This quiz works best with JavaScript enabled. Home > Indian Economy > Banking > Indian Banking System And Capital Market – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Banking System And Capital Market Quiz 4 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. RBI may collect from the merchant bankers an initial authorisation fee, an annual fee and renewal fee. A) True. B) False. Show Answer Correct Answer: B) False. 2. The lead merchant bankers under category shall accept a minimum underwriting of ..... A) 20%. B) 0.25%. C) 100%. D) 5%. Show Answer Correct Answer: D) 5%. 3. Full form and Functions of IMFa A) International Marginalised Focus:to provide relief to marginalised people. B) Indian Mutual Funds:to provide people with details about latest trends so as to invest. C) Immigration Money Funding:to provide funding for immigrants. D) International Monetary Fund:overseeing economies, lending countries, and develop them. Show Answer Correct Answer: D) International Monetary Fund:overseeing economies, lending countries, and develop them. 4. Consider the following statements about SEBI:1. Protection of the interest of investors.2. SEBI is the not constitutional institution.3. The regulation and development of securities market.4. Registering the collective investment plans of mutual funds and its regulation A) 1 and 2. B) 2 and 3. C) All the above. D) Only 2. Show Answer Correct Answer: C) All the above. 5. What is the CASA % of Union Bank as on 31.03.2023? A) 36.52%. B) 35.62%. C) 32.65%. D) 35.42%. Show Answer Correct Answer: B) 35.62%. 6. Which of the following correctly define India's Foreign Exchange rate system? A) Fixed. B) Free float. C) Managed float. D) Fixed target of band. Show Answer Correct Answer: C) Managed float. 7. Consider the following statements regarding the EASE 2.0 Index:1. It provides Public Sector Banks a comparative evaluation showing where banks stand on the Reforms Agenda.2. It has been released by the NITI Aayog.Which of the statements given above is/are correct? A) 1 ONLY. B) 2 ONLY. C) BOTH 1 & 2. D) NEITHER 1 NOR 2 . Show Answer Correct Answer: A) 1 ONLY. 8. The central banking functions in India are performed by the: [CPO AC 2003] A) Central Bank. B) State Bank of India. C) Reserve Bank of India. D) Both B and C. Show Answer Correct Answer: C) Reserve Bank of India. 9. Which among the following is not a joint venture of our bank? A) India International Bank (BHD) Malaysia. B) Union Asset Management Co. Pvt. Ltd. C) Star Union Dai-chi LifeInsurance Co. Ltd. D) ASREC India Ltd. Show Answer Correct Answer: B) Union Asset Management Co. Pvt. Ltd. 10. Micro Credit or Micro Finance is a novel approach to the bank with Poor.In this approach bank credit is extended to the poor through A) SHG. B) Aganwadees. C) Credit Societies. D) RBI. Show Answer Correct Answer: A) SHG. 11. RBI publishes the Digital Payments Index at ..... frequency? A) Semi-Annually. B) Monthly. C) Yearly. D) Weekly. Show Answer Correct Answer: A) Semi-Annually. 12. When and where did the modern system of banking begin? A) Bank Of Bengal 1890. B) Bank of mumbai 1857. C) Madras national bank 1809. D) Bank of Bengal 1809. Show Answer Correct Answer: D) Bank of Bengal 1809. 13. ECS is commonly used for the bulk transfer of funds for which of the following purposes? A) Online shopping. B) Salary payments. C) Cash withdrawals. D) Account balance inquiries. Show Answer Correct Answer: B) Salary payments. 14. Which of the following is not in intermediate goods for a farmer? A) Seeds. B) Fertilizers. C) Tractor. D) All of these. Show Answer Correct Answer: C) Tractor. 15. Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets Rs. 1200 as interest at the time of maturity, Find:1. The monthly installment2. the amount of maturity A) 1. 8002. 20, 400. B) 1. 12002. 20, 400. C) 1. 9002. 20, 100. D) 1. 10002. 20, 200. Show Answer Correct Answer: A) 1. 8002. 20, 400. 16. Merchant banking activities was originated with the merchant banking division set by A) Yes bank. B) Grinds bays bank. C) None of the above. D) None of above. Show Answer Correct Answer: B) Grinds bays bank. 17. Fill in the blanks:When the goods/srvices are sold for Rs. 15, 000 under intra-state transaction from station A to station B and the rate fo GST is 12% as per GST systemS.P. at station A =?CGST & SGST =?C.P. at station B =?If Profit = Rs. 5000, then S.P. at station B =?GST =?C.P. at station C =? A) S.P. at station A = 15000CGST & SGST = Rs. 900 for bothC.P. at station B = 12000S.P. at station B = 20000GST = 2400C.P. at station C = 25000. B) S.P. at station A = 15000CGST & SGST = Rs. 900 for bothC.P. at station B = 12000S.P. at station B = 20000GST = 2400C.P. at station C =20000. C) S.P. at station A = 15000CGST & SGST = Rs. 900 for bothC.P. at station B = 15000S.P. at station B = 20000GST = 2400C.P. at station C = 20000. D) S.P. at station A = 12000CGST & SGST = Rs. 1800 for bothC.P. at station B = 12000S.P. at station B = 25000GST = 1200C.P. at station C = 25000. Show Answer Correct Answer: C) S.P. at station A = 15000CGST & SGST = Rs. 900 for bothC.P. at station B = 15000S.P. at station B = 20000GST = 2400C.P. at station C = 20000. 18. Which one of the following is not a feature of Limited Liability Partnership firm? [IAS 2010] A) Partners should be less than 20. B) Partnership and management need not be separate. C) Internal governance may be decided by mutual agreement among partners. D) It is a corporate body with perpetual succession. Show Answer Correct Answer: A) Partners should be less than 20. 19. SODEXO meal coupons/ card is categorised as ..... Prepaid Payment Instrument? A) Closed. B) Semi-closed. C) Open. D) Semi-open. Show Answer Correct Answer: B) Semi-closed. 20. What is the maximum number of addresses that can be added in CIF ID? A) 2. B) 3. C) 5. D) 7. Show Answer Correct Answer: D) 7. ← 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 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 9Indian Banking System And Capital Market Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books