Banking and Financial Institutions MCQ Questions and Solutions with Explanations

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-8 section-2

Match List-I (committee) with List-II (subject) and select the correct answer:

List-I (Committee)	List-II (Subject)
a. Tandon Committee	1. Capital financing
b. Rakesh Mohan Committee	2. Infrastructure development
c. Narsimhan Committee	3. Financial sector reforms
d. Omkar Goswami Committee	4. Industrial sickness

A) a-1, b-3, c-2, d-4 B) a-4, b-2, c-3, d-1 C) a-1, b-2, c-3, d-4 D) a-4, b-3, c-2, d-1

Discuss

Answer & Solution

Answer: Option C

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

Which one of the following statement(s) is/are incorrect?

A) For computation of Tier I capital, intangible assets and losses in the current period and those brought forward from previous year, should be deducted from Tier I capital B) Any gain or loss arising at the time of securitisation of standard assets, if recognised, should be deducted from Tier I capital C) Securitisation exposures shall be deducted from regulatory capital and the deduction must be made 50% from Tier I and 50% from Tier II capital D) All of the above

Discuss

Answer & Solution

Answer: Option C

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

Which condition of the following is shown by improvement in regular declining price level?

A) Inflation B) Deflation C) Reflation D) None of the above

Discuss

Answer & Solution

Answer: Option C

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

From which date, banks were allowed free to fix base rates by RBI?

A) 1^st April, 2011 B) 1^st April, 2012 C) 1^st April, 2013 D) None of these

Discuss

Answer & Solution

Answer: Option A

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

Profitable investment of a Commercial bank includes

A) Money at call and short notice B) Discounting of bills C) Treasury bills D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

Which of the following statements is the best explanation of how insurance allows a company to manage risk?

A) By avoiding risk B) Modifying risk C) By preventing risk D) Transferring risk

Discuss

Answer & Solution

Answer: Option D

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

Balance of Trade of a country is equivalent to:

A) difference between the Inward and Outward remittances made in foreign exchange B) surplus generated shown in a Trading Account C) difference between exports and imports D) None of the above

Discuss

Answer & Solution

Answer: Option C

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

Which of the following is maintained by NSE to make good investor claims, which may arise out of non-settlement of obligations by the trading member, who has been declared defaulter, in respect of trades executed on the exchange.

A) Investor Education and Reimbursement Fund (lERF) B) Investor Reimbursement Fund (IRF) C) Investor Education and Protection Fund (lEPF) D) Investor Protection Fund (IPF)

Discuss

Answer & Solution

Answer: Option D

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

Money spread is due to-

A) Excess money issue B) Decrease in production C) Budget deficit D) All of the above

Discuss

Answer & Solution

Answer: Option D

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

The Monopolistic and Restrictive Trade Practices Act (MRTP) came into force from the year:

A) 1949 B) 1959 C) 1969 D) 1970

Discuss

Answer & Solution

Answer: Option D

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