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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 |
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