Financial Institutions and Banking
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Multiple Choice Multiple Answer Question 1.Agricultural Finance Consultancy Ltd(AFC) activities cover :Correct Answer Pre-feasibility studies , Regional /Sectoral planning , Benchmark Surveys Multiple Choice Multiple Answer Question 2. Duties of an International Banking unit cover :Correct Answer Handling foreign currency , Handling Doc. credits , Granting lines of Credit Select The Blank Question 3. One of the objectives of NHB is to augment the ________ resources for the housing sector. Correct Answer Financial Multiple Choice Multiple Answer Question The unorganised financial system comprises of :Correct Answer Money lenders , Indigenous bankers , Lending pawn brokers Multiple Choice Single Answer Question The lender of the last resort to the market is the :Correct Answer RBI Multiple Choice Multiple Answer Question Credit Information report is also known as :Correct Answer Credit report , Banker's report , Confidential report Multiple Choice Single Answer Question Cetificate of deposit are issued by Correct Answer Banks Multiple Choice Single Answer Question A record of the holdings of GOI dated securities of each holder is contained in :Correct Answer SGL pass book Multiple Choice Single Answer Question The organised financial system includes :Correct Answer Commercial banks Select The Blank Question Development financial institutions have been established to cater to ________ of the industrial sector. Correct Answer Long term financial needs Multiple Choice Single Answer Question DFHI was incorporated under the :Correct Answer Companies Act, 1956 Select The Blank Question The ________ meet the long and medium term credit needs of agriculture. Correct Answer Land Development Banks Multiple Choice Single Answer Question Certificate of deposit is a :Correct Answer Usance promissory note True/False Question Amongst others, ICICI also provided long and medium term loans or equity finance. Correct Answer TRUE Multiple Choice Multiple Answer Question EXIM Bank provides financial assistance to:Correct Answer Indian Companies , Commercial Banks , Foreign Governments Multiple Choice Multiple Answer Question RBI sells securities through :Correct Answer Auction program , Open market operations , Private placements Multiple Choice Single Answer Question The ultimate source of money in India is:Correct Answer RBI Multiple Choice Single Answer Question Long term debt instruments have a maturity of :Correct Answer Over one year Multiple Choice Multiple Answer Question R B I conducts monetary control by way of O M O in :Correct Answer Treasury bills , State /central Government Securities True/False Question Under open market operation RBI conducts buying /selling shares/debentures of blue chip companies. Correct Answer FALSE Match The Following Question Correct Answer Your Answer 1.Development financial institutions IFCI 2.Organised sector Banking System 3.Unorganised sector Indigenous banks 4.Mutual funds UTI Select The Blank Question The Shipping Credit and Investment Company of India Ltd. has changed its name to ________ effective from October 1992. Correct Answer SCICI Ltd Multiple Choice Multiple Answer Question A member's IMF Quota determines its :Correct Answer Financial commitment , Voting power , Drawing power Multiple Choice Single Answer Question Development Financial institutions include :Correct Answer State financial institutions Multiple Choice Single Answer Question The unorganised financial system includes :Correct Answer Indigenous bankers Match The Following Question Correct Answer Your Answer 1.Fruit Crops, Floriculture, Vegetables Horticulture 2.Institutional studies, Dwell Time Studies Surveys & Studies 3.Agronomy, Crop Planning, Plant Protection, Farm Inputs Crop Production 4.Canals & Rivers, Drip Irrigation Irrigation & Drainage Select The Blank Question The HDFC was set up in 1977 by the ________. Correct Answer ICICI Multiple Choice Single Answer Question Instruments issued by DFIs and Banks carry :Correct Answer Highest credit ratings Multiple Choice Single Answer Question LIC of India was set up in :Correct Answer 1956 Select The Blank Question Secured Premium Notes are ________. Correct Answer Debentures Multiple Choice Single Answer Question PFC is committed to the integrated development of :Correct Answer Power True/False Question Banks issue Guarantees on behalf of their clients. Correct Answer TRUE True/False Question Banks authorised to deal in foreign exchange are known as Authorised Dealers. Correct Answer FALSE Your Answer TRUE Bitmap Multiple Choice Multiple Answer Question DFHI was set up with the following objective :Correct Answer To even out imbalances , To provide liquidity , To promote secondary market Your Answer To even out imbalances , To provide liquidity , To promote secondary market Bitmap Multiple Choice Multiple Answer Question NABARD has taken over the entire functions of :- Correct Answer ARDC , ACD of RBI , RPCD of RBI Your Answer ARDC , ACD of RBI , RPCD of RBI Bitmap Multiple Choice Multiple Answer Question R B I issues currency notes against the security of:Correct Answer Gold bullion , Foreign securities , GOI securities Your Answer Gold bullion , Foreign securities , GOI securities Bitmap Select The Blank Question The ________ has been accredited by RBI as a Primary Dealer in Governemt Securities. Correct Answer STCI Your Answer LIC of India Bitmap True/False Question The SFCs also borrow from SIDBI & IDBI. Correct Answer FALSE Your Answer TRUE Bitmap Select The Blank Question Legally speaking Pass Through Certificates are ________ and are tradeable freely. Correct Answer Promissory notes Your Answer Promissory notes Bitmap Select The Blank Question DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies. Correct Answer Debt instruments Your Answer Debt instruments Bitmap Multiple Choice Multiple Answer Question From time to time RBI has issued :Correct Answer Straight coupon bonds , Inflation linked bonds , Zero coupon bonds Your Answer Inflation linked bonds , Zero coupon bonds Bitmap True/False Question The currency notes issued by RBI are legal tender everywhere in India without any limit. Correct Answer TRUE Your Answer FALSE Bitmap True/False Question HDFC was set up by NHB. Correct Answer FALSE Your Answer FALSE Bitmap True/False Question PFC also provides reform & restructuring related studies. Correct Answer TRUE Your Answer FALSE Bitmap Select The Blank Question The ________ was set up to help corrections in BOP maladjustments. Correct Answer IMF Your Answer IMF Bitmap Select The Blank Question The CRAFICARD recommended the establishment of ________. Correct Answer NABARD Your Answer NABARD Bitmap True/False Question NIDHIS are Trading Organisations. Correct Answer FALSE Your Answer FALSE Posted by MindGrill at 6:45 AM 0 comments Links to this post Labels: Financial Institutions and Banking (Set II) Financial Institutions and Banking - 4 Select The Blank Question HDFCs loans were linked up with________. Correct Answer Planned Savings Your Answer Planned Savings Bitmap True/False Question CPs are issued by corporate entities. Correct Answer TRUE Your Answer FALSE Bitmap Select The Blank Question AFC's membership consists of commercial, cooperative banks and DFIs including ________. Correct Answer EXIM bank Your Answer EXIM bank Bitmap Multiple Choice Single Answer Question Money Markets Instruments have a maturity of less than :Correct Answer One year Your Answer One year Bitmap Select The Blank Question Kisan Vikas Patra are issued through ________. Correct Answer Post Offices Your Answer Post Offices Bitmap Multiple Choice Single Answer Question Liquid assets to be maintained to a stipulated ratio under Section 24 of BR Act is called :Correct Answer Statutory Liquidity Ratio Your Answer Statutory Liquidity Ratio Bitmap True/False Question NABARD provides short term refinance for procurement activities also. Correct Answer TRUE Your Answer TRUE Bitmap Multiple Choice Multiple Answer Question DFHI was set up jointly by :Correct Answer RBI , Banks , All India Fis Your Answer Banks , All India Fis Bitmap True/False Question Small Savings are source of Capital Receipts for the Government. Correct Answer TRUE Your Answer TRUE Bitmap Multiple Choice Multiple Answer Question Bonds issued by institutions through SPVs to execute infrastructure projects are :Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam Ltd Your Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam Ltd Bitmap True/False Question Mortgage Loans are loans against property. Correct Answer TRUE Your Answer TRUE Bitmap Select The Blank Question The extent of powers enjoyed by a branch depends on the size of its ________. Correct Answer Business Your Answer Business Bitmap Multiple Choice Multiple Answer Question Prominent Institutional Investors are :Correct Answer Corporate Treasuries , Mutual Funds , Foreign Investors(FIIs) Your Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual Funds Bitmap True/False Question PFC has been persuading State Governments restructuring of their power sector to make them viable. Correct Answer TRUE Your Answer TRUE Bitmap Select The Blank Question Bills of Exchange and ________ are Money Market Instruments. Correct Answer Promissory Notes Your Answer Promissory Notes Bitmap True/False Question Bank Guarantee can be Performance of financial Guarantee. Correct Answer FALSE Your Answer FALSE Bitmap Match The Following Question Correct Answer Your Answer Inter Bank Call Money Markets BRs, Call Money Receipts Loans and advances Money Market Instuments CP, CD ,T- Bills CP, CD ,T- Bills Capital Market Instruments Shares Shares Debt Market Instruments GOI Securities ,Bonds GOI Securities ,Bonds Bitmap Multiple Choice Single Answer Question Account where lump sum investment is made for specific period is :Correct Answer Term Deposit account Your Answer Term Deposit account Bitmap True/False Question CP is a usance promissory note hence it can be negotiated by endorsement & delivery. Correct Answer TRUE Your Answer FALSE Bitmap Multiple Choice Single Answer Question Money Markets Instruments have a maturity of less than :Correct Answer One year Your Answer One year Bitmap Multiple Choice Multiple Answer Question The prominent Bond issuing PSU are :Correct Answer MTNL , NTPC , SAIL Your Answer NTPC Bitmap True/False Question The Capital of NABARD is subscribed by World Bank. Correct Answer FALSE Your Answer FALSE Bitmap Multiple Choice Multiple Answer Question Post Offices are popular for mobilizing small savings of the public due to :Correct Answer Wide network , Tax concessions , Saftey of funds Your Answer Wide network , Tax concessions , Saftey of funds Bitmap Multiple Choice Single Answer Question For a focus on the SSI Sector in 1986 IDBI created :Correct Answer SIDF Your Answer SIDF Bitmap Select The Blank Question SCICI provides domestic & foreign loans for capital equipment and________ services. Correct Answer Technical Your Answer Technical Bitmap True/False Question Non bank financial institutions undertake fund and non fund based activities. Correct Answer TRUE Your Answer TRUE Bitmap Select The Blank Question Mutual Funds provide the benefits of ________. Correct Answer Portfolio management Your Answer Long term returns Bitmap Select The Blank Question CRR and SLR are ________ reserves. Correct Answer Statutory Your Answer Statutory Bitmap Select The Blank Question An ________ letter of credit cannot be canceled by the buyer without the seller's consent. Correct Answer Irrevocable Your Answer Irrevocable Bitmap Multiple Choice Single Answer Question A Transaction on "payment later" basis is a :Correct Answer Credit transaction Your Answer Credit transaction Bitmap Multiple Choice Single Answer Question A Bill in banking parlance means a :Correct Answer Bill of Exchange Your Answer Bill of Exchange Bitmap Multiple Choice Single Answer Question A company issues CP to save on :Correct Answer Interest cost Your Answer Interest cost Bitmap Multiple Choice Multiple Answer Question IDA lends to poor countries :Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten years Your Answer By lending at 0% interest. , For periods up to ten years Bitmap Select The Blank Question The Premium of ________ is obtained through obligatory reinsurance premium. Correct Answer GIC Your Answer GIC Bitmap Multiple Choice Single Answer Question FIs can be classified into two categories depending on the basis of incorporation and :Correct Answer Operation Your Answer Operation Bitmap Multiple Choice Multiple Answer Question Basic Life insurance policies include :Correct Answer Term insurance , Annuity contracts , Pension plans Your Answer Term insurance , Annuity contracts , Pension plans Bitmap Multiple Choice Single Answer Question Long term debt instruments have a maturity of :Correct Answer Over one year Your Answer Over one year Bitmap True/False Question Cancellation of a Guarantee is known as "revocation". Correct Answer TRUE Your Answer TRUE Bitmap Multiple Choice Single Answer Question The unorganised market is made of :Correct Answer Moneylenders Your Answer Moneylenders Bitmap Select The Blank Question Financial markets are the centres that provide facilities for buying and selling of ________. Correct Answer Financial claims and services Your Answer Financial claims and services Bitmap Multiple Choice Multiple Answer Question Functions of R.O. of a bank include :- Correct Answer Inspection/audit , Control on branches , Grant loans/advances Your Answer Control on branches , Grant loans/advances Bitmap Multiple Choice Multiple Answer Question Financial Services offered by PFC include :Correct Answer Term loans , lease finance , Loan Syndication Your Answer Term loans , lease finance , Loan Syndication Bitmap Multiple Choice Multiple Answer Question Functions of NIDHIs include :Correct Answer Accepting Deposits , Granting loans , Encourage thrift Your Answer Accepting Deposits , Granting loans Bitmap Multiple Choice Multiple Answer Question In case of a Life policy it is possible to withdraw from the obligation to contribute further premium by :Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in the open market Your Answer Surrendering the policy , Converting it into paid up policy , Assigning it in the open market Bitmap Match The Following Question Correct Answer Your Answer Aquaculture ,Brackish Water Fisheries Fisheries Ploughing, weeding, transplantation Seasonal Agricultural Operations Seasonal Agricultural Operations Market Yards, Storage & Warehousing Agricultural Marketing Agricultural Marketing Hill ,Tribal Area development Area Development Area Development Bitmap Multiple Choice Multiple Answer Question Mutual fund has main entities like :Correct Answer Sponsor , Trust , Asset Management company Your Answer Sponsor , Trust , Asset Management company Bitmap Multiple Choice Single Answer Question Financial institutions deal in :Correct Answer Financial assets Your Answer Financial assets Select The Blank Question The term ________ refers to the act of a bank extending finance to the seller against a letter of credit. Correct Answer Negotiation Your Answer Negotiation Multiple Choice Multiple Answer Question Soft Loan Scheme for modernisation is provided by :Correct Answer IFCI , ICICI , SIDBI Your Answer IFCI , ICICI Match The Following Question Correct Answer Your Answer Charitable Trusts Rajiv Gandhi Foundation Rajiv Gandhi Foundation PSU MTNL ,SAIL, KRC MTNL ,SAIL, KRC Mutual Funds UTI ,ICICI Prudential UTI ,ICICI Prudential Statutory Trusts Port Trust Port Trust True/False Question Under MIGA the World bank offers various forms of Political Insurance. Correct Answer True Your Answer True Multiple Choice Single Answer Question Commercial Papers are issued by :Correct Answer Corporates Your Answer Corporates Question Investment on a monthly basis and repayment on due date is made in :Correct Answer Recurring deposit Your Answer Recurring deposit True/False Question Issuance of CD attracts reserve requirements. Correct Answer False True/False Question State loans are much less liquid than GOI Securities. Correct Answer True Your Answer True Multiple Choice Single Answer Question IDBI was delinked from RBI and it became autonomous in the year :Correct Answer 1976 Your Answer 1976 Question One of the leading All India FI is :Correct Answer SIDBI Your Answer SIDBI Multiple Choice Single Answer Question The largest member of the IMF is the :Correct Answer U.S.A. Multiple Choice Single Answer Question The foreign currency account maintained by an authorised dealer with its correspondent abroad is :Correct Answer Nostro Account Your Answer Nostro Account Select The Blank Question As a banker to the Government, RBI accepts Government deposits at ________% interest. Correct Answer 0 Your Answer 0 Multiple Choice Single Answer Question The word ' Tranche ' is a French word which means :Correct Answer A Slice Your Answer A Pit Multiple Choice Single Answer Question Size of the Quota depended upon :Correct Answer GNP Your Answer GNP Match The Following Question Correct Answer Your Answer Small Savings Chit Funds Chit Funds Gen.Insurance NICo of India Ltd. NICo of India Ltd. Life Insurance LIC of India Ltd LIC of India Ltd Mutual fund UTI UTI True/False Question CPs have to be compulsorily rated. Correct Answer True Your Answer True Multiple Choice Single Answer Question If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of Rs. 5 is known as the :Correct Answer Discount Your Answer Discount Multiple Choice Multiple Answer Question IIBI (formerly known as IRBI )undertakes :Correct Answer Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services Your Answer Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services Select The Blank Question The loans under________ are based on Poverty Reduction Strategy Paper. Correct Answer PRGF Your Answer PRGF Multiple Choice Multiple Answer Question Functions of a Bank's H.O. include:Correct Answer Liaison with RBI , Evolve Policies , Vigilance & Control Your Answer Liaison with RBI , Evolve Policies , Vigilance & Control Multiple Choice Single Answer Question DICGC also provides :Correct Answer Security to deposits Your Answer Guarantee to borrowers Match The Following Question Correct Answer Your Answer Insurance of all employees of a Firm Group Insurance Auto Finance Premium Throughout Life Whole Life Group Insurance Fixed Period Insurance Endowment Endowment Insurance of ocean Cargo Marine Insurance Marine Insurance True/False Question A Cheque is a Negotiable Instrument. Correct Answer True Your Answer True Multiple Choice Single Answer Question Which one of the following is not a deposit account? Correct Answer Cash Credit account Your Answer Cash Certificate Select The Blank Question The ________ does not collect Savings from the Public. Correct Answer NIICO Ltd. Your Answer NIICO Ltd. Multiple Choice Single Answer Question IMF articles were amended in 1978 to legalise the :Correct Answer Floating exchange rates Your Answer Floating exchange rates Select The Blank Question ________ is merely an asset created out of book entries. Correct Answer SDR Your Answer SDR Question Correct Answer Your Answer Regional Rural Bank Thane Gramin Bank Thane Gramin Bank Public Sector Bank Indian Bank Saraswat Coop Bank Ltd. Private Sector Bank Bank of Rajasthan Ltd Indian Bank Foreign Bank CITI BANK Bank of Rajasthan Ltd Select The Blank Question Syndication of Loans Globally does not involve any funds as it is ________ activity. Correct Answer Non-fund based Your Answer Fund based True/False Question Issuance of CD attracts reserve requirements. Correct Answer False Your Answer True Select The Blank Question The repayment holiday period is also known as ________ period. Correct Answer Moratorium Your Answer Moratorium Multiple Choice Single Answer Question Zero Coupon Bonds are issued at a :Correct Answer Discount to face value Your Answer Discount to maturity value Multiple Choice Multiple Answer Question DICGC does not insure the deposits :Correct Answer Of foreign Governments , Of State Cooperative Banks , Of the Central Government Your Answer Of foreign Governments , Of State Cooperative Banks , Of the Central Government Multiple Choice Multiple Answer Question DICGC does not insure the deposits :Correct Answer Of foreign Governments , Of State Cooperative Banks , Of the Central Government Your Answer Of foreign Governments , Of State Cooperative Banks , Of the Central Government Match The Following Question Correct Answer Your Answer Small Savings Chit Funds Chit Funds Gen.Insurance NICo of India Ltd. NICo of India Ltd. Life Insurance LIC of India Ltd LIC of India Ltd Mutual fund UTI UTI Multiple Choice Single Answer Question Which one of the following is a Cooperative Bank? Correct Answer COSMOS BANK Your Answer COSMOS BANK Multiple Choice Single Answer Question Liabilities of Insurance Cos are mostly :Correct Answer Long term Your Answer Long term Select The Blank Question GIC raises funds to meet claims from ________. Correct Answer Premium collected Your Answer Premium collected True/False Question Issuance of CD attracts reserve requirements. Correct Answer False Your Answer True Multiple Choice Single Answer Question Investment on a monthly basis and repayment on due date is made in :Correct Answer Recurring deposit Your Answer Term deposit account Multiple Choice Single Answer Question A current account where the customer can withdraw more than the balance is :Correct Answer Overdraft Multiple Choice Single Answer Question SIDBI commenced its operations from :Correct Answer April 2,1990 Your Answer April 2,1990 Match The Following Question Correct Answer Your Answer NABARD Rural Development Rural Development AFC Ltd Consultancy Consultancy HUDCO Housing Housing NCDC Development of Cooperatives Development of Cooperatives
