New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What do we call the banks which provide capital to the

    firms in the form of shares and engage in underwriting of stocks?
    A Commercial Banks Correct Answer Incorrect Answer
    B Universal Banks Correct Answer Incorrect Answer
    C Merchant Banks Correct Answer Incorrect Answer
    D IFI Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Merchant Banks are those banks which provide capital to the firms in the form of shares and engage in underwriting of stocks etc.

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