Question : In which year was the Banking Regulation Act passed in India?
Option 1: 1947
Option 2: 1950
Option 3: 1949
Option 4: 1934
Correct Answer: 1949
Solution : The correct answer is (c) 1949
The Banking Regulation Act of India was enacted in 1949 to regulate the functioning and operations of banks in the country. It aimed to provide a comprehensive legal framework for the banking sector and introduced various regulations and provisions to ensure the stability and integrity of the banking system.
The act established the Reserve Bank of India (RBI) as the central banking institution with the authority to regulate and supervise banks. It defined the roles and responsibilities of commercial banks, laid down guidelines for their management and governance, and set rules for the issuance of bank licenses.
Question : Statement 1: The services sector contributes significantly to the GDP of India, Pakistan, and China.
Statement 2: Services such as banking, education, healthcare, and tourism play a crucial role in the economies of these countries.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 states that the services sector contributes significantly to the GDP of India, Pakistan, and China, which is true. The services sector plays a crucial role in the economies of these countries, contributing to their overall GDP growth.
Statement 2 supports Statement 1 by highlighting specific services such as banking, education, healthcare, and tourism that play a crucial role in the economies of these countries. These services contribute to employment, revenue generation, and economic development.
Therefore, both statements are true and are consistent with each other.
I have 10 years experience in banking and want to get admission in online MBA. also I did M.CoM before my career started. please advise below take admission in MBA decision good or not. should I do master again Let me know Online MBA best college
Hello,
Yes, Definitely doing a MBA will improve your job profile and give you higher pakages as well has better exposure in different field of work and also involves in Management work which will lead to personal development. Here are some of the best online MBA Options
Amity University Online
NMIMS Global Access School for Continuing Education - Online
IGNOU
Bharathidasan University - Centre for Distance Education - MBA.
Hope this helps you,
Thank you
https://www.careers360.com/courses/online-mba
Sir I want to know whether Imarticus is genuine that claims to place you witj 100% gurantee for Investment Banking course.
Hello,
Telling you my experience i have done a course from IMARTICUS and it is really worth doing there. They also help us for placements but I did not attend it so I just found on my own. But they prepare you so well to attend the interviews for companies such as BARCLAYS, BNY MELLON, BNP,JP MORGAN, SOCIETY GENERALE, etc. The way they teach us are easily understandable and they also assess you. So its good worth it but its quite expensive as well.
Hope this helps you,
Thank you
I want banking courses which one is best.
Hello,
As you have mentioned that you are interested in the Banking Courses and you have to make your career in that so here are the list of banking courses you can go for after 12th:
1. BA in Banking and Finance
2. BCom in Banking
3. B.Sc in Banking and Finance
4. Bachelor of Business (Finance)
Now, here is the list for courses in Banking which you can try after your graduation:
1. MBA in Banking and Finance
2. MCom (Banking)
3. MSc in Banking and Finance
4. MSc in Business
This are some of the demanding courses you can check and go for as well as there are many more courses available which you can also check as per your requirement.
Thank you..
Can anyone tell me the full process of selection and admission in BBA in BANKING AND FINANCE course
Hello aspirant,
The Bachelor of Business Administration (BBA) program in Banking & Financial Services is specifically tailored for those aspiring to pursue a career in the financial services sector. The program's primary objective is to equip students with the skills and practical knowledge necessary to excel in the rapidly expanding finance industry. By enrolling in this course, you will have the opportunity to cultivate proficiencies in various areas such as accounting, law, statistics, economics, and financial markets, among others. Possessing a BBA degree with a specialization in financial services will empower you to effectively navigate the dynamic business landscape and thrive whether you choose to work in a corporate setting or embark on an entrepreneurial path.
For more information, please visit the following link:
Thank you
Hope it helps you
Top Investment Banking Colleges in out of India
Hii There,
Here are some top institutions known for their finance and investment banking programs:
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Harvard University - Harvard Business School in the United States offers a prestigious MBA program with a strong focus on finance and investment banking.
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University of Pennsylvania - The Wharton School at the University of Pennsylvania is well-known for its finance program and offers various finance-related courses.
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London Business School - Located in the UK, the London Business School offers a top-notch MBA program with a strong finance curriculum.
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Columbia University - Columbia Business School, situated in New York, offers a robust finance program and is located in the heart of the financial capital of the world.
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University of Chicago - The University of Chicago's Booth School of Business is renowned for its finance and economics programs.
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INSEAD - With campuses in France, Singapore, and Abu Dhabi, INSEAD offers an international MBA program with a focus on finance.
I hope this answers your question.
Thanks