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

A. Credit risk and operational risk

B. Credit risk and market risk

C. Market risk and operational risk

D. Credit risk, market risk, operational risk

A. Banks takes money from RBI

B. RBI takes money from banks

C. Government take money from RBI

D. Money is taken by one bank from another bank

A. Premium

B. Cover note

C. Reinsurance

D. Co-insurance

A. To provide refinance assistance by way of short-term credit to state cooperative banks and sectoral rural banks etc, approved by the RBI for some specific purposes

B. To undertake inspection of cooperative societies other than primary cooperative societies and RRBs

C. To promote research in various aspects of the problems of urban development

D. To subscribe to share capital or invest in securities of any institution concerned with agricultural and rural development

A. production exchange

B. stock exchange

C. commodity exchange

D. None of these

A. non-performing loans are acquired from banks and financial institutions at a discounted value and security receipts issued to them so that these loans are removed from their balance sheet enabling them to reduce the provision in respect of such loans and improve profitability

B. converting the illiquid loans of banks and financial institutions by Securitization Companies into tradable securities, after they are acquired and sold to the investors

C. a process of acquisition of non-performing loans from banks by a Securitization company and convert them into tradable securities and sold to the investors

D. All of the above

A. the meeting shall be adjourned till the chairman is able to attend the meeting

B. the meeting shall continue without anyone chairing it and the chairman shall be informed about the proceedings of the same

C. the chairman has to leave a message appointing some other person to be in the chair in his absence

D. any other member chosen by the members present from amongst themselves shall preside at the meeting

A. Open market operations

B. Moral per suasion

C. Cash reserve ratio

D. Tax rates

A. Individuals/Sole Proprietorship accounts/Private Limited Companies

B. Individuals/Sole Proprietorship Accounts/Partnership Accounts

C. Individuals/Sole Proprietorship Accounts

D. All of the above

A. Is used to rate the borrowers while giving advances

B. Is used to work out performance of the employees

C. Is used to calculate the number of excellent audit rated branches

D. Is not used in any bank