Top 350+ Solved Banking and Finance MCQ Questions Answer
Q. What was the maximum limit of Statutory Liquidity Ratio had Narasimham Committee recommended?
a. 25%
b. 20%
c. 15%
d. 18%
Q. Regional Rural Banks were set up on the recommendations of:
a. Nariman committee
b. Narasimham committee
c. Gadgil committee
d. Puri committee
Q. Which of the following can be categories as a Merchant Banking service?
a. Consultancy on finance to a company
b. Advance in capital structure
c. Managing mergers & in finalizing take over
d. All the above
Q. In India, forex rates are determined by:
a. Importers
b. Exporters
c. RBI
d. Demand and supply forces
Q. Committee, launched the process of reforms of financial system in India:
a. Gadgil committee
b. Nariman committee
c. Narasimham committee
d. Khanna Committee
Q. Which of the following can be categories as a Merchant Banking service?
a. Consultancy on finance to a company
b. Advance in capital structure
c. Managing mergers & in finalizing take over
d. All the above
Q. The instrument which provides proprietary interest in company and which entitles a person todividend on profits, is called?
a. Bond
b. Share
c. Debenture
d. Warrant
Q. Which of the following organizations/agencies works solely to monitor and arrange flow of agriculturecredit in India?
a. NABARD
b. SIDBI
c. RBI
d. SEBI
Q. What is NOT a mechanism that contributes to the success of micro-credits?
a. Collaterals
b. Dynamic incentives
c. Peer monitoring
d. Regular payment schedules
Q. What does the microfinance model NOT predict?
a. A decrease in interest rates when repayment is regular and in time
b. Homogeneous risk groups
c. Self-selection of best borrowers
d. None of the above
Q. Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit isextended to the poor through which of the following?
a. Self Help Groups
b. Anganwadees
c. Co-operative credit Societies
d. RBI
Q. Which of the following are loans of very small amounts given to low income groups or poor household?
a. Simple Credit
b. Rural Credit
c. Micro Credit
d. No Frills Loan
Q. Loans to poor people by banks have many limitations including lack of security and high operating cost.So to help them which type of finance system developed?
a. Ponzi schemes
b. Micro finance System
c. Money Laundering Schemes
d. Money Tampering Finance