McqMate
| 1. |
In which year the Regional Rural Banks Act was passed? |
| A. | 1986 |
| B. | 1976 |
| C. | 1992 |
| D. | 1988 |
| Answer» B. 1976 | |
| 2. |
What is the share of Sponsor Banks in the Regional Rural Banks? |
| A. | 75% |
| B. | 15% |
| C. | 40% |
| D. | 35% |
| Answer» D. 35% | |
| 3. |
Which of these was the first RRB to be set up in India? |
| A. | Gaur Gramin Bank |
| B. | Pratham Bank |
| C. | Himachal Bank |
| D. | Aruchal Rural Bank |
| Answer» B. Pratham Bank | |
| 4. |
Which microfinance institution is known as the Universal Bank? |
| A. | Bandhan Financial Services Private Ltd |
| B. | Arohan Financial Services Private Ltd |
| C. | Disha Microfinance Private Ltd |
| D. | SKS Microfinance Private Ltd |
| Answer» A. Bandhan Financial Services Private Ltd | |
| 5. |
What option block the poor to get bank loans? |
| A. | Absence of collateral |
| B. | High rates of interest |
| C. | Complexity of procedure |
| D. | None of the above |
| Answer» A. Absence of collateral | |
| 6. |
In the self-help group, the loan and saving decisions are taken by |
| A. | Government |
| B. | Non-government organisation |
| C. | Bank |
| D. | Absence of collateral |
| Answer» D. Absence of collateral | |
| 7. |
In India, which organizations take care of the agriculture and rural development credits |
| A. | IDBI |
| B. | NABARD |
| C. | ICAR |
| D. | FCI |
| Answer» B. NABARD | |
| 8. |
What is Pradhan Mantri Suraksha Bima Yojana (PMSBY) Life insurance cover |
| A. | Accidental insurance cover |
| B. | Life insurance cover |
| C. | Overdraft up to Rs.5,000/- |
| D. | None of above |
| Answer» A. Accidental insurance cover | |
| 9. |
Self Help Group involves |
| A. | Group of 5 to 20 people |
| B. | Regular saving habits |
| C. | Inter-lending within the group members |
| D. | All of above |
| Answer» D. All of above | |
| 10. |
The Financial statement provides accurate and time ……………. Which is useful for all. |
| A. | Financial Information |
| B. | Liabilities. |
| C. | Assets Information |
| D. | Marketing Information |
| Answer» A. Financial Information | |
| 11. |
Balance sheet is the summary of ………………… |
| A. | General Information |
| B. | Financial position |
| C. | profit and loss position |
| D. | loan status |
| Answer» B. Financial position | |
| 12. |
Financial statements are the …………. |
| A. | Trading account , Profit and Loss account |
| B. | Balance sheet |
| C. | (a) and (b) |
| D. | Neither (a) nor (b) |
| Answer» C. (a) and (b) | |
| 13. |
EPS helps in determining the …………. of the equity share of the MFI |
| A. | market price |
| B. | Earning per share |
| C. | Average price |
| D. | cost price |
| Answer» B. Earning per share | |
| 14. |
Debt equity ratio ascertains soundness of………. financial position |
| A. | long term |
| B. | Short term |
| C. | Yearly |
| D. | all of above |
| Answer» A. long term | |
| 15. |
Two basic measures of liquidity are : |
| A. | (A) Inventory turnover and Current ratio |
| B. | (B) Current ratio and Quick ratio |
| C. | (C) Gross Profit ratio and Operating ratio |
| D. | (D) Current ratio and Average |
| Answer» C. (C) Gross Profit ratio and Operating ratio | |
| 16. |
Current Ratio is : |
| A. | (A) Solvency Ratio |
| B. | (B) Liquidity Ratio |
| C. | (C) Activity Ratio |
| D. | (D) Profitability Ratio |
| Answer» B. (B) Liquidity Ratio | |
| 17. |
Services are characterized by all of the following characteristics except for |
| A. | A. Intangibility. |
| B. | B. Homogeneity |
| C. | C. Perishability. |
| D. | D. Inseparability |
| Answer» B. B. Homogeneity | |
| 18. |
This P is not a part of the 7Ps of marketing mix? |
| A. | (a) Promotion |
| B. | (b) Price |
| C. | (c) People |
| D. | (d) Purpose |
| Answer» D. (d) Purpose | |
| 19. |
Nutritional level of food energy is expressed in the form of |
| A. | (a) calories per day |
| B. | (b) wheat consumption |
| C. | (c) rice consumption per day |
| D. | (d) none of the above |
| Answer» A. (a) calories per day | |
| 20. |
The calorie requirement is higher in the rural areas because: |
| A. | (a) they do not enjoy as much as people in the urban |
| B. | (b) food items are expensive. |
| C. | (c) they are engaged in mental work. |
| D. | (d) people are engaged in physical |
| Answer» D. (d) people are engaged in physical | |
| 21. |
What is 'Bank rate'? |
| A. | The rate at which commercial banks borrow |
| B. | The rate at which commercial banks |
| C. | The rate at which commercial banks |
| D. | none of the above |
| Answer» A. The rate at which commercial banks borrow | |
| 22. |
What is the Cash Reserve Ratio (CRR)? |
| A. | the fraction of the deposits that commercial banks lend |
| B. | the fraction of the deposits that RBI must |
| C. | the fraction of the deposits that |
| D. | none of the above |
| Answer» C. the fraction of the deposits that | |
| 23. |
In order to meet the working capital requirement in agriculture, banks issue the card |
| A. | General Credit Card |
| B. | SME Credit Card |
| C. | Swaroj Credit Card |
| D. | Kisan Credit Card |
| Answer» D. Kisan Credit Card | |
| 24. |
The microfinance movement in India has been initiated by |
| A. | SIDBI |
| B. | SBI |
| C. | NABARD |
| D. | RRBs |
| Answer» C. NABARD | |
| 25. |
Prudential norms of the banks includes |
| A. | IRAC norms |
| B. | provisioning norms |
| C. | CRAR norms |
| D. | all of the above |
| Answer» D. all of the above | |
| 26. |
All the scheduled banks are to extend…………% of the total credit to priority sector |
| A. | 18% |
| B. | 40% |
| C. | 32% |
| D. | 12% |
| Answer» B. 40% | |
| 27. |
Education loan granted to indivisual for educational purposes upto rupess…… for |
| A. | 7 lakh |
| B. | 10 lakh |
| C. | 15 lakh |
| D. | 20 lakh |
| Answer» B. 10 lakh | |
| 28. |
Housing loan granted to public indivisual upto rupees………….for construction of houses treated as priority sector advances |
| A. | 5 lakh |
| B. | 10 lakh |
| C. | 15 lakh |
| D. | 20 lakh |
| Answer» D. 20 lakh | |
| 29. |
In microfinance the demand side constraints is |
| A. | lack of awareness |
| B. | distance from bank branch |
| C. | unsuitable product |
| D. | communication |
| Answer» A. lack of awareness | |
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