Top 350+ Solved Financial Services MCQ Questions Answer
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.
Q. Indian Commercial Banks are categorized into:
a. Public sector Banks
b. Foreign Banks
c. Private Sector Banks
d. All of the above
Q. Regional Rural Banks have been set up with the basic objectives of:
a. Providing credit to semi - urban & urban population
b. Providing deposits facilities to farmers
c. Providing credit & deposit facilities to rural areas
d. providing credit, deposit and other banking facilities to people in rural
Q. _____ is raised in capital markets
a. Funds through long term securities
b. Long term loans through Govt. securities
c. medium term loans
d. Short - term instruments
Q. Interest on Government secu-rities on fixed basis is known as:
a. Bank rate
b. Coupon
c. Prime Lending Rate
d. Bench mark PLR
Q. __ was not nationalized in 1969:
a. Punjab National Bank
b. Oriental Bank of commerce
c. Bank of Baroda
d. Union Bank of India
Q. In the first round 14 major banks with a liability base of ____ werenationalized:
a. 10 crore or more
b. 20 crore or more
c. 50 crore or more
d. 100 crore or more
Q. The maximum Statutory Liquidity Ratio to be maintained by banks is_____:
a. 25%
b. 30%
c. 35%
d. 40%
Q. CRR funds are kept by the Banks in ____:
a. Cash in hand at branches
b. Balance with other banks
c. Balance in a special Account with RBI
d. Funds in the currency chest