Wednesday, 20 July 2011

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

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