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- Question
Which one of the following with regard to the term ?bank run? is correct?
Options- A. The net balance of money a bank has in its chest at the end of the day?s business
- B. The ratio of bank?s total deposits and total liabilities
- C. A panic situation when the deposit holders start withdrawing cash from the banks
- D. The period in which a bank creates highest credit in the market
- Correct Answer
- A panic situation when the deposit holders start withdrawing cash from the banks
ExplanationA bank run occurs when a large number of people withdraw their money from a bank, because they believe the bank may cease to function soon.
A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as people suddenly try to convert their threatened deposits into cash or try to get out of their domestic banking system altogether.
- 1. Plants hormone that induces cell division is
Options- A. auxins
- B. gibberellins
- C. kinins
- D. domins Discuss
- 2. The Vedic deity Indra was the Goddess of
Options- A. wind
- B. eternity
- C. rain and thunder
- D. fire Discuss
- 3. The minimum age required to become a member of Rajya Sabha is
Options- A. 21 years
- B. 25 years
- C. 30 years
- D. 35 years Discuss
- 4. The main factor determining a region's climate is
Options- A. longitude
- B. latitude
- C. temperature
- D. All of the above Discuss
- 5. The name of Pierre Cardin is associated with which of the following fields?
Options- A. Painting
- B. Films
- C. Pop Music
- D. Fashion Designing Discuss
- 6. 'Queens berry Rules' is the name given to the rules in
Options- A. Boxing
- B. Football
- C. Tennis
- D. Cricket Discuss
- 7. Samantha Fox is associated with
Options- A. Politics
- B. Pop music
- C. Journalism
- D. Sports Discuss
- 8. A chronometer measures
Options- A. colour contrast
- B. sound waves
- C. time
- D. water waves Discuss
- 9. Which of the following is a cultural organisation?
Options- A. UNESCO
- B. ILO
- C. WHO
- D. FAO Discuss
- 10. The hardest substance available on earth is
Options- A. Gold
- B. Iron
- C. Diamond
- D. Platinum Discuss
More questions
Correct Answer: kinins
Correct Answer: rain and thunder
Correct Answer: 30 years
Correct Answer: latitude
Correct Answer: Fashion Designing
Correct Answer: Boxing
Correct Answer: Pop music
Correct Answer: time
Correct Answer: UNESCO
Correct Answer: Diamond
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