Top 350+ Solved Financial Services MCQ Questions Answer
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
Q. The RBI was nationalized by the Reserve Bank (amendment ) …………...
a. Act 1948
b. . Act 1932
c. Act 1962
d. Act 1963
Q. The baking system was……….during the early 90’s which led to greatercompetition and higher Production.
a. Liberalized
b. Centralized
c. Decentralized
d. None of these
Q. The baking sector is the most important part of the……….and it promoteseconomic development of the country.
a. financial system
b. Financial Procedure
c. Technology
d. Underwriting
Q. The…………..has economic significance and social purpose.
a. Insurance industry
b. Financial banks
c. mutual fund
d. Underwriting
Q. The……… are financial intermediate that collect and invest largeamount of premiums.
a. Insurance Companies
b. non banking Institutes
c. Stock Exchange
d. SEBI
Q. The 1st life insurance company namely………. was establishment inKolkata in 1818
a. oriental life insurance co
b. ICICI prudential
c. Tata LIC
d. SBI LIC
Q. The commercial banking system in India consists………….&………….
a. Scheduled & Unscheduled Banks
b. Bank & Non Banking Institutions
c. Organised & unorganized Banks
d. none of these
Q. ………..banks are considered as the heart of our financial structure thatmakes the completely utilization of the resources of the nation.
a. financial system
b. Financial Procedure
c. Technology
d. Underwriting