Top 80+ Solved Indian Banking System and Capital Market MCQ Questions Answer
Q. Which of the following is the Banker of the Banks? [Railways 1995]
a. IDBI
b. SBI
c. RBI
d. SBI and RBI
Q. Which of the following is not true about the Reserve Bank of India?
a. It regulates the currency and credit system of India
b. It maintains the exchange value of the rupee
c. Foreign exchange reserves are kept by RBI
d. One rupee notes and coins are issued by RBI
Q. When was the Reserve Bank of India taken over by the Government? [PCS 1994]
a. 1945
b. 1948
c. 19S2
d. 1956
Q. Who is responsible for the collection and publication of monetary and financial information?
a. Finance Commission
b. Finance Ministry
c. Reserve Bank of India
d. Auditor and Comptroller General of India
Q. The Reserve Bank of India issues:
a. all the currency notes
b. all the currency notes except the one rupee note
c. all the currency notes except the hundred rupee note
d. only notes of Rs. 10 and above
Q. Nationalisation of banks was done with the purpose of:
a. financing the industries
b. improving credit facilities
c. consolidating the economy
d. improving security of deposits
Q. Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995]
a. New Bank of India and Bank of India
b. Central Bank of India and Corporation Bank
c. Parur Bank of India and Bank of India
d. Punjab National Bank and New Bank of India
Q. The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008]
a. Self-Regulatory Organisations
b. Small Revenue Operators
c. Securities Roll-back Operators
d. Securities Regulatory Organisations
Q. What do you understand by Bear raid?
a. An attempt to bring down the price of strong short selling
b. Simulataneous buying of shares and debentures in view of getting more values in near future
c. Higher rate of price paid for the particular government share or debentures
d. Any of the above
Q. Consider the following statements: [IAS 2004] 1. Reserve Bank of India was nationalized on 26 January, 1950 2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance Which of the statements given above is/are correct?
a. 1 only
b. 2 only
c. Both 1 and 2
d. Neither 1 nor 2
Q. What are gilt-edged securities?
a. Securities issued by the multinationals
b. Securities issued by the government
c. Securities issued by the private sectors
d. Securities issued by the joint venture companies
Q. The central banking functions in India are performed by the: [CPO AC 2003]
a. Central Bank
b. State Bank of India
c. Reserve Bank of India
d. Both (b) and (c)
Q. Bank rate is the rate at which:
a. a bank lends to the public
b. the Reserve Bank of India lends to the public
c. the Government of India lends to other countries
d. the Reserve Bank of India gives credit to commercial banks