McqMate
1. |
___________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption |
A. | Economic system |
B. | Banking system |
C. | Financial system |
D. | Market system |
Answer» C. Financial system |
2. |
Which of the following is not a regulatory institutions in Indian financial system. |
A. | RBI |
B. | CIBIL |
C. | SEBI |
D. | IRDA |
Answer» B. CIBIL |
3. |
___________ is regarded as a queen of Indian financial system. |
A. | SEBI |
B. | RBI |
C. | Finance Ministry |
D. | BSE |
Answer» B. RBI |
4. |
————— represent claims for the payment of a sum of money sometimes in the future and/or a periodic payment in the form of interest or dividend. |
A. | physical asset |
B. | fixed asset |
C. | financial asset |
D. | none of these |
Answer» C. financial asset |
5. |
SEBI was established in —————. |
A. | 1988 |
B. | 1985 |
C. | 1991 |
D. | 1990 |
Answer» A. 1988 |
6. |
RBI started functioning on —————. |
A. | 1-4-1935 |
B. | 1-4-1948 |
C. | 1-4-1882 |
D. | 1-4-1945 |
Answer» A. 1-4-1935 |
7. |
National Housing bank is a fully owned subsidiary of —————. |
A. | HDFC |
B. | HSBC |
C. | RBI |
D. | HUDCO |
Answer» C. RBI |
8. |
————— has the statutory powers to regulate and promote the Indian capital market. |
A. | Registrar of issue |
B. | Merchant banks |
C. | SEBI |
D. | RBI |
Answer» C. SEBI |
9. |
Any company making a public issue of value of more than Rs. ———— is required to file a draft offer document with SEBI. |
A. | 100 lakh |
B. | 25 lakh |
C. | 50 lakh |
D. | 10 lakh |
Answer» C. 50 lakh |
10. |
————— Committee was constituted by SEBI for deciding about derivatives trading. |
A. | L.C.Gupta |
B. | R. L. Gupta |
C. | Vaghul |
D. | Malhotra |
Answer» A. L.C.Gupta |
11. |
RBI is the lender of last resort for —————. |
A. | Central Government |
B. | State Governments |
C. | Stock markets |
D. | Commercial Banks |
Answer» D. Commercial Banks |
12. |
The market regulator of Indian Capital Market is …………… |
A. | DFHI |
B. | RBI |
C. | SEBI |
D. | STCI |
Answer» C. SEBI |
13. |
…………………… facilitate the transfer of funds from savers to the borrowers. |
A. | goods market |
B. | money market |
C. | financial market |
D. | consumer market |
Answer» C. financial market |
14. |
……………………… market is a market for old issues. |
A. | Money market |
B. | Primary market |
C. | Secondary market |
D. | All the above |
Answer» C. Secondary market |
15. |
Which of the following is a financial asset |
A. | gold |
B. | silver |
C. | share |
D. | Land. |
Answer» C. share |
16. |
Which of the following is a cash asset? |
A. | deposit created out of loans |
B. | share |
C. | bond |
D. | Post office certificate. |
Answer» A. deposit created out of loans |
17. |
Govt. bond is a |
A. | short term security |
B. | long term security |
C. | medium term security |
D. | Either a or b. |
Answer» B. long term security |
18. |
Money market deals with ..................... instruments. |
A. | long term |
B. | short term |
C. | medium term |
D. | all of these. |
Answer» B. short term |
19. |
The market for extremely short period loan is called..................... |
A. | call money market |
B. | money at short notice |
C. | T-bill market |
D. | G-sec market |
Answer» A. call money market |
20. |
..................... acts as an intermediary between Govt. and money market |
A. | RBI |
B. | SEBI |
C. | Commercial banks |
D. | All the above |
Answer» A. RBI |
21. |
................... are drawn by contractors on the Govt. departments for the goods supplied to them |
A. | treasury bills |
B. | supply bill |
C. | bill of lading |
D. | documentary bill |
Answer» B. supply bill |
22. |
The bill which doesn’t require acceptance is called..................... |
A. | treasury bills |
B. | supply bill |
C. | bill of lading |
D. | documentary bill |
Answer» A. treasury bills |
23. |
..................... are an important instrument of short term borrowing by the Govt. |
A. | National saving certificate |
B. | Bonds |
C. | Treasury bill |
D. | Any of the above |
Answer» C. Treasury bill |
24. |
..................... is a market for bankers’ acceptances |
A. | discount market |
B. | CDs market |
C. | Interbank participation market |
D. | Acceptance market |
Answer» D. Acceptance market |
25. |
Accommodation bills are also known as ..................... bills |
A. | kite bills |
B. | wind bills |
C. | supply bill |
D. | both a & b |
Answer» D. both a & b |
26. |
Adhoc treasury bills are issued in favour of the ..................... only |
A. | Treasury |
B. | RBI |
C. | Commercial banks |
D. | State government |
Answer» B. RBI |
27. |
..................... are short term deposits of specific maturity similar to fixed deposits. |
A. | commercial paper |
B. | Interbank participation certificate |
C. | Repo |
D. | Certificate of deposit |
Answer» D. Certificate of deposit |
28. |
..................... is an unsecured short term promissory note issued by creditworthy companies? |
A. | commercial paper |
B. | interbank participation certificate |
C. | Repo |
D. | Certificate of deposit |
Answer» A. commercial paper |
29. |
Discount and Finance House of India was set up in ..................... |
A. | 1982 |
B. | 1988 |
C. | 1992 |
D. | 1969 |
Answer» B. 1988 |
30. |
Discount and Finance House of India was set up in pursuance of the recommendations of .....................Committee |
A. | Malegam |
B. | Malhotra |
C. | Vaghul |
D. | Narasimham |
Answer» C. Vaghul |
31. |
..................... has been set up mainly to provide a secondary market in Govt. Securities |
A. | DHFI |
B. | OTCEI |
C. | STCI |
D. | NSDL |
Answer» C. STCI |
32. |
Right shares are offered to..................... |
A. | Debenture holders |
B. | Existing shareholders |
C. | List 2 contributories |
D. | Liquidators |
Answer» B. Existing shareholders |
33. |
..................... is the suitable method where small companies issue shares |
A. | public issue |
B. | placement |
C. | offer for sale |
D. | none of these |
Answer» B. placement |
34. |
..................... is a process of admitting securities for trading on a recognised stock exchange. |
A. | registration |
B. | filing |
C. | listing |
D. | admission |
Answer» C. listing |
35. |
..................... is a preferential independent broker who deals in securities on his own behalf. |
A. | Jobber |
B. | sub broker |
C. | Remisiers |
D. | Arbitragers |
Answer» A. Jobber |
36. |
The facility to carry forward a transaction from one settlement period to another is known as ..................... transaction |
A. | Badla |
B. | arbitrage |
C. | cornering |
D. | trading inside |
Answer» A. Badla |
37. |
The device adopted to make profit out of the differences in prices of a security in to different markets is called..................... |
A. | cornering |
B. | prise rigging |
C. | arbitrage |
D. | margin trading |
Answer» C. arbitrage |
38. |
The central depositary ..................... the security on behalf of the investors |
A. | hold |
B. | transfer |
C. | both a & b above |
D. | none of these |
Answer» C. both a & b above |
39. |
..................... of shares in the first step in the depository process |
A. | Registration |
B. | Listing |
C. | Rematting |
D. | Immobilisation |
Answer» D. Immobilisation |
40. |
. ..................... is the link between the depository and the owner |
A. | Agent |
B. | Depository participant |
C. | Beneficiary |
D. | Broker |
Answer» B. Depository participant |
41. |
..................... issues does not bring in any fresh capital |
A. | equity |
B. | preference |
C. | debenture |
D. | bonus |
Answer» D. bonus |
42. |
Prospectus is not issued in |
A. | public issue |
B. | private placement |
C. | right issue |
D. | none the above |
Answer» B. private placement |
43. |
An issuer need not file an offer document in case of |
A. | public issue |
B. | preferential allotment |
C. | right issue |
D. | bought out deal |
Answer» B. preferential allotment |
44. |
An issuer can launch an IPO within..................... |
A. | 3 months |
B. | 6 months |
C. | 9 months |
D. | one year |
Answer» B. 6 months |
45. |
An issue of a minimum size of Rs. ..................... crore is a mega issue |
A. | 50 |
B. | 100 |
C. | 150 |
D. | 300 |
Answer» B. 100 |
46. |
Financial institutions are also known as ........................ |
A. | Financial organisation |
B. | Financial intermediaries |
C. | Financial system |
D. | Any of the above |
Answer» B. Financial intermediaries |
47. |
........................ is the first development financial institution in India. |
A. | IDBI |
B. | ICICI |
C. | IFCI |
D. | RBI |
Answer» C. IFCI |
48. |
Management Development Institute (MDI)was set up by ........................ |
A. | IDBI |
B. | ICICI |
C. | IFCI |
D. | SEBI |
Answer» C. IFCI |
49. |
IDBI was established in ........................ |
A. | 1948 |
B. | 1954 |
C. | 1992 |
D. | 1964 |
Answer» D. 1964 |
50. |
........................ is an apex institution to coordinate, supplement and integrate the activities of all existing specialised financial institutions. |
A. | IFCI |
B. | IDBI |
C. | RBI |
D. | SEBI |
Answer» B. IDBI |
51. |
Technical consultancy Organisations were set up by........................ |
A. | IFCI |
B. | IDBI |
C. | RBI |
D. | SEBI |
Answer» B. IDBI |
52. |
ICICI was set up in ........................ |
A. | 1955 |
B. | 1964 |
C. | 1989 |
D. | 1935 |
Answer» A. 1955 |
53. |
........................ assists mainly to industrial undertakings in the private sector |
A. | IFCI |
B. | IDBI |
C. | ICICI |
D. | SEBI |
Answer» C. ICICI |
54. |
LIC was established in........................ |
A. | 1956 |
B. | 1964 |
C. | 1989 |
D. | gcv1935 |
Answer» A. 1956 |
55. |
UTI was set up in the year ........................ |
A. | 1956 |
B. | 1964 |
C. | 1969 |
D. | 1948 |
Answer» B. 1964 |
56. |
................known as Brettonwood twins |
A. | IDBI and IFCI |
B. | IDBI and UTI |
C. | IBRD and IMF |
D. | RBI and SEBI |
Answer» C. IBRD and IMF |
57. |
World bank is also known as........................ |
A. | IMF |
B. | ADB |
C. | IBRD |
D. | UNICEF |
Answer» C. IBRD |
58. |
World bank was set up in ........................ |
A. | 1945 |
B. | 1946 |
C. | 1947 |
D. | 1948 |
Answer» A. 1945 |
59. |
IMF commenced financial operation on........................ |
A. | 1945 |
B. | 1946 |
C. | 1947 |
D. | 1948 |
Answer» C. 1947 |
60. |
Which of the following gives long term finance? |
A. | IDBI |
B. | ICICI |
C. | IFCI |
D. | All the above |
Answer» D. All the above |
61. |
Which of the following is a fee based service |
A. | hire purchase |
B. | Leasing |
C. | capital issue management |
D. | Underwriting. |
Answer» C. capital issue management |
62. |
Find the odd one out |
A. | commercial paper |
B. | share certificate |
C. | certificate of deposit |
D. | Treasury bill. |
Answer» B. share certificate |
63. |
The process of managing the sales ledger of a client by a financial service company is called |
A. | forfaiting |
B. | factoring |
C. | leasing |
D. | None of these. |
Answer» B. factoring |
64. |
Mutual funds are very popular in |
A. | USA |
B. | UK |
C. | Japan |
D. | India |
Answer» A. USA |
65. |
In India, the company which actually deals with the corpus of the mutual fund is called |
A. | sponsor company |
B. | trustee company |
C. | asset management company |
D. | Mutual fund Company. |
Answer» C. asset management company |
66. |
The first bank in India to start factoring business is |
A. | Canara bank |
B. | SBI |
C. | Punjab National Bank |
D. | Allahabad Bank. |
Answer» B. SBI |
67. |
An asset with a physical value is called |
A. | Financial asset |
B. | Non financial asset |
C. | Fictitious asset |
D. | Fixed asset |
Answer» B. Non financial asset |
68. |
An asset which derives its value because of a contractual claim is |
A. | Financial asset |
B. | Non financial asset |
C. | Fictitious asset |
D. | Fixed asset |
Answer» A. Financial asset |
69. |
Gold is -----------asset |
A. | Financial asset |
B. | Non financial asset |
C. | Fictitious asset |
D. | Intangible asset |
Answer» B. Non financial asset |
70. |
Cash is --------------asset |
A. | Financial asset |
B. | Non financial asset |
C. | Fictitious asset |
D. | Intangible asset |
Answer» A. Financial asset |
71. |
-------------is a whole sale market for short term debt instrument. |
A. | capital market |
B. | forex market |
C. | money market |
D. | any of the above |
Answer» C. money market |
72. |
Money lent in the inter-bank market for 15 days or more is called ----------- |
A. | Call money |
B. | Term money |
C. | Money at short notice |
D. | All the above |
Answer» B. Term money |
73. |
Call money is a loan given for a period of |
A. | 15 days |
B. | 30 days |
C. | 1 day |
D. | 1 year |
Answer» C. 1 day |
74. |
When money lent for more than a day but up to a fortnight is called |
A. | Call money |
B. | Term money |
C. | Money at short notice |
D. | None of the above |
Answer» C. Money at short notice |
75. |
CBLO stands for |
A. | Collateralised Borrowing and Lending Obligation |
B. | Central Banks Lending Obligation |
C. | Commercial Bank and Lending Option |
D. | None of these |
Answer» A. Collateralised Borrowing and Lending Obligation |
76. |
The NSDL established in |
A. | August 1996 |
B. | August 1998 |
C. | January 1996 |
D. | January 1998 |
Answer» A. August 1996 |
77. |
In a private placement the maximum number of investors shall not exceed |
A. | 51 |
B. | 49 |
C. | 100 |
D. | 25 |
Answer» B. 49 |
78. |
Merchant banks in India started in |
A. | 1955 |
B. | 1969 |
C. | 1972 |
D. | 1992 |
Answer» B. 1969 |
79. |
Merchant banks concept in India introduced by |
A. | SBI |
B. | PNB |
C. | ANZ Grindlays |
D. | City bank |
Answer» C. ANZ Grindlays |
80. |
SENSEX is the index of |
A. | BSE |
B. | NSE |
C. | OTCEI |
D. | CSE |
Answer» A. BSE |
81. |
NIFTY is the index of |
A. | BSE |
B. | NSE |
C. | OTCEI |
D. | CSE |
Answer» B. NSE |
82. |
The first Indian equity index is |
A. | Nifty |
B. | Sensex |
C. | Dollex |
D. | Defty |
Answer» B. Sensex |
83. |
........... is a product whose value is derived from the value of underlying asset |
A. | Repo |
B. | T-bills |
C. | G.sec |
D. | Derivatives |
Answer» D. Derivatives |
84. |
BOLT stands for |
A. | Borrowing or Lending Trade |
B. | Bombay Online Trading |
C. | Bond or Loan Transaction |
D. | None of these |
Answer» B. Bombay Online Trading |
85. |
--------------is also known as “G.Secs” |
A. | Gold Traded Fund (GTF) |
B. | General Securities |
C. | Govt. Securities |
D. | Growth oriented fund |
Answer» C. Govt. Securities |
86. |
.................. are negotiable instrument issued by an overseas depository |
A. | ADR |
B. | GDR |
C. | IDR |
D. | Any of the above |
Answer» D. Any of the above |
87. |
Perpetual bond is also known as |
A. | Deep discount bond |
B. | Irredeemable bond |
C. | Bearer bond |
D. | Registered bond |
Answer» B. Irredeemable bond |
88. |
Zero Coupon Bond is also known as |
A. | Deep discount bond |
B. | Irredeemable bond |
C. | Bearer bond |
D. | Zero Interest bond |
Answer» A. Deep discount bond |
89. |
Secured Premium Notes (SPN) always issued with........... |
A. | Premium |
B. | Discount |
C. | Detachable Warrant |
D. | Coupon |
Answer» C. Detachable Warrant |
90. |
................ bonds permit the bond holder to invest the interest income again in host bonds |
A. | Deep discount bond |
B. | Junk bonds |
C. | Bearer bond |
D. | Bunny bonds |
Answer» D. Bunny bonds |
91. |
...............bonds are high risk and high yield bonds developed in USA |
A. | Deep discount bond |
B. | Junk bonds |
C. | Bearer bond |
D. | Bunny bonds |
Answer» B. Junk bonds |
92. |
ESOP stands for |
A. | Equity share option Plan |
B. | Equity shares Option premium |
C. | Employee stock Option Plan |
D. | Equity Stock Option Plan |
Answer» C. Employee stock Option Plan |
93. |
QIPs Stands for |
A. | Quality investment Project |
B. | Qualified investment Plan |
C. | Qualified Institutional Placement |
D. | Qualitative Investment Premium |
Answer» C. Qualified Institutional Placement |
94. |
What you mean by “STRIPS” |
A. | Separate Trade Register of Initial Public Securities offer |
B. | Stock Trading Register of Interest and Principal Securities |
C. | Separate Trading of Registered Interest and Principal of Securities |
D. | Share Transfer and Registrar of Indian Public Securities issues |
Answer» C. Separate Trading of Registered Interest and Principal of Securities |
95. |
Gilt Edged Securities are |
A. | Govt. Securities |
B. | Company’s securities |
C. | Any of the above |
D. | None of these |
Answer» A. Govt. Securities |
96. |
In India, forfaiting services are offered by |
A. | RBI |
B. | SBI |
C. | EXIM bank |
D. | All the above |
Answer» C. EXIM bank |
97. |
The small investors’ gateway to enter into big companies is ————— |
A. | Equity shares |
B. | Preference shares |
C. | Bonds |
D. | Mutual fund |
Answer» D. Mutual fund |
98. |
Money Market mutual fund is also known as--------------- |
A. | Growth fund |
B. | Balanced fund |
C. | Income fund |
D. | Cash fund |
Answer» C. Income fund |
99. |
————— fund invests in highly liquid securities like commercial paper. |
A. | Open ended fund |
B. | Close ended fund |
C. | Balanced fund |
D. | MMMF |
Answer» D. MMMF |
100. |
The idea of providing factoring services in India was first thought by ————— |
A. | Vaghul committee |
B. | Malhotra Committee |
C. | Tanden Committee |
D. | None of these |
Answer» A. Vaghul committee |
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