Deck 4: Banking and Finance

Question 1

MUDRA bank was announced in the union budget in the year

A)2014
B)2015
C)2016
D)2017

Answer 1

2016

Question 2

MUDRA ltd has been set up as a subsidiary of

A)IDBI
B)IFCI
C)SIDBI
D)NABARD

Answer 2

SIDBI

Question 3

The entire business of IDBI relating to export financing are done by

A)IDBI ITSELF
B)RBI
C)SIDBI
D)EXIM BANK

Answer 3

EXIM BANK

Question 4

The board of directors of EXIM bank includes

A)ECGC
B)Public sector banks
C)RBI
D)All of these

Question 5

The main purpose of ----------was to prevent and cure the problems of industrial sickness

A)IDBI
B)IRBI
C)IRCI
D)IIBI

Question 6

NHB (national housing bank) established under the recommendation of the committee headed by

A)Dr. Raguram rajan
B)Dr. Narasimha rao
C)Dr. Ranga rajan
D)D. Subbarao

Question 7

The initial share capital of NHB

A)100 crore
B)200 crore
C)50 crore
D)150 crore

Question 8

All SFC'S is depends upon the rules and regulations of

A)State Govt
B)WTO
C)IDBI
D)Central Govt

Question 9

The first SFC was established in

A)Gujarat
B)Punjab
C)Haryana
D)Uttar pradesh

Question 10

The SFC act is applicable to all except

A)Sikkim
B)Punjab
C)Haryana
D)None of these

Question 11

-------was incorporated under SFC act 1951

A)KFC
B)SFC
C)IDFC
D)UTI

Question 12

The head quarters of KFC is situated at

A)Malappuram
B)Calicut
C)Thiruvanathapuram
D)Ernakulum

Question 13

The UTI was setup under an act of parliament in

A)1962
B)1963
C)1964
D)1965

Question 14

Advantages of mutual funds include

A)Liquidity
B)Safety
C)The diversification penalty
D)A & B

Question 15

-----is one that is available for subscription all through the year

A)Open ended funds
B)Close ended funds
C)Stock fund
D)Bond fund

Question 16

---------is invest in shorter securities such as treasury bills

A)Bond fund
B)Money market funds
C)Stock fund
D)Equity funds

Question 17

Commercial paper does not includes

A)Direct papers
B)Medium term note
C)Master note
D)Participation certificate

Question 18

The main source of guarantee in India are

A)Personal guarantee
B)Govt guarantee
C)Institutional guarantee
D)All of these

Question 19

Features of money market does not include

A)Security price formation
B)Presence of bills market
C)Ample supply of funds
D)Existence of central bank

Question 20

An individual or private firm receiving deposits and dealing in Hundies or lending money is called

A)Money lenders
B)Indigenous bankers
C)Organized bankers
D)All of these

Question 21

---------is the bankers bank

A)Commercial bank
B)RBI
C)World bank
D)IMF

Question 22

Every scheduled bank is required to maintain a fixed percent of their time and demand deposit as

A)SLR
B)Bank rate
C)CRR
D)REPO

Question 23

If a company issues additional securities, first it is offered to existing share holders, it is known as

A)Preferential right
B)Right issue
C)Private placement
D)Underwriting

Question 24

Methods of floating capital from the primary markets are

A)IPO
B)Public issue
C)New fund offer
D)All the above

Question 25

----------Is financing that investors provide to startup companies that are believed to have long term growth potential

A)Debentures
B)Venture capital
C)Equity share capital
D)Preference share capital

Question 26

In factoring business sells its accounts receivable to a third party at a

A)Discount
B)Profit
C)Premium
D)None of these

Question 27

a bank that offers service to general public and to companies is called

A)Reserve Bank
B)Commercial bank
C)Savings bank
D)All of these