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

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

71.
Match the following.

List-I List-II

a. Certificate of deposits 1. 91 days, 182 days and 346 days

b. Debentures 2. 3 to 5 months

c. Treasury bills 3. 1 day to 270 days

d. Commercial papers 4. Longer period in years

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

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

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

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

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72.
According to the recent guidelines (2013) of the Reserve Bank of India the Private Sector Banks are required to have a minimum paid up equity capital of

A. Rs. 300 crores

B. Rs. 200 crores

C. Rs. 400 crores

D. Rs. 500 crores

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73.
The apex body in a cooperative marketing in India is:

A. IFFCO

B. KRIBHCO

C. NAFED

D. None of the above

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74.
Which of the following statement is correct?

A. A policy reported to be lost, may actually have been assigned

B. A policy has no value after the payment of survival benefits

C. Both A and B

D. None of the above

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75.
Which of the following is called as Committee on Capital Account Convertibility?

A. Tarapore Committee

B. Rangarajan Committee

C. N. N. Vohra Committee

D. Indrajit Committee

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76.
Which of the following statement/s is/are correct?
1. Chit Funds are type of NBFC
2. All NBFCs are ruled by RBI
3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.

A. 1 and 2

B. 2 and 3

C. 1 and 3

D. All of the above

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77.
Which of the following is not a primary function of money?

A. Medium of exchange

B. Measure of value

C. Distribution of income

D. None of these

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78.
General Insurance Corporation was established in:

A. 1948

B. 1956

C. 1972

D. 1974

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79.
The administrative head office of SEBI is in:

A. New Delhi

B. Mumbai

C. Kolkata

D. Chennai

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80.
The chairman of the tenth finance commission, 1992 was

A. Mr. G. B. Pant

B. Mr. K. C. Pant

C. Mr. C. K. Pant

D. Mr. B. J. Pant

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1 2 3 4 5 6 7 8 9 10

List-I	List-II
a. Certificate of deposits	1. 91 days, 182 days and 346 days
b. Debentures	2. 3 to 5 months
c. Treasury bills	3. 1 day to 270 days
d. Commercial papers	4. Longer period in years

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

71. Match the following. List-I List-II a. Certificate of deposits 1. 91 days, 182 days and 346 days b. Debentures 2. 3 to 5 months c. Treasury bills 3. 1 day to 270 days d. Commercial papers 4. Longer period in years

Answer & Solution

72. According to the recent guidelines (2013) of the Reserve Bank of India the Private Sector Banks are required to have a minimum paid up equity capital of

Answer & Solution

73. The apex body in a cooperative marketing in India is:

Answer & Solution

74. Which of the following statement is correct?

Answer & Solution

75. Which of the following is called as Committee on Capital Account Convertibility?

Answer & Solution

76. Which of the following statement/s is/are correct? 1. Chit Funds are type of NBFC 2. All NBFCs are ruled by RBI 3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.

Answer & Solution

77. Which of the following is not a primary function of money?

Answer & Solution

78. General Insurance Corporation was established in:

Answer & Solution

79. The administrative head office of SEBI is in:

Answer & Solution

80. The chairman of the tenth finance commission, 1992 was

Answer & Solution

Read More Section(Banking and Financial Institutions)

71.
Match the following.

List-I List-II

a. Certificate of deposits 1. 91 days, 182 days and 346 days

b. Debentures 2. 3 to 5 months

c. Treasury bills 3. 1 day to 270 days

d. Commercial papers 4. Longer period in years

72.
According to the recent guidelines (2013) of the Reserve Bank of India the Private Sector Banks are required to have a minimum paid up equity capital of

73.
The apex body in a cooperative marketing in India is:

74.
Which of the following statement is correct?

75.
Which of the following is called as Committee on Capital Account Convertibility?

76.
Which of the following statement/s is/are correct?
1. Chit Funds are type of NBFC
2. All NBFCs are ruled by RBI
3. RBI said any purchase of a stake of 26% or more in a company, or a change in more than 30% of its directors, would need the central bank's permission.

77.
Which of the following is not a primary function of money?

78.
General Insurance Corporation was established in:

79.
The administrative head office of SEBI is in:

80.
The chairman of the tenth finance commission, 1992 was