Banking and Financial Institutions MCQ Questions and Solutions with Explanations

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9 Section 10 Section 11

71.
Broad Money has to be sensitized through:

A. CRR

B. SLR

C. Repo Rate

D. All of the above

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72.
In which of the following year the introduction of Mutual Funds in India took place?

A. 1964

B. 1963

C. 1987

D. 1999

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73.
The methods used for computation of capital for credit risk under Basel-II are

A. standardised approach

B. internal rating based approach-foundation

C. internal rating based approach-advanced

D. All of the above

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74.
Investments by holders of Overseas Citizen of India (OCI) cards, in mutual fund schemes, is repatriable provided the original investment came into India in . . . . . . . . currency.

A. local

B. foreign

C. Both A and B

D. None of the above

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75.
Demutualisation of stock exchanges refers to

A. the legal structure of an exchange whereby the ownership, the management and the trading rights at the exchange are segregated from one another

B. the legal structure of an exchange whereby the ownership and the management at the exchange are segregated from one another

C. the legal structure of an exchange whereby the ownership, the management and the trading rights at the exchange vests in one person

D. None of the above

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76.
Match List-I with List-II.

List-I (Financial Institutions) List-II (Regulatory Bodies)

a. Housing Finance Institutions 1. SEBI

b. Merchant Banking, VCF, Broking, Collective Investment Schemes 2. MCA

c. Nidhi Companies, Mutual Benefit Companies 3. State Govts

d. Chit Fund Companies 4. National Housing Bank

A. a-4, b-2, c-1, d-3

B. a-3, b-1, c-2, d-4

C. a-4, b-1, c-2, d-3

D. a-1, b-4, c-2, d-3

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77.
What does the letter 'R' denotes in the abbreviation 'BR Act' which controls banking activities in the country?

A. Reformation

B. Regulation

C. Reporting

D. Resolution

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78.
Mutual Funds are required to be registered with:

A. AMFI

B. SEBI

C. IBA

D. RBI

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79.
Which of the following statement/s is/are the correct characteristic/s of NBFCs?
1. NBFCs cannot accept demand deposits.
2. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself.
3. Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs, unlike in case of bank.

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. All of them

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80.
On which of the following banks the Reserve Bank of India depends?

A. Cooperative Banks

B. Regional Rural Banks

C. Commercial Banks

D. Development Banks

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1 2 3 4 5 6 7 8 9 10

List-I (Financial Institutions)	List-II (Regulatory Bodies)
a. Housing Finance Institutions	1. SEBI
b. Merchant Banking, VCF, Broking, Collective Investment Schemes	2. MCA
c. Nidhi Companies, Mutual Benefit Companies	3. State Govts
d. Chit Fund Companies	4. National Housing Bank

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

71. Broad Money has to be sensitized through:

Answer & Solution

72. In which of the following year the introduction of Mutual Funds in India took place?

Answer & Solution

73. The methods used for computation of capital for credit risk under Basel-II are

Answer & Solution

74. Investments by holders of Overseas Citizen of India (OCI) cards, in mutual fund schemes, is repatriable provided the original investment came into India in . . . . . . . . currency.

Answer & Solution

75. Demutualisation of stock exchanges refers to

Answer & Solution

Answer & Solution

77. What does the letter 'R' denotes in the abbreviation 'BR Act' which controls banking activities in the country?

Answer & Solution

78. Mutual Funds are required to be registered with:

Answer & Solution

Answer & Solution

80. On which of the following banks the Reserve Bank of India depends?

Answer & Solution

Read More Section(Banking and Financial Institutions)

71.
Broad Money has to be sensitized through:

72.
In which of the following year the introduction of Mutual Funds in India took place?

73.
The methods used for computation of capital for credit risk under Basel-II are

74.
Investments by holders of Overseas Citizen of India (OCI) cards, in mutual fund schemes, is repatriable provided the original investment came into India in . . . . . . . . currency.

75.
Demutualisation of stock exchanges refers to

77.
What does the letter 'R' denotes in the abbreviation 'BR Act' which controls banking activities in the country?

78.
Mutual Funds are required to be registered with:

80.
On which of the following banks the Reserve Bank of India depends?