McqMate
| 1. |
---------- is a set of complex or closely connected or intermixed institutions, agents, practices, markets claims etc. In an economy. |
| A. | Financial intermediary |
| B. | Financial company |
| C. | Financial system |
| D. | None of these |
| Answer» C. Financial system | |
| 2. |
Bonds, bearer debenture, government securities are the example for |
| A. | Non marketable asset |
| B. | Marketable asset |
| C. | Primary asset |
| D. | Secondary asset |
| Answer» B. Marketable asset | |
| 3. |
--------is a money assets consist of coins and currency notes and created money. |
| A. | Cash asset |
| B. | Stock asset |
| C. | Debt asset |
| D. | Primary asset |
| Answer» A. Cash asset | |
| 4. |
Market for short term funds usually for one year is called |
| A. | Capital market |
| B. | Money market |
| C. | Primary market |
| D. | Secondary market |
| Answer» B. Money market | |
| 5. |
-----------is a place where foreign moneys are bought and sold |
| A. | Money market |
| B. | Financial mortgage market |
| C. | FOREX market |
| D. | Capital market |
| Answer» C. FOREX market | |
| 6. |
Those persons who do not accept deposit form the public, but merely lend their own funds |
| A. | Bankers |
| B. | Borrowers |
| C. | Agents |
| D. | Money lenders |
| Answer» D. Money lenders | |
| 7. |
FERA was passed by the Govt of India in |
| A. | 1947 |
| B. | 1946 |
| C. | 1945 |
| D. | 1948 |
| Answer» A. 1947 | |
| 8. |
LAF ( liquidity adjustment facility) was introduced by RBI during |
| A. | July 2000 |
| B. | June 2000 |
| C. | June 2001 |
| D. | July 2001 |
| Answer» B. June 2000 | |
| 9. |
Banking regulation act was passed in |
| A. | 1939 |
| B. | 1949 |
| C. | 1945 |
| D. | 1935 |
| Answer» B. 1949 | |
| 10. |
To facilitate multiple rediscounting and reduce paper movements RBI introduce |
| A. | DUPN |
| B. | SUPN |
| C. | CURN |
| D. | DURN |
| Answer» A. DUPN | |
| 11. |
------is an amount borrowed or lent on demand for a very short period |
| A. | Call money |
| B. | Notice money |
| C. | Both A&B |
| D. | None of these |
| Answer» C. Both A&B | |
| 12. |
RBI issue ------day treasury bills in 1977 |
| A. | 14 |
| B. | 40 |
| C. | 344 |
| D. | 91 |
| Answer» A. 14 | |
| 13. |
Money market instruments consist of |
| A. | CD’s |
| B. | CP’s |
| C. | MMMFS |
| D. | All of these |
| Answer» D. All of these | |
| 14. |
In MMMFS the second and third ‘M’ consist of |
| A. | Money market |
| B. | Market mutual |
| C. | Mutual market |
| D. | Money mutual |
| Answer» B. Market mutual | |
| 15. |
The market for industrial securities is termed as |
| A. | Long term loan market |
| B. | Govt securities market |
| C. | Money market |
| D. | None of these |
| Answer» D. None of these | |
| 16. |
SEBI was established in |
| A. | 4th April 1982 |
| B. | 4th April 1992 |
| C. | 4th June 1992 |
| D. | 4th June 1993 |
| Answer» B. 4th April 1992 | |
| 17. |
The markets which generally confined to the stock exchanges |
| A. | Primary market |
| B. | Secondary market |
| C. | Tertiary market |
| D. | All of these |
| Answer» B. Secondary market | |
| 18. |
Government securities market also called |
| A. | Industrial securities |
| B. | Guilt edged securities |
| C. | MM securities |
| D. | Capital securities |
| Answer» B. Guilt edged securities | |
| 19. |
Long term loan market includes |
| A. | Term loan market |
| B. | Mortgage market |
| C. | Financial guarantee market |
| D. | All of these |
| Answer» D. All of these | |
| 20. |
BSE’s online trading system is called |
| A. | COLT |
| B. | DOLT |
| C. | BOLT |
| D. | ROLT |
| Answer» C. BOLT | |
| 21. |
ETF stands for |
| A. | Exchange traded funds |
| B. | Exchange traded facility |
| C. | Exchange traded forms |
| D. | Exchange traded finance. |
| Answer» A. Exchange traded funds | |
| 22. |
--------is an equity linked debt security |
| A. | ADR |
| B. | GDR |
| C. | Euro issues |
| D. | FCCB |
| Answer» D. FCCB | |
| 23. |
Companies are permitted to issue a new class of shares named nonvoting shares as per |
| A. | Sec 85 A |
| B. | Sec 84 A |
| C. | Sec 89 A |
| D. | Sec 86 A |
| Answer» D. Sec 86 A | |
| 24. |
In 2001 SEBI guidelines mandated a minimum level of public holding at ----% for companies carrying out fresh IPO’s |
| A. | 23% |
| B. | 24% |
| C. | 25% |
| D. | 26% |
| Answer» C. 25% | |
| 25. |
--------pool resources from those who save and allocate them to various investment opportunities |
| A. | Mutual funds |
| B. | LIC |
| C. | Banks |
| D. | RBI |
| Answer» A. Mutual funds | |
| 26. |
A) a debenture is an acknowledgement of debt due by a company issued under a common seal B) bonus shares can be issued only out of free reserves built out of revenue profit or share premium collected in cash |
| A. | A is true B is false |
| B. | A is false B is true |
| C. | Both are true |
| D. | Both are false |
| Answer» C. Both are true | |
| 27. |
Process used by companies raising capital through IPO’s and FPO’s to aid price and demand discovery |
| A. | ESOP |
| B. | Book building |
| C. | Bonus issue |
| D. | Euro issue |
| Answer» B. Book building | |
| 28. |
In the methods of marketing securities BOD stands for |
| A. | Board of directors |
| B. | Buy out deals |
| C. | Bought out discount |
| D. | Bought out deals |
| Answer» D. Bought out deals | |
| 29. |
FDI stands for |
| A. | Foreign Development Institution |
| B. | Foreign Direct Investment |
| C. | Financial Direct Investment |
| D. | Foreign Development Investment |
| Answer» B. Foreign Direct Investment | |
| 30. |
Indian companies are allowed to raise capital in the international market through the issue of |
| A. | ADR |
| B. | GDR |
| C. | ADR & GDR |
| D. | None of these |
| Answer» C. ADR & GDR | |
| 31. |
Bonds that are denominated in a currency other than that of the country in which they are issued |
| A. | Drop lock bond |
| B. | Euro bond |
| C. | Straight debt bond |
| D. | Convertible bond |
| Answer» B. Euro bond | |
| 32. |
-----is a dollar denominated form of equity ownership |
| A. | ADR |
| B. | GDR |
| C. | SDR |
| D. | USD |
| Answer» A. ADR | |
| 33. |
The apex authority of insurance industry |
| A. | IBRD |
| B. | IRDA |
| C. | RBI |
| D. | LIC |
| Answer» B. IRDA | |
| 34. |
GIC has its registered office and head quarters in |
| A. | Luck now |
| B. | Mumbai |
| C. | Chennai |
| D. | Maharashtra |
| Answer» B. Mumbai | |
| 35. |
------was founded in 1956 with the merger of 243 insurance companies and provident societies |
| A. | LIC |
| B. | GIC |
| C. | RBI |
| D. | SBI |
| Answer» A. LIC | |
| 36. |
IRDA act was passed in |
| A. | 1999 |
| B. | 2000 |
| C. | 2001 |
| D. | 2002 |
| Answer» B. 2000 | |
| 37. |
Identify public sector undertaking |
| A. | United India insurance |
| B. | HDFC life |
| C. | ICICI prudential |
| D. | Bharti Axa |
| Answer» A. United India insurance | |
| 38. |
General insurance include |
| A. | Auto insurance |
| B. | Life insurance |
| C. | Both A& B |
| D. | None of these |
| Answer» A. Auto insurance | |
| 39. |
-----is a form of protection against possible risk |
| A. | Banking |
| B. | Factoring |
| C. | Insurance |
| D. | Investment |
| Answer» C. Insurance | |
| 40. |
A) BSE was the first to offer screen based trading all over India B) nse is the leading and the oldest stock exchange in India as well as in Asia. |
| A. | A is true B is false |
| B. | B is true A is false |
| C. | Both are true |
| D. | Both are false |
| Answer» D. Both are false | |
| 41. |
Stock exchange also referred as |
| A. | Primary market |
| B. | FOREX market |
| C. | Secondary market |
| D. | OTCEI |
| Answer» C. Secondary market | |
| 42. |
Identify one which is not the function of stock exchange |
| A. | Safety of funds |
| B. | Fair price determination |
| C. | Provide ready market |
| D. | Raising of capital |
| Answer» D. Raising of capital | |
| 43. |
--------is a process through which any member-owned organisation becomes a shareholder-owned company |
| A. | Delisting |
| B. | Demutualization |
| C. | Recapitalization |
| D. | Demembership |
| Answer» B. Demutualization | |
| 44. |
NSE indices includes |
| A. | CNX MID CAP |
| B. | CNX NIFTY JUNIOR |
| C. | S&P CNX NIFTY |
| D. | All of these |
| Answer» D. All of these | |
| 45. |
BSE index is also called |
| A. | SENSEX |
| B. | NIFTY |
| C. | NASDAQ |
| D. | None of these |
| Answer» A. SENSEX | |
| 46. |
------is the first exchange for small companies |
| A. | BSE |
| B. | NSE |
| C. | OTCEI |
| D. | SEBI |
| Answer» C. OTCEI | |
| 47. |
Selling of a security that an investor does not own is called |
| A. | Small selling |
| B. | Short selling |
| C. | Credit sale |
| D. | None of these |
| Answer» B. Short selling | |
| 48. |
RBI was established in |
| A. | 1945 |
| B. | 1935 |
| C. | 1955 |
| D. | 1949 |
| Answer» B. 1935 | |
| 49. |
--------refers to a fixed number of units of the underlying asset that form part of a single F&O contract |
| A. | Forward |
| B. | Lot size |
| C. | Lottery |
| D. | Future |
| Answer» B. Lot size | |
| 50. |
At present India have two depositories namely |
| A. | NDSL & CSDL |
| B. | NSDL & CDSL |
| C. | SDNL & SDCL |
| D. | DLNS & SLCD |
| Answer» B. NSDL & CDSL | |
| 51. |
NASDAQ is |
| A. | An American stock exchange |
| B. | An Australian stock exchange |
| C. | An Indian stock exchange |
| D. | Not a stock exchange |
| Answer» A. An American stock exchange | |
| 52. |
Group of speculators buy the securities and they will buy and sell securities themselves to push up the prices id termed as |
| A. | Price rigging |
| B. | Insider trading |
| C. | Fair dealing |
| D. | Price speculation |
| Answer» A. Price rigging | |
| 53. |
---------- is a receipt for a deposit of money with a bank or a financial institution |
| A. | CD’S |
| B. | CP’S |
| C. | TB’S |
| D. | PC’S |
| Answer» A. CD’S | |
| 54. |
---- is a short term usance promissory note with fixed maturity. |
| A. | CD’S |
| B. | CP’S |
| C. | TB’S |
| D. | PC’S |
| Answer» B. CP’S | |
| 55. |
-----are instrument of short term borrowing by the govt of India, issued as promissory notes under discount |
| A. | CD’S |
| B. | CP’S |
| C. | TB’S |
| D. | PC’S |
| Answer» C. TB’S | |
| 56. |
Debentures can be issued |
| A. | at par |
| B. | at premium |
| C. | at discount |
| D. | All of these |
| Answer» D. All of these | |
| 57. |
Failure of the opposite party to deliver the promised security |
| A. | Interest rate risk |
| B. | Default risk |
| C. | Counter party risk |
| D. | Price risk |
| Answer» C. Counter party risk | |
| 58. |
Securities and exchange board of India issue and listing of debt securities amendment regulations act was passed in |
| A. | 2012 |
| B. | 2013 |
| C. | 2014 |
| D. | 2015 |
| Answer» D. 2015 | |
| 59. |
Percentage rate of return paid on a stock in the form of dividends is called |
| A. | Profit |
| B. | Yield |
| C. | Reserve |
| D. | Premium |
| Answer» B. Yield | |
| 60. |
Income tax act was enacted in |
| A. | 1861 |
| B. | 1961 |
| C. | 1971 |
| D. | 1981 |
| Answer» B. 1961 | |
| 61. |
IBRD is also known as |
| A. | Reserve bank |
| B. | Scheduled bank |
| C. | Central bank |
| D. | World bank |
| Answer» D. World bank | |
| 62. |
Expand NABARD |
| A. | National bank for agriculture and resource development |
| B. | National bank for agriculture and reconstruction and development |
| C. | National bank for agriculture and rural development |
| D. | Nationalized bank for agriculture and rural development |
| Answer» C. National bank for agriculture and rural development | |
| 63. |
Identify one which is not the segment in the debt market |
| A. | Primary market |
| B. | Capital market |
| C. | Secondary debt market |
| D. | Wholesale debt market segment. |
| Answer» B. Capital market | |
| 64. |
---------bond is bought at a price below face value |
| A. | Coupon bond |
| B. | Floating rate bond |
| C. | Zero coupon bond |
| D. | PSU bond |
| Answer» C. Zero coupon bond | |
| 65. |
Term lending institution include |
| A. | IDBI |
| B. | NABARD |
| C. | EXIM BANK |
| D. | HUDCO |
| Answer» A. IDBI | |
| 66. |
SFC is created under an act in |
| A. | August 1952 |
| B. | September 1952 |
| C. | October 1952 |
| D. | November 1952 |
| Answer» A. August 1952 | |
| 67. |
------ is an apex banking institution in the field of long term industrial finance |
| A. | NABARD |
| B. | IDBI |
| C. | IFCI |
| D. | SIDBI |
| Answer» B. IDBI | |
| 68. |
IDBI was converted in to banking company in |
| A. | 1995 |
| B. | 2005 |
| C. | 2002 |
| D. | 2004 |
| Answer» D. 2004 | |
| 69. |
IDBI subsidiaries does not include |
| A. | ICMS |
| B. | IAML |
| C. | IMTCL |
| D. | IFCI |
| Answer» D. IFCI | |
| 70. |
IFCI stands for |
| A. | Industrial finance corporation of India |
| B. | Industrial financial company of India |
| C. | Investment finance corporation of India |
| D. | Investment financial company of India |
| Answer» A. Industrial finance corporation of India | |
| 71. |
The authorised share capital of IFCI is Rs |
| A. | 50 crore |
| B. | 40 crore |
| C. | 30 crore |
| D. | 20 crore |
| Answer» D. 20 crore | |
| 72. |
A) NABARD is an apex development bank for agriculture and rural development B) NABARD has to perform dual function, the function of rbi and the function of ARDC |
| A. | Both are true |
| B. | Both are false |
| C. | A is true B is false |
| D. | A is false B is true |
| Answer» A. Both are true | |
| 73. |
For digitalization of SHG (self help groups) NABARD introduce |
| A. | E SEVA |
| B. | E SHAKTI |
| C. | E GOVERN |
| D. | E KISAN |
| Answer» B. E SHAKTI | |
| 74. |
Kisan credit card is issued by |
| A. | RBI |
| B. | IDBI |
| C. | NABARD |
| D. | SIDBI |
| Answer» C. NABARD | |
| 75. |
------ is the subsidiary of IDBI was setup under a separate act of parliament on 2nd April 1990 |
| A. | IFCI |
| B. | SIDBI |
| C. | HUDCO |
| D. | HDFC |
| Answer» B. SIDBI | |
| 76. |
MUDRA bank was announced in the union budget in the year |
| A. | 2014 |
| B. | 2015 |
| C. | 2016 |
| D. | 2017 |
| Answer» C. 2016 | |
| 77. |
MUDRA ltd has been set up as a subsidiary of |
| A. | IDBI |
| B. | IFCI |
| C. | SIDBI |
| D. | NABARD |
| Answer» C. SIDBI | |
| 78. |
The entire business of IDBI relating to export financing are done by |
| A. | IDBI ITSELF |
| B. | RBI |
| C. | SIDBI |
| D. | EXIM BANK |
| Answer» D. EXIM BANK | |
| 79. |
The board of directors of EXIM bank includes |
| A. | ECGC |
| B. | Public sector banks |
| C. | RBI |
| D. | All of these |
| Answer» D. All of these | |
| 80. |
The main purpose of ----------was to prevent and cure the problems of industrial sickness |
| A. | IDBI |
| B. | IRBI |
| C. | IRCI |
| D. | IIBI |
| Answer» C. IRCI | |
| 81. |
NHB (national housing bank) established under the recommendation of the committee headed by |
| A. | Dr. Raguram rajan |
| B. | Dr. Narasimha rao |
| C. | Dr. Ranga rajan |
| D. | D. Subbarao |
| Answer» C. Dr. Ranga rajan | |
| 82. |
The initial share capital of NHB |
| A. | 100 crore |
| B. | 200 crore |
| C. | 50 crore |
| D. | 150 crore |
| Answer» A. 100 crore | |
| 83. |
All SFC’S is depends upon the rules and regulations of |
| A. | State Govt |
| B. | WTO |
| C. | IDBI |
| D. | Central Govt |
| Answer» A. State Govt | |
| 84. |
The first SFC was established in |
| A. | Gujarat |
| B. | Punjab |
| C. | Haryana |
| D. | Uttar pradesh |
| Answer» B. Punjab | |
| 85. |
The SFC act is applicable to all except |
| A. | Sikkim |
| B. | Punjab |
| C. | Haryana |
| D. | None of these |
| Answer» D. None of these | |
| 86. |
-------was incorporated under SFC act 1951 |
| A. | KFC |
| B. | SFC |
| C. | IDFC |
| D. | UTI |
| Answer» A. KFC | |
| 87. |
The head quarters of KFC is situated at |
| A. | Malappuram |
| B. | Calicut |
| C. | Thiruvanathapuram |
| D. | Ernakulum |
| Answer» C. Thiruvanathapuram | |
| 88. |
The UTI was setup under an act of parliament in |
| A. | 1962 |
| B. | 1963 |
| C. | 1964 |
| D. | 1965 |
| Answer» C. 1964 | |
| 89. |
Advantages of mutual funds include |
| A. | Liquidity |
| B. | Safety |
| C. | The diversification penalty |
| D. | A & B |
| Answer» D. A & B | |
| 90. |
-----is one that is available for subscription all through the year |
| A. | Open ended funds |
| B. | Close ended funds |
| C. | Stock fund |
| D. | Bond fund |
| Answer» A. Open ended funds | |
| 91. |
---------is invest in shorter securities such as treasury bills |
| A. | Bond fund |
| B. | Money market funds |
| C. | Stock fund |
| D. | Equity funds |
| Answer» B. Money market funds | |
| 92. |
Commercial paper does not includes |
| A. | Direct papers |
| B. | Medium term note |
| C. | Master note |
| D. | Participation certificate |
| Answer» D. Participation certificate | |
| 93. |
The main source of guarantee in India are |
| A. | Personal guarantee |
| B. | Govt guarantee |
| C. | Institutional guarantee |
| D. | All of these |
| Answer» D. All of these | |
| 94. |
Features of money market does not include |
| A. | Security price formation |
| B. | Presence of bills market |
| C. | Ample supply of funds |
| D. | Existence of central bank |
| Answer» A. Security price formation | |
| 95. |
An individual or private firm receiving deposits and dealing in Hundies or lending money is called |
| A. | Money lenders |
| B. | Indigenous bankers |
| C. | Organized bankers |
| D. | All of these |
| Answer» B. Indigenous bankers | |
| 96. |
---------is the bankers bank |
| A. | Commercial bank |
| B. | RBI |
| C. | World bank |
| D. | IMF |
| Answer» B. RBI | |
| 97. |
Every scheduled bank is required to maintain a fixed percent of their time and demand deposit as |
| A. | SLR |
| B. | Bank rate |
| C. | CRR |
| D. | REPO |
| Answer» C. CRR | |
| 98. |
If a company issues additional securities, first it is offered to existing share holders, it is known as |
| A. | Preferential right |
| B. | Right issue |
| C. | Private placement |
| D. | Underwriting |
| Answer» B. Right issue | |
| 99. |
Methods of floating capital from the primary markets are |
| A. | IPO |
| B. | Public issue |
| C. | New fund offer |
| D. | All the above |
| Answer» D. All the above | |
| 100. |
----------Is financing that investors provide to startup companies that are believed to have long term growth potential |
| A. | Debentures |
| B. | Venture capital |
| C. | Equity share capital |
| D. | Preference share capital |
| Answer» B. Venture capital | |
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