Top 80+ Solved Indian Banking System and Capital Market MCQ Questions Answer
Q. As per the reports published- in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector? [Punjab & Sindh Bank 2011]
a. Credit cards
b. Loan against gold from financial institute
c. Debit cards
d. Money lender
Q. Who amongst the following was never a Governor of the RBI ? [SBI Associates Clerk 2011]
a. Bimal Jalan
b. Y. V. Reddy
c. Arup Roy Choudhury
d. C. Rangarajan
Q. In the world of commodity exchanges-the' concept of "A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price" – is known as [UBI PO 2010]
a. Future contract
b. Forward contract
c. Market contract
d. Standard contract
Q. Stock Exchanges play, role in an economy which may be termed as [UBI PO 2010]
a. hardly useful
b. useful but need strict regulation
c. harmful to proper capital markets
d. a gambling-where many investors get ruined
Q. Which one of the following is not a feature of Limited Liability Partnership firm? [IAS 2010]
a. Partners should be less than 20
b. Partnership and management need not be separate
c. Internal governance may be decided by mutual agreement among partners
d. It is a corporate body with perpetual succession
Q. Which of the following statements is/are correct? 1. NIFTY is based upon 50 firms in India. 2. NIFTY is governed and regulated by the Reserve Bank of India. 3. NIFTY does not trade in mutual funds Select the correct answer using the code given below: [CDS 2012]
a. 1 only
b. 2 only
c. 3 only
d. 1 and 3
Q. Private Sector Mutual Funds in India were permitted in [UP PCS 2011]
a. 1964
b. 1993
c. 1994
d. 2001