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Commerce · Q263

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 263

Q263

Consider the following: 1. Allowing convertibility of rupee at the market rate in the current account 2. Nationalization of general insurance business 3. Establishment of IDBI 4. Nationalization of life insurance business 5. Capital adequacy norms for commercial banks Arrange the events in the ascending order of their occurrence.

A.
4, 3, 2, 1, 5
Answer
B.
1, 2, 3, 4, 5
C.
4, 5, 3, 2, 1
D.
1, 5, 2, 3, 4

Answer: Option A

Solution

Answer: Option A
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