This quiz works best with JavaScript enabled. Home > Indian Economy > Banking > Indian Banking System And Capital Market – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Banking System And Capital Market Quiz 12 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. GST rates applicable on goods and services are: A) 0%, 5%, 12%, 18%, 26%. B) 0%, 6%, 12%, 18%, 28%. C) 0%, 5%, 12%, 18%, 28%. D) 0%, 5%, 12%, 16%, 28%. Show Answer Correct Answer: C) 0%, 5%, 12%, 18%, 28%. 2. Lead of merchant banker should advice the issuer to enter into ..... intermediary for the purpose of issue management. A) Agreement. B) Arrangement. C) Memorandam of association. D) None of above. Show Answer Correct Answer: C) Memorandam of association. 3. What is the central bank in the United States called? A) Federal Reserve. B) Federal Reserve board. C) Reserve bank of America. D) Bank of America. Show Answer Correct Answer: A) Federal Reserve. 4. ..... is regarded as the fourth element of the financial system. A) Financial services. B) Financial markets. C) Financial institutions. D) Financial instruments. Show Answer Correct Answer: A) Financial services. 5. Financial services companies exclude: ..... A) Sole proprietor. B) Inurance companies. C) Co-operative Banks. D) Commercial banks. Show Answer Correct Answer: A) Sole proprietor. 6. IFRS refers to A) International finanacial reporting standards. B) Indian finanacial reporting standards. C) Institutional financial reporting standarsd. D) None of the above. Show Answer Correct Answer: A) International finanacial reporting standards. 7. Select the leading bank in banking sector A) IDBI. B) BANDHAN. C) HDFC. D) Bank of Maharashtra. Show Answer Correct Answer: C) HDFC. 8. Retail banking means A) Wholesale banking. B) Banking for individuals. C) Banking for corporates. D) Retail Outlets. Show Answer Correct Answer: B) Banking for individuals. 9. Who appoints the chairman of SEBI? A) Central Government. B) Stock Exchange. C) Brokers. D) Investors. Show Answer Correct Answer: A) Central Government. 10. OCRM stands for A) Operational Consumer Relationship Management. B) Operational Customer Relative Management. C) Operational Customer Relationship Management. D) Organization Customer Relationship Management. Show Answer Correct Answer: C) Operational Customer Relationship Management. 11. What do you understand by Bear raid? A) An attempt to bring down the price of strong short selling. B) Simulataneous buying of shares and debentures in view of getting more values in near future. C) Higher rate of price paid for the particular government share or debentures. D) Any of the above. Show Answer Correct Answer: A) An attempt to bring down the price of strong short selling. 12. The best way, a bank can avoid loss is to : A) Lend only to individuals known to the bank. B) Accept sound collateral. C) Give only short-term loans. D) Lend only to bank's old customers. Show Answer Correct Answer: A) Lend only to individuals known to the bank. 13. Which one of the following statements is not correct? [CDS 2009] A) The National Association of Securities Dealers Automated Quotations known as NASDAQ, is an American stock exchange. B) Nikkei is the stock market index for the Tokyo Stock Exchange. C) S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange. D) Hang Seng Indexes record daily changes of the largest companies of the Hong Kong stock market. Show Answer Correct Answer: C) S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange. 14. When was the Reserve Bank of India (RBI) established? A) 1929. B) 1935. C) 1947. D) 1951. Show Answer Correct Answer: B) 1935. 15. Transfer income is: A) One side payment. B) Factor payment. C) Factor income. D) Mixed Income. Show Answer Correct Answer: A) One side payment. 16. A rapid increase in the rate of inflation is sometimes attributed to the "base effect" . What is "base effect" ? A) It is the impact of drastic deficiency in supply due to failure of crops. B) It is the impact of the surge in demand due to rapid economic growth. C) It is the impact of the price levels of previous year on the calculation of inflation rate. D) None of the statements (a), (b) and (c) 'given above is correct in this context. Show Answer Correct Answer: C) It is the impact of the price levels of previous year on the calculation of inflation rate. 17. Which of the following is true regarding RTGS transactions? A) They have no upper limit. B) They are typically used for small-value transactions. C) They are not available on weekends and bank holidays. D) They involve batch processing. Show Answer Correct Answer: A) They have no upper limit. 18. Power to recognize Stock Exchange vests with A) SEBI. B) RBI. C) Central Government. D) SIDBI. Show Answer Correct Answer: A) SEBI. 19. Which of the following provides the largest part of the demand for loanable funds in India? A) Farmers. B) Private-house purchasers. C) Corporate businesses. D) Hire-purchase borrowers. Show Answer Correct Answer: C) Corporate businesses. 20. Which is not a Banking Stock A) Yes Bank. B) No Bank. C) Bank of America. D) Bank of India. Show Answer Correct Answer: B) No Bank. ← 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