which will lead to personal development. Here are some of the best online MBA Options
Amity University Online
Telling you my experience i have done a course from IMARTICUS and it is really worth doing there. They also help us for placements but I did not attend it so I just found on my own. But they prepare you so well to attend the interviews for companies
As you have mentioned that you are interested in the Banking Courses and you have to make your career in that so here are the list of banking courses you can go for after 12th:
1. BA in Banking and Finance
2. BCom in Banking
3. B.Sc in Banking
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