Financial Institutions and Banking

Financial Institutions & Banking

1. Banks earns non-operating income by way of: commission on bills/ guarantees/ letters of credit; loan processing fees, loan syndication fees etc

2. Investment institutions are: UTI, LIC3. During the first fifteen years, the IFCI has lent predominantly to: sugar co-operatives, textile industry4. In chit fund schemes, members make regular periodical subscriptions and: the periodic collection is given to some member selected in a previously agreed manner

5. Short-term debenture issuance attracts stamp duty but a letter of allotment of short-term debentures does not attract stamp duty. True6. Zero coupon bonds are issued at a discount to face value with the: discount providing the implicit interest payment7. NHB supervises the housing finance sector through a system of on- site and off- side surveillance.

8. NHB offers financial assistance under its project lending scheme for various projects such as: township development and slum redevelopment projects

9. Land Development Banks give loans to their members for productive developments. True10. Nidhis make advances to its members against security such as: house property, gold, jewellery and shares / bank fixed deposits

11. Many federations formed by SHGs perform non-financial functions such as: social and capacity building activities, internal audit and training of SHGs

12. There is no tax deducted at source from the interest component of money market instruments. False13. Primary weavers cooperative societies are financed by scheduled commercial banks through: state cooperative banks14. There are 27 state or central land development banks in the country.

15. Non- bank financial institutions such as LIC, GIC and UTI operate in the money market through banks/RBI.

16. The cash flows arising out of home loan payments are passed by investors to the SPV. False17. Unit Trust of India (UTI) was set up by: an act of parliament18. As per NHBs pool selection criteria, the pool of home loans must comprise of only fixed interest bearing home loans. True19. The unorganized money market is now shrinking because of: the fast expansion of the organized money marketMatch the following:

A slack season monetary policy=October-March

A busy season monetary policy=April-September

Public debt

=borrowings of central and state

Fiscal policy

=govt. of India budget exercise

20. RBI usually carries out OMOs out of the surplus funds of: Exim bank, NABARD21. Export credit guarantee corporation of India limited is a company: wholly-owned by the government of India; functioning under the administrative control of the Ministry of Commerce

22. The investment companies are pure financial intermediaries that: specialise in mobilization of public savings for investment in corporate securities23. Securitization has become a new source of fee-based income. True24. Some investment companies are called open-ended investment companies because: it always stands ready to sell and redeem its share at prices based on the current value of their assets which means their capital end is always kept open

25. Wholesale banking typically involves: a large number of very small customers26. Securitization improves capital adequacy ratio through transfer of risk weighted assets. True27. DICGC insures all deposits such as savings, fixed, current, recurring etc, deposit except: deposits of state/ central/ foreign governments; inter-bank deposits28. ICICI was promoted by: the world bank, the government, a steering committee of businessman29. Under securitization process, the pool receivables are assigned, transferred and conveyed: to NHB by the housing finance company30. The general insurance companies are also known as property and casualty or liability insurance companies.

31. DFHI was set up under the companies act, 1956 with share capital subscribed by: RBI, Public sector banks and, All-india financial institutions32. NHB decides the rate of interest for financial assistance/ loan based on the: internal credit rating assigned to the borrower33. Remittance of funds from one place to another through banks takes place by various modes such as: mail transfers, telegraphic transfers and demand drafts; electronic funds transfer34. The balances held under CRR and SLR are together known as statutory reserve of a bank.

35. SCICI limited is not authorised to underwrite equity or debt issues and other securities. False36. NCDCs financial assistance is individual beneficiary oriented and is not meant for the institutional development of the co-operatives. False37. The minimum size of the bonds/ debenture issued by housing finance company should be Rs. 10 crores if the issue is to be guaranteed by NHB.

38. The servicing and paying agent appointed by the NHB will: collect the monthly installments from borrowers of the transferred pool of mortgages; enforce the rights and powers in respect of these housing loans; pay the amount collect to the originators

39. SCICI limited provides financial assistance to enterprises in various forms such as: domestic and foreign currency loans; deferred payment credit40. National housing bank guarantees repayment of bonds issued by the housing finance companies to the extent of: repayment of principal and interest thereon41. The Net saving to the originator as result of the NHBs guarantee shall be equally shared between: the NHB and the holders of subordinate RBMS/ originator42. There were as many as 245 insurance companies of different sizes, ages and patterns of organisation on the eve of nationalization. True43. A special scheme developed exclusively for women entrepreneurs at liberal terms and conditions is known as: women enterprise development schemeMatch the following:

Public debt act, 1994

=governs government debt market

Negotiable instruments act, 1881

=governs the financial sector

Banking regulation act, 1949

=governs banking operations

Securities contract (regulation) act, 1956=governs government securities

44. In the event of securitization of mortgage debts by the NHB, the NHB may decide to appoint various agencies such as: issues arrangers, in originator and registrar and transfer agent45. Economic reforms forced the financial institutions to raise resources at: market rates of interest46. Irrespective of whether a bank finds its name in the schedule to the RBI Act its scheduled status can be found out from: its banking licence47. The Board for financial supervision (BFS) is a committee of the central board of director of the reserve bank of India. True48. IFCI extends loans only in Indian rupees. False49. Majority of NGOs have undertaken the task of financial intermediation and are registered as a trust or society.

50. Corporate banking group of Exim bank handles financing of: export oriented units (EOUs) and importers51. The national housing banks main functions are: to act as a principal agency to promote housing finance institutions; to provide financial and other supports to housing finance institutions

52. NABARD provides refinance to commercial banks and state co-operative banks for financing to: the state handloom development corporations

53. Loan syndication and handling of GDR/ADR issues for customers are called fund based activities of the bank. False54. DFHI was set up with the main objective of: promoting secondary market in short term money market instruments and; to even out the liquidity imbalances in the banking system

55. Primarily banking functions revolved around acceptance of deposits and granting of loans. True56. The capital of the IRBI has been subscribed by the Govt. of India. FalseMatch the following:

Agricultural engineering=soil and water conservation

Horticulture

=fruit crops

Forestry

=wasteland development

Fisheries

=aquaculture

57. The role of IMF was: collection and allocation of reserves, supervising the adjustable peg system and; advise number countries on their international monetary affairs

58. The main trade instruments in the money market are discounted instruments which means: they are issued at a discount to their maturity value; the difference between the issuing price and maturity/ face value is the implicit interest

59. National housing bank is a financial institution.

60. Regional development agencies concentrate on the development of a region e.g.: Asian development bank; African development bank61. The per the preamble of the NABARD act 1981, national bank of agriculture and rural development (NABARD) was established for: integrated rural development; securing prosperity of rural areas62. The settlements of securities became electronic in: the late 1990s63. Shri MAHILA Sewa Sahakari Bank was the first bank providing: banking services to the poor self-employed women working as hawkers, vendors, domestic servant etc.

64. The funds mobilised by a mutual fund are managed by the asset management company.

65. Pre-shipment credit facility means providing finance: at the manufacturing stage66. The primary mortgage market activity in the housing finance sector mainly comprise of the creation of: mortgages as a result of transactions between the borrower and the primary lender67. Overdraft facility in India is called cash credit facility in the case of business enterprises.

68. Finance Institution and Banking-II69. The savings habit among the public will: boost the economic growth of the country70. HDFC discontinued the home saving plan scheme from March 1993 because: it had become unviable71. Multilateral investment guarantee scheme of the world bank offers various forms of political insurance.

72. The financial assistance provided by the IMF enables member countries to: rebuilt their international reserves, stabilise the currencies and; continue paying for imports without having to impose trade restrictions or capital controls

73. In respect of life insurance policy, it is possible to withdraw from the obligation to contribute further premiums by: surrendering or assigning the policy; raising a long on it or converting it into a free or paid-up policy

74. A general review of quotas allows for adjustment of members quotas to reflect changes in their relative positions in the world economy. True75. Industrial finance corporation of India was established in 1948.

76. SIDBI was established by charter as per the small industrial development bank of India act, 1989. True

77. IFCI, though empowered to undertake assistance in all forms, is essentially is lending agency. True78. In order to initiate large involvement of rural population, NEDFi provides credit and other facilities for promotion of: agri-horticulture plantation, medicinal plantation; dairy, poultry, sericulture and aquaculture79. The financial system is divided into users of financial services and providers.

80. RBI performs the function of financial supervision under the guidance of: the board of financial supervision81. The term financial contagion means: a country implementing sound economics policies finds itself threatened by a crisis elsewhere in the world economy82. As a part of reforms process, the exchange controls on current account transactions were progressively relaxed. True83. The Exim bank was established on 1-Jan-82.

Match the following:

NGO=Non-governmental organisation

RDFI=regional development financial

NEEF=north east equity fund

TEDF=Techno-Economic Development

84. National co-operative development corporation (NCDC) raises its resources through: market borrowings; allocations from govt. of India and international assistance

85. Some of the important purposes in the formation of IMF relating to exchange arrangements were to: promote exchange stability and to maintain orderly exchange arrangements among members; avoid competitive exchange depreciation

86. Through open market sale and purchase of government securities (OMO), the RBI can affect: the reserve position of bank; the cost of bank credit and yields on government securities

87. In the case of scheduled bank, it is allowed by RBI to carry on extensive banking operations including: foreign exchange operations88. Post independence, the main hurdle for countrys growth was: lack of sources of finance for industries89. Post reforms, for trading in government securities: a system of primary dealers and satellite dealers was set up90. Put options on the corporate bonds make the bonds more difficult to sell. False91. NCDC sanctions proposals of individual society / projects only on the recommendations of: the concerned state government92. Agricultural Finance Consultancy Ltd(AFC) activities cover :- Pre-feasibility studies , Regional /Sectoral planning , Benchmark Surveys93. Duties of an International Banking unit cover :- Handling foreign currency , Handling Doc. credits , Granting lines of Credit94. One of the objectives of NHB is to augment the ________ resources for the housing sector. Financial95. The unorganised financial system comprises of :- Money lenders , Indigenous bankers , Lending pawn brokers96. The lender of the last resort to the market is the :- RBI97. Credit Information report is also known as :- Credit report , Banker's report , Confidential report98. Cetificate of deposit are issued by: Banks99. A record of the holdings of GOI dated securities of each holder is contained in :- SGL pass book100. The organised financial system includes :- Commercial banks101. Development financial institutions have been established to cater to ________ of the industrial sector. Long term financial needs102. DFHI was incorporated under the :- Companies Act, 1956103. The ________ meet the long and medium term credit needs of agriculture. Land Development Banks104. Certificate of deposit is a :- Usance promissory note105. Amongst others, ICICI also provided long and medium term loans or equity finance. TRUE106. EXIM Bank provides financial assistance to:- Indian Companies , Commercial Banks , Foreign Governments107. RBI sells securities through :- Auction program , Open market operations , Private placements108. The ultimate source of money in India is:- RBI109. Long term debt instruments have a maturity of :- Over one year110. R B I conducts monetary control by way of O M O in :- Treasury bills , State /central Government Securities111. Under open market operation RBI conducts buying /selling shares/debentures of blue chip companies. FALSE112. The Shipping Credit and Investment Company of India Ltd. has changed its name to ________ effective from October 1992. SCICI Ltd113. A member's IMF Quota determines its :- commitment , Voting power , Drawing power114. Development Financial institutions include :- State financial institutions115. The unorganised financial system includes: - Indigenous bankersMatch The FollowingFruit Crops, Floriculture, Vegetables

HorticultureInstitutional studies, Dwell Time Studies

Surveys & StudiesAgronomy, Crop Planning, Plant Protection, Farm InputsCrop ProductionCanals & Rivers, Drip Irrigation

Irrigation & Drainage116. The HDFC was set up in 1977 by the ________.ICICI117. Instruments issued by DFIs and Banks carry :-Highest credit ratings118. LIC of India was set up in :-1956119. Secured Premium Notes are ________.Debentures120. PFC is committed to the integrated development of :-Power121. Banks issue Guarantees on behalf of their clients.TRUE122. Banks authorised to deal in foreign exchange are known as Authorised Dealers. FALSE123. DFHI was set up with the following objective :-To even out imbalances , To provide liquidity , To promote secondary market124. NABARD has taken over the entire functions of :- ARDC , ACD of RBI , RPCD of RBI125. R B I issues currency notes against the security of:- Gold bullion , Foreign securities , GOI securities126. The ________ has been accredited by RBI as a Primary Dealer in Governemt Securities. STCI127. The SFCs also borrow from SIDBI & IDBI. FALSE128. Legally speaking Pass Through Certificates are ________ and are tradeable freely. Promissory notes129. DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies. Debt instruments130. From time to time RBI has issued :- Straight coupon bonds , Inflation linked bonds , Zero coupon bonds131. The currency notes issued by RBI are legal tender everywhere in India without any limit. TRUE132. HDFC was set up by NHB. FALSE133. PFC also provides reform & restructuring related studies. TRUE134. The ________ was set up to help corrections in BOP maladjustments. IMF135. The CRAFICARD recommended the establishment of ________. NABARD136. NIDHIS are Trading Organisations.FALSE137. Gramin banks are State Owned Banks.True138. CRR and SLR are ________ reserves.Statutory139. Banks do not invest in the GOI securities . False140. SIDBI provides :-Refinance , Rediscounting of Bills , Financial support to SSIDC141. Mutual Funds provide the benefits of ________.Portfolio management142. Syndication involves ________ sanction.In principle143. The ________ regulation makes the banks the largest investor in the GOI securities.SLR144. In addition to IFCI and ________ the Soft Loan Scheme for modernisation is also undertaken by IDBI. ICICI145. NABARD has taken over the entire functions of :-ARDC , ACD of RBI , RPCD of RBI146. Instruments issued by DFIs and Banks carry :-Highest credit ratings147. Other than Tourism, International funds remittances comprise of :-Donations/Charity , Payments of Salaries , Payments of Royalty148. Money Markets Satisfy the needs of :-Short term nature149. Development Financial Institutions provide finance to the needyCorporates & govt. institutions150. NABARD does not provide Refinance for stocking & distribution of Chemical Fertilisers.False151. The SFCs also borrow from SIDBI & IDBI.True152. A major part of the credit of SFCs went to :-SSI units153. Mortgage Loans are loans against property.True154. The unorganised financial system includes :-Indigenous bankers155. HDFCs loans were linked up with________.Planned Savings156. Initial Quantum of resources of IMF were contributed by members according to :-Quotas fixed for members157. CPs are issued by corporate entities.True158. EXIM Bank provides financial assistance to:-Indian Companies , Commercial Banks , Foreign Governments159. Functions of R.O. do not cover :-SLR/CRR maintenance , Liaison with RBI/IBA , Issuing Lending PolicyMatch The FollowingInter Bank Call Money MarketsBRs, Call Money ReceiptsMoney Market Instuments

CP, CD ,T- BillsCapital Market Instruments

SharesDebt Market Instruments

GOI Securities ,Bonds160. Which of the following statements are not prepared on a daily basis in branch?Cash Book , Trial Balance , P/L statement161. Interest on advances is generally calculated on ________ products.Daily162. IDBI has helped in the establishment of :-EXIM Bank163. Under Project Finance Scheme IDBI provides assistance for :- New Projects , Renovation , Modernisation164. Deposits per depositor per bank are secured by DICGC up to a sum of :-Rs. one lac.165. SCICI provides domestic & foreign loans for capital equipment and________ services.Technical166. The main objective of ICICI was :-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 India167. Functions of NIDHIs include :-Accepting Deposits , Granting loans , Encourage thrift168. IDBI was initially set up as :-Subsidy of RBI169. For its long term operations NABARD raises funds by :-Floating Bonds in open market , Drawing from the Central Govt. , Drawing from National Rural credit Funds170. Financial markets are the centres that provide facilities for buying and selling of ________.Financial claims and services171. IDA does not lend to countries that are not in a position to borrow from IBRD.False172. General insurance policies are genarally issued for ________ year.One173. SCICI is a member of the OTCEI.True174. The deposit account offering cheque withdrawal facility is known as :-Current accountMatch The FollowingCRR

Primary reserve requirementBankers Bank

Controlling the reserves of commercial banksExchange control

FEMAOMO

Government securities175. The loans of finance companies are generally :-At high interest , Unsecured , Based on borrowers worth176. The apex institution in the field of Industrial Development is :-IDBI177. A member's IMF Quota determines its :-Financial commitment , Voting power , Drawing power178. CP is a usance promissory note hence it can be negotiated by endorsement & delivery.True179. The objective of ICICI was to assist the :-Private sector180. NABARD provides short term refinance for procurement activities also.True181. Soft Loan Scheme for modernisation is provided by :- IFCI , ICICI , SIDBIMatch The FollowingCharitable Trusts Rajiv Gandhi Foundation PSU

MTNL ,SAIL, KRC Mutual Funds UTI ,ICICI Prudential Statutory Trusts Port Trust 182. Under MIGA the World bank offers various forms of Political Insurance.True183. Commercial Papers are issued by :-Corporates184. Investment on a monthly basis and repayment on due date is made in :-Recurring deposit185. Issuance of CD attracts reserve requirements.False186. State loans are much less liquid than GOI Securities.True187. IDBI was delinked from RBI and it became autonomous in the year :-1976188. One of the leading All India FI is :-SIDBI189. The largest member of the IMF is the :-U.S.A.190. The foreign currency account maintained by an authorised dealer with its correspondent abroad is :- Nostro Account191. As a banker to the Government, RBI accepts Government deposits at ________% interest.0192. The word ' Tranche ' is a French word which means :-

A Slice193. Size of the Quota depended upon :-GNPMatch The FollowingSmall Savings

Chit FundsGen.Insurance

NICo of India Ltd.Life Insurance

LIC of India LtdMutual fund

UTI194. CPs have to be compulsorily rated.True195. If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of Rs. 5 is known as the :- Discount196. IIBI (formerly known as IRBI )undertakes :-Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services197. The loans under________ are based on Poverty Reduction Strategy Paper.PRGF198. Functions of a Bank's H.O. include:-Liaison with RBI , Evolve Policies , Vigilance & Control199. DICGC also provides :-Security to depositsMatch The FollowingInsurance of all employees of a FirmGroup InsurancePremium Throughout Life

Whole LifeFixed Period Insurance

EndowmentInsurance of ocean Cargo

Marine Insurance200. A Cheque is a Negotiable Instrument.True201. Which one of the following is not a deposit account?Cash Credit account202. The ________ does not collect Savings from the Public.NIICO Ltd.203. IMF articles were amended in 1978 to legalise the :-Floating exchange rates204. ________ is merely an asset created out of book entries.SDR

Match the following:

Regional Rural BankThane Gramin BankPublic Sector BankIndian BankPrivate Sector BankBank of Rajasthan LtdForeign Bank

CITI BANK205. Syndication of Loans Globally does not involve any funds as it is ________ activity.Non-fund based206. Issuance of CD attracts reserve requirements.False207. The repayment holiday period is also known as ________ period.Moratorium208. Zero Coupon Bonds are issued at a :-Discount to face value209. DICGC does not insure the deposits :- Of foreign Governments , Of State Cooperative Banks , Of the Central Government

210. Match The FollowingSmall Savings




UTI211. Which one of the following is a Cooperative Bank?COSMOS BANK212. Liabilities of Insurance Cos are mostly :-Long term213. GIC raises funds to meet claims from ________.Premium collected214. Issuance of CD attracts reserve requirements.False215. Investment on a monthly basis and repayment on due date is made in :-Recurring deposit216. A current account where the customer can withdraw more than the balance is :-Overdraft217. SIDBI commenced its operations from :-April 2,1990Match The FollowingNABARD Rural Development AFC Ltd Consultancy HUDCO Housing NCDC Development of Cooperatives218. The first long term industrial financing corporation set up in the country was :-IFCI219. The Capital of NABARD is subscribed by World Bank.False220. Financial institutions deal in :-Financial assets221. In addition to sugar Industry IFCI has predominantly lent to :-Textile sector222. Other than Tourism, International funds remittances comprise of :-Donations/Charity , Payments of Salaries , Payments of Royalty223. NABARD provides Refinance for Marketing of Crops.True224. R B I conducts monetary control by way of O M O in :- Treasury bills , State /central Government Securities225. Development Financial institutions include :-State financial institutions226. NABARDs Criteria for Refinance covers Technical ________ of the project. Feasibility227. Banks do not invest in the GOI securities .False228. The unorganised financial system comprises of :- Money lenders , Indigenous bankers , Lending pawn brokers229. NHB at present has a ________ Capital of Rs. 350 crores.Paid-up230. One of the objectives of NHB is to augment the ________ resources for the housing sector. FinancialMatch The FollowingCRR

Primary reserve requirementBankers Bank

Controlling the reserves of commercial banksExchange controlFEMAOMO

Government securities231. NABARD was established on the recommendations of :-CRAFICARD232. A member's IMF Quota determines its :-Financial commitment , Voting power , Drawing power233. Credit Information report is also known as :-Credit report , Banker's report , Confidential report234. Development financial institutions have been established to cater to ________ of the industrial sector. Long term financial needs235. Tourism promotes :-Credit Card Business , International remittances , Travellers' Cheques236. Development financial institutions primarily lend to Agriculture sector.False237. The ________ is the apex institution in the field of foreign trade in India.EXIM bank238. Financial markets are the centres that provide facilities for buying and selling of ________. Financial claims and services239. Non bank financial institutions undertake fund and non fund based activities.

True240. The CRAFICARD recommended the establishment of ________.NABARD241. The price in financial markets is known as ________.Rate of interest242. Gramin banks are State Owned Banks.True243. A credit facility under which a borrower can withdraw up a certain limit subject to availability of adequate security is :- Cash Credit account

Select The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller against a letter of credit.Correct Answer NegotiationYour Answer Negotiation

Multiple Choice Multiple AnswerQuestion Soft Loan Scheme for modernisation is provided by :-Correct Answer IFCI , ICICI , SIDBI

Match The FollowingQuestion Correct Answer Your AnswerCharitable Trusts Rajiv Gandhi Foundation Rajiv Gandhi FoundationPSU MTNL ,SAIL, KRC MTNL ,SAIL, KRCMutual Funds UTI ,ICICI Prudential UTI ,ICICI PrudentialStatutory Trusts Port Trust Port Trust

True/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer True

Multiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer Corporates Question Investment on a monthly basis and repayment on due date is made in :-Correct Answer Recurring deposit

True/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer False

True/FalseQuestion State loans are much less liquid than GOI Securities.Correct Answer True Multiple Choice Single AnswerQuestion IDBI was delinked from RBI and it became autonomous in the year :-Correct Answer 1976 Question One of the leading All India FI is :-Correct Answer SIDBI Multiple Choice Single AnswerQuestion The largest member of the IMF is the :-Correct Answer U.S.A.

Multiple Choice Single AnswerQuestion The foreign currency account maintained by an authorised dealer with its correspondent abroad is :-Correct Answer Nostro Account Select The BlankQuestion As a banker to the Government, RBI accepts Government deposits at ________% interest.Correct Answer 0 Multiple Choice Single AnswerQuestion The word ' Tranche ' is a French word which means :-Correct Answer A Slice Multiple Choice Single AnswerQuestion Size of the Quota depended upon :-Correct Answer GNP Match The FollowingQuestion

Correct AnswerSmall Savings




UTI

True/FalseQuestion CPs have to be compulsorily rated.Correct Answer True Multiple Choice Single AnswerQuestion 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

Multiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services Select The BlankQuestion The loans under________ are based on Poverty Reduction Strategy Paper.Correct Answer PRGF Multiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & Control Multiple Choice Single AnswerQuestion DICGC also provides :-Correct Answer Security to deposits

Match The FollowingQuestion

Correct AnswerInsurance of all employees of a FirmGroup InsurancePremium Throughout Life

Whole LifeFixed Period Insurance

EndowmentInsurance of ocean Cargo

Marine Insurance True/FalseQuestion A Cheque is a Negotiable Instrument.Correct Answer True Multiple Choice Single AnswerQuestion Which one of the following is not a deposit account?Correct Answer Cash Credit account

Select The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.

Multiple Choice Single AnswerQuestion IMF articles were amended in 1978 to legalise the :-Correct Answer Floating exchange rates

Select The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDR

QuestionCorrect Answer

Your AnswerRegional Rural Bank

Thane Gramin BankPublic Sector Bank

Indian BankPrivate Sector Bank

Bank of Rajasthan LtdForeign Bank

CITI BANK Select The BlankQuestion Syndication of Loans Globally does not involve any funds as it is ________ activity.Correct Answer Non-fund based

True/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseSelect The BlankQuestion The repayment holiday period is also known as ________ period.Correct Answer Moratorium

Multiple Choice Single AnswerQuestion Zero Coupon Bonds are issued at a :-Correct Answer Discount to face value

Multiple Choice Multiple AnswerQuestion DICGC does not insure the deposits :-Correct Answer Of foreign Governments , Of State Cooperative Banks , Of the Central Government

Multiple Choice Multiple AnswerQuestion DICGC does not insure the deposits :-Correct Answer Of foreign Governments , Of State Cooperative Banks , Of the Central Government

Multiple Choice Single AnswerQuestion Which one of the following is a Cooperative Bank?Correct Answer COSMOS BANK

Multiple Choice Single AnswerQuestion Liabilities of Insurance Cos are mostly :-Correct Answer Long term

Select The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collected True/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer False Multiple Choice Single AnswerQuestion Investment on a monthly basis and repayment on due date is made in :-Correct Answer Recurring deposit Multiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer Overdraft

Multiple Choice Single AnswerQuestion SIDBI commenced its operations from :-Correct Answer April 2,1990

Match The FollowingQuestion Correct Answer NABARD Rural Development AFC Ltd

Consultancy HUDCO

Housing NCDC

Development of Cooperatives

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

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

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

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

Multiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittances comprise of :-Correct Answer Donations/Charity , Payments of Salaries , Payments of RoyaltyYour Answer Donations/Charity , Payments of Salaries , Payments of Royalty

True/FalseQuestion NABARD provides Refinance for Marketing of Crops.Correct Answer TrueYour 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 SecuritiesYour Answer Treasury bills , State /central Government Securities

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

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

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

Multiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokers

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerCRRPrimary reserve requirementPrimary reserve requirementBankers BankControlling the reserves of commercial banksControlling the reserves of commercial banksExchange controlFEMAFEMAOMOGovernment securitiesGovernment securities

Multiple Choice Single AnswerQuestion NABARD was established on the recommendations of :-Correct Answer CRAFICARDYour Answer CRAFICARD

Multiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour 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 reportYour 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 needsYour Answer Long term financial needs

Multiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances , Travellers' ChequesYour Answer Credit Card Business , International remittances , Travellers' Cheques

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

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

Select The BlankQuestion Financial markets are the centres that provide facilities for buying and selling of ________.Correct Answer Financial claims and servicesYour Answer Financial claims and services

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

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

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

True/FalseQuestion Gramin banks are State Owned Banks.Correct Answer TrueYour 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 accountYour Answer Cash Credit account

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

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

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

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

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

Multiple Choice Single AnswerQuestion Initial Quantum of resources of IMF were contributed by members according to :-Correct Answer Quotas fixed for membersYour Answer Quotas fixed for members

True/FalseQuestion Most of the Indian PS Banks practice retail banking.Correct Answer TrueYour Answer True

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

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

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

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

Multiple Choice Multiple AnswerQuestion EXIM Bank provides financial assistance to:-Correct Answer Indian Companies , Commercial Banks , Foreign GovernmentsYour Answer Indian Companies , Commercial Banks , Foreign Governments

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

Multiple Choice Multiple AnswerQuestion Financial Services offered by PFC include :-Correct Answer Term loans , lease finance , Loan SyndicationYour 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 TrueYour Answer True

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

Multiple Choice Single AnswerQuestion Money Markets Satisfy the needs of :-Correct Answer Short term natureYour 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 importsYour Answer Rebuild resources , Stabilise currencies , Pay for imports

Match The FollowingQuestionCorrect AnswerYour AnswerNGOsCASP, CRY, PLANCASP, CRY, PLANDFIIDBI, IFCI, ICICIIDBI, IFCI, ICICIPSUsNTPC, NHPC, Coal IndiaNTPC, NHPC, Coal IndiaCorporatesRIL, HPCLRIL, HPCL

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

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

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

Multiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Rediscounting of Bills , Financial support to SSIDC , Cash Credit facilities

Select The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Portfolio management

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

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

Select The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme for modernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICI

Multiple Choice Multiple AnswerQuestion NABARD has taken over the entire functions of :-Correct Answer ARDC , ACD of RBI , RPCD of RBIYour Answer ARDC , ACD of RBI , RPCD of RBI

Multiple Choice Single AnswerQuestion Instruments issued by DFIs and Banks carry :-Correct Answer Highest credit ratingsYour 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 RoyaltyYour Answer Donations/Charity , Payments of Salaries , Travel related payments

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

Multiple Choice Single AnswerQuestion Development Financial Institutions provide finance to the needyCorrect Answer Corporates & govt. institutionsYour Answer Corporates & govt. institutions

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

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

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

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

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

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

Multiple Choice Single AnswerQuestion Initial Quantum of resources of IMF were contributed by members according to :-Correct Answer Quotas fixed for membersYour Answer Quotas fixed for members

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

Multiple Choice Multiple AnswerQuestion EXIM Bank provides financial assistance to:-Correct Answer Indian Companies , Commercial Banks , Foreign GovernmentsYour 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 PolicyYour Answer SLR/CRR maintenance , Issuing Lending Policy , Sanctioning advances

Match The FollowingQuestionCorrect AnswerYour AnswerInter Bank Call Money MarketsBRs, Call Money ReceiptsBRs, Call Money ReceiptsMoney Market InstumentsCP, CD ,T- BillsCP, CD ,T- BillsCapital Market InstrumentsSharesSharesDebt Market InstrumentsGOI Securities ,BondsGOI 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 statementYour Answer Cash Book , Trial Balance , P/L statement

Select The BlankQuestion Interest on advances is generally calculated on ________ products.Correct Answer DailyYour Answer Fortnightly

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

Multiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour 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 TechnicalYour 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 IndiaYour 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 thriftYour Answer Accepting Deposits , Granting loans , Encourage thrift

Multiple Choice Single AnswerQuestion IDBI was initially set up as :-Correct Answer Subsidy of RBIYour 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 FundsYour 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 servicesYour Answer Goods and services

True/FalseQuestion IDA does not lend to countries that are not in a position to borrow from IBRD.Correct Answer FalseYour Answer True

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

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

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

Match The FollowingQuestionCorrect AnswerYour AnswerCRRPrimary reserve requirementPrimary reserve requirementBankers BankControlling the reserves of commercial banksFEMAExchange controlFEMAControlling the reserves of commercial banksOMOGovernment securitiesGovernment securities

Multiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour 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 IDBIYour Answer IDBI

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

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

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

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

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

Bitmap Multiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Pre-feasibility studies , Regional /Sectoral planning , Benchmark SurveysYour Answer Pre-feasibility studies , Regional /Sectoral planning , Benchmark SurveysBitmapMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Granting lines of CreditYour Answer Maintaining SLR/CRR , Handling foreign currency , Handling Doc. creditsBitmapSelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housing sector.Correct Answer FinancialYour Answer FinancialBitmapMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersBitmapMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBIBitmapMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportBitmapMultiple Choice Single AnswerQuestion Cetificate of deposit are issued byCorrect Answer BanksYour Answer BanksBitmapMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holder is contained in :-Correct Answer SGL pass bookYour Answer SGL pass bookBitmapMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksBitmapSelect The BlankQuestion Development financial institutions have been established to cater to ________ of the industrial sector.Correct Answer Long term financial needsYour Answer Working capital needsBitmapMultiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Companies Act, 1956BitmapSelect The BlankQuestion The ________ meet the long and medium term credit needs of agriculture.Correct Answer Land Development BanksYour Answer Regional Rural BanksBitmapMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptBitmapTrue/FalseQuestion Amongst others, ICICI also provided long and medium term loans or equity finance.Correct Answer TRUEYour Answer TRUEBitmapMultiple Choice Multiple AnswerQuestion EXIM Bank provides financial assistance to:-Correct Answer Indian Companies , Commercial Banks , Foreign GovernmentsYour Answer Investment trusts , Indian Companies , Commercial BanksBitmapMultiple Choice Multiple AnswerQuestion RBI sells securities through :-Correct Answer Auction program , Open market operations , Private placementsYour Answer Open market operationsBitmapMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBIBitmapMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearBitmapMultiple Choice Multiple AnswerQuestion R B I conducts monetary control by way of O M O in :-Correct Answer Treasury bills , State /central Government SecuritiesYour Answer Treasury bills , State /central Government SecuritiesBitmapTrue/FalseQuestion Under open market operation RBI conducts buying /selling shares/debentures of blue chip companies.Correct Answer FALSEYour Answer FALSEBitmapMatch The FollowingQuestionCorrect AnswerYour AnswerDevelopment financial institutionsIFCIIFCIOrganised sectorBanking SystemBanking SystemUnorganised sectorIndigenous banksIndigenous banksMutual fundsUTIUTIBitmapSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdBitmapMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting powerBitmapMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsBitmapMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersBitmapMatch The FollowingQuestionCorrect AnswerYour AnswerFruit Crops, Floriculture, VegetablesHorticultureHorticultureInstitutional studies, Dwell Time StudiesSurveys & StudiesSurveys & StudiesAgronomy, Crop Planning, Plant Protection, Farm InputsCrop ProductionCrop ProductionCanals & Rivers, Drip IrrigationIrrigation & DrainageIrrigation & DrainageBitmapSelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIBitmapMultiple Choice Single AnswerQuestion Instruments issued by DFIs and Banks carry :-Correct Answer Highest credit ratingsYour Answer Highest credit ratingsBitmapMultiple Choice Single AnswerQuestion LIC of India was set up in :-Correct Answer 1956Your Answer 1818BitmapSelect The BlankQuestion Secured Premium Notes are ________.Correct Answer DebenturesYour Answer DebenturesBitmapMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerBitmapTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TRUEYour Answer TRUEBitmapTrue/FalseQuestion Banks authorised to deal in foreign exchange are known as Authorised Dealers.Correct Answer FALSEYour Answer TRUEBitmapMultiple Choice Multiple AnswerQuestion DFHI was set up with the following objective :-Correct Answer To even out imbalances , To provide liquidity , To promote secondary marketYour Answer To even out imbalances , To provide liquidity , To promote secondary marketBitmapMultiple Choice Multiple AnswerQuestion NABARD has taken over the entire functions of :-Correct Answer ARDC , ACD of RBI , RPCD of RBIYour Answer ARDC , ACD of RBI , RPCD of RBIBitmapMultiple Choice Multiple AnswerQuestion R B I issues currency notes against the security of:-Correct Answer Gold bullion , Foreign securities , GOI securitiesYour Answer Gold bullion , Foreign securities , GOI securitiesBitmapSelect The BlankQuestion The ________ has been accredited by RBI as a Primary Dealer in Governemt Securities.Correct Answer STCIYour Answer LIC of IndiaBitmapTrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FALSEYour Answer TRUEBitmapSelect The BlankQuestion Legally speaking Pass Through Certificates are ________ and are tradeable freely.Correct Answer Promissory notesYour Answer Promissory notesBitmapSelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsBitmapMultiple Choice Multiple AnswerQuestion From time to time RBI has issued :-Correct Answer Straight coupon bonds , Inflation linked bonds , Zero coupon bondsYour Answer Inflation linked bonds , Zero coupon bondsBitmapTrue/FalseQuestion The currency notes issued by RBI are legal tender everywhere in India without any limit.Correct Answer TRUEYour Answer FALSEBitmapTrue/FalseQuestion HDFC was set up by NHB.Correct Answer FALSEYour Answer FALSEBitmapTrue/FalseQuestion PFC also provides reform & restructuring related studies.Correct Answer TRUEYour Answer FALSEBitmapSelect The BlankQuestion The ________ was set up to help corrections in BOP maladjustments.Correct Answer IMFYour Answer IMFBitmapSelect The BlankQuestion The CRAFICARD recommended the establishment of ________.Correct Answer NABARDYour Answer NABARDBitmapTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FALSEYour Answer FALSE

Select The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsBitmapTrue/FalseQuestion CPs are issued by corporate entities.Correct Answer TRUEYour Answer FALSEBitmapSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankBitmapMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearBitmapSelect The BlankQuestion Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesBitmapMultiple Choice Single AnswerQuestion Liquid assets to be maintained to a stipulated ratio under Section 24 of BR Act is called :-Correct Answer Statutory Liquidity RatioYour Answer Statutory Liquidity RatioBitmapTrue/FalseQuestion NABARD provides short term refinance for procurement activities also.Correct Answer TRUEYour Answer TRUEBitmapMultiple Choice Multiple AnswerQuestion DFHI was set up jointly by :-Correct Answer RBI , Banks , All India FisYour Answer Banks , All India FisBitmapTrue/FalseQuestion Small Savings are source of Capital Receipts for the Government.Correct Answer TRUEYour Answer TRUEBitmapMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdBitmapTrue/FalseQuestion Mortgage Loans are loans against property.Correct Answer TRUEYour Answer TRUEBitmapSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the size of its ________.Correct Answer BusinessYour Answer BusinessBitmapMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Corporate Treasuries , Mutual Funds , Foreign Investors(FIIs)Your Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsBitmapTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power sector to make them viable.Correct Answer TRUEYour Answer TRUEBitmapSelect The BlankQuestion Bills of Exchange and ________ are Money Market Instruments.Correct Answer Promissory NotesYour Answer Promissory NotesBitmapTrue/FalseQuestion Bank Guarantee can be Performance of financial Guarantee.Correct Answer FALSEYour Answer FALSEBitmapMatch The FollowingQuestionCorrect AnswerYour AnswerInter Bank Call Money MarketsBRs, Call Money ReceiptsLoans and advancesMoney Market InstumentsCP, CD ,T- BillsCP, CD ,T- BillsCapital Market InstrumentsSharesSharesDebt Market InstrumentsGOI Securities ,BondsGOI Securities ,BondsBitmapMultiple Choice Single AnswerQuestion Account where lump sum investment is made for specific period is :-Correct Answer Term Deposit accountYour Answer Term Deposit accountBitmapTrue/FalseQuestion CP is a usance promissory note hence it can be negotiated by endorsement & delivery.Correct Answer TRUEYour Answer FALSEBitmapMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearBitmapMultiple Choice Multiple AnswerQuestion The prominent Bond issuing PSU are :-Correct Answer MTNL , NTPC , SAILYour Answer NTPCBitmapTrue/FalseQuestion The Capital of NABARD is subscribed by World Bank.Correct Answer FALSEYour Answer FALSEBitmapMultiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings of the public due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Wide network , Tax concessions , Saftey of fundsBitmapMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFBitmapSelect The BlankQuestion SCICI provides domestic & foreign loans for capital equipment and________ services.Correct Answer TechnicalYour Answer TechnicalBitmapTrue/FalseQuestion Non bank financial institutions undertake fund and non fund based activities.Correct Answer TRUEYour Answer TRUEBitmapSelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Long term returnsBitmapSelect The BlankQuestion CRR and SLR are ________ reserves.Correct Answer StatutoryYour Answer StatutoryBitmapSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyer without the seller's consent.Correct Answer IrrevocableYour Answer IrrevocableBitmapMultiple Choice Single AnswerQuestion A Transaction on "payment later" basis is a :-Correct Answer Credit transactionYour Answer Credit transactionBitmapMultiple Choice Single AnswerQuestion A Bill in banking parlance means a :-Correct Answer Bill of ExchangeYour Answer Bill of ExchangeBitmapMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costBitmapMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsYour Answer By lending at 0% interest. , For periods up to ten yearsBitmapSelect The BlankQuestion The Premium of ________ is obtained through obligatory reinsurance premium.Correct Answer GICYour Answer GICBitmapMultiple Choice Single AnswerQuestion FIs can be classified into two categories depending on the basis of incorporation and :-Correct Answer OperationYour Answer OperationBitmapMultiple Choice Multiple AnswerQuestion Basic Life insurance policies include :-Correct Answer Term insurance , Annuity contracts , Pension plansYour Answer Term insurance , Annuity contracts , Pension plansBitmapMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearBitmapTrue/FalseQuestion Cancellation of a Guarantee is known as "revocation".Correct Answer TRUEYour Answer TRUEBitmapMultiple Choice Single AnswerQuestion The unorganised market is made of :-Correct Answer MoneylendersYour Answer MoneylendersBitmapSelect The BlankQuestion Financial markets are the centres that provide facilities for buying and selling of ________.Correct Answer Financial claims and servicesYour Answer Financial claims and servicesBitmapMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grant loans/advancesYour Answer Control on branches , Grant loans/advancesBitmapMultiple Choice Multiple AnswerQuestion Financial Services offered by PFC include :-Correct Answer Term loans , lease finance , Loan SyndicationYour Answer Term loans , lease finance , Loan SyndicationBitmapMultiple Choice Multiple AnswerQuestion Functions of NIDHIs include :-Correct Answer Accepting Deposits , Granting loans , Encourage thriftYour Answer Accepting Deposits , Granting loansBitmapMultiple 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 marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in the open marketBitmapMatch The FollowingQuestionCorrect AnswerYour AnswerAquaculture ,Brackish WaterFisheriesFisheriesPloughing, weeding, transplantationSeasonal Agricultural OperationsSeasonal Agricultural OperationsMarket Yards, Storage & WarehousingAgricultural MarketingAgricultural MarketingHill ,Tribal Area developmentArea DevelopmentArea DevelopmentBitmapMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companyBitmapMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assets

FI & B Binu -LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Multiple Choice Single Answer

Question The type of banking involving a small number of Large Customers viz.Corporates & multinationals is :-

Correct Answer Wholesale Banking Your Answer Wholesale Banking


Question PFC is committed to the integrated development of :-

Correct Answer Power Your Answer Power


Question IDBI has helped in the establishment of :-

Correct Answer EXIM Bank

Your Answer EXIM Bank

Select The Blank

Question NABARD took over the functions of ACD, RPCC of RBI & ________.

Correct Answer ARDC

Your Answer ARDC

Multiple Choice Multiple Answer

Question The major area of AFC's specialisation included Crop Production as well as:-

Correct Answer Crop Planning , Plant Protection , Farm Management

Your Answer Crop Planning , Plant Protection , Farm Management

True/False

Question Banks issue Guarantees on behalf of their clients.

Correct Answer True

Your Answer False

Select The Blank

Question The HDFC was set up in 1977 by the ________.

Correct Answer ICICI

Your Answer ICICI


Question 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


Question ECGC Board comprises of Directors representing :-

Correct Answer Government , Banking/Insurance , Trade/Industry

Your Answer Government , Banking/Insurance , Trade/Industry

True/False

Question Bank Guarantee can be Performance of financial Guarantee.

Correct Answer False

Your Answer False


Question Which of the following institution was set up as a subsidy of RBI in 1964?

Correct Answer IDBI

Your Answer IDBI

Match The Following

QuestionCorrect AnswerYour Answer

AdvancesLoans/cash creditsLoans/cash credits

Cash withdrawal facilityATMATM

RemittancesMT/DD/TT/EFTMT/DD/TT/EFT

Government businessCollection of taxesCollection of taxes


Question The objective NEF Scheme of SIDBI is to provide equity support to :-

Correct Answer New Units in tiny Sector , New Units in Small Sector , Existing units in tiny & small scale sector

Your Answer New Units in tiny Sector , New Units in Small Sector , Existing units in tiny & small scale sector

Select The Blank

Question 55% of HUDCO loans are earmarked for________& low income groups.

Correct Answer Weaker sections

Your Answer Agriculturists

Select The Blank

Question The ________ of NABARD covers release of refinance without prior sanction for refinance limit.

Correct Answer ARS

Your Answer CFSF


Question Mutual fund has main entities like :-

Correct Answer Sponsor , Trust , Asset Management company

Your Answer Sponsor , Trust , Asset Management company

True/False

Question EXIM Bank provides Lines of Credit to other nations for Indian exports.

Correct Answer True

Your Answer True

Select The Blank

Question Legally speaking Pass Through Certificates are ________ and are tradeable freely.

Correct Answer Promissory notes

Your Answer Promissory notes


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


Question The underdeveloped markets are characterised by :-

Correct Answer Government regulation and control

Your Answer Government regulation and control


Question Functions of R.O. of a bank include :-

Correct Answer Inspection/audit , Control on branches , Grant loans/advances

Your Answer Inspection/audit , Control on branches , Grant loans/advances


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 Cash Reserves Ratio

Select The Blank

Question In a Bank, the investment decisions are taken at ________ level.

Correct Answer Head Office

Your Answer Head Office


Question RBI sells securities through :-

Correct Answer Auction program , Open market operations , Private placements

Your Answer Auction program , Open market operations , Private placements


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

True/False

Question The SFCs also borrow from SIDBI & IDBI.


Your Answer False

True/False

Question No TDS is deducted on Interest paid on CDs.

Correct Answer True

Your Answer True


Question Corporate Debentures are :-

Correct Answer Long term debt instruments

Your Answer Short term deposit receipts

True/False

Question Amongst others, ICICI also provided long and medium term loans or equity finance.

Correct Answer True

Your Answer True


Question RBI is also referred to as :-

Correct Answer Apex Bank

Your Answer Apex Bank

True/False

Question HDFC was set up by NHB.


Your Answer False

True/False

Question IDA does not lend to countries that are not in a position to borrow from IBRD.


Your Answer False


Question SFCs provide finance to :-

Correct Answer Corporates , Partnerships , Proprietary firms

Your Answer Corporates , Partnerships , Proprietary firms

Select The Blank

Question AFC's membership consists of commercial, cooperative banks and DFIs including ________.

Correct Answer EXIM bank

Your Answer EXIM bank


Question Treasuries could be either those of the :-

Correct Answer PSUs , Private Sector Cos. , Govt.bodies

Your Answer PSUs , Private Sector Cos. , Govt.bodies

Select The Blank

Question The ________ are buy and hold investors and almost never trade on their investments.

Correct Answer Provident Funds

Your Answer Foreign Investors(FIIs)

True/False

Question The bids for T-Bills are on price/interest basis.

Correct Answer True

Your Answer True


Question IFC provides financial assistance :-

Correct Answer Through loans , Through purchase of shares , For economic development

Your Answer Through loans , Through purchase of shares , For economic development


Question Money Markets Instruments have a maturity of less than :-

Correct Answer One year

Your Answer One year


Question Treasury Bills are actually a class of :-

Correct Answer Govt.Securities

Your Answer Govt.Securities

True/False

Question NABARD provides short term refinance for procurement activities also.

Correct Answer True

Your Answer False

Match The Following


GOI securitiesZCB, ILBondsZCB, ILBonds

Long Term Debt instrumentsPSU BondsPSU Bonds

Money Market InstrumentsCP, T- BillsCP, T- Bills

Negotaible InstrumentsBills of exchange ,ChequesBills of exchange ,Cheques


Question IRBI was set up with a focus on :-

Correct Answer Sick Units

Your Answer Public sector

Select The Blank

Question The ________ was set up to help corrections in BOP maladjustments.

Correct Answer IMF

Your Answer IBRD

Select The Blank

Question Mutual Funds provide the benefits of ________.

Correct Answer Portfolio management

Your Answer High returns


Question Financial institutions deal in :-

Correct Answer Financial assets

Your Answer Financial assets


Question Duties of an International Banking unit cover :-

Correct Answer Handling foreign currency , Handling Doc. credits , Granting lines of Credit

Your Answer Handling foreign currency , Handling Doc. credits , Granting lines of Credit

FI & B Binu -LIST OF ATTEMPTED QUESTIONS AND ANSWERS


Question The type of banking involving a small number of Large Customers viz.Corporates & multinationals is :-

Correct Answer Wholesale Banking Your Answer Wholesale Banking


Question PFC is committed to the integrated development of :-

Correct Answer Power Your Answer Power


Question IDBI has helped in the establishment of :-

Correct Answer EXIM Bank

Your Answer EXIM Bank

Select The Blank

Question NABARD took over the functions of ACD, RPCC of RBI & ________.

Correct Answer ARDC

Your Answer ARDC


Question The major area of AFC's specialisation included Crop Production as well as:-

Correct Answer Crop Planning , Plant Protection , Farm Management

Your Answer Crop Planning , Plant Protection , Farm Management

True/False

Question Banks issue Guarantees on behalf of their clients.

Correct Answer True

Your Answer False

Select The Blank

Question The HDFC was set up in 1977 by the ________.

Correct Answer ICICI

Your Answer ICICI


Question 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


Question ECGC Board comprises of Directors representing :-

Correct Answer Government , Banking/Insurance , Trade/Industry

Your Answer Government , Banking/Insurance , Trade/Industry

True/False

Question Bank Guarantee can be Performance of financial Guarantee.


Your Answer False


Question Which of the following institution was set up as a subsidy of RBI in 1964?

Correct Answer IDBI

Your Answer IDBI

Match The Following


AdvancesLoans/cash creditsLoans/cash credits

Cash withdrawal facilityATMATM

RemittancesMT/DD/TT/EFTMT/DD/TT/EFT

Government businessCollection of taxesCollection of taxes


Question The objective NEF Scheme of SIDBI is to provide equity support to :-

Correct Answer New Units in tiny Sector , New Units in Small Sector , Existing units in tiny & small scale sector

Your Answer New Units in tiny Sector , New Units in Small Sector , Existing units in tiny & small scale sector

Select The Blank

Question 55% of HUDCO loans are earmarked for________& low income groups.

Correct Answer Weaker sections

Your Answer Agriculturists

Select The Blank

Question The ________ of NABARD covers release of refinance without prior sanction for refinance limit.

Correct Answer ARS

Your Answer CFSF


Question Mutual fund has main entities like :-

Correct Answer Sponsor , Trust , Asset Management company

Your Answer Sponsor , Trust , Asset Management company

True/False

Question EXIM Bank provides Lines of Credit to other nations for Indian exports.

Correct Answer True

Your Answer True

Select The Blank

Question Legally speaking Pass Through Certificates are ________ and are tradeable freely.

Correct Answer Promissory notes

Your Answer Promissory notes


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


Question The underdeveloped markets are characterised by :-

Correct Answer Government regulation and control

Your Answer Government regulation and control


Question Functions of R.O. of a bank include :-

Correct Answer Inspection/audit , Control on branches , Grant loans/advances

Your Answer Inspection/audit , Control on branches , Grant loans/advances


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 Cash Reserves Ratio

Select The Blank

Question In a Bank, the investment decisions are taken at ________ level.

Correct Answer Head Office

Your Answer Head Office


Question RBI sells securities through :-

Correct Answer Auction program , Open market operations , Private placements

Your Answer Auction program , Open market operations , Private placements


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

True/False

Question The SFCs also borrow from SIDBI & IDBI.


Your Answer False

True/False

Question No TDS is deducted on Interest paid on CDs.

Correct Answer True

Your Answer True


Question Corporate Debentures are :-

Correct Answer Long term debt instruments

Your Answer Short term deposit receipts

True/False

Question Amongst others, ICICI also provided long and medium term loans or equity finance.

Correct Answer True

Your Answer True


Question RBI is also referred to as :-

Correct Answer Apex Bank

Your Answer Apex Bank

True/False

Question HDFC was set up by NHB.


Your Answer False

True/False

Question IDA does not lend to countries that are not in a position to borrow from IBRD.


Your Answer False


Question SFCs provide finance to :-

Correct Answer Corporates , Partnerships , Proprietary firms

Your Answer Corporates , Partnerships , Proprietary firms

Select The Blank

Question AFC's membership consists of commercial, cooperative banks and DFIs including ________.

Correct Answer EXIM bank

Your Answer EXIM bank


Question Treasuries could be either those of the :-

Correct Answer PSUs , Private Sector Cos. , Govt.bodies

Your Answer PSUs , Private Sector Cos. , Govt.bodies

Select The Blank

Question The ________ are buy and hold investors and almost never trade on their investments.

Correct Answer Provident Funds

Your Answer Foreign Investors(FIIs)

True/False

Question The bids for T-Bills are on price/interest basis.

Correct Answer True

Your Answer True


Question IFC provides financial assistance :-

Correct Answer Through loans , Through purchase of shares , For economic development

Your Answer Through loans , Through purchase of shares , For economic development


Question Money Markets Instruments have a maturity of less than :-

Correct Answer One year

Your Answer One year


Question Treasury Bills are actually a class of :-

Correct Answer Govt.Securities

Your Answer Govt.Securities

True/False

Question NABARD provides short term refinance for procurement activities also.

Correct Answer True

Your Answer False

Match The Following


GOI securitiesZCB, ILBondsZCB, ILBonds

Long Term Debt instrumentsPSU BondsPSU Bonds

Money Market InstrumentsCP, T- BillsCP, T- Bills

Negotaible InstrumentsBills of exchange ,ChequesBills of exchange ,Cheques


Question IRBI was set up with a focus on :-

Correct Answer Sick Units

Your Answer Public sector

Select The Blank

Question The ________ was set up to help corrections in BOP maladjustments.

Correct Answer IMF

Your Answer IBRD

Select The Blank

Question Mutual Funds provide the benefits of ________.

Correct Answer Portfolio management

Your Answer High returns


Question Financial institutions deal in :-

Correct Answer Financial assets

Your Answer Financial assets


Question Duties of an International Banking unit cover :-

Correct Answer Handling foreign currency , Handling Doc. credits , Granting lines of Credit

Your Answer Handling foreign currency , Handling Doc. credits , Granting lines of Credit


QuestionCommercial Papers are issued by :-

Correct AnswerCorporates

Your AnswerRBI

Select The Blank

QuestionThe loans under________ are based on Poverty Reduction Strategy Paper.

Correct AnswerPRGF

Your AnswerPRGF


QuestionTreasury Bills are issued by the :-

Correct AnswerRBI

Your AnswerRBI


QuestionIFCI raises its funds by way of :-

Correct AnswerIssuing bonds , Borrowing from RBI , Borrowing from IDBI

Your AnswerIssuing bonds , Borrowing from RBI , Issuing shares

True/False

QuestionNABARD does not provide Refinance for stocking & distribution of Chemical Fertilisers.

Correct AnswerFalse

Your AnswerTrue

True/False

QuestionNon bank financial institutions undertake fund and non fund based activities.

Correct AnswerTrue

Your AnswerFalse


QuestionDICGC does not insure the deposits :-

Correct AnswerOf foreign Governments , Of State Cooperative Banks , Of the Central Government

Your AnswerOf foreign Governments , Of State Cooperative Banks , Of the Central Government

Select The Blank

QuestionDevelopment financial institutions have been established to cater to ________ of the industrial sector.

Correct AnswerLong term financial needs

Your AnswerLong term financial needs


QuestionThe unorganised financial system comprises of :-

Correct AnswerMoney lenders , Indigenous bankers , Lending pawn brokers

Your AnswerMoney lenders , Indigenous bankers , Lending pawn brokers


QuestionWhich of the following institution was set up as a subsidy of RBI in 1964?

Correct AnswerIDBI

Your AnswerIDBI


QuestionUnder Project Finance Scheme IDBI provides assistance for :-

Correct AnswerModernisation , New Projects , Renovation

Your AnswerNew Projects , Renovation , Modernisation

Select The Blank

QuestionOne of the objectives of NHB is to augment the ________ resources for the housing sector.

Correct AnswerFinancial

Your AnswerFinancial

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


QuestionWhich one of the following is a Cooperative Bank?

Correct AnswerCOSMOS BANK

Your AnswerCOSMOS BANK

True/False

QuestionBank Guarantee can be Performance of financial Guarantee.

Correct AnswerFalse

Your AnswerTrue


QuestionCredit Information report is also known as :-

Correct AnswerCredit report , Banker's report , Confidential report

Your AnswerCredit report , Banker's report , Confidential report

True/False

QuestionMost of the Indian PS Banks practice retail banking.

Correct AnswerTrue

Your AnswerFalse


QuestionProminent Institutional Investors are :-

Correct AnswerForeign Investors(FIIs) , Corporate Treasuries , Mutual Funds

Your AnswerForeign Investors(FIIs) , Corporate Treasuries , Mutual Funds

Select The Blank

QuestionThe price in financial markets is known as ________.

Correct AnswerRate of interest

Your AnswerRate of interest

Select The Blank

QuestionFinancial markets are the centres that provide facilities for buying and selling of ________.

Correct AnswerFinancial claims and services

Your AnswerFinancial claims and services


QuestionTreasury Bills are actually a class of :-

Correct AnswerGovt.Securities

Your AnswerGovt.Securities

True/False

QuestionIMF discourages excessive use of its resources by imposing a surcharge on large loans.

Correct AnswerTrue

Your AnswerTrue


QuestionInitial Quantum of resources of IMF were contributed by members according to :-

Correct AnswerQuotas fixed for members

Your AnswerQuotas fixed for members

Select The Blank

QuestionThe extent of powers enjoyed by a branch depends on the size of its ________.

Correct AnswerBusiness

Your AnswerDeposits


QuestionThe unorganised financial system includes :-

Correct AnswerIndigenous bankers

Your AnswerIndigenous bankers


QuestionDevelopment Financial institutions include :-

Correct AnswerState financial institutions

Your AnswerState financial institutions


QuestionDeposits per depositor per bank are secured by DICGC up to a sum of :-

Correct AnswerRs. one lac.

Your AnswerRs. one lac.


QuestionThe general insurance business can be :-

Correct AnswerMarine insurance , Fire insurance , Miscellaneous

Your AnswerMarine insurance , Fire insurance , Miscellaneous


QuestionThe objective NEF Scheme of SIDBI is to provide equity support to :-

Correct AnswerNew Units in tiny Sector , New Units in Small Sector , Existing units in tiny & small scale sector

Your AnswerNew Units in tiny Sector , New

Documents

Financial Institutions and Banking