Top 350+ Solved Financial Services MCQ Questions Answer
Q. The inflation free instrument is........
a. Option bond
b. Index-linked guilt bond
c. Variable rate bond
d. Deep discount bond
Q. ------ bonds are issued at a large discount to their nominal value.
a. Option bond
b. Index-linked guilt bond
c. Variable rate bond
d. Deep discount bond
Q. ------- is referred as both fund based and fee based financial service.
a. Hire purchase
b. Leasing
c. Factoring
d. Underwriting
Q. Direct sale of securities to investors is called..........
a. Public offer
b. Private placement
c. FPO
d. IPO
Q. ............... supplies machinery to small scale industries under hire purchase system.
a. IDBI
b. SIDMI
c. NSIC
d. DIC
Q. In India, Banks are permitted to carry on Hire purchase business
a. Directly
b. Through its Departments
c. Through subsidiary
d. Any of the above
Q. In hire purchase, till the payment of last instalment, amount paid by hirer is treated as
a. Rent
b. interest
c. cash price
d. all of these
Q. With -------- we rent and with .......... we buy the goods.
a. Hire purchase, leasing
b. Leasing, hire purchase
c. Hire purchase, instalment
d. Hire purchase, Credit sale
Q. In.............., lessor fulfils financing function
a. Operating lease
b. Swap lease
c. Financial lease
d. Balloon lease
Q. In................., Lessor fulfils servicing function
a. Operating lease
b. Swap lease
c. Financial lease
d. Balloon lease
Q. Credit card facility is a better example of
a. Revolving credit
b. Cash loan
c. Secured credit
d. Fixed credit
Q. ............... card provides communication security
a. Charge card
b. Smart card
c. Debit card
d. Credit card