Top 50+ Solved Financial Services in India MCQ Questions Answer
Q. Association of mutual fund in India was incorporated on…
a. 22nd Aug 1995
b. 23rd Aug 1996
c. 28th Aug 1995
d. 22nd Jan 1995
Q. ………is keeps the safe custody of the valuables of customers or clients orinvestors.
a. Custodian
b. Registrar
c. Trader
d. Institutes
Q. ………………….. means financial transaction where exporter sells hisaccounts receivables to the 3rd party @a lesser rate in exchange for instant cash.
a. Factoring
b. Surplus
c. Mutual Fund
d. Interest
Q. Numerous factoring arrangements are possible if an agreement is reachedbetween the ………& ……
a. selling co.& the Factor
b. Factors & the Purchaser
c. Sole trader & Banks
d. None of these
Q. Domestic factoring include Customers, Client ……..
a. All of these
b. Customers
c. Financial Intermediary
d. buyers & seller
Q. Forfiet means …………
a. Surrendered of rights
b. Factors & the Purchaser
c. Sole trader’s Banks
d. None of these
Q. Forfeiter determines ………..risk & risk.
a. Country & Credit
b. Factors & the Purchaser
c. Cash & Banks
d. None of these
Q. Forfeiting transaction is covered with ………..
a. Promissory Notes
b. Certificate
c. Dishonor bill
d. None of these
Q. The first rating AGENCY is …………was started in…..
a. CRISIL, 1988
b. ICRA , 1993
c. DCR, 1996
d. ONICRA, 1995
Q. Write the example of V C Fs of state financial institution.
a. K S I D C
b. T D I C I
c. C V C F
d. None of these.
Q. Which of the following is a V C F promoted by specialized financialinstitution.
a. Indus venture capital fund
b. I L & FS Venture corporation ltd.
c. I D B I venture capital fund
d. None of these.