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Indian Banking System And Capital Market Quiz 1 (25 MCQs)

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1. Sangita deposited Rs. 80 per month in a cumulative deposite account for six yerars at the rato of 6% per annum, then the account she gets on maturity is

2. State whether the statement will be included in estimating the Domestic Income:-Salaries to Indians working in Japanese Embassy in India.

3. Full form of FERA

4. Private Sector Mutual Funds in India were permitted in [UP PCS 2011]

5. In order to be scheduled to the Reserve Bank of India, a bank should have capital and reserve of not less than:

6. Union Bank ATM at highest altitude is situated at

7. Bank is a _____ organisation which accepts deposits that can be withdrawn on demand.

8. The tax which is imposed on the profit of corporate is known as:

9. As per the reports published- in various journals and newspapers the 'small borrowers' in rural areas still prefer to take informal route for their credit needs. Which of the following is the 'informal route' of credit in financial sector? [Punjab & Sindh Bank 2011]

10. The first three digits of MICR code represents?

11. What are gilt-edged securities?

12. Which banks do not accept deposits?

13. RBI Act was passed in _____

14. All of the following are subsidiaries of the State Bank of India, except:

15. How many key elements are there in KYC policy?

16. Which of the following is not an affiliate of the Reserve Bank of India?

17. Electronic vehicles now come under priority lending sector

18. Income earned through entrepreneurship is called:

19. When was SEBI constituted?

20. Which of the following item is not a component of profit?

21. In which year was the major nationalization of banks in India carried out?

22. Which fund transfer system is known for its batch processing and is commonly used for salaries, dividends, and bulk transactions?

23. Which of the following is called a 'banker's cheque' ? [CDS 2002]

24. Which among the following steps is most likely to be taken at the time of an economic recession?

25. Chairman of SEBI is appointed for a period of

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Indian Banking System And Capital Market Quiz 1 (25 MCQs)

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