BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not an organized sector in India?
A
Nationalised Bank
B
Regional Rural Banks
C
Cooperative Banks
D
Chits and Money Lenders
Explanation: 

Detailed explanation-1: -The correct answer is: indigenous bankers.

Detailed explanation-2: -Agricultural labour does not come under organized sector since, employment of workers are not fixed. It comes under unorganized sector.

Detailed explanation-3: -The following are the 4 organized sector examples: Government employees. Government schools and colleges. Registered industrial workers.

Detailed explanation-4: -Mutual Funds is not a part of Money Market.

Detailed explanation-5: -*Industrial Development Bank of India (IDBI) is another Public Sector Bank that is not nationalized.

There is 1 question to complete.