Consider the following statements: The functions of commercial banks in India include 1. Purchase and sale of shares and securities on behalf of customers 2. Acting as executors and trustees of wills. Which of the statements given above is/are correct?

With reference to the Non-banking Financial Companies (NBFCs) in India, consider the following statements : 1. They cannot engage in the acquisition of securities issued by the government. 2. They ca…

Consider the following statements : 1. New Development Bank has been set up by APEC. 2. The headquarter of New Development Bank is in Shanghai. Which of the statements given above is/are correct?

Consider the following statements: 1. National Payment Corporation of India (NPCI) helps in promoting financial inclusion in the country. 2. NPCI has launched RuPay, a card payment scheme. Which of t…

Which one of the following is considered as an agency function of commercial banks in India?

Which of the following statements is incorrect about the CASA (Current A/c and Saving Banks A/c) deposits of Commercial Banks?