Banking and Financial Institutions MCQ Questions and Solutions with Explanations | Commerce
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-6 section-1
Each section contains 100 MCQs on
Banking and Financial Institutions .
A Company undergoing the process of Initial Public Offering has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospect with the registrar of Companies.
What kind of information does this document should it provide?
1. Financial details about the company
2. Price and size of offerings
3. Products details
4. Objects of raising money
Select the above correct statements.
Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.
Which among the following is not true with regard to merchant banker?
1. It can accept deposits.
2. It can advance loans.
3. It can do other banking activities.
4. It can be managed to a public issue.
Select the correct answer:
With a view to encourage newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, IDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs. This scheme is known as
