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

1.
Who is the fiscal agent and advisor to government in monetary and financial matters in India?

A. SBI

B. NABARD

C. Corporative Banks

D. None of the above

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2.
New reform in Indian banking system include
1. Digitization of bank operations
2. Banking consolidation
3. Borrowing from Government
4. Agency work
Choose the correct option from the following:

A. 1 and 2

B. 3 and 4

C. 2, 4 and 3

D. 1, 3 and 4

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3.
S. L. Kapoor Committee relates to:

A. financing of Small Scale Industries

B. Agriculture financing

C. both A and B

D. None of the above

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4.
To operate in the derivative segment of NSE, the dealer/broker and sales persons are required to pass . . . . . . . . Examination.

A. Certified Financial Analyst

B. MBA (Finance)

C. NCFM

D. Chartered Accountancy

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5.
The holders of which instrument are members of the company and have voting rights?

A. Treasury Bill

B. Commercial Paper

C. Debenture

D. Equity

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6.
Insurance is listed in the Constitution of India in . . . . . . . . schedule as union list subject.

A. eighth

B. ninth

C. seventh

D. tenth

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7.
Which of the following term is not used in the world of finance, banking and insurance?

A. Hard currency

B. Amnesty

C. Devaluation

D. Sinking fund

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8.
Which of the following banks created history in August 2015 by launching India's first Mobile App for Bank Account opening?

A. Axis Bank

B. Federal Bank

C. South Indian Bank

D. HDFC Bank

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9.
Association of National Exchanges Members of India (ANMI) is a body consisting of:

A. Bankers and SEBI

B. SEBI and IBA

C. Brokers Operating in the National Exchanges

D. Bankers, SEBI, IBA and RBI

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10.
Interest earned by a depositor against a deposit with a commercial bank for custodial service

A. is a fund based income

B. is a fee based income

C. is a combination of fund and fee based gain

D. is a commitment based gain

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

1. Who is the fiscal agent and advisor to government in monetary and financial matters in India?

Answer & Solution

2. New reform in Indian banking system include 1. Digitization of bank operations 2. Banking consolidation 3. Borrowing from Government 4. Agency work Choose the correct option from the following:

Answer & Solution

3. S. L. Kapoor Committee relates to:

Answer & Solution

4. To operate in the derivative segment of NSE, the dealer/broker and sales persons are required to pass . . . . . . . . Examination.

Answer & Solution

5. The holders of which instrument are members of the company and have voting rights?

Answer & Solution

6. Insurance is listed in the Constitution of India in . . . . . . . . schedule as union list subject.

Answer & Solution

7. Which of the following term is not used in the world of finance, banking and insurance?

Answer & Solution

8. Which of the following banks created history in August 2015 by launching India's first Mobile App for Bank Account opening?

Answer & Solution

9. Association of National Exchanges Members of India (ANMI) is a body consisting of:

Answer & Solution

10. Interest earned by a depositor against a deposit with a commercial bank for custodial service

Answer & Solution

Read More Section(Banking and Financial Institutions)

1.
Who is the fiscal agent and advisor to government in monetary and financial matters in India?

2.
New reform in Indian banking system include
1. Digitization of bank operations
2. Banking consolidation
3. Borrowing from Government
4. Agency work
Choose the correct option from the following:

3.
S. L. Kapoor Committee relates to:

4.
To operate in the derivative segment of NSE, the dealer/broker and sales persons are required to pass . . . . . . . . Examination.

5.
The holders of which instrument are members of the company and have voting rights?

6.
Insurance is listed in the Constitution of India in . . . . . . . . schedule as union list subject.

7.
Which of the following term is not used in the world of finance, banking and insurance?

8.
Which of the following banks created history in August 2015 by launching India's first Mobile App for Bank Account opening?

9.
Association of National Exchanges Members of India (ANMI) is a body consisting of:

10.
Interest earned by a depositor against a deposit with a commercial bank for custodial service