Financial Institutions & Banking - 4, July 2011 Attempt

Q1:-structural adjustment loan facility of world bank is granted to nations
Ans:-planning for a long term growth

Q2:-reserve bank was established in accordance with the provisions of
Ans:-reserve bank of India act, 1934

Q3:-the members of the local boards of rbi are appointed by the
Ans:-central government

Q4:-equity shares of listed companies are traded in the_______ market.
Ans:-secondary

Q5:-the general insurance policies are generally underwritten for
Ans:-a period of one year and in some cases less than one year

Q6:-the tradable form of a loan is termed as a debt instrument
Ans:-true

Q7:-cps , cds and t.bills are_______ instruments
Ans:-discounted

Q8:-the securitized mortgage finance market in the country has been witnessing steady growth of over ____% in the past few years
Ans:-28

Q9:-small industries development bank of India was set up in
Ans:-jul-89

Q10:-STCI is a leading market maker of government of India securities
Ans:-true

Q11:-the securities scam centered upon sale of corporate bonds
Ans:-false

Q12:-transfer of stamp duty on debentures remain high in many states and is probably
Ans:-the biggest deterrent for trading in debentures resulting in lack of liquidity

Q13:-the regulated financial system has
Ans:-supervision and control systems

Q14:-the term ‘equated instalment’ refers to the repayment of loan along with interest in stipulated instalments
Ans:-true

Q15:-ncdc sanctions 100% working capital loan to regional/ state level marketing federations
Ans:-true

Q16:-govt. of India dated securities are issued as a part of borrowing programme
Ans:-approved by parliament in the finance bill each year

Q17:-nhb's guarantee is provided in respect of?
Ans.:-senior rmbs only.

Q18:-the treasury bills are issued by ____on behalf of the govt. Of india.
Ans:-rbi.

Q19:-the ultimate target groups under micro finance scheme of nedfi are?
Ans:-farmers,petty traders,women and youth.

Q20:-the life insurance business of large number of companies was nationalised in?
Ans:-1956

Q21:-multilateral investment guarantee scheme of the world bank helps in the growth of international trade.
Ans:-true

Q22:-to be eligible for nhb’s guarantee, the scheduled commercial bank should have been in the business of
Ans:-banking and finance in India for five years

Q23:-nabard is the apex bank for?
Ans:-channelising credit to agriculture.

Q24:-all the banks and other financial institutions operating in india comes under the monitoring and control of the?
Ans:-rbi

Q25:-nidhis are not commercial institutions and are broadly run on co-operative principles?
Ans:-true

Q26:-chit funds are saving institutions?
Ans:-true

Q27:-settlement of securities became electronic in?
Ans:-late 1990s

Q28:-a securities lending scheme was introduced in india?
Ans:-1997

Q29:-an initial quota for a new member of IMF is determined based on?
Ans:-the range of quota of its existing members considered comparable in economic size and characteristics

Q30:-unlike development banks,the IMF does not lend for specific projects.
Ans:-true

Q31:-as per sec.18b of the nhb act, nhb is authorised to recover dues in respect of securitisation of loans as arrears of land revenue in order to
Ans:-instil confidence among the investors in the securities issued by the nhb

Q32:-the insurance companies build a life fund out of
Ans:-excess of premiums and investment income over claims and expenses on revenue and capital accounts

Q33:-all the nationalised banks in india and almost all the private sectors banks are ________ scheduled banks
Ans:-commercial

Q34:-govt.of india dated securities can be issued in dematerialised form only
Ans:-false

Q35:-north eastern development finance corparation was set up by an act of parliament
Ans:-false

Q36:-working capital term loan scheme of NEDFi is meant for
Ans:-limited companies which are industrial concerns as defined by the IDBI act

Q37:-nidhis makes advances to its members against security such as
Ans:-house property,gold jewellery and shares

Q38:-the board for financial supervision (BFS) is a committee of the central board of directors of the reserve bank of India
Ans:-true

Q39:-SCICI limited. Was incorporated on 8th December
Ans:-1986

Q40:-govt. of India dated securities in physical form are tradable by
Ans:-endorsement and delivery of physical certificate

Q41:-pfc’s operational and financial action plan (OFAP) is formulated and implemented for
Ans:-state power utilities

Q42:-money market instruments are unsecured
Ans:-true

Q43:-cheque withdrawal facility is not available in case of
Ans:-term loans

Q44:-management of ncdc vests in
Ans:-general council

Q45:-____ was promoted by Indian banks of association
Ans:-afc

Q46:-the present day banking has its origin in
Ans:-u.k.

Q47:-in neef, promoters minimum contribution is
Ans:-15%

Q48:-a derivatives market was established in
Ans:-mid-2000

Q49:-the MFIs are mainly in the
Ans:-private sector

Q50:-after 1973, imf member countries adopted
Ans:-Floating exchange rates

Financial Institutions & Banking - 3, july 2011 attempt

Bitmap Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
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 BlankQuestion
One of the objectives of NHB is to augment the ________ resources for the housing sector.Correct Answer
Financial
Your Answer
Financial
Bitmap
Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
The lender of the last resort to the market is the :-Correct Answer
RBI
Your Answer
RBI
Bitmap
Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
Cetificate of deposit are issued byCorrect Answer
Banks
Your Answer
Banks
Bitmap
Multiple Choice Single AnswerQuestion
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 AnswerQuestion
The organised financial system includes :-Correct Answer
Commercial banks
Your Answer
Commercial banks
Bitmap
Select The BlankQuestion
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 AnswerQuestion
DFHI was incorporated under the :-Correct Answer
Companies Act, 1956
Your Answer
Companies Act, 1956
Bitmap
Select The BlankQuestion
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 AnswerQuestion
Certificate of deposit is a :-Correct Answer
Usance promissory note
Your Answer
Term Deposit Receipt
Bitmap
True/FalseQuestion
Amongst others, ICICI also provided long and medium term loans or equity finance.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
RBI sells securities through :-Correct Answer
Auction program , Open market operations , Private placements
Your Answer
Open market operations
Bitmap
Multiple Choice Single AnswerQuestion
The ultimate source of money in India is:-Correct Answer
RBI
Your Answer
RBI
Bitmap
Multiple Choice Single AnswerQuestion
Long term debt instruments have a maturity of :-Correct Answer
Over one year
Your Answer
Over one year
Bitmap
Multiple Choice Multiple AnswerQuestion
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/FalseQuestion
Under open market operation RBI conducts buying /selling shares/debentures of blue 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 BlankQuestion
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 AnswerQuestion
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 AnswerQuestion
Development Financial institutions include :-Correct Answer
State financial institutions
Your Answer
State financial institutions
Bitmap
Multiple Choice Single AnswerQuestion
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 BlankQuestion
The HDFC was set up in 1977 by the ________.Correct Answer
ICICI
Your Answer
ICICI
Bitmap
Multiple Choice Single AnswerQuestion
Instruments issued by DFIs and Banks carry :-Correct Answer
Highest credit ratings
Your Answer
Highest credit ratings
Bitmap
Multiple Choice Single AnswerQuestion
LIC of India was set up in :-Correct Answer
1956
Your Answer
1818
Bitmap
Select The BlankQuestion
Secured Premium Notes are ________.Correct Answer
Debentures
Your Answer
Debentures
Bitmap
Multiple Choice Single AnswerQuestion
PFC is committed to the integrated development of :-Correct Answer
Power
Your Answer
Power
Bitmap
True/FalseQuestion
Banks issue Guarantees on behalf of their clients.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
True/FalseQuestion
Banks authorised to deal in foreign exchange are known as Authorised Dealers.Correct Answer
FALSE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
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 AnswerQuestion
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 BlankQuestion
The ________ has been accredited by RBI as a Primary Dealer in Governemt Securities.Correct Answer
STCI
Your Answer
LIC of India
Bitmap
True/FalseQuestion
The SFCs also borrow from SIDBI & IDBI.Correct Answer
FALSE
Your Answer
TRUE
Bitmap
Select The BlankQuestion
Legally speaking Pass Through Certificates are ________ and are tradeable freely.Correct Answer
Promissory notes
Your Answer
Promissory notes
Bitmap
Select The BlankQuestion
DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies.Correct Answer
Debt instruments
Your Answer
Debt instruments
Bitmap
Multiple Choice Multiple AnswerQuestion
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/FalseQuestion
The currency notes issued by RBI are legal tender everywhere in India without any limit.Correct Answer
TRUE
Your Answer
FALSE
Bitmap
True/FalseQuestion
HDFC was set up by NHB.Correct Answer
FALSE
Your Answer
FALSE
Bitmap
True/FalseQuestion
PFC also provides reform & restructuring related studies.Correct Answer
TRUE
Your Answer
FALSE
Bitmap
Select The BlankQuestion
The ________ was set up to help corrections in BOP maladjustments.Correct Answer
IMF
Your Answer
IMF
Bitmap
Select The BlankQuestion
The CRAFICARD recommended the establishment of ________.Correct Answer
NABARD
Your Answer
NABARD
Bitmap
True/FalseQuestion
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 BlankQuestion
HDFCs loans were linked up with________.Correct Answer
Planned Savings
Your Answer
Planned Savings
Bitmap
True/FalseQuestion
CPs are issued by corporate entities.Correct Answer
TRUE
Your Answer
FALSE
Bitmap
Select The BlankQuestion
AFC's membership consists of commercial, cooperative banks and DFIs including ________.Correct Answer
EXIM bank
Your Answer
EXIM bank
Bitmap
Multiple Choice Single AnswerQuestion
Money Markets Instruments have a maturity of less than :-Correct Answer
One year
Your Answer
One year
Bitmap
Select The BlankQuestion
Kisan Vikas Patra are issued through ________.Correct Answer
Post Offices
Your Answer
Post Offices
Bitmap
Multiple Choice Single AnswerQuestion
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/FalseQuestion
NABARD provides short term refinance for procurement activities also.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple AnswerQuestion
DFHI was set up jointly by :-Correct Answer
RBI , Banks , All India Fis
Your Answer
Banks , All India Fis
Bitmap
True/FalseQuestion
Small Savings are source of Capital Receipts for the Government.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Multiple AnswerQuestion
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/FalseQuestion
Mortgage Loans are loans against property.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Select The BlankQuestion
The extent of powers enjoyed by a branch depends on the size of its ________.Correct Answer
Business
Your Answer
Business
Bitmap
Multiple Choice Multiple AnswerQuestion
Prominent Institutional Investors are :-Correct Answer
Corporate Treasuries , Mutual Funds , Foreign Investors(FIIs)
Your Answer
Foreign Investors(FIIs) , Corporate Treasuries , Mutual Funds
Bitmap
True/FalseQuestion
PFC has been persuading State Governments restructuring of their power sector to make them viable.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Select The BlankQuestion
Bills of Exchange and ________ are Money Market Instruments.Correct Answer
Promissory Notes
Your Answer
Promissory Notes
Bitmap
True/FalseQuestion
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 MarketsBRs, 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 AnswerQuestion
Account where lump sum investment is made for specific period is :-Correct Answer
Term Deposit account
Your Answer
Term Deposit account
Bitmap
True/FalseQuestion
CP is a usance promissory note hence it can be negotiated by endorsement & delivery.Correct Answer
TRUE
Your Answer
FALSE
Bitmap
Multiple Choice Single AnswerQuestion
Money Markets Instruments have a maturity of less than :-Correct Answer
One year
Your Answer
One year
Bitmap
Multiple Choice Multiple AnswerQuestion
The prominent Bond issuing PSU are :-Correct Answer
MTNL , NTPC , SAIL
Your Answer
NTPC
Bitmap
True/FalseQuestion
The Capital of NABARD is subscribed by World Bank.Correct Answer
FALSE
Your Answer
FALSE
Bitmap
Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer
SIDF
Your Answer
SIDF
Bitmap
Select The BlankQuestion
SCICI provides domestic & foreign loans for capital equipment and________ services.Correct Answer
Technical
Your Answer
Technical
Bitmap
True/FalseQuestion
Non bank financial institutions undertake fund and non fund based activities.Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Select The BlankQuestion
Mutual Funds provide the benefits of ________.Correct Answer
Portfolio management
Your Answer
Long term returns
Bitmap
Select The BlankQuestion
CRR and SLR are ________ reserves.Correct Answer
Statutory
Your Answer
Statutory
Bitmap
Select The BlankQuestion
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 AnswerQuestion
A Transaction on "payment later" basis is a :-Correct Answer
Credit transaction
Your Answer
Credit transaction
Bitmap
Multiple Choice Single AnswerQuestion
A Bill in banking parlance means a :-Correct Answer
Bill of Exchange
Your Answer
Bill of Exchange
Bitmap
Multiple Choice Single AnswerQuestion
A company issues CP to save on :-Correct Answer
Interest cost
Your Answer
Interest cost
Bitmap
Multiple Choice Multiple AnswerQuestion
IDA lends to poor countries :-Correct Answer
By borrowing from IBRD , By lending at 0% interest. , For periods up to ten years
Your Answer
By lending at 0% interest. , For periods up to ten years
Bitmap
Select The BlankQuestion
The Premium of ________ is obtained through obligatory reinsurance premium.Correct Answer
GIC
Your Answer
GIC
Bitmap
Multiple Choice Single AnswerQuestion
FIs can be classified into two categories depending on the basis of incorporation and :-Correct Answer
Operation
Your Answer
Operation
Bitmap
Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
Long term debt instruments have a maturity of :-Correct Answer
Over one year
Your Answer
Over one year
Bitmap
True/FalseQuestion
Cancellation of a Guarantee is known as "revocation".Correct Answer
TRUE
Your Answer
TRUE
Bitmap
Multiple Choice Single AnswerQuestion
The unorganised market is made of :-Correct Answer
Moneylenders
Your Answer
Moneylenders
Bitmap
Select The BlankQuestion
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 AnswerQuestion
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 AnswerQuestion
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 AnswerQuestion
Functions of NIDHIs include :-Correct Answer
Accepting Deposits , Granting loans , Encourage thrift
Your Answer
Accepting Deposits , Granting loans
Bitmap
Multiple Choice Multiple AnswerQuestion
In case of a Life policy it is possible to withdraw from the obligation to contribute further premium by :-Correct Answer
Surrendering the policy , Converting it into paid up policy , Assigning it in the open market
Your Answer
Surrendering the policy , Converting it into paid up policy , Assigning it in the 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 AnswerQuestion
Mutual fund has main entities like :-Correct Answer
Sponsor , Trust , Asset Management company
Your Answer
Sponsor , Trust , Asset Management company
Bitmap
Multiple Choice Single AnswerQuestion
Financial institutions deal in :-Correct Answer
Financial assets
Your Answer
Financial assets

Financial Institutions and Banking- 2

LIST OF ATTEMPTED QUESTIONS AND ANSWERS
True/FalseQuestion
Gramin banks are State Owned Banks.
Correct Answer
True
Your Answer
True

Select The BlankQuestion
CRR and SLR are ________ reserves.
Correct Answer
Statutory
Your Answer
Statutory

True/FalseQuestion
Banks do not invest in the GOI securities .
Correct Answer
False
Your Answer
False

Multiple Choice Multiple AnswerQuestion
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 BlankQuestion
Mutual Funds provide the benefits of ________.
Correct Answer
Portfolio management
Your Answer
Portfolio management

Select The BlankQuestion
Syndication involves ________ sanction.
Correct Answer
In principle
Your Answer
Final

Select The BlankQuestion
The ________ regulation makes the banks the largest investor in the GOI securities.
Correct Answer
SLR
Your Answer
SLR

Select The BlankQuestion
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 AnswerQuestion
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 AnswerQuestion
Instruments issued by DFIs and Banks carry :-
Correct Answer
Highest credit ratings
Your Answer  
Highest credit ratings

Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
Money Markets Satisfy the needs of :-
Correct Answer
Short term nature
Your Answer
Short term nature

Multiple Choice Single AnswerQuestion
Development Financial Institutions provide finance to the needy
Correct Answer
Corporates & govt. institutions
Your Answer
Corporates & govt. institutions

True/FalseQuestion
NABARD does not provide Refinance for stocking & distribution of Chemical Fertilisers.
Correct Answer
False
Your Answer
False

True/FalseQuestion
The SFCs also borrow from SIDBI & IDBI.
Correct Answer
True
Your Answer
True

Multiple Choice Single AnswerQuestion
A major part of the credit of SFCs went to :-
Correct Answer
SSI units
Your Answer
Exporters

True/FalseQuestion
Mortgage Loans are loans against property.
Correct Answer
True
Your Answer
True

Multiple Choice Single AnswerQuestion
The unorganised financial system includes :-
Correct Answer
Indigenous bankers
Your Answer
Indigenous bankers

Select The BlankQuestion
HDFCs loans were linked up with________.
Correct Answer
Planned Savings
Your Answer
Recovery record

Multiple Choice Single AnswerQuestion
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/FalseQuestion
CPs are issued by corporate entities.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple AnswerQuestion
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 AnswerQuestion
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 FollowingQuestion
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 AnswerQuestion
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 BlankQuestion
Interest on advances is generally calculated on ________ products.
Correct Answer
Daily
Your Answer
Fortnightly

Multiple Choice Single AnswerQuestion
IDBI has helped in the establishment of :-
Correct Answer
EXIM Bank
Your Answer
EXIM Bank

Multiple Choice Multiple AnswerQuestion
Under Project Finance Scheme IDBI provides assistance for :-
Correct Answer
New Projects , Renovation , Modernisation
Your Answer
New Projects , Renovation , Working capital

Multiple Choice Single AnswerQuestion
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 BlankQuestion
SCICI provides domestic & foreign loans for capital equipment and________ services.
Correct Answer
Technical
Your Answer
Technical

Multiple Choice Multiple AnswerQuestion
The main objective of ICICI was :-
Correct Answer
To augment export finance in India , To channelise World Bank's funds to industries 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 industries in India , To help in building up a Capital Market in India

Multiple Choice Multiple AnswerQuestion
Functions of NIDHIs include :-
Correct Answer
Accepting Deposits , Granting loans , Encourage thrift
Your Answer
Accepting Deposits , Granting loans , Encourage thrift

Multiple Choice Single AnswerQuestion
IDBI was initially set up as :-
Correct Answer
Subsidy of RBI
Your Answer
Public sector Bank

Multiple Choice Multiple AnswerQuestion
For its long term operations NABARD raises funds by :-
Correct Answer
Floating Bonds in open market , Drawing from the Central Govt. , Drawing from National Rural credit Funds
Your Answer
Floating Bonds in open market , Drawing from the Central Govt. , Drawing from National Rural credit Funds

Select The BlankQuestion
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/FalseQuestion
IDA does not lend to countries that are not in a position to borrow from IBRD.
Correct Answer
False
Your Answer
True

Select The BlankQuestion
General insurance policies are genarally issued for ________ year.
Correct Answer
One
Your Answer
Three

True/FalseQuestion
SCICI is a member of the OTCEI.
Correct Answer
True
Your Answer
False

Multiple Choice Single AnswerQuestion
The deposit account offering cheque withdrawal facility is known as :-
Correct Answer
Current account
Your Answer
Current account

Match The FollowingQuestion
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 AnswerQuestion
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 AnswerQuestion
The apex institution in the field of Industrial Development is :-
Correct Answer
IDBI
Your Answer
IDBI

Multiple Choice Multiple AnswerQuestion
A member's IMF Quota determines its :-
Correct Answer
Financial commitment , Voting power , Drawing power
Your Answer
Voting power , Drawing power , GNP

True/FalseQuestion
CP is a usance promissory note hence it can be negotiated by endorsement & delivery.
Correct Answer
True
Your Answer
False

Multiple Choice Single AnswerQuestion
The objective of ICICI was to assist the :-
Correct Answer
Private sector
Your Answer
Private sector

True/FalseQuestion
NABARD provides short term refinance for procurement activities also.
Correct Answer
True
Your Answer
True

Select The BlankQuestion
Period of Holiday Insurance is ________.
Correct Answer
Six months or less
Your Answer
One year or more