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 | |
Done Reading?