This quiz works best with JavaScript enabled. Home > Indian Economy > Banking > Indian Banking System And Capital Market – Quiz 16 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Banking System And Capital Market Quiz 16 (16 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The price of any currency in international market is decided by the1. World Bank2. demand for goods/services provided by the country concerned3. stability of the government of the concerned country4. economic potential of the country in questionWhich of the statements given above are correct? A) 1, 2, 3 and 4. B) 2 and 3 only. C) 3 and 4 only. D) 1 and 4 only. Show Answer Correct Answer: B) 2 and 3 only. 2. What is the primary duty of a banker in the banker-customer relationship? A) Maximizing profits for the bank. B) Safeguarding customer's interests and funds. C) Promoting government policies. D) Providing investment advice. Show Answer Correct Answer: B) Safeguarding customer's interests and funds. 3. State the formula of National Income at Factor Cost A) National Income at Market Price $-$. B) National Income at Market Price + Indirect Tax. C) National Income at Market Price $-$. D) National Income at Market Price $\times$. Show Answer Correct Answer: A) National Income at Market Price $-$. 4. In some parts of India, farmers face acute distress because of heavy burden of debt from non-institutional renders. Who can be called a non-institutional lender? [RBI Grade B Officer 2011] A) Small Banks. B) Grameen Banks. C) Micro Finance Institutions. D) Money Lenders. Show Answer Correct Answer: D) Money Lenders. 5. In India, which of the following have the highest share in the disbursement of credit to agriculture and allied activities? [CSAT 2011] A) Commercial Banks. B) Cooperative Banks. C) Regional Rural Banks. D) Microfinance Institutions. Show Answer Correct Answer: A) Commercial Banks. 6. Among the following, which one is not a credit rating agency operating in India? A) CRISIL. B) ICRA. C) Dow Jones. D) CARE. Show Answer Correct Answer: C) Dow Jones. 7. In a Recurring Deposite Account, if P = Rs. 600; M.V. = Rs. 24930; r = 10% per annum, then the time (in years) for which the account is held will be ..... A) 1 year. B) 2 years. C) 3 years. D) 4 years. Show Answer Correct Answer: C) 3 years. 8. EXIM Bank was set-up in : A) 1980. B) 1982. C) 1985. D) 1986. Show Answer Correct Answer: B) 1982. 9. Which of the following is not a security measure implemented by RBI for digital payments in India? A) Two-factor authentication. B) Tokenization. C) Cashback offers. D) Biometric authentication. Show Answer Correct Answer: C) Cashback offers. 10. Which two of the following nationalized banks have been merged as per the recommendation of the Narsimhan Committee? [NDA 1995] A) New Bank of India and Bank of India. B) Central Bank of India and Corporation Bank. C) Parur Bank of India and Bank of India. D) Punjab National Bank and New Bank of India. Show Answer Correct Answer: D) Punjab National Bank and New Bank of India. 11. Consequent 'upon the recommendations of the Working Group on Rural Banks, 5 Rural Regional Banks were initially set up in the year [CPO SI 2010] A) 1973. B) 1974. C) 1975. D) 1976. Show Answer Correct Answer: C) 1975. 12. The main difference between shares and debentures is : A) Debentures can only be issued after shares. B) Shareholders receive dividend on shares whereas debenture holders receive interest on debentures. C) Debentures can be partly converted into shares whereas shares cannot be converted into debentures. D) Shareholders are the owners of the company whereas debenture holders are the creditors of the company. Show Answer Correct Answer: D) Shareholders are the owners of the company whereas debenture holders are the creditors of the company. 13. Maximum investment limit in SCSS? A) 15 lakhs. B) 30 lakhs. C) 20 lakhs. D) 25 lakhs. Show Answer Correct Answer: B) 30 lakhs. 14. What does CTS-2010 stand for in the context of cheques? A) Cheque Truncation System-2010. B) Centralized Transaction Service-2010. C) Clearinghouse Tracking System-2010. D) Cheque Transfer System-2010. Show Answer Correct Answer: A) Cheque Truncation System-2010. 15. Which type of account offers the highest returns? A) A savings account. B) Basic account. C) A money market account. D) All of the above. Show Answer Correct Answer: C) A money market account. 16. Banks and companies worldwide utilize securities ..... to identify, uniquely, their stocks, bonds and other securities A) Securities identification numbers (ISIN). B) Inter identification numbers (ISIN). C) Intra identification numbers (ISIN). D) Indispensible identification numbers (ISIN). Show Answer Correct Answer: A) Securities identification numbers (ISIN). ← PreviousRelated 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