McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Commerce in Finance (B.Com Finance) .
Chapters
| 201. |
The predetermined price at which an underlying asset has to be bought or sold in an option contract is called ________. |
| A. | Option price. |
| B. | Exercise price |
| C. | Spot price |
| D. | Future price |
| Answer» B. Exercise price | |
| 202. |
A combination of forwards by two counterparties with opposite but matching need is called:. |
| A. | Swap |
| B. | Option |
| C. | Forwa |
| Answer» A. Swap | |
| 203. |
The minimum size of venture capital fund is _______________. |
| A. | Rs. 10 crores |
| B. | Rs. 20 crores |
| C. | Rs. 25 crores |
| D. | Rs. 50 crores. |
| Answer» A. Rs. 10 crores | |
| 204. |
Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as _________. |
| A. | ATM Network |
| B. | Shared Payment Network System. |
| C. | Cash Network |
| D. | None of these. |
| Answer» D. None of these. | |
| 205. |
Arbitrage is _________. |
| A. | Buying and selling in two markets simultaneously |
| B. | A rate of interest |
| C. | A Fee. |
| D. | A dispute. |
| Answer» A. Buying and selling in two markets simultaneously | |
| 206. |
Exchange risk in case of foreign currency Non Resident (Banks) scheme (FCNR) Is borne by_________. |
| A. | RBI. |
| B. | Depositor. |
| C. | Govt. Of India |
| D. | Concerned Bank. |
| Answer» D. Concerned Bank. | |
| 207. |
Which of these is not a credit rating agency? |
| A. | Moody. |
| B. | Standard & Poors |
| C. | Price water house |
| D. | CRISIL |
| Answer» C. Price water house | |
| 208. |
Investment banks facilitate the sale of securities in the __________. |
| A. | Primary market. |
| B. | Secondary market |
| C. | Retail market. |
| D. | Wholesale market. |
| Answer» A. Primary market. | |
| 209. |
There are........ associated companies of GIC |
| A. | 3 |
| B. | 4 |
| C. | 6 |
| D. | 5 |
| Answer» B. 4 | |
| 210. |
In India, banks cannot do hire purchase business without the permission of |
| A. | SEBI |
| B. | Central Govt. |
| C. | State govt. |
| D. | RBI |
| Answer» D. RBI | |
| 211. |
LIC was nationalised in the year |
| A. | 1956 |
| B. | 1954 |
| C. | 1969 |
| D. | 1972 |
| Answer» A. 1956 | |
| 212. |
Banking Regulation Act was passed in the year |
| A. | 1969 |
| B. | 1935 |
| C. | 1948 |
| D. | 1949 |
| Answer» D. 1949 | |
| 213. |
Loans for pensioners are given up to-----------months of pension amount. |
| A. | 12 |
| B. | 6 |
| C. | 24 |
| D. | 36 |
| Answer» B. 6 | |
| 214. |
Consumer loans are granted for-----------period. |
| A. | Medium |
| B. | Short |
| C. | Long |
| D. | Both long and medium |
| Answer» B. Short | |
| 215. |
The maximum amount of education loan is Rs…………..lakh for study in India. |
| A. | 10 |
| B. | 15 |
| C. | 7.5 |
| D. | 20 |
| Answer» C. 7.5 | |
| 216. |
Housing advances are……………………in nature. |
| A. | Medium |
| B. | Short |
| C. | Long |
| D. | Both long and medium |
| Answer» C. Long | |
| 217. |
Housing loan sanctioned to redeem prior debts obtained from friends for the purchase of a house is called…………loan. |
| A. | Conversion |
| B. | Flexible installment |
| C. | Refinance |
| D. | Renovation |
| Answer» C. Refinance | |
| 218. |
HDFC was established in the year |
| A. | 1982 |
| B. | 1977 |
| C. | 1972 |
| D. | 1964 |
| Answer» B. 1977 | |
| 219. |
Education loan maximum is…………….lakh for study abroad. |
| A. | 10 |
| B. | 15 |
| C. | 7.5 |
| D. | 20 |
| Answer» B. 15 | |
| 220. |
Housing loan sanctioned to pay off an old housing loan at a higher rate of interest and enjoy a new one at a lower rate is called: |
| A. | Conversion loan |
| B. | Flexible installment loan |
| C. | Transfer plan loan |
| D. | Refinance loan |
| Answer» C. Transfer plan loan | |
| 221. |
LIC Housing Finance Ltd was established in the year |
| A. | 1982 |
| B. | 1989 |
| C. | 1972 |
| D. | 1964 |
| Answer» B. 1989 | |
| 222. |
RBI Act passed in the year |
| A. | 1934 |
| B. | 1935 |
| C. | 1936 |
| D. | 1949 |
| Answer» A. 1934 | |
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