Banking and Economy

1.As we know the RBI is the apex Bank of India, similarly the apex Bank of USA is called

Federal Reserve The Central Bank of USA Bank of America All of the above

2.The regulator of Micro Finance in India is

Finance Ministry Reserve Bank of India State Bank of India None of these

3.Banker's right of set off can be immediately exercised in case of

Insolvency of the borrower Lunacy of the borrower Death of the borrower All of these

4.Banks do not purchase/discount

Accommodation Bills Documentary Bills Usance Bills Clean Bills

5.The biggest international financial center in the world is

Frankfurt Geneva London New York