This quiz works best with JavaScript enabled. Home > Indian Economy > Banking > Indian Banking System And Capital Market – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Banking System And Capital Market Quiz 10 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. When the cash reserve ratio (CRR) is increased by the RBI, it will: A) Increase the supply of money in the economy. B) Decrease the supply of money in the economy. C) No impact on the supply of money in the economy. D) Initially increase the supply but later on decrease automatically. . Show Answer Correct Answer: B) Decrease the supply of money in the economy. 2. Negotiable Instrument Act came into effect in the year ..... A) 1881. B) 1885. C) 1869. D) 1911. Show Answer Correct Answer: A) 1881. 3. Which of the following organisations prepare rural credit plans on annual basis for all districts in India, which in turn form the base for annual credit plans of all rural financial institutions? [RBI Grade B Officer 2011] A) SIDBI. B) NABARD. C) RBI. D) Indian Bank's Association. Show Answer Correct Answer: B) NABARD. 4. In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India? A) 1976. B) 1979. C) 1980. D) 1982. Show Answer Correct Answer: C) 1980. 5. On merging the 3 presidency banks i.e. Bank of Bengal, Bombay and Madras, which bank was established? A) SBI. B) RBI. C) Imperial Bank of India. D) Central Bank of India. Show Answer Correct Answer: C) Imperial Bank of India. 6. Open market operations of a Central Bank are sale and purchase of: A) Foreign currencies. B) Corporate securities. C) Trade bills. D) Government securities. Show Answer Correct Answer: C) Trade bills. 7. All calculations in Recurring Deposite Account are based on A) Simple Interest. B) Compound Interest. C) Both Option Simple and Compond Interest. D) Time. Show Answer Correct Answer: A) Simple Interest. 8. Merchant banks deal with funds raised through ..... and capital market. A) Secondary Market. B) Primary Market. C) Money market. D) Securities market. Show Answer Correct Answer: C) Money market. 9. Which of the following is now a punishable offence by a Bank Account holder ? [Bank PO 1990] A) If a cheque is not crossed. B) If a post-dated cheque is issued. C) If a cheque drawn by him is dishonoured for insufficiency of funds in his account. D) Issuing a cheque without signature. Show Answer Correct Answer: C) If a cheque drawn by him is dishonoured for insufficiency of funds in his account. 10. Microfinance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are:1. Credit facilities2. Savings facilitie 3. Insurance facilities 4. Fund Transfer facilitiesSelect the correct answer using the codes given below the lists: A) 1 only. B) 1 and 4 only. C) 2 and 3 ony. D) 1, 2, 3 and 4. Show Answer Correct Answer: D) 1, 2, 3 and 4. 11. The RBI has regional offices at various places. At which of the following places it does not have an office? [RBI Grade B Officer 2011] A) Kota. B) Nagpur. C) Lucknow. D) Panaji. Show Answer Correct Answer: A) Kota. 12. Medicine supply to the Earthquake victim in India by British Government is: A) Factor Income. B) Capital Transfer. C) Net Factor Income from Abroad. D) Current transfer. Show Answer Correct Answer: D) Current transfer. 13. Which among the following is not among the 4 E's of Payments Vision 2025? A) E-Payments. B) Everytime. C) Everyone. D) E-Rupee. Show Answer Correct Answer: D) E-Rupee. 14. A Scheduled Bank is one which is included in the: [CPO SI 2002] A) II Schedule of Banking Regulation Act. B) II Schedule of Constitution. C) II Schedule of Reserve Bank of India Act. D) None of the above. Show Answer Correct Answer: A) II Schedule of Banking Regulation Act. 15. I'm a promise of payment, written with care, Bearer or Order, the choice you declare. Cross me and guard me, don't let me stray. A) Cheque. B) Demand Draft. C) Pay-in-slip. D) NEFT. Show Answer Correct Answer: A) Cheque. 16. Which of the following is at the apex of Industrial Finance in India? [UDC 1995] A) Industrial Finance Corporation. B) Reserve Bank of India. C) Industrial Development Bank of India. D) Industrial Credit and Investment Corporation of India. Show Answer Correct Answer: C) Industrial Development Bank of India. 17. What is the mandate of the KV Kamath Committee formed by the Reserve Bank of India? A) Financial parameters for restructuring of loans. B) Forex Reserve Management. C) Potential impact of COVID-19 pandemic on MSME credit. D) Monetary Policy Framework Targets . Show Answer Correct Answer: A) Financial parameters for restructuring of loans. 18. ..... are the source of finance, which is provided by the banks to the companies to meet the short-term financial requirement. A) Loans. B) Bills. C) Advances. D) Credits. Show Answer Correct Answer: A) Loans. 19. The Reserve Bank of India (RBI) acts as a bankers' bank. This would imply which of the following? (2012)1. Other banks retain their deposits with the RBI.2. The RBI lends funds to the commercial banks in times of need.3. The RBI advises the commercial banks on monetary matters.Select the correct answer using the codes given below: A) 2 and 3 only. B) 1 and 2 only. C) 1 and 3 only. D) 1, 2 and 3. Show Answer Correct Answer: D) 1, 2 and 3. 20. In NEFT, when are the settlement batches typically processed on weekdays? A) Every Hour. B) Half-hourly intervals. C) Hourly intervals. D) Daily, at a fixed time. Show Answer Correct Answer: B) Half-hourly intervals. ← PreviousNext →Related QuizzesIndian Economy QuizzesIndian Banking System And Capital Market Quiz 1Indian Banking System And Capital Market Quiz 2Indian Banking System And Capital Market Quiz 3Indian Banking System And Capital Market Quiz 4Indian Banking System And Capital Market Quiz 5Indian Banking System And Capital Market Quiz 6Indian Banking System And Capital Market Quiz 7Indian Banking System And Capital Market Quiz 8Indian Banking System And Capital Market Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books