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Digital Banking and E-Banking

1.

Which among the following is not true with regard to merchandise banker? 

(i) It can accept deposits

(ii) It can advance loans

(iii) It can do other banking activities

(iv) It can be manager to a public issues

Answer: D

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2.

Read the following events

(i) Allowing convertibility of rupee at the market rate in the current account.

(ii) Nationalisation of general insurance business.

(iii) Establishment of IDBI

(iv) Capital adequacy norms for commercial banks.

Arrange the events in the ascending order of their occurrence.

Answer: A

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3.

In which year saving banks were first established in Hamberg city of Germany?

Answer: A

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4.

Bank classification is possible according to

Answer: D

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5.

In which year the first central Bank in the world was established?

Answer: D

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