part 7

33. Which finance company has been given banking licence by RBI recently?

a)   Kotak Mahindra

b)   Ashok Leyland & Finance

c)    TVS Finance

d)   Tata Finance

e)   None of these

Ans: (a)

34. Gilt edged securities refer to

a)   Government Securities

b)   Securities issued by municipal corporations

c)    Securities issued by first class companies

d)   None of these

Ans: ( c )

35. A unit of the Unit Trust of India is a

a)   Share

b)   Debenture

c)    Negotiable Instrument

d)   None of these

Ans: (d)

36. Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as

a)   ATM Network

b)   Shared Payment Network System

c)    Cash Network

d)   None of these

Ans: (b)