Financial Institutions and Banking - 1

LIST OF ATTEMPTED QUESTIONS AND ANSWERS



Multiple Choice Single AnswerQuestion
The first long term industrial financing corporation set up in the country was :-
Correct Answer
IFCI
Your Answer
IFCI

True/FalseQuestion
The Capital of NABARD is subscribed by World Bank.
Correct Answer
False
Your Answer
False

Multiple Choice Single AnswerQuestion
Financial institutions deal in :-
Correct Answer
Financial assets
Your Answer
Real assets

Multiple Choice Single AnswerQuestion
In addition to sugar Industry IFCI has predominantly lent to :-
Correct Answer
Textile sector
Your Answer
Textile sector

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 , Payments of Royalty

True/FalseQuestion
NABARD provides Refinance for Marketing of Crops.
Correct Answer
True
Your Answer
True

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

Multiple Choice Single AnswerQuestion
Development Financial institutions include :-
Correct Answer
State financial institutions
Your Answer
State financial institutions

Select The BlankQuestion
NABARDs Criteria for Refinance covers Technical ________ of the project.
Correct Answer
Feasibility
Your Answer
Feasibility

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

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

Select The BlankQuestion
NHB at present has a ________ Capital of Rs. 350 crores.
Correct Answer
Paid-up
Your Answer
Paid-up

Select The BlankQuestion
One of the objectives of NHB is to augment the ________ resources for the housing sector.
Correct Answer
Financial
Your Answer
Financial

Match The FollowingQuestion
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 AnswerQuestion
NABARD was established on the recommendations of :-
Correct Answer
CRAFICARD
Your Answer
CRAFICARD

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 , Drawing power

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

Select The BlankQuestion
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 AnswerQuestion
Tourism promotes :-
Correct Answer
Credit Card Business , International remittances , Travellers' Cheques
Your Answer
Credit Card Business , International remittances , Travellers' Cheques

True/FalseQuestion
Development financial institutions primarily lend to Agriculture sector.
Correct Answer
False
Your Answer
True

Select The BlankQuestion
The ________ is the apex institution in the field of foreign trade in India.
Correct Answer
EXIM bank
Your Answer
EXIM bank

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

True/FalseQuestion
Non bank financial institutions undertake fund and non fund based activities.
Correct Answer
True
Your Answer
True

Select The BlankQuestion
The CRAFICARD recommended the establishment of ________.
Correct Answer
NABARD
Your Answer
NABARD

Select The BlankQuestion
The price in financial markets is known as ________.
Correct Answer
Rate of interest
Your Answer
Coupen

True/FalseQuestion
Gramin banks are State Owned Banks.
Correct Answer
True
Your Answer
True

Multiple Choice Single AnswerQuestion
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 BlankQuestion
Syndication involves ________ sanction.
Correct Answer
In principle
Your Answer
In principle

Multiple Choice Multiple AnswerQuestion
Treasuries could be either those of the :-
Correct Answer
Private Sector Cos. , Govt.bodies , PSUs
Your Answer
PSUs , Govt.bodies , FIIs

Multiple Choice Single AnswerQuestion
Treasury Bills are actually a class of :-
Correct Answer
Govt.Securities
Your Answer
Govt.Securities

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

True/FalseQuestion
HDFC was set up by NHB.
Correct Answer
False
Your Answer
False

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
Most of the Indian PS Banks practice retail banking.
Correct Answer
True
Your Answer
True

True/FalseQuestion
The overdraft facility is also known as Cash credit facility.
Correct Answer
True
Your Answer
False

True/FalseQuestion
CPs are issued by corporate entities.
Correct Answer
True
Your Answer
True

True/FalseQuestion
PFC has been persuading State Governments restructuring of their power sector to make them viable.
Correct Answer
True
Your Answer
True

Multiple Choice Single AnswerQuestion
The organised financial system includes :-
Correct Answer
Commercial banks
Your Answer
Commercial banks

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

Select The BlankQuestion
55% of HUDCO loans are earmarked for________& low income groups.
Correct Answer
Weaker sections
Your Answer
Weaker sections

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

True/FalseQuestion
The currency notes issued by RBI are legal tender everywhere in India without any limit.
Correct Answer
True
Your Answer
True

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

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

Multiple Choice Multiple AnswerQuestion
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 FollowingQuestion
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