Banking and Financial Institutions MCQ Questions and Solutions with Explanations

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Banking and Financial Institutions MCQ Questions and answers with easy and logical explanations. Commerce provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Banking and Financial Institutions MCQ is important for exams like B.COM, M.COM, BBA, BBM, CA, CS, CMA, CPA, CFA, UPSC, NET, Banking and other commerce department exam. Page-10 section-10

Each section contains 100 MCQs on Banking and Financial Institutions .

Open Market operations are part of

A) Income policy B) Fiscal policy C) Labour policy D) Credit policy

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Which option gives the holder the right, but not the obligation to buy an asset by a certain date for a certain price?

A) Put B) ITM C) OTM D) Call

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Prospectus issued by a company is to be vetted and approved by the SEBI. This, however, does not mean that

A) disclosures are adequate as per it guidelines B) project proposal has been presented in conformity with its guidelines C) disclosures are adequate to take an informed decision by investors D) project proposal is sound or satisfactory

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Annual report on currency and finance is published by

A) SIDBI B) RBI C) Ministry of Finance D) None of these

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Which of the following is not included in government securities:

A) Promissory Notes B) Debentures C) Bearer Bonds D) All of these

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

Which one of the following does not belong to the main products of life insurance?

A) Term B) Whole life C) Endownment D) Personal accident insurance

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Which of the following form is designed to be used by many different insurers and has exactly the same provisions?

A) Guaranteed replacement form B) Standard insurance form C) Standard endorsement form D) Standard policy form

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

Normally the general budget of the country is presented in the parliament by

A) Prime Minister B) Chairperson C) Finance Minister D) President

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Imperial Bank was established on 27^th January, 1921 on the advice of:

A) J. M. Keynes B) Lord Illingworth C) King George V D) Winston Churchill

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

100

Which of the following committees is intended to review the working of the monetary system in India?

A) Narasimham Committee B) Tandon Committee C) Sukhamoy Chakravarty Committee D) Dehejia Committee

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

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Banking and Financial Institutions MCQ Questions and Solutions with Explanations | Commerce