Top 150+ Solved Indian Financial System MCQ Questions Answer

From 46 to 60 of 134

Q. The central depositary ..................... the security on behalf of theinvestors

a. hold

b. transfer

c. both a & b above

d. none of these

  • c. both a & b above

Q. ICICI was set up in ........................

a. 1955

b. 1964

c. 1989

d. 1935

  • a. 1955

Q. LIC was established in........................

a. 1956

b. 1964

c. 1989

d. 1935

  • a. 1956

Q. The process of managing the sales ledger of a client by a financial servicecompany is called

a. forfaiting

b. factoring

c. leasing

d. None of these.

  • b. factoring

Q. In India, the company which actually deals with the corpus of the mutualfund is called

a. sponsor company

b. trustee company

c. asset management company

d. Mutual fund Company.

  • c. asset management company

Q. ........... is a product whose value is derived from the value of underlyingasset

a. Repo

b. T-bills

c. G.sec

d. Derivatives

  • d. Derivatives

Q. --------------is also known as “G.Secs”

a. Gold Traded Fund (GTF)

b. General Securities

c. Govt. Securities

d. Growth oriented fund

  • c. Govt. Securities

Q. ................ bonds permit the bond holder to invest the interest incomeagain in host bonds

a. Deep discount bond

b. Junk bonds

c. Bearer bond

d. Bunny bonds

  • d. Bunny bonds

Q. What you mean by “STRIPS”

a. Separate Trade Register of Initial Public Securities offer

b. Stock Trading Register of Interest and Principal Securities

c. Separate Trading of Registered Interest and Principal of Securities

d. Share Transfer and Registrar of Indian Public Securities issues

  • c. Separate Trading of Registered Interest and Principal of Securities

Q. The idea of providing factoring services in India was first thought by ——

a. Vaghul committee

b. Malhotra Committee

c. Tanden Committee

d. None of these

  • a. Vaghul committee

Q. ---------- bills are drawn by contractors on the government departmentsfor the goods supplied by them.

a. Usance bills

b. T-bills

c. Clean bills

d. Supply bills

  • d. Supply bills
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