| 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 | |