Thursday, January 7, 2010

Financial Institutions and Banking - 1

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

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

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

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

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

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

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
Your Answer
Treasury bills , State /central Government Securities

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

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

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

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

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

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

Match The Following
Question
Correct Answer
Your Answer
CRR
Primary reserve requirement
Primary reserve requirement
Bankers Bank
Controlling the reserves of commercial banks
Controlling the reserves of commercial banks
Exchange control
FEMA
FEMA
OMO
Government securities
Government securities

Multiple Choice Single Answer
Question
NABARD was established on the recommendations of :-
Correct Answer
CRAFICARD
Your Answer
CRAFICARD

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

Multiple Choice Multiple Answer
Question
Credit Information report is also known as :-
Correct Answer
Credit report , Banker's report , Confidential report
Your Answer
Credit report , Banker's report , Confidential report

Select The Blank
Question
Development financial institutions have been established to cater to ________ of the industrial sector.
Correct Answer
Long term financial needs
Your Answer
Long term financial needs

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

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

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

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

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

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

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

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

Multiple Choice Single Answer
Question
A credit facility under which a borrower can withdraw up a certain limit subject to availability of adequate security is :-
Correct Answer
Cash Credit account
Your Answer
Cash Credit account