Deck 1: Financial System and Market

Question 1

___________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption

A)Economic system
B)Banking system
C)Financial system
D)Market system

Answer 1

Financial system

Question 2

Which of the following is not a regulatory institutions in Indian financial system.

A)RBI
B)CIBIL
C)SEBI
D)IRDA

Answer 2

CIBIL

Question 3

___________ is regarded as a queen of Indian financial system.

A)SEBI
B)RBI
C)Finance Ministry
D)BSE

Answer 3

RBI

Question 4

----- 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

Question 5

SEBI was established in -----.

A)1988
B)1985
C)1991
D)1990

Question 6

RBI started functioning on -----.

A)1-4-1935
B)1-4-1948
C)1-4-1882
D)1-4-1945

Question 7

National Housing bank is a fully owned subsidiary of -----.

A)HDFC
B)HSBC
C)RBI
D)HUDCO

Question 8

----- has the statutory powers to regulate and promote the Indian capital market.

A)Registrar of issue
B)Merchant banks
C)SEBI
D)RBI

Question 9

Any company making a public issue of value of more than Rs. ---- is required to file a draft offer document with SEBI.

A)100 lakh
B)25 lakh
C)50 lakh
D)10 lakh

Question 10

----- Committee was constituted by SEBI for deciding about derivatives trading.

A)L.C.Gupta
B)R. L. Gupta
C)Vaghul
D)Malhotra

Question 11

RBI is the lender of last resort for -----.

A)Central Government
B)State Governments
C)Stock markets
D)Commercial Banks

Question 12

The market regulator of Indian Capital Market is ……………

A)DFHI
B)RBI
C)SEBI
D)STCI

Question 13

……………………… market is a market for old issues.

A)Money market
B)Primary market
C)Secondary market
D)All the above

Question 14

Which of the following is a financial asset

A)gold
B)silver
C)share
D)Land.

Question 15

Which of the following is a cash asset?

A)deposit created out of loans
B)share
C)bond
D)Post office certificate.

Question 16

Govt. bond is a

A)short term security
B)long term security
C)medium term security
D)Either a or b.

Question 17

Money market deals with ..................... instruments.

A)long term
B)short term
C)medium term
D)all of these.

Question 18

The market for extremely short period loan is called.....................

A)call money market
B)money at short notice
C)T-bill market
D)G-sec market

Question 19

..................... acts as an intermediary between Govt. and money market

A)RBI
B)SEBI
C)Commercial banks
D)All the above

Question 20

................... are drawn by contractors on the Govt. departments for the goods supplied to them

A)treasury bills
B)supply bill
C)bill of lading
D)documentary bill

Question 21

The bill which doesn't require acceptance is called.....................

A)treasury bills
B)supply bill
C)bill of lading
D)documentary bill

Question 22

..................... 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

Question 23

..................... is a market for bankers' acceptances

A)discount market
B)CDs market
C)Interbank participation market
D)Acceptance market

Question 24

Accommodation bills are also known as ..................... bills

A)kite bills
B)wind bills
C)supply bill
D)both a & b