Top 350+ Solved Financial Services MCQ Questions Answer
Q. Which of the following is / are securitisable asset/debt?
a. Credit card receivable
b. Lease finance
c. Mortgage loan
d. All the above
Q. Which of the following is / are securitisable asset/debt?
a. Hire purchase receivable
b. Receivable from Govt.
c. Term loan to financial reputed company
d. All the above
Q. Which of the following is / are not securitisable asset/debt?
a. Credit card receivable
b. Bills receivable
c. Mortgage loan
d. All the above
Q. Which of the following is not related to securitisation process?
a. Special purpose vehicle
b. Credit rating agency
c. Credit enhancer
d. None of these.
Q. Which of the following is tripartite system?
a. Financial lease
b. Operating lease
c. Leverage lease
d. Swap lease
Q. Equipment lease transaction is treated as contract of............
a. Bailment
b. Pledge
c. Guarantee
d. Agency
Q. ............ lease is for a limited period
a. Financial lease
b. Operating lease
c. Leverage lease
d. Swap lease
Q. The entire lease rental is treated as........ in the books of lessor
a. Expense
b. Income
c. Receivable
d. Capital
Q. Leased asset is shown in the balance sheet of..................
a. Lessee
b. Lessor
c. Lender
d. Both lessor and lessee in 50:50 ratio
Q. Who can claim investment allowance in relation to leased asset?
a. Lessee
b. Lessor
c. Lender
d. Both lessor and lessee in 50:50 ratio
Q. An average lease agreement involves.............
a. Two parties
b. Three parties
c. Four parties
d. None of these
Q. ................. Leasing companies are formrd to promote the sale of its parent company
a. Leverage
b. Financial
c. Vendor
d. Swap
Q. .......... fund generates regular income to the investors on periodical basis.
a. Balanced fund
b. Income fund
c. Growth fund
d. All of these
Q. Income-cum- growth fund is also known as.................
a. Balanced fund
b. Nest eggs
c. Open ended fund
d. Long haul
Q. ............... fund concentrate mainly on capital appreciation.
a. Balanced fund
b. Income fund
c. Growth fund
d. All of these