91
Match the following.
List-I (Mutual Fund Schemes)List-II (Characteristics)
a. Open-ended mutual fund schemes
1. It offers capital appreciation of the underlying investment.
b. Close-ended mutual fund scheme
2. It is a fund accepted and liquidated on a continuous basis by a mutual fund manager.
c. Growth fund scheme
3. It is also known as regional or country fund.
d. Off-shore mutual fund
4. No exit possible till the closure of the scheme.
A)
a-2, b-1, c-4, d-3
B)
a-3, b-4, c-1, d-2
C)
a-2, b-4, c-1, d-3
D)
a-3, b-1, c-4, d-2
Answer & Solution
Answer: Option
C
92
Which of the following dates was suggested by Nachiket Mor Committee that was set up by RBI for issuing vision statements?
A)
Bank account for every citizen by 2016
B)
Bank account for every resident by 2018
C)
Bank account for every BPL by 2018
D)
Bank account for every resident by 2016
Answer & Solution
Answer: Option
A
93
Which of the following statements are correct in context of IFCI?
A)
IDBI, Scheduled banks, insurance companies, investment trusts and co-operative banks are the shareholders of IFCI
B)
IFCI is authorized to issue bonds and debentures in the open market, to borrow foreign currency from the World Bank and other organizations,
accept deposits from the public and also borrow from the RBI
C)
IFCI provides Soft Loan Assistance, Entrepreneur Development Programme, Industrial Development in Backward Area stypes of aids to industry
D)
All of the above
Answer & Solution
Answer: Option
D
94
In which year SARFAESI Act came into existence?
A)
1999
B)
2000
C)
2001
D)
2002
Answer & Solution
Answer: Option
D
95
"Money is a standard for deferred payments." This function of money comes in the category of:
A)
primary function
B)
secondary function
C)
contingent function
D)
other function
Answer & Solution
Answer: Option
B
96
The Indian banking sector is facing the problem of heavy NPAs. Which among the following industries has contributed least to the level of NPAs?
A)
Realestate sector
B)
Iron and steel
C)
Software and BPO
D)
Infrastructural development
Answer & Solution
Answer: Option
C
97
Which of the following assumes the counterparty risk of each member and guarantees financial settlement?
A)
SEBI
B)
Central Depository Services Ltd. (CDSL)
C)
The National Depository Services Ltd. (NSDL)
D)
The National Securities Clearing Corporation Ltd. (NSCCL)
Answer & Solution
Answer: Option
D
98
Nationalised banks have been permitted to offer their equity shares to the public to the extent of 49% of their capital as per amendments made in 1994 in
A)
Banking Regulation Act, 1949
B)
Banking Companies (Acquisition and Transfer of Undertakings) Acts, 1970/1980
C)
Both A and B
D)
None of the above
Answer & Solution
Answer: Option
B
99
Inflation will benefits the most
A)
Merchant class
B)
Consumer class
C)
Salaried class
D)
All of these
Answer & Solution
Answer: Option
A
100
Which of the following sets out concisely the information about the scheme that a prospective investor ought to know before investing?
A)
Scheme source document
B)
Scheme information book
C)
Scheme document
D)
Scheme information document
Answer & Solution
Answer: Option
D
