Financial Institutions & Banking -Solved Assignment-001 (20 Papers)

www.oqp.inSCDL- PGDBA- III Semester (Finance)

FINANCIAL INSTITUTIONS & BANKING - Paper Code -132

SCDL SOLVED ASSIGNMENTS – FINANCIAL INSTITUTIONS & BANKING

LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank

Question The Shipping Credit and Investment Company of India Ltd. haschanged its name to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdMultiple Choice Multiple AnswerQuestion IFC provides financial assistance :-Correct Answer Through loans , Through purchase of shares , For economicdevelopmentYour Answer Largely as aid , Through loansSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Six months or lessMultiple Choice Multiple AnswerQuestion From time to time RBI has issued :-Correct Answer Straight coupon bonds , Inflation linked bonds , Zero couponbondsYour Answer Straight coupon bonds , Inflation linked bonds , Zero couponbondsMultiple Choice Multiple AnswerQuestion R B I issues currency notes against the security of:-Correct Answer Gold bullion , Foreign securities , GOI securitiesYour Answer Gold bullion , Foreign securities , GOI securitiesMultiple Choice Single AnswerQuestion The type of banking involving a small number of LargeCustomers viz.Corporates & multinationals is :-Correct Answer Wholesale BankingYour Answer Wholesale BankingTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The ________ are buy and hold investors and almost nevertrade on their investments.Correct Answer Provident FundsYour Answer Mutual FundsMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from theobligation to contribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy ,Assigning it in the open marketYour Answer Surrendering the policy , Converting it into paid up policy ,

1 For more solved assignments, Assignment and project help – visit – www.oqp.in or www.onlinequestionpapers.com

http://www.oqp.in/

http://www.onlinequestionpapers.com/



Assigning it in the open marketMultiple Choice Multiple AnswerQuestion IDA lends to poor countries : -Correct Answer By lending at 0% interest. , For periods up to ten years , Byborrowing from IBRDYour Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Single AnswerQuestion Treasury bills are issued by :-Correct Answer RBIYour Answer RBITrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueTrue/FalseQuestion No TDS is deducted on Interest paid on CDs.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companyMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsYour Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holderis contained in :-Correct Answer SGL pass bookYour Answer SGL pass bookMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion SIDCs & SIICs are under the control of :-Correct Answer State GovernmentsYour Answer State GovernmentsTrue/FalseQuestion PFC has been persuading State Governments restructuring of


http://www.oqp.in/




their power sector to make them viable.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerAdvances Loans/cash credits Loans/cash creditsCash withdrawal facility ATM ATMRemittances MT/DD/TT/EFT MT/DD/TT/EFTGovernment business Collection of taxes Collection of taxesSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedSelect The BlankQuestion The CRAFICARD recommended the establishment of________.Correct Answer NABARDYour Answer NABARDMultiple Choice Multiple AnswerQuestion The objective NEF Scheme of SIDBI is to provide equity supportto :-Correct Answer New Units in tiny Sector , New Units in Small Sector , Existingunits in tiny & small scale sectorYour Answer New Units in tiny Sector , New Units in Small Sector , Existingunits in tiny & small scale sectorMultiple Choice Single AnswerQuestion Which of the following institution was set up as a subsidy of RBIin 1964?Correct Answer IDBIYour Answer IDBISelect The BlankQuestion Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesMultiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Companies Act, 1956Multiple Choice Single AnswerQuestion Which one of the following is not a deposit account?Correct Answer Cash Credit accountYour Answer Cash CertificateTrue/FalseQuestion CP is a usance promissory note hence it can be negotiated byendorsement & delivery.Correct Answer TrueYour Answer FalseSelect The BlankQuestion The ________ meet the long and medium term credit needs ofagriculture.Correct Answer Land Development BanksYour Answer Regional Rural BanksMultiple Choice Single AnswerQuestion Zero Coupon Bonds are issued at a :-


http://www.oqp.in/




Correct Answer Discount to face valueYour Answer Discount to face valueTrue/FalseQuestion NABARD provides Refinance for Marketing of Crops.Correct Answer TrueYour Answer FalseTrue/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion Soft Loan Scheme for modernization is provided by :-Correct Answer IFCI , ICICI , SIDBIYour Answer ICICITrue/FalseQuestion In case of T-Bills potential investors have to put in competitivebids.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financialinstitutionsIFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTITrue/FalseQuestion Non bank financial institutions undertake fund and non fundbased activities.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Instruments issued by DFIs and Banks carry :-Correct Answer Highest credit ratingsYour Answer Highest credit ratingsMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Amongst others, ICICI also provided long and medium termloans or equity finance.Correct Answer TrueYour Answer TrueSelect The BlankQuestion Interest on advances is generally calculated on ________products.Correct Answer DailyYour Answer FortnightlySelect The BlankQuestion The ________ has been accredited by RBI as a Primary Dealerin Governemt Securities.Correct Answer STCI


http://www.oqp.in/




Your Answer GICSelect The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDRYour Answer SDRMultiple Choice Single AnswerQuestion Development Financial Institutions provide finance to the needyCorrect Answer Corporates & govt. institutionsYour Answer Corporates & govt. institutionsLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Refinance , Rediscounting of Bills , Financial support to SSIDCTrue/FalseQuestion NABARD does not provide Refinance for stocking & distributionof Chemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion Which of the following services is not provided by Commercialbanks?Correct Answer Deposit InsuranceYour Answer Deposit InsuranceMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer IFCISelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govtand Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion A Cheque is a Negotiable Instrument.Correct Answer TrueYour Answer TrueTrue/FalseQuestion State loans are much less liquid than GOI Securities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesTrue/FalseQuestion Development financial institutions primarily lend to Agriculturesector.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks do not invest in the GOI securities .


http://www.oqp.in/




Correct Answer FalseYour Answer FalseSelect The BlankQuestion NABARDs Criteria for Refinance covers Technical ________ ofthe project.Correct Answer FeasibilityYour Answer FeasibilityTrue/FalseQuestion IMF discourages excessive use of its resources by imposing asurcharge on large loans.Correct Answer TrueYour Answer TrueSelect The BlankQuestion As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0Select The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsMultiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittances comprise of:-Correct Answer Donations/Charity , Payments of Salaries , Payments of RoyaltyYour Answer Donations/Charity , Payments of RoyaltyMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerMultiple Choice Single AnswerQuestion A major part of the credit of SFCs went to :-Correct Answer SSI unitsYour Answer SSI unitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICITrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueSelect The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upSelect The BlankQuestion The term ________ refers to the act of a bank extending financeto the seller against a letter of credit.


http://www.oqp.in/




Correct Answer NegotiationYour Answer NegotiationTrue/FalseQuestion Under MIGA the World bank offers various forms of PoliticalInsurance.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The loans under________ are based on Poverty ReductionStrategy Paper.Correct Answer PRGFYour Answer PRGFMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Marine insurance , Fire insurance , MiscellaneousMultiple Choice Single AnswerQuestion FIs can be classified into two categories depending on the basisof incorporation and :-Correct Answer OperationYour Answer SizeMultiple Choice Multiple AnswerQuestion The main objective of ICICI was :-Correct Answer To augment export finance in India , To channelise WorldBank's funds to industries in India , To help in building up aCapital Market in IndiaYour Answer To augment export finance in India , To help in building up aCapital Market in India , To aid Rural Development in IndiaMultiple Choice Single AnswerQuestion SIDCs & SIICs give loans ,guarantees & : -Correct Answer Lease financeYour Answer Lease financeMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer BusinessTrue/FalseQuestion Gramin banks are State Owned Banks.Correct Answer TrueYour Answer FalseTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FalseYour Answer TrueMultiple Choice Single Answer


http://www.oqp.in/




Question Corporate Debentures are :-Correct Answer Long term debt instrumentsYour Answer Long term debt instrumentsMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerLargest borrower in theworldIBRD IBRDInternational MonetaryCooperationIMF IMFPrevention of crises CCL CCLPolitical insurance MIGA MIGAMultiple Choice Single AnswerQuestion The apex institution in the field of Industrial Development is :-Correct Answer IDBIYour Answer IDBIMultiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year:-Correct Answer 1965Your Answer 1965Select The BlankQuestion Development financial institutions have been established tocater to ________ of the industrial sector.Correct Answer Long term financial needsYour Answer Long term financial needsSelect The BlankQuestion The ________ was set up to help corrections in BOPmaladjustments.Correct Answer IMFYour Answer UNOMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grant loans/advancesYour Answer Control on branches , Grant loans/advances , Pay interest ondepositsMultiple Choice Single AnswerQuestion IDBI introduced Automatic Refinance Scheme in the year :-Correct Answer 1978Your Answer 1975Select The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer EXIM bank


http://www.oqp.in/




Multiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMatch The FollowingQuestion Correct Answer Your AnswerAquaculture ,BrackishWaterFisheries FisheriesPloughing, weeding,transplantationSeasonal AgriculturalOperationsIrrigation & DrainageMarket Yards, Storage &WarehousingAgricultural Marketing Agricultural MarketingHill ,Tribal AreadevelopmentArea Development Area DevelopmentMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables membercountries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsLIST OF ATTEMPTED QUESTIONS AND ANSWERSTrue/FalseQuestion NABARD provides short term refinance for procurementactivities also.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances , Travellers'ChequesYour Answer Credit Card Business , International remittances , Travellers'ChequesTrue/FalseQuestion HDFC was set up by NHB.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion IMF articles were amended in 1978 to legalise the :-Correct Answer Floating exchange ratesYour Answer Special drawing rightsSelect The BlankQuestion Syndication involves ________ sanction.Correct Answer In principleYour Answer In principleMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksMatch The Following


http://www.oqp.in/




Question Correct Answer Your AnswerCRR Primary reserverequirementPrevention of speculativehoarding inBankers Bank Controlling the reserves ofcommercial banksControlling the reserves ofcommercial banksExchange control FEMA FEMAOMO Government securities Secondary reserverequirementMultiple Choice Multiple AnswerQuestion The prominent Bond issuing PSU are :-Correct Answer MTNL , NTPC , SAILYour Answer MTNL , NTPC , SAILSelect The BlankQuestion The Premium of ________ is obtained through obligatoryreinsurance premium.Correct Answer GICYour Answer GICSelect The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.Your Answer NIICO Ltd.Multiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMatch The FollowingQuestion Correct Answer Your AnswerMoney MarketInstrumentsCP, T- Bills CP, T- BillsNegotaible Instruments Bills of exchange,ChequesBills of exchange,ChequesGOI securities ZCB, ILBonds ZCB, ILBondsLong Term DebtinstrumentsPSU Bonds PSU BondsSelect The BlankQuestion NABARD took over the functions of ACD, RPCC of RBI &________.Correct Answer ARDCYour Answer ARDCSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestTrue/FalseQuestion Banks lend to corporates directly.Correct Answer True


http://www.oqp.in/




Your Answer TrueTrue/FalseQuestion Banks authorised to deal in foreign exchange are known asAuthorised Dealers.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Under open market operation RBI conducts buying /sellingshares/debentures of blue chip companies.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion Initial Quantum of resources of IMF were contributed bymembers according to :-Correct Answer Quotas fixed for membersYour Answer Quotas fixed for membersMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBIMultiple Choice Multiple AnswerQuestion ECGC Board comprises of Directors representing :-Correct Answer Government , Banking/Insurance , Trade/IndustryYour Answer GovernmentMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holderis contained in :-Correct Answer SGL pass bookYour Answer SGL pass bookMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a dailybasis in branch?Correct Answer Cash Book , Trial Balance , P/L statementYour Answer Cash Book , Trial Balance , P/L statementMultiple Choice Single AnswerQuestion Size of the Quota depended upon :-Correct Answer GNPYour Answer GNPMultiple Choice Multiple AnswerQuestion DICGC does not insure the deposits :-Correct Answer Of foreign Governments , Of State Cooperative Banks , Of theCentral GovernmentYour Answer Of foreign Governments , Of State Cooperative Banks , Of theCentral GovernmentSelect The BlankQuestion Financial markets are the centres that provide facilities forbuying and selling of ________.Correct Answer Financial claims and servicesYour Answer Goods and servicesMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Regional /Sectoral planning , Benchmark Surveys , PrefeasibilitystudiesYour Answer Pre-feasibility studies , Regional /Sectoral planning , Benchmark


http://www.oqp.in/




SurveysSelect The BlankQuestion In a Bank, the investment decisions are taken at ________level.Correct Answer Head OfficeYour Answer Head OfficeTrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion IRBI was set up with a focus on :-Correct Answer Sick UnitsYour Answer Sick UnitsMultiple Choice Single AnswerQuestion SFCs suffer from a very high ratio of: -Correct Answer OverduesYour Answer OverduesMultiple Choice Multiple AnswerQuestion Functions of NIDHIs include :-Correct Answer Accepting Deposits , Granting loans , Encourage thriftYour Answer Accepting Deposits , Granting loans , SpeculationMultiple Choice Multiple AnswerQuestion R B I conducts monetary control by way of O M O in :-Correct Answer Treasury bills , State /central Government SecuritiesYour Answer Treasury bills , State /central Government SecuritiesMultiple Choice Single AnswerQuestion The foreign currency account maintained by an authoriseddealer with its correspondent abroad is :-Correct Answer Nostro AccountYour Answer Nostro AccountSelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Bulk investmentSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyerwithout the seller's consent.Correct Answer IrrevocableYour Answer IrrevocableMultiple Choice Single AnswerQuestion The primary sources of IMF resources are :-Correct Answer QuotasYour Answer QuotasMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion The first long term industrial financing corporation set up in thecountry was :-Correct Answer IFCIYour Answer IFCISelect The Blank


http://www.oqp.in/




Question The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion One of the leading All India FI is :-Correct Answer SIDBIYour Answer LICTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer TrueTrue/FalseQuestion The overdraft facility is also known as Cash credit facility.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Grantinglines of CreditYour Answer Handling foreign currency , Handling Doc. credits , Grantinglines of CreditTrue/FalseQuestion The currency notes issued by RBI are legal tender everywherein India without any limit.Correct Answer TrueYour Answer FalseMultiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings of thepublic due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Low returns , Wide network , Saftey of fundsMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to executeinfrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN NigamLtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN NigamLtdLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Benchmark Surveys , Pre-feasibility studies , Regional/Sectoral planningYour Answer Benchmark Surveys , Pre-feasibility studies , Regional/Sectoral planningMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Grantinglines of Credit


http://www.oqp.in/




Your Answer Handling foreign currency , Handling Doc. credits , Grantinglines of CreditSelect The BlankQuestion The ________ is the apex institution in the field of foreigntrade in India.Correct Answer EXIM bankYour Answer FEDAITrue/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer TrueTrue/FalseQuestion NABARD does not provide Refinance for stocking &distribution of Chemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer FalseMatch The FollowingQuestion Correct Answer Your AnswerInsurance of allemployees of a FirmGroup Insurance Group InsurancePremium Throughout Life Whole Life Whole LifeFixed Period Insurance Endowment EndowmentInsurance of oceanCargoMarine Insurance Marine InsuranceSelect The BlankQuestion DFIs are the second largest issuer of ________ after theGovt and Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion Mortgage Loans are loans against property.Correct Answer TrueYour Answer TrueSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyerwithout the seller's consent.Correct Answer IrrevocableYour Answer RevocableMultiple Choice Single AnswerQuestion Liabilities of Insurance Cos are mostly :-Correct Answer Long termYour Answer Long termSelect The Blank


http://www.oqp.in/




Question As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0.05Multiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in theyear :-Correct Answer 1965Your Answer 1975Multiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Banking Regulation Act,1949Multiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The first development Bank of India, established in 1948 was:-Correct Answer IFCIYour Answer IFCITrue/FalseQuestion Non bank financial institutions undertake fund and non fundbased activities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for:-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.Your Answer NIICO Ltd.Multiple Choice Single AnswerQuestion IRBI was set up with a focus on :-Correct Answer Sick UnitsYour Answer Sick UnitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over three yearsMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a daily


http://www.oqp.in/




basis in branch?Correct Answer Cash Book , Trial Balance , P/L statementYour Answer Audited Balance Sheet , Trial Balance , P/L statementTrue/FalseQuestion Banks lend to corporates directly.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion Treasury Bills are issued by the :-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion Account where lump sum investment is made for specificperiod is :-Correct Answer Term Deposit accountYour Answer Term Deposit accountMultiple Choice Single AnswerQuestion The apex institution in the field of foreign trade in India is :-Correct Answer EXIM BankYour Answer EXIM BankMultiple Choice Multiple AnswerQuestion Basic Life insurance policies include :-Correct Answer Term insurance , Annuity contracts , Pension plansYour Answer Term insurance , Annuity contracts , Pension plansSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICIMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Lease or hire purchase finance , Consultancy & managerialservices , Rural credit activitiesSelect The BlankQuestion Syndication of Loans Globally does not involve any funds asit is ________ activity.Correct Answer Non-fund basedYour Answer Non-fund basedMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companySelect The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDRYour Answer EFFMultiple Choice Multiple Answer


http://www.oqp.in/




Question SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMultiple Choice Single AnswerQuestion The type of banking involving a small number of LargeCustomers viz.Corporates & multinationals is :-Correct Answer Wholesale BankingYour Answer Global BankingSelect The BlankQuestion The extent of powers enjoyed by a branch depends on thesize of its ________.Correct Answer BusinessYour Answer BusinessMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerInter Bank Call MoneyMarketsBRs, Call MoneyReceiptsCurrenciesMoney MarketInstumentsCP, CD ,T- Bills CP, CD ,T- BillsCapital MarketInstrumentsShares SharesDebt Market Instruments GOI Securities ,Bonds SharesSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& lowincome groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsTrue/FalseQuestion Banks authorised to deal in foreign exchange are known asAuthorised Dealers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enablesmember countries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsSelect The BlankQuestion The repayment holiday period is also known as ________period.Correct Answer MoratoriumYour Answer MoratoriumMultiple Choice Single AnswerQuestion A non-scheduled bank does not deal in :-Correct Answer Foreign Exchange


http://www.oqp.in/




Your Answer Foreign ExchangeMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsYour Answer Foreign Investors(FIIs) , Corporate Treasuries , Public sectorCompaniesLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Refinance , Rediscounting of Bills , Financial support to SSIDCTrue/FalseQuestion NABARD does not provide Refinance for stocking & distributionof Chemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion Which of the following services is not provided by Commercialbanks?Correct Answer Deposit InsuranceYour Answer Deposit InsuranceMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer IFCISelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govtand Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion A Cheque is a Negotiable Instrument.Correct Answer TrueYour Answer TrueTrue/FalseQuestion State loans are much less liquid than GOI Securities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesTrue/FalseQuestion Development financial institutions primarily lend to Agriculturesector.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks do not invest in the GOI securities .Correct Answer FalseYour Answer FalseSelect The Blank


http://www.oqp.in/




Question NABARDs Criteria for Refinance covers Technical ________ ofthe project.Correct Answer FeasibilityYour Answer FeasibilityTrue/FalseQuestion IMF discourages excessive use of its resources by imposing asurcharge on large loans.Correct Answer TrueYour Answer TrueSelect The BlankQuestion As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0Select The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsMultiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittances comprise of:-Correct Answer Donations/Charity , Payments of Salaries , Payments of RoyaltyYour Answer Donations/Charity , Payments of RoyaltyMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerMultiple Choice Single AnswerQuestion A major part of the credit of SFCs went to :-Correct Answer SSI unitsYour Answer SSI unitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICITrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueSelect The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upSelect The BlankQuestion The term ________ refers to the act of a bank extending financeto the seller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationTrue/False


http://www.oqp.in/




Question Under MIGA the World bank offers various forms of PoliticalInsurance.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The loans under________ are based on Poverty ReductionStrategy Paper.Correct Answer PRGFYour Answer PRGFMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Marine insurance , Fire insurance , MiscellaneousMultiple Choice Single AnswerQuestion FIs can be classified into two categories depending on the basisof incorporation and :-Correct Answer OperationYour Answer SizeMultiple Choice Multiple AnswerQuestion The main objective of ICICI was :-Correct Answer To augment export finance in India , To channelise WorldBank's funds to industries in India , To help in building up aCapital Market in IndiaYour Answer To augment export finance in India , To help in building up aCapital Market in India , To aid Rural Development in IndiaMultiple Choice Single AnswerQuestion SIDCs & SIICs give loans ,guarantees & :-Correct Answer Lease financeYour Answer Lease financeMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer BusinessTrue/FalseQuestion Gramin banks are State Owned Banks.Correct Answer TrueYour Answer FalseTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion Corporate Debentures are :-Correct Answer Long term debt instrumentsYour Answer Long term debt instruments


http://www.oqp.in/




Multiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerLargest borrower in theworldIBRD IBRDInternational MonetaryCooperationIMF IMFPrevention of crises CCL CCLPolitical insurance MIGA MIGAMultiple Choice Single AnswerQuestion The apex institution in the field of Industrial Development is :-Correct Answer IDBIYour Answer IDBIMultiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year:-Correct Answer 1965Your Answer 1965Select The BlankQuestion Development financial institutions have been established tocater to ________ of the industrial sector.Correct Answer Long term financial needsYour Answer Long term financial needsSelect The BlankQuestion The ________ was set up to help corrections in BOPmaladjustments.Correct Answer IMFYour Answer UNOMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grant loans/advancesYour Answer Control on branches , Grant loans/advances , Pay interest ondepositsMultiple Choice Single AnswerQuestion IDBI introduced Automatic Refinance Scheme in the year :-Correct Answer 1978Your Answer 1975Select The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firms


http://www.oqp.in/




Your Answer Corporates , Partnerships , Proprietary firmsMatch The FollowingQuestion Correct Answer Your AnswerAquaculture ,BrackishWaterFisheries FisheriesPloughing, weeding,transplantationSeasonal AgriculturalOperationsIrrigation & DrainageMarket Yards, Storage &WarehousingAgricultural Marketing Agricultural MarketingHill ,Tribal AreadevelopmentArea Development Area DevelopmentMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables membercountries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Benchmark Surveys , Pre-feasibility studies , Regional /Sectoral planningYour Answer Benchmark Surveys , Pre-feasibility studies , Regional /Sectoral planningMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Granting lines of CreditYour Answer Handling foreign currency , Handling Doc. credits , Granting lines of CreditSelect The BlankQuestion The ________ is the apex institution in the field of foreign trade in India.Correct Answer EXIM bankYour Answer FEDAITrue/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer TrueTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution ofChemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer FalseMatch The Following


http://www.oqp.in/




Question Correct Answer Your AnswerInsurance of all employees ofa FirmGroup Insurance Group InsurancePremium Throughout Life Whole Life Whole LifeFixed Period Insurance Endowment EndowmentInsurance of ocean Cargo Marine Insurance Marine InsuranceSelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govt andSovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion Mortgage Loans are loans against property.Correct Answer TrueYour Answer TrueSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyer without theseller's consent.Correct Answer IrrevocableYour Answer RevocableMultiple Choice Single AnswerQuestion Liabilities of Insurance Cos are mostly :-Correct Answer Long termYour Answer Long termSelect The BlankQuestion As a banker to the Government, RBI accepts Government deposits at________% interest.Correct Answer 0Your Answer 0.05Multiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year :-Correct Answer 1965Your Answer 1975Multiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Banking Regulation Act,1949Multiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The first development Bank of India, established in 1948 was :-Correct Answer IFCIYour Answer IFCITrue/FalseQuestion Non bank financial institutions undertake fund and non fund basedactivities.Correct Answer True


http://www.oqp.in/




Your Answer TrueMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.Your Answer NIICO Ltd.Multiple Choice Single AnswerQuestion IRBI was set up with a focus on :-Correct Answer Sick UnitsYour Answer Sick UnitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over three yearsMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a daily basis inbranch?Correct Answer Cash Book , Trial Balance , P/L statementYour Answer Audited Balance Sheet , Trial Balance , P/L statementTrue/FalseQuestion Banks lend to corporates directly.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Small Savings are source of Capital Receipts for the Government.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion Treasury Bills are issued by the :-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion Account where lump sum investment is made for specific period is :-Correct Answer Term Deposit accountYour Answer Term Deposit accountMultiple Choice Single AnswerQuestion The apex institution in the field of foreign trade in India is :-Correct Answer EXIM BankYour Answer EXIM BankMultiple Choice Multiple AnswerQuestion Basic Life insurance policies include :-Correct Answer Term insurance , Annuity contracts , Pension plansYour Answer Term insurance , Annuity contracts , Pension plansSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme for modernisationis also undertaken by IDBI.Correct Answer ICICI


http://www.oqp.in/




Your Answer ICICIMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance , Consultancy& managerial servicesYour Answer Lease or hire purchase finance , Consultancy & managerial services ,Rural credit activitiesSelect The BlankQuestion Syndication of Loans Globally does not involve any funds as it is ________activity.Correct Answer Non-fund basedYour Answer Non-fund basedMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companySelect The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDRYour Answer EFFMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMultiple Choice Single AnswerQuestion The type of banking involving a small number of Large Customersviz.Corporates & multinationals is :-Correct Answer Wholesale BankingYour Answer Global BankingSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the size of its________.Correct Answer BusinessYour Answer BusinessMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerInter Bank Call MoneyMarketsBRs, Call Money Receipts CurrenciesMoney Market Instuments CP, CD ,T- Bills CP, CD ,T- BillsCapital Market Instruments Shares SharesDebt Market Instruments GOI Securities ,Bonds SharesSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsTrue/FalseQuestion Banks authorised to deal in foreign exchange are known as AuthorisedDealers.


http://www.oqp.in/




Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables member countries to:-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsSelect The BlankQuestion The repayment holiday period is also known as ________ period.Correct Answer MoratoriumYour Answer MoratoriumMultiple Choice Single AnswerQuestion A non-scheduled bank does not deal in :-Correct Answer Foreign ExchangeYour Answer Foreign ExchangeMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsYour Answer Foreign Investors(FIIs) , Corporate Treasuries , Public sector CompaniesLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. haschanged its name to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdMultiple Choice Multiple AnswerQuestion IFC provides financial assistance :-Correct Answer Through loans , Through purchase of shares , For economicdevelopmentYour Answer Largely as aid , Through loansSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Six months or lessMultiple Choice Multiple AnswerQuestion From time to time RBI has issued :-Correct Answer Straight coupon bonds , Inflation linked bonds , Zero couponbondsYour Answer Straight coupon bonds , Inflation linked bonds , Zero couponbondsMultiple Choice Multiple AnswerQuestion R B I issues currency notes against the security of:-Correct Answer Gold bullion , Foreign securities , GOI securitiesYour Answer Gold bullion , Foreign securities , GOI securitiesMultiple Choice Single AnswerQuestion The type of banking involving a small number of LargeCustomers viz.Corporates & multinationals is :-Correct Answer Wholesale BankingYour Answer Wholesale BankingTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer True


http://www.oqp.in/




Select The BlankQuestion The ________ are buy and hold investors and almost nevertrade on their investments.Correct Answer Provident FundsYour Answer Mutual FundsMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from theobligation to contribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy ,Assigning it in the open marketYour Answer Surrendering the policy , Converting it into paid up policy ,Assigning it in the open marketMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By lending at 0% interest. , For periods up to ten years , Byborrowing from IBRDYour Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Single AnswerQuestion Treasury bills are issued by :-Correct Answer RBIYour Answer RBITrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueTrue/FalseQuestion No TDS is deducted on Interest paid on CDs.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companyMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsYour Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual Funds


http://www.oqp.in/




Multiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holderis contained in :-Correct Answer SGL pass bookYour Answer SGL pass bookMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion SIDCs & SIICs are under the control of :-Correct Answer State GovernmentsYour Answer State GovernmentsTrue/FalseQuestion PFC has been persuading State Governments restructuring oftheir power sector to make them viable.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerAdvances Loans/cash credits Loans/cash creditsCash withdrawal facility ATM ATMRemittances MT/DD/TT/EFT MT/DD/TT/EFTGovernment business Collection of taxes Collection of taxesSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedSelect The BlankQuestion The CRAFICARD recommended the establishment of________.Correct Answer NABARDYour Answer NABARDMultiple Choice Multiple AnswerQuestion The objective NEF Scheme of SIDBI is to provide equity supportto :-Correct Answer New Units in tiny Sector , New Units in Small Sector , Existingunits in tiny & small scale sectorYour Answer New Units in tiny Sector , New Units in Small Sector , Existingunits in tiny & small scale sectorMultiple Choice Single AnswerQuestion Which of the following institution was set up as a subsidy of RBIin 1964?Correct Answer IDBIYour Answer IDBISelect The BlankQuestion Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesMultiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Companies Act, 1956Multiple Choice Single Answer


http://www.oqp.in/




Question Which one of the following is not a deposit account?Correct Answer Cash Credit accountYour Answer Cash CertificateTrue/FalseQuestion CP is a usance promissory note hence it can be negotiated byendorsement & delivery.Correct Answer TrueYour Answer FalseSelect The BlankQuestion The ________ meet the long and medium term credit needs ofagriculture.Correct Answer Land Development BanksYour Answer Regional Rural BanksMultiple Choice Single AnswerQuestion Zero Coupon Bonds are issued at a :-Correct Answer Discount to face valueYour Answer Discount to face valueTrue/FalseQuestion NABARD provides Refinance for Marketing of Crops.Correct Answer TrueYour Answer FalseTrue/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion Soft Loan Scheme for modernisation is provided by :-Correct Answer IFCI , ICICI , SIDBIYour Answer ICICITrue/FalseQuestion In case of T-Bills potential investors have to put in competitivebids.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financialinstitutionsIFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTITrue/FalseQuestion Non bank financial institutions undertake fund and non fundbased activities.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Instruments issued by DFIs and Banks carry :-Correct Answer Highest credit ratingsYour Answer Highest credit ratingsMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDF


http://www.oqp.in/




Your Answer SIDFTrue/FalseQuestion Amongst others, ICICI also provided long and medium termloans or equity finance.Correct Answer TrueYour Answer TrueSelect The BlankQuestion Interest on advances is generally calculated on ________products.Correct Answer DailyYour Answer FortnightlySelect The BlankQuestion The ________ has been accredited by RBI as a Primary Dealerin Governemt Securities.Correct Answer STCIYour Answer GICSelect The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDRYour Answer SDRMultiple Choice Single AnswerQuestion Development Financial Institutions provide finance to the needyCorrect Answer Corporates & govt. institutionsYour Answer Corporates & govt. institutionsLIST OF ATTEMPTED QUESTIONS AND ANSWERSTrue/FalseQuestion NABARD provides short term refinance for procurementactivities also.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances , Travellers'ChequesYour Answer Credit Card Business , International remittances , Travellers'ChequesTrue/FalseQuestion HDFC was set up by NHB.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion IMF articles were amended in 1978 to legalise the :-Correct Answer Floating exchange ratesYour Answer Special drawing rightsSelect The BlankQuestion Syndication involves ________ sanction.Correct Answer In principleYour Answer In principleMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksMatch The FollowingQuestion Correct Answer Your Answer


http://www.oqp.in/




CRR Primary reserverequirementPrevention of speculativehoarding inBankers Bank Controlling the reserves ofcommercial banksControlling the reserves ofcommercial banksExchange control FEMA FEMAOMO Government securities Secondary reserverequirementMultiple Choice Multiple AnswerQuestion The prominent Bond issuing PSU are :-Correct Answer MTNL , NTPC , SAILYour Answer MTNL , NTPC , SAILSelect The BlankQuestion The Premium of ________ is obtained through obligatoryreinsurance premium.Correct Answer GICYour Answer GICSelect The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.Your Answer NIICO Ltd.Multiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMatch The FollowingQuestion Correct Answer Your AnswerMoney MarketInstrumentsCP, T- Bills CP, T- BillsNegotaible Instruments Bills of exchange,ChequesBills of exchange,ChequesGOI securities ZCB, ILBonds ZCB, ILBondsLong Term DebtinstrumentsPSU Bonds PSU BondsSelect The BlankQuestion NABARD took over the functions of ACD, RPCC of RBI &________.Correct Answer ARDCYour Answer ARDCSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestTrue/FalseQuestion Banks lend to corporates directly.Correct Answer TrueYour Answer True


http://www.oqp.in/




True/FalseQuestion Banks authorised to deal in foreign exchange are known asAuthorised Dealers.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Under open market operation RBI conducts buying /sellingshares/debentures of blue chip companies.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion Initial Quantum of resources of IMF were contributed bymembers according to :-Correct Answer Quotas fixed for membersYour Answer Quotas fixed for membersMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBIMultiple Choice Multiple AnswerQuestion ECGC Board comprises of Directors representing :-Correct Answer Government , Banking/Insurance , Trade/IndustryYour Answer GovernmentMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holderis contained in :-Correct Answer SGL pass bookYour Answer SGL pass bookMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a dailybasis in branch?Correct Answer Cash Book , Trial Balance , P/L statementYour Answer Cash Book , Trial Balance , P/L statementMultiple Choice Single AnswerQuestion Size of the Quota depended upon :-Correct Answer GNPYour Answer GNPMultiple Choice Multiple AnswerQuestion DICGC does not insure the deposits :-Correct Answer Of foreign Governments , Of State Cooperative Banks , Of theCentral GovernmentYour Answer Of foreign Governments , Of State Cooperative Banks , Of theCentral GovernmentSelect The BlankQuestion Financial markets are the centres that provide facilities forbuying and selling of ________.Correct Answer Financial claims and servicesYour Answer Goods and servicesMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Regional /Sectoral planning , Benchmark Surveys , PrefeasibilitystudiesYour Answer Pre-feasibility studies , Regional /Sectoral planning , BenchmarkSurveys


http://www.oqp.in/




Select The BlankQuestion In a Bank, the investment decisions are taken at ________level.Correct Answer Head OfficeYour Answer Head OfficeTrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion IRBI was set up with a focus on :-Correct Answer Sick UnitsYour Answer Sick UnitsMultiple Choice Single AnswerQuestion SFCs suffer from a very high ratio of: -Correct Answer OverduesYour Answer OverduesMultiple Choice Multiple AnswerQuestion Functions of NIDHIs include :-Correct Answer Accepting Deposits , Granting loans , Encourage thriftYour Answer Accepting Deposits , Granting loans , SpeculationMultiple Choice Multiple AnswerQuestion R B I conducts monetary control by way of O M O in :-Correct Answer Treasury bills , State /central Government SecuritiesYour Answer Treasury bills , State /central Government SecuritiesMultiple Choice Single AnswerQuestion The foreign currency account maintained by an authoriseddealer with its correspondent abroad is :-Correct Answer Nostro AccountYour Answer Nostro AccountSelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Bulk investmentSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyerwithout the seller's consent.Correct Answer IrrevocableYour Answer IrrevocableMultiple Choice Single AnswerQuestion The primary sources of IMF resources are :-Correct Answer QuotasYour Answer QuotasMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion The first long term industrial financing corporation set up in thecountry was :-Correct Answer IFCIYour Answer IFCISelect The BlankQuestion The HDFC was set up in 1977 by the ________.


http://www.oqp.in/




Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion One of the leading All India FI is :-Correct Answer SIDBIYour Answer LICTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer TrueTrue/FalseQuestion The overdraft facility is also known as Cash credit facility.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Grantinglines of CreditYour Answer Handling foreign currency , Handling Doc. credits , Grantinglines of CreditTrue/FalseQuestion The currency notes issued by RBI are legal tender everywherein India without any limit.Correct Answer TrueYour Answer FalseMultiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings of thepublic due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Low returns , Wide network , Saftey of fundsMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to executeinfrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN NigamLtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN NigamLtdLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Refinance , Rediscounting of Bills , Financial support to SSIDCTrue/FalseQuestion NABARD does not provide Refinance for stocking & distributionof Chemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion Which of the following services is not provided by Commercial


http://www.oqp.in/




banks?Correct Answer Deposit InsuranceYour Answer Deposit InsuranceMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer IFCISelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govtand Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion A Cheque is a Negotiable Instrument.Correct Answer TrueYour Answer TrueTrue/FalseQuestion State loans are much less liquid than GOI Securities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesTrue/FalseQuestion Development financial institutions primarily lend to Agriculturesector.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks do not invest in the GOI securities .Correct Answer FalseYour Answer FalseSelect The BlankQuestion NABARDs Criteria for Refinance covers Technical ________ ofthe project.Correct Answer FeasibilityYour Answer FeasibilityTrue/FalseQuestion IMF discourages excessive use of its resources by imposing asurcharge on large loans.Correct Answer TrueYour Answer TrueSelect The BlankQuestion As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0Select The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned Savings


http://www.oqp.in/




Multiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittances comprise of:-Correct Answer Donations/Charity , Payments of Salaries , Payments of RoyaltyYour Answer Donations/Charity , Payments of RoyaltyMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerMultiple Choice Single AnswerQuestion A major part of the credit of SFCs went to :-Correct Answer SSI unitsYour Answer SSI unitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICITrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueSelect The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upSelect The BlankQuestion The term ________ refers to the act of a bank extending financeto the seller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationTrue/FalseQuestion Under MIGA the World bank offers various forms of PoliticalInsurance.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The loans under________ are based on Poverty ReductionStrategy Paper.Correct Answer PRGFYour Answer PRGFMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Marine insurance , Fire insurance , MiscellaneousMultiple Choice Single AnswerQuestion FIs can be classified into two categories depending on the basisof incorporation and :-Correct Answer OperationYour Answer Size


http://www.oqp.in/




Multiple Choice Multiple AnswerQuestion The main objective of ICICI was :-Correct Answer To augment export finance in India , To channelise WorldBank's funds to industries in India , To help in building up aCapital Market in IndiaYour Answer To augment export finance in India , To help in building up aCapital Market in India , To aid Rural Development in IndiaMultiple Choice Single AnswerQuestion SIDCs & SIICs give loans ,guarantees & : -Correct Answer Lease financeYour Answer Lease financeMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer BusinessTrue/FalseQuestion Gramin banks are State Owned Banks.Correct Answer TrueYour Answer FalseTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion Corporate Debentures are :-Correct Answer Long term debt instrumentsYour Answer Long term debt instrumentsMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerLargest borrower in theworldIBRD IBRDInternational MonetaryCooperationIMF IMFPrevention of crises CCL CCLPolitical insurance MIGA MIGAMultiple Choice Single AnswerQuestion The apex institution in the field of Industrial Development is :-Correct Answer IDBIYour Answer IDBI


http://www.oqp.in/




Multiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year:-Correct Answer 1965Your Answer 1965Select The BlankQuestion Development financial institutions have been established tocater to ________ of the industrial sector.Correct Answer Long term financial needsYour Answer Long term financial needsSelect The BlankQuestion The ________ was set up to help corrections in BOPmaladjustments.Correct Answer IMFYour Answer UNOMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grant loans/advancesYour Answer Control on branches , Grant loans/advances , Pay interest ondepositsMultiple Choice Single AnswerQuestion IDBI introduced Automatic Refinance Scheme in the year :-Correct Answer 1978Your Answer 1975Select The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMatch The FollowingQuestion Correct Answer Your AnswerAquaculture ,BrackishWaterFisheries FisheriesPloughing, weeding,transplantationSeasonal AgriculturalOperationsIrrigation & DrainageMarket Yards, Storage &WarehousingAgricultural Marketing Agricultural MarketingHill ,Tribal AreadevelopmentArea Development Area DevelopmentMultiple Choice Multiple Answer


http://www.oqp.in/




Question The financial Assistance provided by the IMF enables membercountries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housingsector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to tenyearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power sector tomake them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-


http://www.oqp.in/




Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestMatch The Following


http://www.oqp.in/




Question Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation to contributefurther premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketMultiple Choice Single AnswerQuestion The organised financial system includes :-


http://www.oqp.in/




Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller againsta letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housingsector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to tenyearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest cost


http://www.oqp.in/




True/FalseQuestion PFC has been persuading State Governments restructuring of their power sector tomake them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-


http://www.oqp.in/




Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer False


http://www.oqp.in/




True/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation to contributefurther premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller againsta letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed itsname to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs


http://www.oqp.in/




including ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market! is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for thehousing sector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods upto ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up toten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their powersector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well a!s:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-


http://www.oqp.in/




Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government reg! ulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple Answercan be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution ofChemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.&nbs! p; Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-


http://www.oqp.in/




Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer &n! bsp; Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is:-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-&n! bsp; Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer False


http://www.oqp.in/




True/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation tocontribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigningit in the open marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning itin the open marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the selleragainst a letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projectsare :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collected!Multiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple Answer


http://www.oqp.in/




Question Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationYahoo! for GoodClick here to donate to the Hurricane Katrina relief effort.YAHOO! GROUPS LINKSVisit your group "SCDL_PGDBA_Finance_2004" on the web.To unsubscribe from this group, send an email to:[email protected] use of Yahoo! Groups is subject to the Yahoo! Terms of Service.LIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housingsector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to tenyearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power sector tomake them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-


http://www.oqp.in/




Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single Answer


http://www.oqp.in/




Question Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple Answer


http://www.oqp.in/




Question In case of a Life policy it is possible to withdraw from the obligation to contributefurther premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller againsta letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationFinancial Institution and BankingTopic PageNoorganised sector 2financial services 2Indian financial system 3commercial banks 4development financial institutions 5insurance companies 5other public sector financial institutions 5post office savings 5mutual funds 5non banking finanical institutions 6Reserve bank of India 9functions of RBI 9banker to the government 10bankers bank 10supervising authority 10exchange control authority 10promoter of financial system 11fiscal and monetary policy 12open market operations 12developmental financial institutions 17industrial finance corporation of India 17Industrial development bank of india - idbi 18industrial credit and investment corporation of india Ltd - icici 19


http://www.oqp.in/




irbi 20sfcs 20sidc and siics 20state small industries development corporation (SSIDC) 21power finance corporation (PFC) 21financial services offered by the corporation 21term loans 21lease financing 22direct discounting of bills 22guarantee services 22loan syndication 22short term loan 22institutional development services 22utility development plans 23financial assistance for power sector studies 23reform and restructuring related studies 23reform and restructuring of SEBs 23OFAP 23export import bank of india 24national bank of agriculture and rural development 24genesis of NABARD 24ARC 24GOI 24ACD 24CRAFICARD 24types of refinance facilities 26interest rates 26production credits 28financing weavers 28OSAO 29refinance for marketing of crops 29other refinance facilities 30long term loans to state governments 30investment credit ( medium and long term) refinance 31shipping credit and investment company of India (SCICI) 33principal activities 33agricultural finance consultancy ltd (AFC) 34area of specialisation 36surveys and studies 38National co-operative development corporation (NCDC) 38finance and financing 39procedure of santion / disbursal of assistance 40promotional and development role 40marketing 40agricultural inputs 40agro-processing industries 41storage and cold storage 41program for weaker sections 41consumer business 41area based integrated co-operative development project 42national housing bank (NHB) 42housing and urban development corporation (HUDCO) 44housing development finance corporation (HDFC) 44land development banks 45banking sector 49retail banking 49cash credit 50safe custody services for safe keeping of important documents 50acceptance of deposits from non resident indians 51difference between retail banking and wholesale banking 51


http://www.oqp.in/




global banking 51scheduled bank in india 52commercial bank and cooperative bank 52public sector banks 52private sector banks 52bank accounts 53deposit account 53lump sum investment 54periodic investment 54cash credit 54loan syndication 54repayment period 54bill 55discount 55remittance 55letter of credit 55bank guarantee 56negotiation 56cash reserve ratio 56statutory reserve ratio 57note pertaining to reserve ratio 57clearing operation 57daily product basis 57monthly product basis 58repayment holiday 58credit instruments 59negotiable instruments 59acceptance 59credit report 59syndication 59custodial services 60security 60foreign exchange 60securitisation 60international banking 60international trade 61tourism 61remittance of funds from one place to another place besides tourism 61syndication of loans global for corporate houses 61foreign exchange management 62profile of a bank 62branch banking 62different layers of banking 62duties of an international banking department 63exchange operations 63administrative functions in a bank 63administrative units 64banking business 65Deposit insurance and credit guarantee corporation (DICGC) 66export credit guarantee corporation (ECGC) 67indian money market 73instrument 73comercial paper 74certificates of deposit 75treasury bills 75short term debentures 75bill of exchange 75long term debt instruments 76government of India dated securities (GOISEC) 76inflation linked bonds 77


http://www.oqp.in/




zero coupon bonds 77state government securities (state loans) 78public sector undertaking bonds (PSU Bonds) 78bonds of public financial institutions (PFI) 78corporate debentures 79Pass through certificates (PTC) 79issuers 79government of India and other sovereign bodies 80banks and development financial institutions 80public sector undertaking (PSU ) 81private sector companies 81government owned or quasi governement non corporate entities 82investors 82banks 83insurance companies 84provident funds 84mutual funds 86trusts 86corporate treasuries 87foreign institutional investors 87securities trading corporation of india (STCI) 88discount and finance house of india 88non banking financial intermediaries 93LIC 93general nature of insurance companies 93instroduction of Life Insurance corporations 93types and structure of insurance plans 94general insurance corporation 96unit trust of india 98provident / pension funds 99post offices 99Non bank financial companies (NBFC) 99investment companies 100loan companies 102chit funds 102NIDHIS 103hire purchase finance companies 104equipment leasing finance companies 104international monetary fund (IMF) 109quotas 109concessional and non concessional lending 113poverty reduction and growth facility (PRGF) 113stand by arrangments (SBA) 114extended fund facility (EFF) 114supplement reserve facility (SRF) 114contingent credit lines (CCL) 114compensatory financing facility (CFF) 114emergency assistance 114special drawing rights 114the international bank for reconstruction and development 115world bank 115international finance corporation 115international development assiciation (IDA) 116the bank for international settlements 116regional development agencies 116RBI 119non performing assets 120out of order status 121overdue 121income recognition 121


http://www.oqp.in/




reversal of income 122appropriation of recovery in NPA 122NPA 122sub standard Assets 123subtful assets 124loss assets 124account with temporary deficiancies 124upgradation of loan accounts classified as NPA 125account regularised near about the balance sheet date 125agricultural advances 126government guaranteed advances 128restructuring rescheduling of loans 128upgradation of restructured accounts 130corporate debt restructuring (CDR systems) 131CDR 131stand still clause 138category 2 CDR system 139projects under implementation 142assest classification 142income recognition 144provisioning 145availability of security / net worth of borrower / guarantor 145take-out finance 145post shipment supplier credit 145export project finance 146advances under rehabiliation approved by BIFR/TLI 146provisioning norms general 146sub standard Assets 148leased assets 148advances 150advances covered by CGTSI guarantee 151take-out finance 152reserve for exchange rate fluctuations account (RERFA) 152country risk 153securitisation company (SC) / reconstruction company (RC) 154writing off of NPA 155direct finance to farmers for agricultural purposes 156purchase of agricultural implements and machinery 156development of irrigation potential through 156lending to priority sector 158priority sector advances 161direct finance to farmers for agricultural purposes 161indirect finance to agriculture 163small scale and ancillary industries 166tiny enterprises 166small scale service and business enterprises(SSSBE) 166industrial estates 167KVI sector 167small road and water transport operators (SRWTO) 167retail trade 168small business 168professional and self emplyed persons 168state sponsored organisations for scheduled castes / scheduled tribes 169education 170housing 170compsumption loans 170loans to self help groups (SHG)/NGO/MICROEDIT 170food and agro based processing sector 171software industry 171venture capital 171


http://www.oqp.in/




investments in special bonds 173HUDCO 174NSIC 174NHB 174lines of credit 174bills rediscounting 175deposits in rural infrastructure development (RIDF) 175leasing and hire purchase 175targets for priority sector lending by scheduled commercial banks 177scheduled commercial banks excluding foreign banks 177direct / indirect agricultural lending 177small scale industries 178DRI advances 178Weaker sections 178Targets for foreign banks 178rural infrastructure developments fund (RIDF ) 180common guidelines for priority sector advances 183application forms 183mode of disbursement of loan 184repayment schedule 184rates of interest 184penal interest 185inspection charges 185insurance against fire and other risks 185other charges 186photographs of borrowers 186discretionary powers 186machinery to look into complants 186amendments 186Chapter – 1 : Overview of Financial markets Meaning and scopeFollowing groups; organized sector and unorganized sector ; financial servicesFinancial systems commercial banks ; development financial institutions ;insurance companies ; other public sector financial institutions ; post officesavings bank ; national bank for agriculture and rural development ; Mutualfunds ; non – banking financial institutions1 – 5Chapter – 2 Reserve bank of India – The main functions of RBI are ; Noteissuing authority ; banker to the Government ; Bankers’ Bank ; Supervisingauthority ; Exchange control Authority ; Promoter of Financial System ; Fiscaland Monetary policy ; open market operations ;9 – 12Chapter – 3 – Development Financial Institutions – Introduction ; IndustrialFinance Corporation of India ; Industrial development bank of India ;Industrial credit and investment corporation of India ltd., The purpose IRBI ;SFCs ; The SIDCs and SIICs ; Functions ; state small industries developmentcorporations (SSIDCs) Power Finance Corporation (PFC) Financial ServicesOffered by the Corporation ; Lease Financing – Direct Discounting of Bills;;Guarantee Services; Loan Syndication ; short term loan ;17 – 21Institutional Development ServicesActing as an instrument for ushering in reforms in the state utilities bothfinancial and technical ; utility development plans ; Financial Assistance forpower sector studies ; Reform & Restructuring related studies ; Reforms &Restructuring of SEBs ; Export import bank of India ; National Bank foragriculture and rural development ; Genesis of NABARD


http://www.oqp.in/




Types of refinance facilities ; interest rates ; production credits ; Otherrefinance facilities ; investment credit (Medium and long term) Refinance22 - 31Shipping credit and investment company of India (SCICI)Agricultural Finance Consultancy Ltd (AFC)Membership ; Organization ; Services ; Area of specialization ; surveys &studies ; crop production ; Forestry ; Irrigation & Drainage ; AgriculturalEngineering ; Horticulture & Plantation ; Fisheries ; Livestock & Dairy ;Agricultural & Livestock Marketing ; Agri-Business & Agro-Industries ; AreaDevelopment Planning ; Agricultural & Rural Credit ; Project Formulation &Appraisal ; Institution Building ;33 – 37Social Sector Development ; Remote Sensing Application & ResourcesManagement Centre ; Training & Manpower Development ; RuralInfrastructure ; Surveys and Studies ; National Co-operative DevelopmentCorporation (NCDC) ; Genesis ; Functions ; Organization and Management ;Finance and Financing ; Purposes for which assistance is provided ; Procedureof sanction / disbursal of assistance ; Promotional and development role ;Activities and program ; Marketing ; Agricultural inputs ; Agro- Processingindustries ; Sugar ; Spinning Mill ; Others ; Storage and Cold Storage ; Storage; Cold Storage ; Program for weaker sections ; Consumer business38 – 41Are based integrated co-operative development project ; National housing bank(NHB) Role and functions in Housing sector ; Role NHB; Housing and urbandevelopment corporation (HUDCO); Housing development financecorporation (HDFC) ; land development banks ;42 – 45Chapter - 4 – Banking Sector – What is bank and what is banking Extendingfinancial assistance to exports on soft terms ; safe custody services for safekeeping of important documents ; acceptance of deposits from non-residentIndians ; difference between retail banking and wholesale banking49 – 51What is a schedule bank in India ; What is the difference between acommercial bank and a co-operative bank ; different bank accounts – deposit ;deposit account without withdrawals facility – different categories ;52 – 53Different bank accounts – advances and loans ; cash credit loan ; repaymentperiod ; banking terms often used / common banking practices ; discount ;remittance ; letter of credit ; advantage ; Bank guarantee ; example of financialguarantee example of performance guarantee ; letters of credit and bankguarantees play a very important role in international banking statutoryReserve ratio ; Note pertaining to reserve ratio ; clearing operation ; dailyproduct basis ; repayment holiday54 – 58Credit instruments ; Negotiable instruments ; acceptance ; credit report ;syndication ; custodial service ; security ; foreign exchange ; securitization ;international banking internal trade tourism ; remittance of funds from oneplace to another place besides tourism / international trade ; Syndication ofloans globally for corporate houses ;


http://www.oqp.in/




59 -61Accessing international market for equity / borrowing in the form of ADR /GDR and Ero Bonds Etc., Foreign exchange management ; profile of a bankdifferent layers of banking operations in India in general ; what are the dutiesof an international banking department? Exchange operations administrativefunctions in a bank ; different administrative units in a bank62 – 63Typical functions of different administration units of a bank ; at the head officelevel ; banking business vs. other business ; deposit insurance and creditguarantee corporation (DICGC) ; Export credit guarantee corporation (ECGC)64 – 68Chapter – 5 Indian Money Market – Indian Money Market ; instruments ;Money market instruments ; commercial paper (CP) certificates of deposit(CD) ; Treasury Bills (T – Bills); long term debt instruments ; government ofIndia dated securities (GOISECs) ; New types of Goisecs ;73 – 77State government securities (State Loans) ; Public Sector Undertaking Bonds(PSU Bonds ) ; Bonds of public financial institutions (PFIs) Corporate78 - 83debentures ; Pass Through Certificates (PTSs) Issuers ; Government of Indiaand other sovereign bodies ; Banks and development financial instructions ;public sector undertaking (PSUs) private sector companies ; Governmentowned or quasi government non corporate entities ; investors ; banks ; banks ;Insurance companies ; provident funds ; Several factors have contributed to thegrowth of PFs in India ; Mutual funds ; trusts ; corporate treasuries ; foreigninstructional investors ; securities trading corporation of India ltd., (STCI) ;discount and finance house of India;84 – 89Chapter – 6 – Non Banking Financial intermediariesLIC ; General Nature of Insurance Companies ; Introduction of Life InsuranceCorporations ; Types and structure of insurance plans ; valuation of life policy; growth of life business and fund ; investment pattern and policy ; generalinsurance corporation ; organization ; types and structure of business; incomeand investment pattern93 - 97Unit trust of India and other mutual funds ; provident / pension funds; postoffices ; other non-bank financial companies’ (NBFCs) ; Investmentcompanies ;98-101Loans companies chit funds ; nidhis functions ; accepting deposits loan andadvances ; other aspects ; Hire – purchase finance companies ; functions ;installment – credit ; financing of purchase of equipment, vehicles etc. ;purchase of old assets ; consumer credit ; equipment leasing financecompanies;102 – 105Chapter – 7 ; International Financing agencies – International monetary Fund(IMF) ; Funding facilities ; Schemes of the IMF funding ; concessional andnon-concessional lending ; IMF Facilities ;109 – 113


http://www.oqp.in/




poverty reduction and growth facility ; stand – by arrangement ; extended fundfacility ; supplemental reserve facility ; contingent credit lines ; compensatoryfinancing facility ; emergency assistance ; special drawing rights ; theinternational bank for reconstruction and development ; international financecorporation ; 1956; international development association ; the bank forinternational settlements ; regional development agencies ; European bank forreconstruction and development;114 – 117Important regulatory instructions issued by the RBI ; contents ; general ;definitions ; non – performing assets ; year ending march 31 specified period ;out of order status ; overdue ; income recognition ; income recognitions ;income recognition – policy ; reversal of income this will apply to governmentguaranteed accounts also ; appropriation of recovery in NPAs ; interestapplication ; reporting of NPAs; Asset classification ; categories of NPAs ; sub– standard assets ; NPA for a period less than or equal to 18 months ;119 – 123Guidance note on asset classifications ; provisioning norms ; doubtful assetsloss assets ; guidelines for classification off assets ; accounts with temporarydeficiencies ; up gradation of loan accounts classified as NPAs ; Accountsregularized near about the balance sheet date ;124 – 125Asset classification to be borrower – wise and not facility wise ; ; advancesunder consortium arrangements ; record of recovery of the individual member;accounts where there is a erosion in the value of security ; advances to126-127PACs/FSS ceded to commercial banks ; advances against term deposits NSC’sKVP / IVP ; loans with moratorium for payment of interest ; agriculturaladvances;Government guaranteed advances ; restructuring of loans ; upgradation ofrestructured accounts; general ; corporate debt restructuring (CDR System)Background ; objective structure CDR system in the country will have a threetier structure ; cdr standing forum and its core group ; cdr empowered group ;cdr cell ;128- 134Other features ; eligibility criteria ; reference to CDR system ; legal basis ;stand – still clause ; additional finance ; exit option ; conversion option ;category 2 cdr system ; accounting treatment for restructured accounts ;135 – 140Disclosure ; implementation of the revised guidelines ; projects underimplementation ; asset classification ; category II ; category III ; incomerecognition ; provisioning ; availability of security / net worth of borrower /guarantor ; take – out finance ; post – shipment supplier’s credit141 – 145Export project finance ; advances under rehabilitation approved by BIFR / RLI; provisioning norms general ; loss assets ; doubtful assets ; period for whichthe advance has been considered as doubtful ; provisions requirement ;valuation of security for provisioning purposes ; sub-standard assets ; standardassets ; floating provisions ; provisions on leased assets sub – standard assets ;doubtful assets ; period age provisions loss assets ; loss assets ; guidelines for


http://www.oqp.in/




provisions under special circumstances ; government guaranteed advances146 – 149Advances granted under rehabilitation packages approved by BIFR / termlending institutions ; treatment of interest suspense account ; Advancescovered by ECG / DICGC guarantee ; advance covered by CGTSI guarantee ;Take out finance ; reserve for exchange rate fluctuations account (RERFA) ;Provisioning for country risk ; Risk category ; ECGC classification ;Provisioning requirement (per cent)150 – 153Provisioning norms for sale of financial assets to securitization company (SC) /Reconstruction company (RC) ; writing off of NPAsAnnexure – II Revelant extract of the list of direct agricultural advances fromthe Master Circular on lending to priority sector – RPCD. Plan.BC. 42A /01.09.01/ 2001-02 dated 11 November, 2002.154-156Direct Finance of farmers for Agricultural Purposes ; purchase of agriculturalimplements and machinery ; development of irrigation potential through ;reclamation and loan development schemes ; construction of farm buildingsand structure etc., ; construction and running of storage facilities ; productionand processing of hybrid seeds for crops ; payment of irrigation charges etc., ;other types of direct finance of farmers ; Lending to Priority Sector156 - 158Section – 1 – Classification of Priority Sector advances ; Agriculture ; directFinance to Framers for Agricultural Purposes ; Indirect Finance to agriculture ;small scale industries ; small scale and ancillary industries ;161 – 165Tiny Enterprises ; small scale service & Business Enterprises (SSSBE’s) ;Indirect finance in the small – scale industrial sector will include credit to ;industrial estates KVI Sector ; Other Activities / Borrowers in the Prioritysector ; Small road & Water Transport operators (SRWTO)166 - 167Retail trade – advances granted to small business ; professional & self –employed persons ; state sponsored organizations for scheduled castes /scheduled tribes168 – 169Education ; housing ; consumption loans ; loans to self – help groups (SHGs) /NGOs / Microcredit ; Food and agro – based processing sector ; softwareindustry ; venture capital170 – 171Section – II ; Certain Types of Funds deployment eligible as priority sectoradvances ; State Financial Corporations (SFCs) / State Industrial DevelopmentCorporations (SIDCs) ; Rural Electrification Corporation (REC) ; Nabard ;Small industries development Bank of India (SIDBI) ; the National industriescorporation ltd., (NSIC) ; National housing bank (NHB) ; Housing & Urbandevelopment corporation (HUDCO) ;173 - 174Other investments ; lines of credit ; bills rediscounting ; deposits in ruralinfracture development fund (RIDF) leasing and hire purchase174 – 175


http://www.oqp.in/




Section – III – Targets for priority sector lending by scheduled commercialbanks (excluding RRBs) ; Main Targets for all scheduled commercial banksexcluding foreign banks ; sub-targets for all scheduled commercial banksexcluding foreign banks ; Direct / Indirect Agricultura lending177Small scale industries ; DRI advances ; weaker sections ; Targets for foreignbanks ; deposit by foreign banks with SIDBI towards shortfall in priority sectorlending ; contribution by banks to rural infrastructure development fund(RIDF)178 – 181Section – IV – Common guidelines for priority sector advancesProcessing of applications ; completion of application forms ; issue ofacknowledgement of loan applications ; disposal of applications ; rejection ofproposals ; register of rejected applications ; mode of disbursement of loan ;repayment schedule ; rates of interest183 – 184Penal interest ; inspection charges ; insurance against fire and other risks ;banks may waive insurance of assets financed by bank credit in the followingcases;185Other charges ; Photographs borrowers; discretionary powers; machinery tolook into complaints ; amendments ; annexure I – general guidelines onpriority sector lending ; general guidelines on priority sector lending186 -189For its long term operations NABARD raises funds by :-a)b)c)d)Floating Bonds in openmarketDrawing from the CentralGovt.Drawing from National Ruralcredit FundsBorrowing from RRBsSecured Premium Notes areBonds.Most of the Indian PS Banks practice retail banking.TrueFalse1. Pure NBFI 1. REC2. Specialised NBFI 2. FFC3. Film Finance 3. HDFC4. Rural Electrification 4. Chit Funds5. UTI6. NICo Ltd.Marks : 226.facilitiesare for economies in transition.


http://www.oqp.in/




Legally speaking Pass Through Certificatesare and are tradeablefreely.EXIM Bank canraise resources by:-a)b)c)Issuing bondsBorrowing fromRBId) Borrowing fromInternationalFinancialInstitutionsBorrowing fromState Govt1. Gen.Insurance 1. LIC ofIndia Ltd2. Life Insurance 2. HDFC3. Mutual fund 3. PPF4. SmallSavings4. Chit Funds5. UTI6. NICo ofIndia Ltd.If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of Rs. 5is known as the :-a)b)c)d)DiscountMarginInterestCommission41. DFHI was set up with the following objective :-a)b)c)d)Executor Trustee ServicesTo even out imbalancesTo provide liquidityTo promote secondary marketLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Refinance , Rediscounting of Bills , Financial support to SSIDCTrue/FalseQuestion NABARD does not provide Refinance for stocking & distributionof Chemical Fertilisers.


http://www.oqp.in/




Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion Which of the following services is not provided by Commercialbanks?Correct Answer Deposit InsuranceYour Answer Deposit InsuranceMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer IFCISelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govtand Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion A Cheque is a Negotiable Instrument.Correct Answer TrueYour Answer TrueTrue/FalseQuestion State loans are much less liquid than GOI Securities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesTrue/FalseQuestion Development financial institutions primarily lend to Agriculturesector.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks do not invest in the GOI securities .Correct Answer FalseYour Answer FalseSelect The BlankQuestion NABARDs Criteria for Refinance covers Technical ________ ofthe project.Correct Answer FeasibilityYour Answer FeasibilityTrue/FalseQuestion IMF discourages excessive use of its resources by imposing asurcharge on large loans.Correct Answer TrueYour Answer TrueSelect The BlankQuestion As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0


http://www.oqp.in/




Select The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsMultiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittances comprise of:-Correct Answer Donations/Charity , Payments of Salaries , Payments of RoyaltyYour Answer Donations/Charity , Payments of RoyaltyMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerMultiple Choice Single AnswerQuestion A major part of the credit of SFCs went to :-Correct Answer SSI unitsYour Answer SSI unitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICITrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueSelect The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upSelect The BlankQuestion The term ________ refers to the act of a bank extending financeto the seller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationTrue/FalseQuestion Under MIGA the World bank offers various forms of PoliticalInsurance.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The loans under________ are based on Poverty ReductionStrategy Paper.Correct Answer PRGFYour Answer PRGFMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Marine insurance , Fire insurance , MiscellaneousMultiple Choice Single Answer


http://www.oqp.in/




Question FIs can be classified into two categories depending on the basisof incorporation and :-Correct Answer OperationYour Answer SizeMultiple Choice Multiple AnswerQuestion The main objective of ICICI was :-Correct Answer To augment export finance in India , To channelise WorldBank's funds to industries in India , To help in building up aCapital Market in IndiaYour Answer To augment export finance in India , To help in building up aCapital Market in India , To aid Rural Development in IndiaMultiple Choice Single AnswerQuestion SIDCs & SIICs give loans ,guarantees & : -Correct Answer Lease financeYour Answer Lease financeMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer BusinessTrue/FalseQuestion Gramin banks are State Owned Banks.Correct Answer TrueYour Answer FalseTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion Corporate Debentures are :-Correct Answer Long term debt instrumentsYour Answer Long term debt instrumentsMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerLargest borrower in theworldIBRD IBRDInternational MonetaryCooperationIMF IMFPrevention of crises CCL CCLPolitical insurance MIGA MIGA


http://www.oqp.in/




Multiple Choice Single AnswerQuestion The apex institution in the field of Industrial Development is :-Correct Answer IDBIYour Answer IDBIMultiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year:-Correct Answer 1965Your Answer 1965Select The BlankQuestion Development financial institutions have been established tocater to ________ of the industrial sector.Correct Answer Long term financial needsYour Answer Long term financial needsSelect The BlankQuestion The ________ was set up to help corrections in BOPmaladjustments.Correct Answer IMFYour Answer UNOMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grant loans/advancesYour Answer Control on branches , Grant loans/advances , Pay interest ondepositsMultiple Choice Single AnswerQuestion IDBI introduced Automatic Refinance Scheme in the year :-Correct Answer 1978Your Answer 1975Select The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMatch The FollowingQuestion Correct Answer Your AnswerAquaculture ,BrackishWaterFisheries FisheriesPloughing, weeding,transplantationSeasonal AgriculturalOperationsIrrigation & DrainageMarket Yards, Storage &WarehousingAgricultural Marketing Agricultural Marketing


http://www.oqp.in/




Hill ,Tribal AreadevelopmentArea Development Area DevelopmentMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables membercountries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for imports

Financial Institutions & Banking_6- 1 -LIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Benchmark Surveys , Pre-feasibility studies , Regional /SectoralplanningYour Answer Benchmark Surveys , Pre-feasibility studies , Regional /SectoralplanningMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditYour Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditSelect The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer FEDAITrue/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer TrueTrue/FalseQuestion NABARD does not provide Refinance for stocking & distributionof Chemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/False

Financial Institutions & Banking_6- 2 -Question NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer FalseMatch The FollowingQuestion Correct Answer Your AnswerInsurance of allemployees of a Firm


http://www.oqp.in/




Group Insurance Group InsurancePremium Throughout Life Whole Life Whole LifeFixed Period Insurance Endowment EndowmentInsurance of ocean Cargo Marine Insurance Marine InsuranceSelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govtand Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion Mortgage Loans are loans against property.Correct Answer TrueYour Answer TrueSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyerwithout the seller's consent.Correct Answer IrrevocableYour Answer RevocableMultiple Choice Single AnswerQuestion Liabilities of Insurance Cos are mostly :-Correct Answer Long termYour Answer Long termSelect The Blank

Financial Institutions & Banking_6- 3 -Question As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0.05Multiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year :-Correct Answer 1965Your Answer 1975Multiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Banking Regulation Act,1949Multiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The first development Bank of India, established in 1948 was :-Correct Answer IFCIYour Answer IFCITrue/FalseQuestion Non bank financial institutions undertake fund and non fundbased activities.Correct Answer True


http://www.oqp.in/




Your Answer True

Financial Institutions & Banking_6- 4 -Multiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.Your Answer NIICO Ltd.Multiple Choice Single AnswerQuestion IRBI was set up with a focus on :-Correct Answer Sick UnitsYour Answer Sick UnitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over three yearsMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a dailybasis in branch?Correct Answer Cash Book , Trial Balance , P/L statementYour Answer Audited Balance Sheet , Trial Balance , P/L statementTrue/FalseQuestion Banks lend to corporates directly.Correct Answer True

Financial Institutions & Banking_6- 5 -Your Answer TrueTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion Treasury Bills are issued by the :-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion Account where lump sum investment is made for specific periodis :-Correct Answer Term Deposit accountYour Answer Term Deposit accountMultiple Choice Single AnswerQuestion The apex institution in the field of foreign trade in India is :-Correct Answer EXIM BankYour Answer EXIM Bank


http://www.oqp.in/




Multiple Choice Multiple AnswerQuestion Basic Life insurance policies include :-Correct Answer Term insurance , Annuity contracts , Pension plansYour Answer Term insurance , Annuity contracts , Pension plansSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICIMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-

Financial Institutions & Banking_6- 6 -Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Lease or hire purchase finance , Consultancy & managerialservices , Rural credit activitiesSelect The BlankQuestion Syndication of Loans Globally does not involve any funds as it is________ activity.Correct Answer Non-fund basedYour Answer Non-fund basedMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companySelect The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDRYour Answer EFFMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMultiple Choice Single AnswerQuestion The type of banking involving a small number of LargeCustomers viz.Corporates & multinationals is :-Correct Answer Wholesale BankingYour Answer Global BankingSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer Business

Financial Institutions & Banking_6- 7 -Multiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your Answer


http://www.oqp.in/




Inter Bank Call MoneyMarketsBRs, Call Money Receipts CurrenciesMoney Market Instuments CP, CD ,T- Bills CP, CD ,T- BillsCapital MarketInstrumentsShares SharesDebt Market Instruments GOI Securities ,Bonds SharesSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low incomegroups.Correct Answer Weaker sectionsYour Answer Weaker sectionsTrue/FalseQuestion Banks authorised to deal in foreign exchange are known asAuthorised Dealers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables membercountries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsSelect The BlankQuestion The repayment holiday period is also known as ________period.Correct Answer MoratoriumYour Answer Moratorium

Financial Institutions & Banking_6- 8 -Multiple Choice Single AnswerQuestion A non-scheduled bank does not deal in :-Correct Answer Foreign ExchangeYour Answer Foreign ExchangeMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsYour Answer Foreign Investors(FIIs) , Corporate Treasuries , Public sectorCompaniesFinancial Institutions & Banking_7- 1 -38. Initial Quantum of resources of IMF were contributed by members according to :-Quotas fixed for membersSDR fixed for membersPopulationWealth of the nationLIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Single AnswerQuestion Zero Coupon Bonds are issued at a :-Correct Answer Discount to face valueYour Answer Discount to face valueSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyer


http://www.oqp.in/




without the seller's consent.Correct Answer IrrevocableYour Answer IrrevocableMultiple Choice Single AnswerQuestion Which of the following institution was set up as a subsidy of RBIin 1964?Correct Answer IDBIYour Answer IDBISelect The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsTrue/FalseQuestion HDFC was set up by NHB.Financial Institutions & Banking_7- 2 -Correct Answer FalseYour Answer FalseTrue/FalseQuestion IMF discourages excessive use of its resources by imposing asurcharge on large loans.Correct Answer TrueYour Answer FalseMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings of thepublic due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Wide network , Tax concessionsTrue/FalseQuestion In case of T-Bills potential investors have to put in competitivebids.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The apex institution in the field of foreign trade in India is :-Correct Answer EXIM BankYour Answer EXIM BankMultiple Choice Single AnswerQuestion NABARD was established on the recommendations of :-Correct Answer CRAFICARDYour Answer CRAFICARDSelect The BlankFinancial Institutions & Banking_7- 3 -


http://www.oqp.in/




Question Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Six months or lessMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Multiple AnswerQuestion R B I issues currency notes against the security of:-Correct Answer Gold bullion , Foreign securities , GOI securitiesYour Answer Gold bullion , Foreign securities , GOI securitiesSelect The BlankQuestion AFC's membership consists of commercial, cooperative banksand DFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion SIDCs & SIICs give loans ,guarantees & :-Correct Answer Lease financeYour Answer Lease financeMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to executeinfrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer SSN Nigam Ltd , MSR Dev.Corporation , MKV Dev. Corporation.Select The BlankQuestion SCICI provides domestic & foreign loans for capital equipmentand________ services.Correct Answer TechnicalYour Answer TechnicalFinancial Institutions & Banking_7- 4 -Multiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Usance promissory noteTrue/FalseQuestion Banks authorised to deal in foreign exchange are known asAuthorised Dealers.Correct Answer FalseYour Answer FalseSelect The BlankQuestion The Premium of ________ is obtained through obligatoryreinsurance premium.Correct Answer GICYour Answer GICMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerMultiple Choice Multiple AnswerQuestion The main objective of ICICI was :-Correct Answer To augment export finance in India , To channelise World Bank'sfunds to industries in India , To help in building up a Capital


http://www.oqp.in/




Market in IndiaYour Answer To augment export finance in India , To channelise World Bank'sfunds to industries in India , To help in building up a CapitalMarket in IndiaSelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerFinancial Institutions & Banking_7- 5 -Question A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Granting lines of Credit , Handling foreign currency , HandlingDoc. creditsYour Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesTrue/FalseQuestion The currency notes issued by RBI are legal tender everywhere inIndia without any limit.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The term ________ refers to the act of a bank extending financeto the seller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion From time to time RBI has issued :-Correct Answer Straight coupon bonds , Inflation linked bonds , Zero couponbondsYour Answer Straight coupon bonds , Inflation linked bonds , Zero couponFinancial Institutions & Banking_7- 6 -bondsMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firmsYour Answer Corporates , Partnerships , Proprietary firmsMultiple Choice Single AnswerQuestion DICGC also provides :-Correct Answer Security to depositsYour Answer Guarantee to banks


http://www.oqp.in/




Match The FollowingQuestion Correct Answer Your AnswerSmall Savings Chit Funds Chit FundsGen.Insurance NICo of India Ltd. NICo of India Ltd.Life Insurance LIC of India Ltd LIC of India LtdMutual fund UTI UTISelect The BlankQuestion Financial markets are the centres that provide facilities forbuying and selling of ________.Correct Answer Financial claims and servicesYour Answer Goods and servicesMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances , Travellers'ChequesYour Answer Credit Card Business , International remittances , Travellers'ChequesMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Productionas well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementFinancial Institutions & Banking_7- 7 -Your Answer Crop Planning , Plant Protection , Farm ManagementTrue/FalseQuestion CP is a usance promissory note hence it can be negotiated byendorsement & delivery.Correct Answer TrueYour Answer FalseSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer BusinessTrue/FalseQuestion Banks lend to corporates directly.Correct Answer TrueYour Answer TrueTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion In a Bank, the investment decisions are taken at ________ level.Correct Answer Head OfficeYour Answer Head OfficeMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingFinancial Institutions & Banking_7- 8 -NCDC Development of


http://www.oqp.in/




CooperativesDevelopment ofCooperativesTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion NonBanking Financial Companies are :-Correct Answer Financial institutionsYour Answer Financial institutionsMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holder iscontained in :-Correct Answer SGL pass bookYour Answer SGL pass bookLIST OF ATTEMPTED QUESTIONS AND ANSWERSTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer TrueSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyerwithout the seller's consent.Correct Answer IrrevocableYour Answer ConfirmedSelect The BlankQuestion The ________ of NABARD covers release of refinance withoutprior sanction for refinance limit.Correct Answer ARSYour Answer CFSFTrue/FalseQuestion Banks lend to corporates directly.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Non bank financial institutions undertake fund and non fundbased activities.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Development financial institutions primarily lend to Agriculturesector.Correct Answer FalseYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financialinstitutionsIFCI Banking SystemOrganised sector Banking System IFCIUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTI


http://www.oqp.in/




Select The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upSelect The BlankQuestion Development financial institutions have been established to caterto ________ of the industrial sector.Correct Answer Long term financial needsYour Answer Short term financial needsSelect The BlankQuestion General insurance policies are genarally issued for ________year.Correct Answer OneYour Answer TenTrue/FalseQuestion PFC has been persuading State Governments restructuring oftheir power sector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer Banking Regulation ActMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer Commercial banksMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Money marketsTrue/FalseQuestion NIDHIS are Trading Organisations.Correct Answer FalseYour Answer TrueTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The apex institution in the field of Industrial Development is :-Correct Answer IDBIYour Answer IDBIMultiple Choice Single AnswerQuestion Zero Coupon Bonds are issued at a :-Correct Answer Discount to face valueYour Answer Discount to face valueMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Financial support to SSIDCMultiple Choice Multiple AnswerQuestion R B I conducts monetary control by way of O M O in :-Correct Answer Treasury bills , State /central Government Securities


http://www.oqp.in/




Your Answer Treasury bills , Ways and means advances , TODSelect The BlankQuestion SCICI provides domestic & foreign loans for capital equipmentand________ services.Correct Answer TechnicalYour Answer After salesMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Financial companiesTrue/FalseQuestion The overdraft facility is also known as Cash credit facility.Correct Answer TrueYour Answer TrueTrue/FalseQuestion IDA does not lend to countries that are not in a position toborrow from IBRD.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Pre-feasibility studies , Regional /Sectoral planning , BenchmarkSurveysYour Answer Pre-feasibility studies , Regional /Sectoral planning , BenchmarkSurveysMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer International remittances , Travellers' Cheques , Credit CardBusinessYour Answer Credit Card Business , International remittances , Travellers'ChequesMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holder iscontained in :-Correct Answer SGL pass bookYour Answer NSESelect The BlankQuestion The Premium of ________ is obtained through obligatoryreinsurance premium.Correct Answer GICYour Answer OF&GICO Ltd.Multiple Choice Single AnswerQuestion IDBI introduced Automatic Refinance Scheme in the year :-Correct Answer 1978Your Answer 1975Multiple Choice Multiple Answer


http://www.oqp.in/




Question ECGC Board comprises of Directors representing :-Correct Answer Government , Banking/Insurance , Trade/IndustryYour Answer Government , Banking/Insurance , Trade/IndustryMultiple Choice Single AnswerQuestion Cetificate of deposit are issued byCorrect Answer BanksYour Answer BanksMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companySelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Long term returnsMultiple Choice Multiple AnswerQuestion DFHI was set up jointly by :-Correct Answer RBI , Banks , All India FisYour Answer RBI , All India Fis , SEBIMatch The FollowingQuestion Correct Answer Your AnswerSmall Savings Chit Funds HDFCGen.Insurance NICo of India Ltd. UTILife Insurance LIC of India Ltd LIC of India LtdMutual fund UTI Chit FundsMultiple Choice Single AnswerQuestion Corporate Debentures are :-Correct Answer Long term debt instrumentsYour Answer Short term deposit receiptsTrue/FalseQuestion HDFC was set up by NHB.Correct Answer FalseYour Answer TrueMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion A record of the holdings of GOI dated securities of each holder iscontained in :-Correct Answer SGL pass bookYour Answer SGL pass bookSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer HUDCOSelect The BlankQuestion Financial markets are the centres that provide facilities forbuying and selling of ________.Correct Answer Financial claims and servicesYour Answer Fixed assetsSelect The BlankQuestion As a banker to the Government, RBI accepts Government


http://www.oqp.in/




deposits at ________% interest.Correct Answer 0Your Answer 0.05Multiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer TaxesSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer PremiumMultiple Choice Single AnswerQuestion Treasury bills are issued by :-Correct Answer RBIYour Answer RBILIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Legal TenderTrue/FalseQuestion Cancellation of a Guarantee is known as "revocation".Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion IFCI raises its funds by way of :-Correct Answer Issuing bonds , Borrowing from RBI , Borrowing from IDBIYour Answer Issuing bonds , Issuing sharesMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion Cetificate of deposit are issued byCorrect Answer BanksYour Answer CorporatesMatch The FollowingQuestion Correct Answer Your AnswerFilm Finance FFC Chit FundsRural Electrification REC RECPure NBFI UTI UTISpecialised NBFI HDFC HDFCMultiple Choice Single AnswerQuestion SFCs suffer from a very high ratio of:-Correct Answer OverduesYour Answer OverduesMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to executeinfrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer Konkan Railway Corporation , MSR Dev.CorporationMultiple Choice Multiple AnswerQuestion EXIM Bank can raise resources by:-Correct Answer Issuing bonds , Borrowing from RBI , Borrowing from


http://www.oqp.in/




International Financial InstitutionsYour Answer Issuing bonds , Borrowing from RBISelect The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsTrue/FalseQuestion CPs have to be compulsorily rated.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Productionas well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant ProtectionMultiple Choice Multiple AnswerQuestion EXIM Bank provides financial assistance to:-Correct Answer Indian Companies , Commercial Banks , Foreign GovernmentsYour Answer Investment trusts , Indian CompaniesMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Client's ReportMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion IMF discourages excessive use of its resources by imposing asurcharge on large loans.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Credit Risk under NEF Scheme of SIDBI is borne by :-Correct Answer Central Govt & SIDBIYour Answer SIDBISelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer DepositsMultiple Choice Single AnswerQuestion FIs can be classified into two categories depending on the basisof incorporation and :-Correct Answer OperationYour Answer OperationSelect The BlankQuestion Financial markets are the centres that provide facilities forbuying and selling of ________.Correct Answer Financial claims and servicesYour Answer Financial claims and servicesMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a dailybasis in branch?


http://www.oqp.in/




Correct Answer Cash Book , Trial Balance , P/L statementYour Answer Audited Balance Sheet , Trial Balance , P/L statementMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Pre-feasibility studies , Regional /Sectoral planning , BenchmarkSurveysYour Answer Pre-feasibility studies , Regional /Sectoral planning , BenchmarkSurveysTrue/FalseQuestion EXIM Bank provides Lines of Credit to other nations for Indianexports.Correct Answer TrueYour Answer TrueTrue/FalseQuestion In case of T-Bills potential investors have to put in competitivebids.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion Which of the following services is not provided by Commercialbanks?Correct Answer Deposit InsuranceYour Answer Deposit InsuranceTrue/FalseQuestion NABARD provides Refinance for Marketing of Crops.Correct Answer TrueYour Answer TrueSelect The BlankQuestion Legally speaking Pass Through Certificates are ________ andare tradeable freely.Correct Answer Promissory notesYour Answer Bills of ExchangeSelect The BlankQuestion The loans under________ are based on Poverty ReductionStrategy Paper.Correct Answer PRGFYour Answer RPFGSelect The BlankQuestion AFC's membership consists of commercial, cooperative banksand DFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankMatch The FollowingQuestion Correct Answer Your AnswerLargest borrower in theworldIBRD MIGAInternational MonetaryCooperationIMF PRGFPrevention of crises CCL IBRDPolitical insurance MIGA CFFMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-


http://www.oqp.in/




Correct Answer One yearYour Answer One yearMultiple Choice Single AnswerQuestion The word ' Tranche ' is a French word which means :-Correct Answer A SliceYour Answer A SliceMultiple Choice Multiple AnswerQuestion Basic Life insurance policies include :-Correct Answer Term insurance , Annuity contracts , Pension plansYour Answer Term insurance , Annuity contracts , Pension plansSelect The BlankQuestion The department handing ________ in the banks is known as theTreasury.Correct Answer InvestmentsYour Answer Cash & currencyTrue/FalseQuestion State loans are much less liquid than GOI Securities.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low incomegroups.Correct Answer Weaker sectionsYour Answer Salaried personsMultiple Choice Multiple AnswerQuestion The objective NEF Scheme of SIDBI is to provide equity supportto :-Correct Answer New Units in tiny Sector , New Units in Small Sector , Existingunits in tiny & small scale sectorYour Answer Existing Large Industrial Units , New Units in tiny Sector , NewUnits in Small SectorMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , FIIsSelect The BlankQuestion NABARDs Criteria for Refinance covers Technical ________ ofthe project.Correct Answer FeasibilityYour Answer ViabilityMultiple Choice Single AnswerQuestion Treasury Bills are issued by the :-Correct Answer RBIYour Answer Central Govt.True/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer FalseSelect The BlankQuestion Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesMultiple Choice Single AnswerQuestion NonBanking Financial Companies are :-


http://www.oqp.in/




Correct Answer Financial institutionsYour Answer Manufacturing unitsMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Chit fundsTrue/FalseQuestion Most of the Indian PS Banks practice retail banking.Correct Answer TrueYour Answer TrueSelect The BlankQuestion Secured Premium Notes are ________.Correct Answer DebenturesYour Answer BondsTrue/FalseQuestion No TDS is deducted on Interest paid on CDs.Correct Answer TrueYour Answer FalseLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed itsname to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIsincluding ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market! is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for thehousing sector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods upto ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up toten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power


http://www.oqp.in/




sector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as wellas:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government reg! ulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of Chemical


http://www.oqp.in/




Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.&nbs! p;Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer &n! bsp; Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balanceis :-Correct Answer Overdraft


http://www.oqp.in/




Your Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation tocontribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning itin the open marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it inthe open marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to theseller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projectsare :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.


http://www.oqp.in/




Correct Answer Premium collectedYour Answer Premium collected!Multiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed itsname to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIsincluding ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for thehousing sector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods upto ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up toten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their powersector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/False


http://www.oqp.in/




Question The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as wellas:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/False


http://www.oqp.in/




Question NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balanceis :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDF


http://www.oqp.in/




True/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation tocontribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning itin the open marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it inthe open marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to theseller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projectsare :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationSelect The BlankQuestion Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesMultiple Choice Single Answer


http://www.oqp.in/




Question For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFMatch The FollowingQuestion Correct Answer Your AnswerCorporates RIL, HPCL RIL, HPCLNGOs CSP, CRY, PLAN CSP, CRY, PLANDFI IDBI, IFCI, ICICI IDBI, IFCI, ICICIPSUs NTPC, NHPC, Coal India NTPC, NHPC, Coal IndiaMultiple Choice Multiple AnswerQuestion DFHI was set up jointly by :-Correct Answer RBI , Banks , All India FisYour Answer RBI , Banks , All India Fis , SEBISelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme for modernisation isalso undertaken by IDBI.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Investment on a monthly basis and repayment on due dateis made in :-Correct Answer Recurring depositYour Answer Term deposit accountMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances ,Travellers' ChequesYour Answer Credit Card Business , International remittances ,Travellers' ChequesMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer TaxesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balanceis :-Correct Answer OverdraftYour Answer OverdraftSelect The BlankQuestion AFC's membership consists of commercial, cooperativebanks and DFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Multiple AnswerQuestion Functions of R.O. do not cover :-Correct Answer SLR/CRR maintenance , Liaison with RBI/IBA ,Issuing Lending PolicyYour Answer Liaison with RBI/IBA , Issuing Lending PolicySelect The BlankQuestion The ________ of NABARD covers release of refinance


http://www.oqp.in/




without prior sanction for refinance limit.Correct Answer ARSYour Answer CFSFSelect The BlankQuestion The ________ regulation makes the banks the largestinvestor in the GOI securities.Correct Answer SLRYour Answer SLRMultiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings ofthe public due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Wide network , Tax concessions , Saftey of fundsTrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion SIDBI commenced its operations from :-Correct Answer April 2,1990Your Answer April 2,1990Multiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Financial companiesMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0%interest. , For periods up to ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. ,For periods up to ten yearsMultiple Choice Multiple AnswerQuestion The prominent Bond issuing PSU are :-Correct Answer MTNL , NTPC , SAILYour Answer MTNL , NTPC , SAILMatch The FollowingQuestion Correct Answer Your AnswerHill ,Tribal Area development Area Development Area DevelopmentAquaculture , Brackish Water Fisheries FisheriesPloughing, weeding, transplantationSeasonal Agricultural Operations Irrigation & DrainageMarket Yards, Storage &Warehousing Agricultural Marketing Agricultural MarketingTrue/FalseQuestion Small Savings are source of Capital Receipts for the Government.Correct Answer TrueYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables member countries to:-


http://www.oqp.in/




Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Undertake specific projectsMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer ICICISelect The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upTrue/FalseQuestion The Capital of NABARD is subscribed by World Bank.Correct Answer FalseYour Answer FalseSelect The BlankQuestion In a Bank, the investment decisions are taken at ________ level.Correct Answer Head OfficeYour Answer Head OfficeMultiple Choice Single AnswerQuestion RBI is also referred to as :-Correct Answer Apex BankYour Answer Apex BankMultiple Choice Multiple AnswerQuestion EXIM Bank can raise resources by:-Correct Answer Issuing bonds , Borrowing from RBI , Borrowing from InternationalFinancial InstitutionsYour Answer Borrowing from RBI , Borrowing from International Financial InstitutionsMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/FalseQuestion PFC has been persuading State Governments restructuring of their powersector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financial support to SSIDCYour Answer Refinance , Financial support to SSIDC , Cash Credit facilitiesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittances comprise of :-Correct Answer Donations/Charity , Payments of Salaries , Payments of RoyaltyYour Answer Payments of Royalty , Travel related paymentsTrue/FalseQuestion SCICI is a member of the OTCEI.


http://www.oqp.in/




Correct Answer TrueYour Answer FalseSelect The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueTrue/FalseQuestion HDFC was set up by NHB.Correct Answer FalseYour Answer FalseSelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Portfolio managementTrue/FalseQuestion In case of T-Bills potential investors have to put incompetitive bids.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Non bank financial institutions undertake fund and non fund based activities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grant loans/advancesYour Answer Inspection/audit , Control on branches , Grant loans/advancesMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Granting lines ofCreditYour Answer Maintaining SLR/CRR , Handling foreign currency , Handling Doc. credits, Granting lines of CreditSelect The BlankQuestion Secured Premium Notes are ________.Correct Answer DebenturesYour Answer DebenturesSelect The BlankQuestion Syndication involves ________ sanction.Correct Answer In principleYour Answer Funded

LIST OF ATTEMPTED QUESTIONS AND ANSWERSMultiple Choice Multiple AnswerQuestion Agricultural Finance Consultancy Ltd(AFC) activities cover :-Correct Answer Benchmark Surveys , Pre-feasibility studies , Regional /SectoralplanningYour Answer Benchmark Surveys , Pre-feasibility studies , Regional /SectoralplanningMultiple Choice Multiple Answer


http://www.oqp.in/




Question Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditYour Answer Handling foreign currency , Handling Doc. credits , Granting linesof CreditSelect The BlankQuestion The ________ is the apex institution in the field of foreign tradein India.Correct Answer EXIM bankYour Answer FEDAITrue/FalseQuestion The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer TrueTrue/FalseQuestion NABARD does not provide Refinance for stocking & distributionof Chemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.Correct Answer TrueYour Answer FalseMatch The FollowingQuestion Correct Answer Your AnswerInsurance of allemployees of a FirmGroup Insurance Group InsurancePremium Throughout Life Whole Life Whole LifeFixed Period Insurance Endowment EndowmentInsurance of ocean Cargo Marine Insurance Marine InsuranceSelect The BlankQuestion DFIs are the second largest issuer of ________ after the Govtand Sovereign bodies.Correct Answer Debt instrumentsYour Answer Debt instrumentsTrue/FalseQuestion Mortgage Loans are loans against property.Correct Answer TrueYour Answer TrueSelect The BlankQuestion An ________ letter of credit cannot be canceled by the buyerwithout the seller's consent.Correct Answer IrrevocableYour Answer RevocableMultiple Choice Single AnswerQuestion Liabilities of Insurance Cos are mostly :-Correct Answer Long termYour Answer Long term


http://www.oqp.in/




Select The BlankQuestion As a banker to the Government, RBI accepts Governmentdeposits at ________% interest.Correct Answer 0Your Answer 0.05Multiple Choice Single AnswerQuestion Bills Rediscounting Scheme of IDBI was introduced in the year :-Correct Answer 1965Your Answer 1975Multiple Choice Single AnswerQuestion DFHI was incorporated under the :-Correct Answer Companies Act, 1956Your Answer Banking Regulation Act,1949Multiple Choice Single AnswerQuestion The underdeveloped markets are characterised by : -Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The first development Bank of India, established in 1948 was :-Correct Answer IFCIYour Answer IFCITrue/FalseQuestion Non bank financial institutions undertake fund and non fundbased activities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer TrueSelect The BlankQuestion The ________ does not collect Savings from the Public.Correct Answer NIICO Ltd.Your Answer NIICO Ltd.Multiple Choice Single AnswerQuestion IRBI was set up with a focus on :-Correct Answer Sick UnitsYour Answer Sick UnitsMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over three yearsMultiple Choice Multiple AnswerQuestion Which of the following statements are not prepared on a dailybasis in branch?Correct Answer Cash Book , Trial Balance , P/L statement


http://www.oqp.in/




Your Answer Audited Balance Sheet , Trial Balance , P/L statementTrue/FalseQuestion Banks lend to corporates directly.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer FalseMultiple Choice Single AnswerQuestion Treasury Bills are issued by the :-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion Account where lump sum investment is made for specific periodis :-Correct Answer Term Deposit accountYour Answer Term Deposit accountMultiple Choice Single AnswerQuestion The apex institution in the field of foreign trade in India is :-Correct Answer EXIM BankYour Answer EXIM BankMultiple Choice Multiple AnswerQuestion Basic Life insurance policies include :-Correct Answer Term insurance , Annuity contracts , Pension plansYour Answer Term insurance , Annuity contracts , Pension plansSelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Scheme formodernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICIMultiple Choice Multiple AnswerQuestion IIBI (formerly known as IRBI )undertakes :-Correct Answer Merchant Banking activities , Lease or hire purchase finance ,Consultancy & managerial servicesYour Answer Lease or hire purchase finance , Consultancy & managerialservices , Rural credit activitiesSelect The BlankQuestion Syndication of Loans Globally does not involve any funds as it is________ activity.Correct Answer Non-fund basedYour Answer Non-fund basedMultiple Choice Multiple AnswerQuestion Mutual fund has main entities like :-Correct Answer Sponsor , Trust , Asset Management companyYour Answer Sponsor , Trust , Asset Management companySelect The BlankQuestion ________ is merely an asset created out of book entries.Correct Answer SDRYour Answer EFFMultiple Choice Multiple AnswerQuestion SFCs provide finance to :-Correct Answer Corporates , Partnerships , Proprietary firms


http://www.oqp.in/




Your Answer Corporates , Partnerships , Proprietary firmsMultiple Choice Single AnswerQuestion The type of banking involving a small number of LargeCustomers viz.Corporates & multinationals is :-Correct Answer Wholesale BankingYour Answer Global BankingSelect The BlankQuestion The extent of powers enjoyed by a branch depends on the sizeof its ________.Correct Answer BusinessYour Answer BusinessMultiple Choice Multiple AnswerQuestion Credit Information report is also known as :-Correct Answer Credit report , Banker's report , Confidential reportYour Answer Credit report , Banker's report , Confidential reportMatch The FollowingQuestion Correct Answer Your AnswerInter Bank Call MoneyMarketsBRs, Call Money Receipts CurrenciesMoney Market Instuments CP, CD ,T- Bills CP, CD ,T- BillsCapital MarketInstrumentsShares SharesDebt Market Instruments GOI Securities ,Bonds SharesSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low incomegroups.Correct Answer Weaker sectionsYour Answer Weaker sectionsTrue/FalseQuestion Banks authorised to deal in foreign exchange are known asAuthorised Dealers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enables membercountries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay for importsYour Answer Rebuild resources , Stabilise currencies , Pay for importsSelect The BlankQuestion The repayment holiday period is also known as ________period.Correct Answer MoratoriumYour Answer MoratoriumMultiple Choice Single AnswerQuestion A non-scheduled bank does not deal in :-Correct Answer Foreign ExchangeYour Answer Foreign ExchangeMultiple Choice Multiple AnswerQuestion Prominent Institutional Investors are :-Correct Answer Foreign Investors(FIIs) , Corporate Treasuries , Mutual FundsYour Answer Foreign Investors(FIIs) , Corporate Treasuries , Public sectorCompanies


http://www.oqp.in/




LIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. haschanged its name to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIsincluding ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market! is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resourcesfor the housing sector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of theirpower sector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production aswell a! s:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple Answer


http://www.oqp.in/




Question A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government reg! ulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution ofChemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.&nbs! p; Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.


http://www.oqp.in/




Correct Answer &n! bsp; Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than thebalance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-&n! bsp; Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of PoliticalInsurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from theobligation to contribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy ,


http://www.oqp.in/




Assigning it in the open marketYour Answer Surrendering the policy , Converting it into paid up policy ,Assigning it in the open marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance tothe seller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructureprojects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collected!Multiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationYahoo! for GoodClick here to donate to the Hurricane Katrina relief effort.YAHOO! GROUPS LINKSVisit your group "SCDL_PGDBA_Finance_2004" on the web.To unsubscribe from this group, send an email to:[email protected] use of Yahoo! Groups is subject to the Yahoo! Terms of Service.LIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single Answer


http://www.oqp.in/




Question The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housingsector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to tenyearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power sector tomake them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-


http://www.oqp.in/




Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer Corporates


http://www.oqp.in/




Your Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation to contributefurther premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller againsta letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple Answer


http://www.oqp.in/




Question Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housingsector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to tenyearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power sector tomake them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well as:-Correct Answer Crop Planning , Plant Protection , Farm Management


http://www.oqp.in/




Your Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.


http://www.oqp.in/




Correct Answer Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation to contributefurther premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in the


http://www.oqp.in/




open marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller againsta letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationLIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. has changed its name to________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The BlankQuestion AFC's membership consists of commercial, cooperative banks and DFIs including________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________ resources for the housingsector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to tenyearsYour Answer By borrowing from IBRD , By lending at 0% interest. , For periods up to ten yearsMultiple Choice Single Answer


http://www.oqp.in/




Question A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costTrue/FalseQuestion PFC has been persuading State Governments restructuring of their power sector tomake them viable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Production as well as:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government regulation and controlMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution of ChemicalFertilisers.Correct Answer False


http://www.oqp.in/




Your Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawn brokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated Rural Development.Correct Answer TrueYour Answer TrueSelect The BlankQuestion 55% of HUDCO loans are earmarked for________& low income groups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory noteYour Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more than the balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFTrue/False


http://www.oqp.in/




Question Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentAFC Ltd Consultancy ConsultancyHUDCO Housing HousingNCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA the World bank offers various forms of Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from the obligation to contributefurther premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketYour Answer Surrendering the policy , Converting it into paid up policy , Assigning it in theopen marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending finance to the seller againsta letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to execute infrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN Nigam LtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collectedMultiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationSelect The BlankQuestion Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDF


http://www.oqp.in/




Your Answer SIDFMatch The FollowingQuestion Correct Answer Your AnswerCorporates RIL, HPCL RIL, HPCLNGOs CASP, CRY, PLAN CASP, CRY, PLANDFI IDBI, IFCI, ICICI IDBI, IFCI, ICICIPSUs NTPC, NHPC, Coal India NTPC, NHPC, Coal IndiaMultiple Choice Multiple AnswerQuestion DFHI was set up jointly by :-Correct Answer RBI , Banks , All India FisYour Answer RBI , Banks , All India Fis , SEBISelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Schemefor modernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Investment on a monthly basis and repayment on due dateis made in :-Correct Answer Recurring depositYour Answer Term deposit accountMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances ,Travellers' ChequesYour Answer Credit Card Business , International remittances ,Travellers' ChequesMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer TaxesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw morethan the balance is :-Correct Answer OverdraftYour Answer OverdraftSelect The BlankQuestion AFC's membership consists of commercial, cooperativebanks and DFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Multiple AnswerQuestion Functions of R.O. do not cover :-Correct Answer SLR/CRR maintenance , Liaison with RBI/IBA ,Issuing Lending PolicyYour Answer Liaison with RBI/IBA , Issuing Lending PolicySelect The BlankQuestion The ________ of NABARD covers release of refinancewithout prior sanction for refinance limit.Correct Answer ARSYour Answer CFSFSelect The BlankQuestion The ________ regulation makes the banks the largestinvestor in the GOI securities.Correct Answer SLRYour Answer SLR


http://www.oqp.in/




Multiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings ofthe public due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Wide network , Tax concessions , Saftey of fundsTrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion SIDBI commenced its operations from :-Correct Answer April 2,1990Your Answer April 2,1990Multiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Financial companiesMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0%interest. , For periods up to ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. ,For periods up to ten yearsMultiple Choice Multiple AnswerQuestion The prominent Bond issuing PSU are :-Correct Answer MTNL , NTPC , SAILYour Answer MTNL , NTPC , SAILMatch The FollowingQuestion Correct Answer Your AnswerHill ,Tribal Area development Area Development Area DevelopmentAquaculture ,Brackish Water Fisheries FisheriesPloughing, weeding, transplantation Seasonal Agricultural OperationsIrrigation & DrainageMarket Yards, Storage & Warehousing Agricultural MarketingAgricultural MarketingTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enablesmember countries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay forimportsYour Answer Rebuild resources , Stabilise currencies , Undertakespecific projectsMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer ICICISelect The Blank


http://www.oqp.in/




Question NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upTrue/FalseQuestion The Capital of NABARD is subscribed by World Bank.Correct Answer FalseYour Answer FalseSelect The BlankQuestion In a Bank, the investment decisions are taken at________ level.Correct Answer Head OfficeYour Answer Head OfficeMultiple Choice Single AnswerQuestion RBI is also referred to as :-Correct Answer Apex BankYour Answer Apex BankMultiple Choice Multiple AnswerQuestion EXIM Bank can raise resources by:-Correct Answer Issuing bonds , Borrowing from RBI , Borrowingfrom International Financial InstitutionsYour Answer Borrowing from RBI , Borrowing from InternationalFinancial InstitutionsMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/FalseQuestion PFC has been persuading State Governments restructuringof their power sector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financialsupport to SSIDCYour Answer Refinance , Financial support to SSIDC , Cash CreditfacilitiesTrue/FalseQuestion Under MIGA the World bank offers various forms ofPolitical Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittancescomprise of :-Correct Answer Donations/Charity , Payments of Salaries ,Payments of RoyaltyYour Answer Payments of Royalty , Travel related paymentsTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer FalseSelect The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer True


http://www.oqp.in/




True/FalseQuestion HDFC was set up by NHB.Correct Answer FalseYour Answer FalseSelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Portfolio managementTrue/FalseQuestion In case of T-Bills potential investors have to put incompetitive bids.Correct Answer TrueYour Answer TrueTrue/FalseQuestion Non bank financial institutions undertake fund and nonfund based activities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grantloans/advancesYour Answer Inspection/audit , Control on branches , Grantloans/advancesMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc.credits , Granting lines of CreditYour Answer Maintaining SLR/CRR , Handling foreign currency ,Handling Doc. credits , Granting lines of CreditSelect The BlankQuestion Secured Premium Notes are ________.Correct Answer DebenturesYour Answer DebenturesSelect The BlankQuestion Syndication involves ________ sanction.Correct Answer In principleYour Answer Funded

Financial Institutions & Banking_18LIST OF ATTEMPTED QUESTIONS AND ANSWERSSelect The BlankQuestion The Shipping Credit and Investment Company of India Ltd. haschanged its name to ________ effective from October 1992.Correct Answer SCICI LtdYour Answer SCICI LtdSelect The Blank


http://www.oqp.in/




Question AFC's membership consists of commercial, cooperative banks andDFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Single AnswerQuestion Financial institutions deal in :-Correct Answer Financial assetsYour Answer Financial assetsMultiple Choice Single AnswerQuestion The lender of the last resort to the market! is the :-Correct Answer RBIYour Answer RBISelect The BlankQuestion One of the objectives of NHB is to augment the ________resources for the housing sector.Correct Answer FinancialYour Answer FinancialMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. , Forperiods up to ten yearsMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer Interest costPage 1Financial Institutions & Banking_18True/FalseQuestion PFC has been persuading State Governments restructuring oftheir power sector to make them viable.Correct Answer TrueYour Answer True


http://www.oqp.in/




Multiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBITrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion RBI was established under the:-Correct Answer RBI ActYour Answer RBI ActMultiple Choice Multiple AnswerQuestion The major area of AFC's specialisation included Crop Productionas well a! s:-Correct Answer Crop Planning , Plant Protection , Farm ManagementYour Answer Crop Planning , Plant Protection , Farm ManagementMultiple Choice Multiple AnswerQuestion A member's IMF Quota determines its :-Correct Answer Financial commitment , Voting power , Drawing powerYour Answer Financial commitment , Voting power , Drawing powerSelect The BlankQuestion Period of Holiday Insurance is ________.Correct Answer Six months or lessYour Answer Three yearsMultiple Choice Single AnswerQuestion The underdeveloped markets are characterised by :-Correct Answer Government regulation and controlYour Answer Government reg! ulation and controlPage 2Financial Institutions & Banking_18Multiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer Banks


http://www.oqp.in/




Your Answer BanksTrue/FalseQuestion The bids for T-Bills are on price/interest basis.Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Long term debt instruments have a maturity of :-Correct Answer Over one yearYour Answer Over one yearMultiple Choice Multiple AnswerQuestion The general insurance business can be :-Correct Answer Marine insurance , Fire insurance , MiscellaneousYour Answer Fire insurance , Miscellaneous , Marine insuranceTrue/FalseQuestion NABARD does not provide Refinance for stocking & distribution ofChemical Fertilisers.Correct Answer FalseYour Answer FalseMultiple Choice Multiple AnswerQuestion The unorganised financial system comprises of :-Correct Answer Money lenders , Indigenous bankers , Lending pawnbrokersYour Answer Money lenders , Indigenous bankers , Lending pawn brokersTrue/FalseQuestion NABARD is an apex institution in the field of Integrated RuralDevelopment.&nbs! p; Correct Answer TrueYour Answer True


http://www.oqp.in/




Page 3Financial Institutions & Banking_18Select The BlankQuestion 55% of HUDCO loans are earmarked for________& low incomegroups.Correct Answer Weaker sectionsYour Answer Weaker sectionsMultiple Choice Single AnswerQuestion Development Financial institutions include :-Correct Answer State financial institutionsYour Answer State financial institutionsMultiple Choice Single AnswerQuestion Money Markets Instruments have a maturity of less than :-Correct Answer One yearYour Answer One yearSelect The BlankQuestion The price in financial markets is known as ________.Correct Answer &n! bsp; Rate of interestYour Answer Rate of interestMatch The FollowingQuestion Correct Answer Your AnswerDevelopment financial institutions IFCI IFCIOrganised sector Banking System Banking SystemUnorganised sector Indigenous banks Indigenous banksMutual funds UTI UTISelect The BlankQuestion The HDFC was set up in 1977 by the ________.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion Certificate of deposit is a :-Correct Answer Usance promissory notePage 4Financial Institutions & Banking_18Your Answer Term Deposit ReceiptTrue/FalseQuestion A Bill of Exchange is negotiable.


http://www.oqp.in/




Correct Answer TrueYour Answer TrueMultiple Choice Single AnswerQuestion Commercial Papers are issued by :-Correct Answer CorporatesYour Answer CorporatesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw more thanthe balance is :-Correct Answer OverdraftYour Answer OverdraftMultiple Choice Multiple AnswerQuestion The loans of finance companies are generally :-Correct Answer At high interest , Unsecured , Based on borrowers worthYour Answer At high interest , Unsecured , Based on borrowers worthMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-&n! bsp; Correct Answer SIDFYour Answer SIDFTrue/FalseQuestion Issuance of CD attracts reserve requirements.Correct Answer FalseYour Answer FalseTrue/FalseQuestion Banks issue Guarantees on behalf of their clients.Correct Answer TrueYour Answer TrueMatch The FollowingQuestion Correct Answer Your AnswerNABARD Rural Development Rural DevelopmentPage 5Financial Institutions & Banking_18AFC Ltd Consultancy ConsultancyHUDCO Housing Housing


http://www.oqp.in/




NCDC Development of Cooperatives Development of CooperativesTrue/FalseQuestion Under MIGA theWorld bank offers various forms of PoliticalInsurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion In case of a Life policy it is possible to withdraw from theobligation to contribute further premium by :-Correct Answer Surrendering the policy , Converting it into paid up policy ,Assigning it in the open marketYour Answer Surrendering the policy , Converting it into paid up policy ,Assigning it in the open marketMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Commercial banksSelect The BlankQuestion The term ________ refers to the act of a bank extending financeto the seller against a letter of credit.Correct Answer NegotiationYour Answer NegotiationMultiple Choice Multiple AnswerQuestion Functions of a Bank's H.O. include:-Correct Answer Liaison with RBI , Evolve Policies , Vigilance & ControlYour Answer Liaison with RBI , Evolve Policies , Vigilance & ControlMultiple Choice Multiple AnswerQuestion Bonds issued by institutions through SPVs to executeinfrastructure projects are :-Correct Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN


http://www.oqp.in/




Page 6Financial Institutions & Banking_18Nigam LtdYour Answer MSR Dev.Corporation , MKV Dev. Corporation. , SSN NigamLtdSelect The BlankQuestion GIC raises funds to meet claims from ________.Correct Answer Premium collectedYour Answer Premium collected!Multiple Choice Multiple AnswerQuestion Treasuries could be either those of the :-Correct Answer PSUs , Private Sector Cos. , Govt.bodiesYour Answer PSUs , Private Sector Cos. , Govt.bodiesMultiple Choice Multiple AnswerQuestion Under Project Finance Scheme IDBI provides assistance for :-Correct Answer New Projects , Renovation , ModernisationYour Answer New Projects , Renovation , ModernisationYahoo! for GoodClick here to donate to the Hurricane Katrina relief effort.YAHOO! GROUPS LINKSVisit your group "SCDL_PGDBA_Finance_2004" on the web.To unsubscribe from this group, send an email to:[email protected] use of Yahoo! Groups is subject to the Yahoo! Terms of Service.Page 7

Financial Institutions & Banking_20Select The Blank


http://www.oqp.in/




Question Kisan Vikas Patra are issued through ________.Correct Answer Post OfficesYour Answer Post OfficesMultiple Choice Single AnswerQuestion For a focus on the SSI Sector in 1986 IDBI created :-Correct Answer SIDFYour Answer SIDFMatch The FollowingQuestion Correct Answer Your AnswerCorporates RIL, HPCL RIL, HPCLNGOs CASP, CRY, PLAN CASP, CRY, PLANDFI IDBI, IFCI, ICICI IDBI, IFCI, ICICIPSUs NTPC, NHPC, Coal India NTPC, NHPC, Coal IndiaMultiple Choice Multiple AnswerQuestion DFHI was set up jointly by :-Correct Answer RBI , Banks , All India FisYour Answer RBI , Banks , All India Fis , SEBISelect The BlankQuestion In addition to IFCI and ________ the Soft Loan Schemefor modernisation is also undertaken by IDBI.Correct Answer ICICIYour Answer ICICIMultiple Choice Single AnswerQuestion The unorganised financial system includes :-Correct Answer Indigenous bankersYour Answer Indigenous bankersMultiple Choice Single AnswerQuestion Investment on a monthly basis and repayment on due dateis made in :-Correct Answer Recurring depositPage 1Financial Institutions & Banking_20Your Answer Term deposit accountMultiple Choice Multiple AnswerQuestion Tourism promotes :-Correct Answer Credit Card Business , International remittances ,


http://www.oqp.in/




Travellers' ChequesYour Answer Credit Card Business , International remittances ,Travellers' ChequesMultiple Choice Single AnswerQuestion A company issues CP to save on :-Correct Answer Interest costYour Answer TaxesMultiple Choice Single AnswerQuestion A current account where the customer can withdraw morethan the balance is :-Correct Answer OverdraftYour Answer OverdraftSelect The BlankQuestion AFC's membership consists of commercial, cooperativebanks and DFIs including ________.Correct Answer EXIM bankYour Answer EXIM bankMultiple Choice Multiple AnswerQuestion Functions of R.O. do not cover :-Correct Answer SLR/CRR maintenance , Liaison with RBI/IBA ,Issuing Lending PolicyYour Answer Liaison with RBI/IBA , Issuing Lending PolicySelect The BlankQuestion The ________ of NABARD covers release of refinancewithout prior sanction for refinance limit.Correct Answer ARSYour Answer CFSFSelect The BlankQuestion The ________ regulation makes the banks the largestinvestor in the GOI securities.Correct Answer SLRPage 2Financial Institutions & Banking_20


http://www.oqp.in/




Your Answer SLRMultiple Choice Multiple AnswerQuestion Post Offices are popular for mobilizing small savings ofthe public due to :-Correct Answer Wide network , Tax concessions , Saftey of fundsYour Answer Wide network , Tax concessions , Saftey of fundsTrue/FalseQuestion The SFCs also borrow from SIDBI & IDBI.Correct Answer FalseYour Answer TrueMultiple Choice Single AnswerQuestion SIDBI commenced its operations from :-Correct Answer April 2,1990Your Answer April 2,1990Multiple Choice Single AnswerQuestion The ultimate source of money in India is:-Correct Answer RBIYour Answer RBIMultiple Choice Single AnswerQuestion The organised financial system includes :-Correct Answer Commercial banksYour Answer Financial companiesMultiple Choice Multiple AnswerQuestion IDA lends to poor countries :-Correct Answer By borrowing from IBRD , By lending at 0%interest. , For periods up to ten yearsYour Answer By borrowing from IBRD , By lending at 0% interest. ,For periods up to ten yearsMultiple Choice Multiple AnswerQuestion The prominent Bond issuing PSU are :-Correct Answer MTNL , NTPC , SAILYour Answer MTNL , NTPC , SAILMatch The FollowingQuestion Correct Answer Your AnswerPage 3


http://www.oqp.in/




Financial Institutions & Banking_20Hill ,Tribal Area development Area Development Area DevelopmentAquaculture ,BrackishWater Fisheries FisheriesPloughing, weeding, transplantation Seasonal Agricultural OperationsIrrigation & DrainageMarket Yards, Storage &Warehousing Agricultural MarketingAgricultural MarketingTrue/FalseQuestion Small Savings are source of Capital Receipts for theGovernment.Correct Answer TrueYour Answer FalseMultiple Choice Multiple AnswerQuestion The financial Assistance provided by the IMF enablesmember countries to :-Correct Answer Rebuild resources , Stabilise currencies , Pay forimportsYour Answer Rebuild resources , Stabilise currencies , Undertakespecific projectsMultiple Choice Single AnswerQuestion Cetificate of deposit are issued by :-Correct Answer BanksYour Answer BanksMultiple Choice Single AnswerQuestion IDBI has helped in the establishment of :-Correct Answer EXIM BankYour Answer ICICISelect The BlankQuestion NHB at present has a ________ Capital of Rs. 350 crores.Correct Answer Paid-upYour Answer Paid-upTrue/False


http://www.oqp.in/




Page 4Financial Institutions & Banking_20Question The Capital of NABARD is subscribed byWorld Bank.Correct Answer FalseYour Answer FalseSelect The BlankQuestion In a Bank, the investment decisions are taken at________ level.Correct Answer Head OfficeYour Answer Head OfficeMultiple Choice Single AnswerQuestion RBI is also referred to as :-Correct Answer Apex BankYour Answer Apex BankMultiple Choice Multiple AnswerQuestion EXIM Bank can raise resources by:-Correct Answer Issuing bonds , Borrowing from RBI , Borrowingfrom International Financial InstitutionsYour Answer Borrowing from RBI , Borrowing from InternationalFinancial InstitutionsMultiple Choice Single AnswerQuestion PFC is committed to the integrated development of :-Correct Answer PowerYour Answer PowerTrue/FalseQuestion PFC has been persuading State Governments restructuringof their power sector to make them viable.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion SIDBI provides :-Correct Answer Refinance , Rediscounting of Bills , Financialsupport to SSIDC


http://www.oqp.in/




Your Answer Refinance , Financial support to SSIDC , Cash CreditfacilitiesTrue/FalseQuestion Under MIGA theWorld bank offers various forms ofPage 5Financial Institutions & Banking_20Political Insurance.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Other than Tourism, International funds remittancescomprise of :-Correct Answer Donations/Charity , Payments of Salaries ,Payments of RoyaltyYour Answer Payments of Royalty , Travel related paymentsTrue/FalseQuestion SCICI is a member of the OTCEI.Correct Answer TrueYour Answer FalseSelect The BlankQuestion HDFCs loans were linked up with________.Correct Answer Planned SavingsYour Answer Planned SavingsTrue/FalseQuestion A Bill of Exchange is negotiable.Correct Answer TrueYour Answer TrueTrue/FalseQuestion HDFC was set up by NHB.Correct Answer FalseYour Answer FalseSelect The BlankQuestion Mutual Funds provide the benefits of ________.Correct Answer Portfolio managementYour Answer Portfolio management


http://www.oqp.in/




True/FalseQuestion In case of T-Bills potential investors have to put incompetitive bids.Correct Answer TrueYour Answer TruePage 6Financial Institutions & Banking_20True/FalseQuestion Non bank financial institutions undertake fund and nonfund based activities.Correct Answer TrueYour Answer TrueMultiple Choice Multiple AnswerQuestion Functions of R.O. of a bank include :-Correct Answer Inspection/audit , Control on branches , Grantloans/advancesYour Answer Inspection/audit , Control on branches , Grantloans/advancesMultiple Choice Multiple AnswerQuestion Duties of an International Banking unit cover :-Correct Answer Handling foreign currency , Handling Doc.credits , Granting lines of CreditYour Answer Maintaining SLR/CRR , Handling foreign currency ,Handling Doc. credits , Granting lines of CreditSelect The BlankQuestion Secured Premium Notes are ________.Correct Answer DebenturesYour Answer DebenturesSelect The BlankQuestion Syndication involves ________ sanction.Correct Answer In principleYour Answer FundedPage 7


http://www.oqp.in/


Financial Institutions & Banking -Solved Assignment-001 (20 Papers)

Documents

Transcript of Financial Institutions & Banking -Solved Assignment-001 (20 Papers)