Deck 3: Financial Institutions and Services: Part A

Question 1

Technical consultancy Organisations were set up by........................

A)IFCI
B)IDBI
C)RBI
D)SEBI

Answer 1

IDBI

Question 2

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

A)1955
B)1964
C)1989
D)1935

Answer 2

1955

Question 3

........................ assists mainly to industrial undertakings in the private sector

A)IFCI
B)IDBI
C)ICICI
D)SEBI

Answer 3

ICICI

Question 4

................known as Brettonwood twins

A)IDBI and IFCI
B)IDBI and UTI
C)IBRD and IMF
D)RBI and SEBI

Question 5

World bank is also known as........................

A)IMF
B)ADB
C)IBRD
D)UNICEF

Question 6

World bank was set up in ........................

A)1945
B)1946
C)1947
D)1948

Question 7

IMF commenced financial operation on........................

A)1945
B)1946
C)1947
D)1948

Question 8

Which of the following gives long term finance?

A)IDBI
B)ICICI
C)IFCI
D)All the above

Question 9

Which of the following is a fee based service

A)hire purchase
B)Leasing
C)capital issue management
D)Underwriting.

Question 10

Find the odd one out

A)commercial paper
B)share certificate
C)certificate of deposit
D)Treasury bill.

Question 11

The process of managing the sales ledger of a client by a financial service company is called

A)forfaiting
B)factoring
C)leasing
D)None of these.

Question 12

Mutual funds are very popular in

A)USA
B)UK
C)Japan
D)India

Question 13

In India, the company which actually deals with the corpus of the mutual fund is called

A)sponsor company
B)trustee company
C)asset management company
D)Mutual fund Company.

Question 14

The first bank in India to start factoring business is

A)Canara bank
B)SBI
C)Punjab National Bank
D)Allahabad Bank.

Question 15

An asset with a physical value is called

A)Financial asset
B)Non financial asset
C)Fictitious asset
D)Fixed asset

Question 16

An asset which derives its value because of a contractual claim is

A)Financial asset
B)Non financial asset
C)Fictitious asset
D)Fixed asset

Question 17

Gold is -----------asset

A)Financial asset
B)Non financial asset
C)Fictitious asset
D)Intangible asset

Question 18

Cash is --------------asset

A)Financial asset
B)Non financial asset
C)Fictitious asset
D)Intangible asset

Question 19

-------------is a whole sale market for short term debt instrument.

A)capital market
B)forex market
C)money market
D)any of the above

Question 20

Money lent in the inter-bank market for 15 days or more is called -----------

A)Call money
B)Term money
C)Money at short notice
D)All the above

Question 21

Call money is a loan given for a period of

A)15 days
B)30 days
C)1 day
D)1 year

Question 22

When money lent for more than a day but up to a fortnight is called

A)Call money
B)Term money
C)Money at short notice
D)None of the above

Question 23

CBLO stands for

A)Collateralised Borrowing and Lending Obligation
B)Central Banks Lending Obligation
C)Commercial Bank and Lending Option
D)None of these