Vidyalelo
Commerce · Q345

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 345

Q345

Which of the following statements are correct? 1. The Central Bank is usually control and quite often owned by the government of a country. 2. Export-Import Bank of India took over the export finance function of the IDBI. 3. Unit Bank has virtually one or two branches. 4. Citi Bank and ING Bank are universal banks. Select the correct answer

A.
Both 1 and 2
B.
1, 2 and 4
Answer
C.
1, 2 and 3
D.
2, 3 and 4

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board