Thursday, June 5, 2008

Financial Institutions and Banking - 3

Select The Blank
Question The term ________ refers to the act of a bank extending finance to the
seller against a letter of credit.
Correct Answer Negotiation
Your Answer Negotiation
Multiple Choice Multiple Answer
Question Soft Loan Scheme for modernisation is provided by :-
Correct Answer IFCI , ICICI , SIDBI
Your Answer IFCI , ICICI
Match The Following
Question Correct Answer Your Answer
Charitable Trusts Rajiv Gandhi Foundation Rajiv Gandhi Foundation
PSU MTNL ,SAIL, KRC MTNL ,SAIL, KRC
Mutual Funds UTI ,ICICI Prudential UTI ,ICICI Prudential
Statutory Trusts Port Trust Port Trust
True/False
Question Under MIGA the World bank offers various forms of Political Insurance.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Commercial Papers are issued by :-
Correct Answer Corporates
Your Answer Corporates
Question Investment on a monthly basis and repayment on due date is made in :-
Correct Answer Recurring deposit
Your Answer Recurring deposit
True/False
Question Issuance of CD attracts reserve requirements.
Correct Answer False
True/False
Question
State loans are much less liquid than GOI Securities.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
IDBI was delinked from RBI and it became autonomous in the year :-
Correct Answer
1976
Your Answer
1976
Question
One of the leading All India FI is :-
Correct Answer
SIDBI
Your Answer
SIDBI
Multiple Choice Single Answer
Question
The largest member of the IMF is the :-
Correct Answer
U.S.A.
Multiple Choice Single Answer
Question
The foreign currency account maintained by an authorised dealer with its corresp
ondent abroad is :-
Correct Answer
Nostro Account
Your Answer
Nostro Account
Select The Blank
Question
As a banker to the Government, RBI accepts Government deposits at ________% inte
rest.
Correct Answer
0
Your Answer
0
Multiple Choice Single Answer
Question
The word ' Tranche ' is a French word which means :-
Correct Answer
A Slice
Your Answer
A Pit
Multiple Choice Single Answer
Question
Size of the Quota depended upon :-
Correct Answer
GNP
Your Answer
GNP
Match The Following
Question
Correct Answer
Your Answer
Small Savings
Chit Funds
Chit Funds
Gen.Insurance
NICo of India Ltd.
NICo of India Ltd.
Life Insurance
LIC of India Ltd
LIC of India Ltd
Mutual fund
UTI
UTI
True/False
Question
CPs have to be compulsorily rated.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of
Rs. 5 is known as the :-
Correct Answer
Discount
Your Answer
Discount
Multiple Choice Multiple Answer
Question
IIBI (formerly known as IRBI )undertakes :-
Correct Answer
Merchant Banking activities , Lease or hire purchase finance , Consultancy & man
agerial services
Your Answer
Merchant Banking activities , Lease or hire purchase finance , Consultancy & man
agerial services
Select The Blank
Question
The loans under________ are based on Poverty Reduction Strategy Paper.
Correct Answer
PRGF
Your Answer
PRGF
Multiple Choice Multiple Answer
Question
Functions of a Bank's H.O. include:-
Correct Answer
Liaison with RBI , Evolve Policies , Vigilance & Control
Your Answer
Liaison with RBI , Evolve Policies , Vigilance & Control
Multiple Choice Single Answer
Question
DICGC also provides :-
Correct Answer
Security to deposits
Your Answer
Guarantee to borrowers
Match The Following
Question
Correct Answer
Your Answer
Insurance of all employees of a Firm
Group Insurance
Auto Finance
Premium Throughout Life
Whole Life
Group Insurance
Fixed Period Insurance
Endowment
Endowment
Insurance of ocean Cargo
Marine Insurance
Marine Insurance
True/False
Question
A Cheque is a Negotiable Instrument.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
Which one of the following is not a deposit account?
Correct Answer
Cash Credit account
Your Answer
Cash Certificate
Select The Blank
Question
The ________ does not collect Savings from the Public.
Correct Answer
NIICO Ltd.
Your Answer
NIICO Ltd.
Multiple Choice Single Answer
Question
IMF articles were amended in 1978 to legalise the :-
Correct Answer
Floating exchange rates
Your Answer
Floating exchange rates
Select The Blank
Question
________ is merely an asset created out of book entries.
Correct Answer
SDR
Your Answer
SDR
Question
Correct Answer
Your Answer
Regional Rural Bank
Thane Gramin Bank
Thane Gramin Bank
Public Sector Bank
Indian Bank
Saraswat Coop Bank Ltd.
Private Sector Bank
Bank of Rajasthan Ltd
Indian Bank
Foreign Bank
CITI BANK
Bank of Rajasthan Ltd
Select The Blank
Question
Syndication of Loans Globally does not involve any funds as it is ________ activ
ity.
Correct Answer
Non-fund based
Your Answer
Fund based
True/False
Question
Issuance of CD attracts reserve requirements.
Correct Answer
False
Your Answer
True
Select The Blank
Question
The repayment holiday period is also known as ________ period.
Correct Answer
Moratorium
Your Answer
Moratorium
Multiple Choice Single Answer
Question
Zero Coupon Bonds are issued at a :-
Correct Answer
Discount to face value
Your Answer
Discount to maturity value
Multiple Choice Multiple Answer
Question
DICGC does not insure the deposits :-
Correct Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government
Your Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government
Multiple Choice Multiple Answer
Question
DICGC does not insure the deposits :-
Correct Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government
Your Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government
Match The Following
Question
Correct Answer
Your Answer
Small Savings
Chit Funds
Chit Funds
Gen.Insurance
NICo of India Ltd.
NICo of India Ltd.
Life Insurance
LIC of India Ltd
LIC of India Ltd
Mutual fund
UTI
UTI
Multiple Choice Single Answer
Question
Which one of the following is a Cooperative Bank?
Correct Answer
COSMOS BANK
Your Answer
COSMOS BANK
Multiple Choice Single Answer
Question
Liabilities of Insurance Cos are mostly :-
Correct Answer
Long term
Your Answer
Long term
Select The Blank
Question
GIC raises funds to meet claims from ________.
Correct Answer
Premium collected
Your Answer
Premium collected
True/False
Question
Issuance of CD attracts reserve requirements.
Correct Answer
False
Your Answer
True
Multiple Choice Single Answer
Question Investment on a monthly basis and repayment on due date
is made in :-
Correct Answer Recurring deposit
Your Answer Term deposit account
Multiple Choice Single Answer
Question A current account where the customer can withdraw more
than the balance is :-
Correct Answer Overdraft
Multiple Choice Single Answer
Question SIDBI commenced its operations from :-
Correct Answer April 2,1990
Your Answer April 2,1990
Match The Following
Question Correct Answer Your Answer
NABARD Rural Development Rural Development
AFC Ltd Consultancy Consultancy
HUDCO Housing Housing
NCDC Development of Cooperatives Development of Cooperatives
at 4:15 AM 0 comments Links to this post
Labels: Financial Institutions and Banking

Financial Institutions and Banking - 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer

Question
The first long term industrial financing corporation set up in the country was :
-
Correct Answer
IFCI
Your Answer
IFCI
True/False
Question
The Capital of NABARD is subscribed by World Bank.
Correct Answer
False
Your Answer
False
Multiple Choice Single Answer
Question
Financial institutions deal in :-
Correct Answer
Financial assets
Your Answer
Real assets
Multiple Choice Single Answer
Question
In addition to sugar Industry IFCI has predominantly lent to :-
Correct Answer
Textile sector
Your Answer
Textile sector
Multiple Choice Multiple Answer
Question
Other than Tourism, International funds remittances comprise of :-
Correct Answer
Donations/Charity , Payments of Salaries , Payments of Royalty
Your Answer
Donations/Charity , Payments of Salaries , Payments of Royalty
True/False
Question
NABARD provides Refinance for Marketing of Crops.
Correct Answer
True
Your Answer
True
Multiple Choice Multiple Answer
Question
R B I conducts monetary control by way of O M O in :-
Correct Answer
Treasury bills , State /central Government Securities
Your Answer
Treasury bills , State /central Government Securities
Multiple Choice Single Answer
Question
Development Financial institutions include :-
Correct Answer
State financial institutions
Your Answer
State financial institutions
Select The Blank
Question
NABARDs Criteria for Refinance covers Technical ________ of the project.
Correct Answer
Feasibility
Your Answer
Feasibility
True/False
Question
Banks do not invest in the GOI securities .
Correct Answer
False
Your Answer
False
Multiple Choice Multiple Answer
Question
The unorganised financial system comprises of :-
Correct Answer
Money lenders , Indigenous bankers , Lending pawn brokers
Your Answer
Money lenders , Indigenous bankers , Lending pawn brokers
Select The Blank
Question
NHB at present has a ________ Capital of Rs. 350 crores.
Correct Answer
Paid-up
Your Answer
Paid-up
Select The Blank
Question
One of the objectives of NHB is to augment the ________ resources for the housin
g sector.
Correct Answer
Financial
Your Answer
Financial
Match The Following
Question
Correct Answer
Your Answer
CRR
Primary reserve requirement
Primary reserve requirement
Bankers Bank
Controlling the reserves of commercial banks
Controlling the reserves of commercial banks
Exchange control
FEMA
FEMA
OMO
Government securities
Government securities
Multiple Choice Single Answer
Question
NABARD was established on the recommendations of :-
Correct Answer
CRAFICARD
Your Answer
CRAFICARD
Multiple Choice Multiple Answer
Question
A member's IMF Quota determines its :-
Correct Answer
Financial commitment , Voting power , Drawing power
Your Answer
Financial commitment , Voting power , Drawing power
Multiple Choice Multiple Answer
Question
Credit Information report is also known as :-
Correct Answer
Credit report , Banker's report , Confidential report
Your Answer
Credit report , Banker's report , Confidential report
Select The Blank
Question
Development financial institutions have been established to cater to ________ of
the industrial sector.
Correct Answer
Long term financial needs
Your Answer
Long term financial needs
Multiple Choice Multiple Answer
Question
Tourism promotes :-
Correct Answer
Credit Card Business , International remittances , Travellers' Cheques
Your Answer
Credit Card Business , International remittances , Travellers' Cheques
True/False
Question
Development financial institutions primarily lend to Agriculture sector.
Correct Answer
False
Your Answer
True
Select The Blank
Question
The ________ is the apex institution in the field of foreign trade in India.
Correct Answer
EXIM bank
Your Answer
EXIM bank
Select The Blank
Question
Financial markets are the centres that provide facilities for buying and selling
of ________.
Correct Answer
Financial claims and services
Your Answer
Financial claims and services
True/False
Question
Non bank financial institutions undertake fund and non fund based activities.
Correct Answer
True
Your Answer
True
Select The Blank
Question
The CRAFICARD recommended the establishment of ________.
Correct Answer
NABARD
Your Answer
NABARD
Select The Blank
Question
The price in financial markets is known as ________.
Correct Answer
Rate of interest
Your Answer
Coupen
True/False
Question
Gramin banks are State Owned Banks.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
A credit facility under which a borrower can withdraw up a certain limit subject
to availability of adequate security is :-
Correct Answer
Cash Credit account
Your Answer
Cash Credit account
Select The Blank
Question
Syndication involves ________ sanction.
Correct Answer
In principle
Your Answer
In principle
Multiple Choice Multiple Answer
Question
Treasuries could be either those of the :-
Correct Answer
Private Sector Cos. , Govt.bodies , PSUs
Your Answer
PSUs , Govt.bodies , FIIs
Multiple Choice Single Answer
Question
Treasury Bills are actually a class of :-
Correct Answer
Govt.Securities
Your Answer
Govt.Securities
Select The Blank
Question
The ________ regulation makes the banks the largest investor in the GOI securiti
es.
Correct Answer
SLR
Your Answer
SLR
True/False
Question
HDFC was set up by NHB.
Correct Answer
False
Your Answer
False
Multiple Choice Single Answer
Question
Initial Quantum of resources of IMF were contributed by members according to :-
Correct Answer
Quotas fixed for members
Your Answer
Quotas fixed for members
True/False
Question
Most of the Indian PS Banks practice retail banking.
Correct Answer
True
Your Answer
True
True/False
Question
The overdraft facility is also known as Cash credit facility.
Correct Answer
True
Your Answer
False
True/False
Question
CPs are issued by corporate entities.
Correct Answer
True
Your Answer
True
True/False
Question
PFC has been persuading State Governments restructuring of their power sector to
make them viable.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
The organised financial system includes :-
Correct Answer
Commercial banks
Your Answer
Commercial banks
Multiple Choice Multiple Answer
Question
EXIM Bank provides financial assistance to:-
Correct Answer
Indian Companies , Commercial Banks , Foreign Governments
Your Answer
Indian Companies , Commercial Banks , Foreign Governments
Select The Blank
Question
55% of HUDCO loans are earmarked for________& low income groups.
Correct Answer
Weaker sections
Your Answer
Weaker sections
Multiple Choice Multiple Answer
Question
Financial Services offered by PFC include :-
Correct Answer
Term loans , lease finance , Loan Syndication
Your Answer
Term loans , lease finance , Loan Syndication
True/False
Question
The currency notes issued by RBI are legal tender everywhere in India without an
y limit.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
The unorganised financial system includes :-
Correct Answer
Indigenous bankers
Your Answer
Indigenous bankers
Multiple Choice Single Answer
Question
Money Markets Satisfy the needs of :-
Correct Answer
Short term nature
Your Answer
Short term nature
Multiple Choice Multiple Answer
Question
The financial Assistance provided by the IMF enables member countries to :-
Correct Answer
Rebuild resources , Stabilise currencies , Pay for imports
Your Answer
Rebuild resources , Stabilise currencies , Pay for imports
Match The Following
Question
Correct Answer
Your Answer
NGOs
CASP, CRY, PLAN
CASP, CRY, PLAN
DFI
IDBI, IFCI, ICICI
IDBI, IFCI, ICICI
PSUs
NTPC, NHPC, Coal India
NTPC, NHPC, Coal India
Corporates
RIL, HPCL
RIL, HPCL
at 4:14 AM 0 comments Links to this post
Labels: Financial Institutions and Banking

Financial Institutions and Banking - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/False
Question
Gramin banks are State Owned Banks.
Correct Answer
True
Your Answer
True
Select The Blank
Question
CRR and SLR are ________ reserves.
Correct Answer
Statutory
Your Answer
Statutory
True/False
Question
Banks do not invest in the GOI securities .
Correct Answer
False
Your Answer
False
Multiple Choice Multiple Answer
Question
SIDBI provides :-
Correct Answer
Refinance , Rediscounting of Bills , Financial support to SSIDC
Your Answer
Rediscounting of Bills , Financial support to SSIDC , Cash Credit facilities
Select The Blank
Question
Mutual Funds provide the benefits of ________.
Correct Answer
Portfolio management
Your Answer
Portfolio management
Select The Blank
Question
Syndication involves ________ sanction.
Correct Answer
In principle
Your Answer
Final
Select The Blank
Question
The ________ regulation makes the banks the largest investor in the GOI securiti
es.
Correct Answer
SLR
Your Answer
SLR
Select The Blank
Question
In addition to IFCI and ________ the Soft Loan Scheme for modernisation is also
undertaken by IDBI.
Correct Answer
ICICI
Your Answer
ICICI
Multiple Choice Multiple Answer
Question
NABARD has taken over the entire functions of :-
Correct Answer
ARDC , ACD of RBI , RPCD of RBI
Your Answer
ARDC , ACD of RBI , RPCD of RBI
Multiple Choice Single Answer
Question
Instruments issued by DFIs and Banks carry :-
Correct Answer
Highest credit ratings
Your Answer
Highest credit ratings
Multiple Choice Multiple Answer
Question
Other than Tourism, International funds remittances comprise of :-
Correct Answer
Donations/Charity , Payments of Salaries , Payments of Royalty
Your Answer
Donations/Charity , Payments of Salaries , Travel related payments
Multiple Choice Single Answer
Question
Money Markets Satisfy the needs of :-
Correct Answer
Short term nature
Your Answer
Short term nature
Multiple Choice Single Answer
Question
Development Financial Institutions provide finance to the needy
Correct Answer
Corporates & govt. institutions
Your Answer
Corporates & govt. institutions
True/False
Question
NABARD does not provide Refinance for stocking & distribution of Chemical Fertil
isers.
Correct Answer
False
Your Answer
False
True/False
Question
The SFCs also borrow from SIDBI & IDBI.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
A major part of the credit of SFCs went to :-
Correct Answer
SSI units
Your Answer
Exporters
True/False
Question
Mortgage Loans are loans against property.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
The unorganised financial system includes :-
Correct Answer
Indigenous bankers
Your Answer
Indigenous bankers
Select The Blank
Question
HDFCs loans were linked up with________.
Correct Answer
Planned Savings
Your Answer
Recovery record
Multiple Choice Single Answer
Question
Initial Quantum of resources of IMF were contributed by members according to :-
Correct Answer
Quotas fixed for members
Your Answer
Quotas fixed for members
True/False
Question
CPs are issued by corporate entities.
Correct Answer
True
Your Answer
True
Multiple Choice Multiple Answer
Question
EXIM Bank provides financial assistance to:-
Correct Answer
Indian Companies , Commercial Banks , Foreign Governments
Your Answer
Indian Companies , Commercial Banks , Foreign Governments
Multiple Choice Multiple Answer
Question
Functions of R.O. do not cover :-
Correct Answer
SLR/CRR maintenance , Liaison with RBI/IBA , Issuing Lending Policy
Your Answer
SLR/CRR maintenance , Issuing Lending Policy , Sanctioning advances
Match The Following
Question
Correct Answer
Your Answer
Inter Bank Call Money Markets
BRs, Call Money Receipts
BRs, Call Money Receipts
Money Market Instuments
CP, CD ,T- Bills
CP, CD ,T- Bills
Capital Market Instruments
Shares
Shares
Debt Market Instruments
GOI Securities ,Bonds
GOI Securities ,Bonds
Multiple Choice Multiple Answer
Question
Which of the following statements are not prepared on a daily basis in branch?
Correct Answer
Cash Book , Trial Balance , P/L statement
Your Answer
Cash Book , Trial Balance , P/L statement
Select The Blank
Question
Interest on advances is generally calculated on ________ products.
Correct Answer
Daily
Your Answer
Fortnightly
Multiple Choice Single Answer
Question
IDBI has helped in the establishment of :-
Correct Answer
EXIM Bank
Your Answer
EXIM Bank
Multiple Choice Multiple Answer
Question
Under Project Finance Scheme IDBI provides assistance for :-
Correct Answer
New Projects , Renovation , Modernisation
Your Answer
New Projects , Renovation , Working capital
Multiple Choice Single Answer
Question
Deposits per depositor per bank are secured by DICGC up to a sum of :-
Correct Answer
Rs. one lac.
Your Answer
Rs. one lac.
Select The Blank
Question
SCICI provides domestic & foreign loans for capital equipment and________ servic
es.
Correct Answer
Technical
Your Answer
Technical
Multiple Choice Multiple Answer
Question
The main objective of ICICI was :-
Correct Answer
To augment export finance in India , To channelise World Bank's funds to industr
ies in India , To help in building up a Capital Market in India
Your Answer
To augment export finance in India , To channelise World Bank's funds to industr
ies in India , To help in building up a Capital Market in India
Multiple Choice Multiple Answer
Question
Functions of NIDHIs include :-
Correct Answer
Accepting Deposits , Granting loans , Encourage thrift
Your Answer
Accepting Deposits , Granting loans , Encourage thrift
Multiple Choice Single Answer
Question
IDBI was initially set up as :-
Correct Answer
Subsidy of RBI
Your Answer
Public sector Bank
Multiple Choice Multiple Answer
Question
For its long term operations NABARD raises funds by :-
Correct Answer
Floating Bonds in open market , Drawing from the Central Govt. , Drawing from Na
tional Rural credit Funds
Your Answer
Floating Bonds in open market , Drawing from the Central Govt. , Drawing from Na
tional Rural credit Funds
Select The Blank
Question
Financial markets are the centres that provide facilities for buying and selling
of ________.
Correct Answer
Financial claims and services
Your Answer
Goods and services
True/False
Question
IDA does not lend to countries that are not in a position to borrow from IBRD.
Correct Answer
False
Your Answer
True
Select The Blank
Question
General insurance policies are genarally issued for ________ year.
Correct Answer
One
Your Answer
Three
True/False
Question
SCICI is a member of the OTCEI.
Correct Answer
True
Your Answer
False
Multiple Choice Single Answer
Question
The deposit account offering cheque withdrawal facility is known as :-
Correct Answer
Current account
Your Answer
Current account
Match The Following
Question
Correct Answer
Your Answer
CRR
Primary reserve requirement
Primary reserve requirement
Bankers Bank
Controlling the reserves of commercial banks
FEMA
Exchange control
FEMA
Controlling the reserves of commercial banks
OMO
Government securities
Government securities
Multiple Choice Multiple Answer
Question
The loans of finance companies are generally :-
Correct Answer
At high interest , Unsecured , Based on borrowers worth
Your Answer
Unsecured , Based on borrowers worth , At low interest
Multiple Choice Single Answer
Question
The apex institution in the field of Industrial Development is :-
Correct Answer
IDBI
Your Answer
IDBI
Multiple Choice Multiple Answer
Question
A member's IMF Quota determines its :-
Correct Answer
Financial commitment , Voting power , Drawing power
Your Answer
Voting power , Drawing power , GNP
True/False
Question
CP is a usance promissory note hence it can be negotiated by endorsement & deliv
ery.
Correct Answer
True
Your Answer
False
Multiple Choice Single Answer
Question
The objective of ICICI was to assist the :-
Correct Answer
Private sector
Your Answer
Private sector
True/False
Question
NABARD provides short term refinance for procurement activities also.
Correct Answer
True
Your Answer
True
Select The Blank
Question
Period of Holiday Insurance is ________.
Correct Answer
Six months or less
Your Answer
One year or more
at 4:12 AM 0 comments Links to this post
Labels: Financial Institutions and Banking

Tuesday, August 19, 2008

Financial Institutions and Banking - 5
Bitmap Multiple Choice Multiple Answer
Question
Agricultural Finance Consultancy Ltd(AFC) activities cover :-
Correct Answer
Pre-feasibility studies , Regional /Sectoral planning , Benchmark Surveys
Your Answer
Pre-feasibility studies , Regional /Sectoral planning , Benchmark Surveys
Bitmap
Multiple Choice Multiple Answer
Question
Duties of an International Banking unit cover :-
Correct Answer
Handling foreign currency , Handling Doc. credits , Granting lines of Credit
Your Answer
Maintaining SLR/CRR , Handling foreign currency , Handling Doc. credits
Bitmap
Select The Blank
Question
One of the objectives of NHB is to augment the ________ resources for the housin
g sector.
Correct Answer
Financial
Your Answer
Financial
Bitmap
Multiple Choice Multiple Answer
Question
The unorganised financial system comprises of :-
Correct Answer
Money lenders , Indigenous bankers , Lending pawn brokers
Your Answer
Money lenders , Indigenous bankers , Lending pawn brokers
Bitmap
Multiple Choice Single Answer
Question
The lender of the last resort to the market is the :-
Correct Answer
RBI
Your Answer
RBI
Bitmap
Multiple Choice Multiple Answer
Question
Credit Information report is also known as :-
Correct Answer
Credit report , Banker's report , Confidential report
Your Answer
Credit report , Banker's report , Confidential report
Bitmap
Multiple Choice Single Answer
Question
Cetificate of deposit are issued by
Correct Answer
Banks
Your Answer
Banks
Bitmap
Multiple Choice Single Answer
Question
A record of the holdings of GOI dated securities of each holder is contained in
:-
Correct Answer
SGL pass book
Your Answer
SGL pass book
Bitmap
Multiple Choice Single Answer
Question
The organised financial system includes :-
Correct Answer
Commercial banks
Your Answer
Commercial banks
Bitmap
Select The Blank
Question
Development financial institutions have been established to cater to ________ of
the industrial sector.
Correct Answer
Long term financial needs
Your Answer
Working capital needs
Bitmap
Multiple Choice Single Answer
Question
DFHI was incorporated under the :-
Correct Answer
Companies Act, 1956
Your Answer
Companies Act, 1956
Bitmap
Select The Blank
Question
The ________ meet the long and medium term credit needs of agriculture.
Correct Answer
Land Development Banks
Your Answer
Regional Rural Banks
Bitmap
Multiple Choice Single Answer
Question
Certificate of deposit is a :-
Correct Answer
Usance promissory note
Your Answer
Term Deposit Receipt
Bitmap
True/False
Question
Amongst others, ICICI also provided long and medium term loans or equity finance
.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple Answer
Question
EXIM Bank provides financial assistance to:-
Correct Answer
Indian Companies , Commercial Banks , Foreign Governments
Your Answer
Investment trusts , Indian Companies , Commercial Banks
Bitmap
Multiple Choice Multiple Answer
Question
RBI sells securities through :-
Correct Answer
Auction program , Open market operations , Private placements
Your Answer
Open market operations
Bitmap
Multiple Choice Single Answer
Question
The ultimate source of money in India is:-
Correct Answer
RBI
Your Answer
RBI
Bitmap
Multiple Choice Single Answer
Question
Long term debt instruments have a maturity of :-
Correct Answer
Over one year
Your Answer
Over one year
Bitmap
Multiple Choice Multiple Answer
Question
R B I conducts monetary control by way of O M O in :-
Correct Answer
Treasury bills , State /central Government Securities
Your Answer
Treasury bills , State /central Government Securities
Bitmap
True/False
Question
Under open market operation RBI conducts buying /selling shares/debentures of bl
ue chip companies.
Correct Answer
FALSE
Your Answer
FALSE
Bitmap
Match The Following
Question
Correct Answer
Your Answer
Development financial institutions
IFCI
IFCI
Organised sector
Banking System
Banking System
Unorganised sector
Indigenous banks
Indigenous banks
Mutual funds
UTI
UTI
Bitmap
Select The Blank
Question
The Shipping Credit and Investment Company of India Ltd. has changed its name to
________ effective from October 1992.
Correct Answer
SCICI Ltd
Your Answer
SCICI Ltd
Bitmap
Multiple Choice Multiple Answer
Question
A member's IMF Quota determines its :-
Correct Answer
Financial commitment , Voting power , Drawing power
Your Answer
Financial commitment , Voting power
Bitmap
Multiple Choice Single Answer
Question
Development Financial institutions include :-
Correct Answer
State financial institutions
Your Answer
State financial institutions
Bitmap
Multiple Choice Single Answer
Question
The unorganised financial system includes :-
Correct Answer
Indigenous bankers
Your Answer
Indigenous bankers
Bitmap
Match The Following
Question
Correct Answer
Your Answer
Fruit Crops, Floriculture, Vegetables
Horticulture
Horticulture
Institutional studies, Dwell Time Studies
Surveys & Studies
Surveys & Studies
Agronomy, Crop Planning, Plant Protection, Farm Inputs
Crop Production
Crop Production
Canals & Rivers, Drip Irrigation
Irrigation & Drainage
Irrigation & Drainage
Bitmap
Select The Blank
Question
The HDFC was set up in 1977 by the ________.
Correct Answer
ICICI
Your Answer
ICICI
Bitmap
Multiple Choice Single Answer
Question
Instruments issued by DFIs and Banks carry :-
Correct Answer
Highest credit ratings
Your Answer
Highest credit ratings
Bitmap
Multiple Choice Single Answer
Question
LIC of India was set up in :-
Correct Answer
1956
Your Answer
1818
Bitmap
Select The Blank
Question
Secured Premium Notes are ________.
Correct Answer
Debentures
Your Answer
Debentures
Bitmap
Multiple Choice Single Answer
Question
PFC is committed to the integrated development of :-
Correct Answer
Power
Your Answer
Power
Bitmap
True/False
Question
Banks issue Guarantees on behalf of their clients.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
True/False
Question
Banks authorised to deal in foreign exchange are known as Authorised Dealers.
Correct Answer
FALSE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple Answer
Question
DFHI was set up with the following objective :-
Correct Answer
To even out imbalances , To provide liquidity , To promote secondary market
Your Answer
To even out imbalances , To provide liquidity , To promote secondary market
Bitmap
Multiple Choice Multiple Answer
Question
NABARD has taken over the entire functions of :-
Correct Answer
ARDC , ACD of RBI , RPCD of RBI
Your Answer
ARDC , ACD of RBI , RPCD of RBI
Bitmap
Multiple Choice Multiple Answer
Question
R B I issues currency notes against the security of:-
Correct Answer
Gold bullion , Foreign securities , GOI securities
Your Answer
Gold bullion , Foreign securities , GOI securities
Bitmap
Select The Blank
Question
The ________ has been accredited by RBI as a Primary Dealer in Governemt Securit
ies.
Correct Answer
STCI
Your Answer
LIC of India
Bitmap
True/False
Question
The SFCs also borrow from SIDBI & IDBI.
Correct Answer
FALSE
Your Answer
TRUE
Bitmap
Select The Blank
Question
Legally speaking Pass Through Certificates are ________ and are tradeable freely
.
Correct Answer
Promissory notes
Your Answer
Promissory notes
Bitmap
Select The Blank
Question
DFIs are the second largest issuer of ________ after the Govt and Sovereign bodi
es.
Correct Answer
Debt instruments
Your Answer
Debt instruments
Bitmap
Multiple Choice Multiple Answer
Question
From time to time RBI has issued :-
Correct Answer
Straight coupon bonds , Inflation linked bonds , Zero coupon bonds
Your Answer
Inflation linked bonds , Zero coupon bonds
Bitmap
True/False
Question
The currency notes issued by RBI are legal tender everywhere in India without an
y limit.
Correct Answer
TRUE
Your Answer
FALSE
Bitmap
True/False
Question
HDFC was set up by NHB.
Correct Answer
FALSE
Your Answer
FALSE
Bitmap
True/False
Question
PFC also provides reform & restructuring related studies.
Correct Answer
TRUE
Your Answer
FALSE
Bitmap
Select The Blank
Question
The ________ was set up to help corrections in BOP maladjustments.
Correct Answer
IMF
Your Answer
IMF
Bitmap
Select The Blank
Question
The CRAFICARD recommended the establishment of ________.
Correct Answer
NABARD
Your Answer
NABARD
Bitmap
True/False
Question
NIDHIS are Trading Organisations.
Correct Answer
FALSE
Your Answer
FALSE
at 6:45 AM 0 comments Links to this post
Labels: Financial Institutions and Banking (Set II)

Financial Institutions and Banking - 4

Select The Blank
Question
HDFCs loans were linked up with________.
Correct Answer
Planned Savings
Your Answer
Planned Savings
Bitmap
True/False
Question
CPs are issued by corporate entities.
Correct Answer
TRUE
Your Answer
FALSE
Bitmap
Select The Blank
Question
AFC's membership consists of commercial, cooperative banks and DFIs including __
______.
Correct Answer
EXIM bank
Your Answer
EXIM bank
Bitmap
Multiple Choice Single Answer
Question
Money Markets Instruments have a maturity of less than :-
Correct Answer
One year
Your Answer
One year
Bitmap
Select The Blank
Question
Kisan Vikas Patra are issued through ________.
Correct Answer
Post Offices
Your Answer
Post Offices
Bitmap
Multiple Choice Single Answer
Question
Liquid assets to be maintained to a stipulated ratio under Section 24 of BR Act
is called :-
Correct Answer
Statutory Liquidity Ratio
Your Answer
Statutory Liquidity Ratio
Bitmap
True/False
Question
NABARD provides short term refinance for procurement activities also.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple Answer
Question
DFHI was set up jointly by :-
Correct Answer
RBI , Banks , All India Fis
Your Answer
Banks , All India Fis
Bitmap
True/False
Question
Small Savings are source of Capital Receipts for the Government.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple Answer
Question
Bonds issued by institutions through SPVs to execute infrastructure projects are
:-
Correct Answer
MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam Ltd
Your Answer
MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam Ltd
Bitmap
True/False
Question
Mortgage Loans are loans against property.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Select The Blank
Question
The extent of powers enjoyed by a branch depends on the size of its ________.
Correct Answer
Business
Your Answer
Business
Bitmap
Multiple Choice Multiple Answer
Question
Prominent Institutional Investors are :-
Correct Answer
Corporate Treasuries , Mutual Funds , Foreign Investors(FIIs)
Your Answer
Foreign Investors(FIIs) , Corporate Treasuries , Mutual Funds
Bitmap
True/False
Question
PFC has been persuading State Governments restructuring of their power sector to
make them viable.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Select The Blank
Question
Bills of Exchange and ________ are Money Market Instruments.
Correct Answer
Promissory Notes
Your Answer
Promissory Notes
Bitmap
True/False
Question
Bank Guarantee can be Performance of financial Guarantee.
Correct Answer
FALSE
Your Answer
FALSE
Bitmap
Match The Following
Question
Correct Answer
Your Answer
Inter Bank Call Money Markets
BRs, Call Money Receipts
Loans and advances
Money Market Instuments
CP, CD ,T- Bills
CP, CD ,T- Bills
Capital Market Instruments
Shares
Shares
Debt Market Instruments
GOI Securities ,Bonds
GOI Securities ,Bonds
Bitmap
Multiple Choice Single Answer
Question
Account where lump sum investment is made for specific period is :-
Correct Answer
Term Deposit account
Your Answer
Term Deposit account
Bitmap
True/False
Question
CP is a usance promissory note hence it can be negotiated by endorsement & deliv
ery.
Correct Answer
TRUE
Your Answer
FALSE
Bitmap
Multiple Choice Single Answer
Question
Money Markets Instruments have a maturity of less than :-
Correct Answer
One year
Your Answer
One year
Bitmap
Multiple Choice Multiple Answer
Question
The prominent Bond issuing PSU are :-
Correct Answer
MTNL , NTPC , SAIL
Your Answer
NTPC
Bitmap
True/False
Question
The Capital of NABARD is subscribed by World Bank.
Correct Answer
FALSE
Your Answer
FALSE
Bitmap
Multiple Choice Multiple Answer
Question
Post Offices are popular for mobilizing small savings of the public due to :-
Correct Answer
Wide network , Tax concessions , Saftey of funds
Your Answer
Wide network , Tax concessions , Saftey of funds
Bitmap
Multiple Choice Single Answer
Question
For a focus on the SSI Sector in 1986 IDBI created :-
Correct Answer
SIDF
Your Answer
SIDF
Bitmap
Select The Blank
Question
SCICI provides domestic & foreign loans for capital equipment and________ servic
es.
Correct Answer
Technical
Your Answer
Technical
Bitmap
True/False
Question
Non bank financial institutions undertake fund and non fund based activities.
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Select The Blank
Question
Mutual Funds provide the benefits of ________.
Correct Answer
Portfolio management
Your Answer
Long term returns
Bitmap
Select The Blank
Question
CRR and SLR are ________ reserves.
Correct Answer
Statutory
Your Answer
Statutory
Bitmap
Select The Blank
Question
An ________ letter of credit cannot be canceled by the buyer without the seller'
s consent.
Correct Answer
Irrevocable
Your Answer
Irrevocable
Bitmap
Multiple Choice Single Answer
Question
A Transaction on "payment later" basis is a :-
Correct Answer
Credit transaction
Your Answer
Credit transaction
Bitmap
Multiple Choice Single Answer
Question
A Bill in banking parlance means a :-
Correct Answer
Bill of Exchange
Your Answer
Bill of Exchange
Bitmap
Multiple Choice Single Answer
Question
A company issues CP to save on :-
Correct Answer
Interest cost
Your Answer
Interest cost
Bitmap
Multiple Choice Multiple Answer
Question
IDA lends to poor countries :-
Correct Answer
By borrowing from IBRD , By lending at 0% interest. , For periods up to ten year
s
Your Answer
By lending at 0% interest. , For periods up to ten years
Bitmap
Select The Blank
Question
The Premium of ________ is obtained through obligatory reinsurance premium.
Correct Answer
GIC
Your Answer
GIC
Bitmap
Multiple Choice Single Answer
Question
FIs can be classified into two categories depending on the basis of incorporatio
n and :-
Correct Answer
Operation
Your Answer
Operation
Bitmap
Multiple Choice Multiple Answer
Question
Basic Life insurance policies include :-
Correct Answer
Term insurance , Annuity contracts , Pension plans
Your Answer
Term insurance , Annuity contracts , Pension plans
Bitmap
Multiple Choice Single Answer
Question
Long term debt instruments have a maturity of :-
Correct Answer
Over one year
Your Answer
Over one year
Bitmap
True/False
Question
Cancellation of a Guarantee is known as "revocation".
Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Single Answer
Question
The unorganised market is made of :-
Correct Answer
Moneylenders
Your Answer
Moneylenders
Bitmap
Select The Blank
Question
Financial markets are the centres that provide facilities for buying and selling
of ________.
Correct Answer
Financial claims and services
Your Answer
Financial claims and services
Bitmap
Multiple Choice Multiple Answer
Question
Functions of R.O. of a bank include :-
Correct Answer
Inspection/audit , Control on branches , Grant loans/advances
Your Answer
Control on branches , Grant loans/advances
Bitmap
Multiple Choice Multiple Answer
Question
Financial Services offered by PFC include :-
Correct Answer
Term loans , lease finance , Loan Syndication
Your Answer
Term loans , lease finance , Loan Syndication
Bitmap
Multiple Choice Multiple Answer
Question
Functions of NIDHIs include :-
Correct Answer
Accepting Deposits , Granting loans , Encourage thrift
Your Answer
Accepting Deposits , Granting loans
Bitmap
Multiple Choice Multiple Answer
Question
In case of a Life policy it is possible to withdraw from the obligation to contr
ibute further premium by :-
Correct Answer
Surrendering the policy , Converting it into paid up policy , Assigning it in th
e open market
Your Answer
Surrendering the policy , Converting it into paid up policy , Assigning it in th
e open market
Bitmap
Match The Following
Question
Correct Answer
Your Answer
Aquaculture ,Brackish Water
Fisheries
Fisheries
Ploughing, weeding, transplantation
Seasonal Agricultural Operations
Seasonal Agricultural Operations
Market Yards, Storage & Warehousing
Agricultural Marketing
Agricultural Marketing
Hill ,Tribal Area development
Area Development
Area Development
Bitmap
Multiple Choice Multiple Answer
Question
Mutual fund has main entities like :-
Correct Answer
Sponsor , Trust , Asset Management company
Your Answer
Sponsor , Trust , Asset Management company
Bitmap
Multiple Choice Single Answer
Question
Financial institutions deal in :-
Correct Answer
Financial assets
Your Answer
Financial assets
at 6:34 AM 1 comments Links to this post
Labels: Financial Institutions and Banking (Set II)