part 5

27. Interest rates being charged by Banks in India has shown ------- trend in recent year.

a)   Falling

b)   Rising

c)    Stable

d)   Volatile

e)   None of these

 Ans: (a)

28. The first development financial institution in India that has got merged with a bank is

a)   IDBI

b)   ICICI

c)    IDFC

d)   UTI

e)   None of these

 And: (b)

29. Which of the following NBFC converted itself into a commercial Bank?

a)   Tata Finance

b)   Reliance Capital Trust

c)    Birla Mutual

d)   Kotak Mahindra

e)   None of these

Ans: (d)