Top 250+ Solved Indian Banking and Financial System MCQ Questions Answer
Q. ___________ allocates saving efficiently in an economy to ultimate users either forinvestment in real assets or for consumption
a. Economic system
b. Banking system
c. Financial system
d. Market system
Q. Which of the following is not a regulatory institutions in Indian financial system.
a. RBI
b. CIBIL
c. SEBI
d. IRDA
Q. ___________ is regarded as a queen of Indian financial system.
a. SEBI
b. RBI
c. Finance Ministry
d. BSE
Q. ————— represent claims for the payment of a sum of money sometimes in the future and/or a periodic payment in the form of interest or dividend.
a. physical asset
b. fixed asset
c. financial asset
d. none of these
Q. Any company making a public issue of value of more than Rs. ———— is required tofile a draft offer document with SEBI.
a. 100 lakh
b. 25 lakh
c. 50 lakh
d. 10 lakh
Q. ................... are drawn by contractors on the Govt. departments for the goods supplied tothem
a. treasury bills
b. supply bill
c. bill of lading
d. documentary bill
Q. The bill which doesn’t require acceptance is called.....................
a. treasury bills
b. supply bill
c. bill of lading
d. documentary bill
Q. ..................... are an important instrument of short term borrowing by the Govt.
a. National saving certificate
b. Bonds
c. Treasury bill
d. Any of the above
Q. ..................... is a market for bankers’ acceptances
a. discount market
b. CDs market
c. Interbank participation market
d. Acceptance market
Q. Accommodation bills are also known as ..................... bills
a. kite bills
b. wind bills
c. supply bill
d. both a & b
Q. “D vs. P” system for government securities market means
a. Delivery and payment settlement
b. Dividend and principal settlement
c. Dollar and Pound settlement
d. Delaying and postponement
Q. Non banking financial institutions (NBFIs) are registered under
a. RBI Act
b. Banking Regulation Act
c. Companies Act
d. SEBI Act
Q. According to IFRS, the term financial asset includes
a. Cash or Cash equivalent
b. Equity shares
c. Contractual right to receive cash
d. All the above
Q. Which of the following is /are example of primary or direct financial instrument
a. Fixed deposit receipt
b. Insurance policies
c. Mutual fund Unit
d. Debentures
Q. Which of the following is /are example of Secondary or indirect financial instrument
a. Equity shares
b. Preference shares
c. Post office saving deposit
d. Bonds