BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following institutions is not directly associated with the financial sector in India?
A
Bombay Stock Exchange
B
BIFR
C
SEBI
D
Planning Commission
Explanation: 

Detailed explanation-1: -Detailed Solution. The correct answer is BCCI. BCCI is not a financial institution.

Detailed explanation-2: -The most common types of financial institutions include commercial banks, trust companies investment banks, brokerage firms or investment dealers, insurance companies, and asset management funds.

Detailed explanation-3: -As mentioned above, the financial sector is made up of many different industries ranging from banks, investment houses, insurance companies, real estate brokers, consumer finance companies, mortgage lenders, and real estate investment trusts (REITs).

There is 1 question to complete.