McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Commerce (B Com) .
Chapters
| 1. |
M Narasimham headed |
| A. | The working group constituted by the Government of India in July 1975 for the establishment of Regional Rural Banks |
| B. | The committee on the financial system 1991 |
| C. | The committee on Banking Sector Reforms 1997 |
| D. | All of the above |
| Answer» D. All of the above | |
| 2. |
Narasimham Committee was appointed on………… |
| A. | Agricultural reforms |
| B. | Industry reforms |
| C. | Insurance reforms |
| D. | Banking reforms |
| Answer» D. Banking reforms | |
| 3. |
What was the target set by Narasimham-II Committee for the capital adequacy ratio of the banks by the year 2000? |
| A. | 8% |
| B. | 9% |
| C. | 10% |
| D. | 11% |
| Answer» B. 9% | |
| 4. |
What was the maximum limit of Statutory Liquidity Ratio had Narasimham Committee recommended? |
| A. | 25% |
| B. | 20% |
| C. | 15% |
| D. | 18% |
| Answer» A. 25% | |
| 5. |
Who is the custodian of monetary reserves in India? |
| A. | SBI |
| B. | SIDBI |
| C. | NABARD |
| D. | RBI |
| Answer» D. RBI | |
| 6. |
Regional Rural Banks were set up on the recommendations of: |
| A. | Nariman committee |
| B. | Narasimham committee |
| C. | Gadgil committee |
| D. | Puri committee |
| Answer» B. Narasimham committee | |
| 7. |
Which of the following can be categories as a Merchant Banking service? |
| A. | Consultancy on finance to a company |
| B. | Advance in capital structure |
| C. | Managing mergers & in finalizing take over |
| D. | All the above |
| Answer» A. Consultancy on finance to a company | |
| 8. |
In India, forex rates are determined by: |
| A. | Importers |
| B. | Exporters |
| C. | RBI |
| D. | Demand and supply forces |
| Answer» D. Demand and supply forces | |
| 9. |
Committee, launched the process of reforms of financial system in India: |
| A. | Gadgil committee |
| B. | Nariman committee |
| C. | Narasimham committee |
| D. | Khanna Committee |
| Answer» C. Narasimham committee | |
| 10. |
Which of the following can be categories as a Merchant Banking service? |
| A. | Consultancy on finance to a company |
| B. | Advance in capital structure |
| C. | Managing mergers & in finalizing take over |
| D. | All the above |
| Answer» D. All the above | |
| 11. |
The instrument which provides proprietary interest in company and which entitles a person to dividend on profits, is called? |
| A. | Bond |
| B. | Share |
| C. | Debenture |
| D. | Warrant |
| Answer» B. Share | |
| 12. |
Which of the following organizations/agencies works solely to monitor and arrange flow of agriculture credit in India? |
| A. | NABARD |
| B. | SIDBI |
| C. | RBI |
| D. | SEBI |
| Answer» A. NABARD | |
| 13. |
What is NOT a mechanism that contributes to the success of micro-credits? |
| A. | Collaterals |
| B. | Dynamic incentives |
| C. | Peer monitoring |
| D. | Regular payment schedules |
| Answer» A. Collaterals | |
| 14. |
What does the microfinance model NOT predict? |
| A. | A decrease in interest rates when repayment is regular and in time |
| B. | Homogeneous risk groups |
| C. | Self-selection of best borrowers |
| D. | None of the above |
| Answer» C. Self-selection of best borrowers | |
| 15. |
Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit is extended to the poor through which of the following? |
| A. | Self Help Groups |
| B. | Anganwadees |
| C. | Co-operative credit Societies |
| D. | RBI |
| Answer» A. Self Help Groups | |
| 16. |
Which of the following are loans of very small amounts given to low income groups or poor household? |
| A. | Simple Credit |
| B. | Rural Credit |
| C. | Micro Credit |
| D. | No Frills Loan |
| Answer» C. Micro Credit | |
| 17. |
Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed? |
| A. | Ponzi schemes |
| B. | Micro finance System |
| C. | Money Laundering Schemes |
| D. | Money Tampering Finance |
| Answer» B. Micro finance System | |
| 18. |
Which of the following statements related to Micro Finance System is wrong? |
| A. | It provides micro credit having scope for small savings and remittances of funds |
| B. | It based on the principles of livelihood creations |
| C. | High volumes of low transactions done through this system |
| D. | None is wrong |
| Answer» D. None is wrong | |
| 19. |
When banks accept a fixed sum of money from an individual for a definite term and pay on maturity with interest, the deposit is known as: |
| A. | Term Deposit |
| B. | Demand Deposit |
| C. | Bond |
| D. | Mortgage |
| Answer» A. Term Deposit | |
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