Indian Banking System And Capital Market Quiz 6 (20 MCQs)

Quiz Instructions

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1. The balance of payments of a country is a systematic record of

Correct Answer: A) All import and transactions of a during a given period normally a year.

2. ..... operates in inter bank call money market.

Correct Answer: D) Financer house of India.

3. Functional of financial services exclude: .....

Correct Answer: B) Collection Tax.

4. Old age pension given by Government of India comes under:

Correct Answer: C) Current Transfer.

5. The early growth of merchant banking in the country is assigned to the

Correct Answer: A) Foreign exchange regulations act 1973.

6. The Securities and Exchange Board of India was not entrusted with the function of

Correct Answer: D) Improving the earning of equity holders.

7. Central banking and merchant banking both involve the provision of financial service and advice.

Correct Answer: B) False.

8. ..... is an institution that deal with money and credit.

Correct Answer: B) Bank.

9. Nationalisation of banks was done with the purpose of:

Correct Answer: C) Consolidating the economy.

10. Indian Oversees Bank sponsers Tamilnadu Grama Bank

Correct Answer: B) False.

11. ..... covers the entire range of services provided by a merchant banker.

Correct Answer: A) Cooperate counselling.

12. Which financial body has asked intermediaries and companies to make regulatory payments in digital mode?

Correct Answer: A) SEBI.

13. Relationship of the banker and the hirer in case of safe deposit lockers is .....

Correct Answer: A) Licensor & licensee.

14. Which of the following is the Banker of the Banks? [Railways 1995]

Correct Answer: C) RBI.

15. Which of the following combinations is correct? [IFS 1989]

Correct Answer: D) RRB-Agricultural finance.

16. For auto sweep in SB PLUS minimum threshold balance is RS .....

Correct Answer: C) 35, 000.

17. Which of the following is the apex institution which handles refinance for agriculture and rural development in India?

Correct Answer: C) NABARD.

18. To prevent recurrence of scams in Indian Capital Market, the Government has assigned regulatory powers to: [IAS 1995]

Correct Answer: C) SEBI.

19. Under GST, 'value addition' refers to

Correct Answer: A) Expenses 'Plus Profit'.

20. Which type of cheque is payable to the person whose name is written on the face of the cheque?

Correct Answer: B) Order Cheque.