This quiz works best with JavaScript enabled. Home > Indian Economy > Banking > Indian Banking System And Capital Market – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Indian Banking System And Capital Market Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Ramesh deposited Rs. 200 per month for 36 months in a banks recurring deposite amount at the rate of 11% per annum, then the interest earned by him is A) Rs. 1200. B) Rs. 1220. C) Rs. 1222. D) Rs. 1221. Show Answer Correct Answer: D) Rs. 1221. 2. The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008] A) Self-Regulatory Organisations. B) Small Revenue Operators. C) Securities Roll-back Operators. D) Securities Regulatory Organisations. Show Answer Correct Answer: A) Self-Regulatory Organisations. 3. The Reserve Bank of India issues: A) All the currency notes. B) All the currency notes except the one rupee note. C) All the currency notes except the hundred rupee note. D) Only notes of Rs. 10 and above. Show Answer Correct Answer: B) All the currency notes except the one rupee note. 4. Who amongst the following was never a Governor of the RBI ? [SBI Associates Clerk 2011] A) Y. V. Reddy. B) Arup Roy Choudhury. C) C. Rangarajan. D) D. Subbarao. Show Answer Correct Answer: B) Arup Roy Choudhury. 5. Indian GST model has ..... rate structure A) 3. B) 4. C) 5. D) 6. Show Answer Correct Answer: B) 4. 6. Which one of the following Indian banks is not a nationalized bank? [IAS 2006] A) Corporation Bank. B) Dena Bank. C) Federal bank. D) Vijaya Bank. Show Answer Correct Answer: C) Federal bank. 7. Which Anti Virus is being used in Our Bank? A) Norton. B) Symantec. C) McAfee. D) Quick Heal. Show Answer Correct Answer: C) McAfee. 8. How many languages are supported by Vyom app? A) 13. B) 11. C) 10. D) 12. Show Answer Correct Answer: A) 13. 9. A payment made periodically to a landlord for the use of property for a specific period of time is called: A) Rent. B) Profit. C) Interest. D) Royalty. Show Answer Correct Answer: A) Rent. 10. Which of the following item is not a component of 'Operating Surplus'? A) Royalty. B) Bonus. C) Interest. D) Rent. Show Answer Correct Answer: B) Bonus. 11. How do we define the terms bull and bear with regard to stock markets? A) A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price. B) There is nothing significantly different as both operate in the capital market. C) Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up. D) A bull is ready to buy any share; a bear only deals in government securities. Show Answer Correct Answer: A) A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price. 12. State bank of india started merchant banking in ..... followed by icici in ..... A) 1980, 1981. B) 1978, 1980. C) 1973, 1974. D) None of above. Show Answer Correct Answer: C) 1973, 1974. 13. In 1921, the Presidency Banks of Bengal, Madras and Bombay were nationalised to give birth to: A) Punjab National Bank. B) Syndicate Bank. C) State Bank of India. D) Punjab and Sindh Bank. Show Answer Correct Answer: C) State Bank of India. 14. Which of the following is not a type of Risk in banking Sector A) Credit Risk. B) Market Risk. C) Liquidity Risk. D) Account Risk. Show Answer Correct Answer: D) Account Risk. 15. In India, the first bank of limited liability managed by Indians and founded in 1881 was: A) Hindustan Commercial Bank. B) Oudh Commercial Bank. C) Punjab National Bank. D) Punjab and Sind Bank. Show Answer Correct Answer: B) Oudh Commercial Bank. 16. What is the minimum amount that can be transferred through NEFT? A) ₹ 1 LAKH. B) ₹ 10 LAKHS. C) ₹ 15 LAKHS. D) ₹ 2 LAKHS. Show Answer Correct Answer: A) ₹ 1 LAKH. 17. Merchant Bank can not provide loan to individuals and small business A) True. B) False. Show Answer Correct Answer: A) True. 18. Category 1 of merchant banker can act as: ..... A) All issue management functions. B) Underwriter. C) Consultant. D) None of above. Show Answer Correct Answer: A) All issue management functions. 19. A merchant banking is a financial institutions conducting money market activities and a lending A) Underwriting and financial advice. B) Investment service. C) All of above. D) None of above. Show Answer Correct Answer: C) All of above. 20. Why is the offering of "teaser loans" by commercial banks a cause of economic concern?1. The teaser loans are considered to be an aspect of sub-prime lending and banks may be exposed to the risk of defaulters in future.2. In India, the teaser loans are mostly given to inexperienced entrepreneurs to set up manufacturing or export units.Which of the statements given above is/are correct? A) 1 only. B) 2 only. C) Both 1 and 2. D) Neither 1 nor 2. Show Answer Correct Answer: C) Both 1 and 2. ← 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 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books