Top 50+ Solved Banking and Insurance Sector in India MCQ Questions Answer
Q. These days RBI uses Selective credit control measures rather infrequentlybecause of:
a. Deregulation of functions
b. Autonomy given to banks
c. Comfortable liquidity
d. Reasonable inflation level
Q. Which is incorrect with regard to powers of RBI:
a. Holds cash reserve banks
b. Controls banking system through licensing
c. Supervises Banking system through inspection
d. None of the above
Q. Intervenes in markets to maintain the external value of the Indian rupee:
a. Exporters
b. Importers
c. RBI
d. IMF
Q. Regional Rural Banks were set up on the recommendations of:
a. Nariman committee
b. Narasimham committee
c. Gadgil committee
d. Puri committee
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
d. Helping in finalizing take over
Q. The instrument which provides proprietary interest in company andwhich entitles a person to dividend on profits, is called?
a. Bond
b. Share
c. Debenture
d. Warrant
Q. Which of the following provides proper definition of a Mutual Funds?
a. It is an association of members of public
b. These members want to invest in financial instrument
c. They want to invest in financial instrument assts of business sector
d. All the above
Q. Which of the following organisations/agencies works solely to monitorand arrange flow of agriculture credit in India?
a. NABARD
b. SIDBI
c. RBI
d. SEBI
Q. The currency notes of which of the following denominations are notprinted in India ?
a. Rs. 5
b. Rs. 10
c. Rs. 50
d. Rs. 2500
Q. Which of the following is not the name of a bank functioning in India?
a. Central Bank of India
b. UCO Bank
c. Aegon Religare
d. Dena Bank
Q. When banks accept a fixed sum of money from an individual for a definiteterm and pay on maturity with interest, the deposit is known as :
a. Term Deposit
b. Demand Deposit
c. Bond
d. Mortgage
Q. Who amongst the following is the chief of SEBI?
a. Milind Bhave
b. UK Sinha
c. Shashikath Verma
d. Shyamala Gopinath
Q. Which of the following is a leading electronic-payment tec-hnology firm?
a. Visa
b. Max
c. BSE
d. Sensex
Q. The basic function of…………are to accept to deposits, lend money and actas collection and paying agents.
a. Banks
b. . Non Banking Institutes
c. Sock exchange
d. Brokers