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

A. 1^st May 2010

B. 1^st June 2010

C. 1^st July 2010

D. 1^st August 2010

A. Only 3

B. Only 1

C. 1 and 3

D. 2 and 4

A. It is related to companies producing milk products

B. It does not carry on its face, the brand of the issuer

C. It is meant to convert black money into the economy

D. None of the above

A. Primary and secondary markets

B. Organized or formal markets, and unorganized or informal markets

C. Financial markets can also be classified as money markets (for short-term funds), and capital markets (for long run funds)

D. All of the above

A. Shadow Banking

B. Universal Banking

C. Unit Banking

D. Narrow Banking

A. the members of the SEBI make an application to the Central Government to do so

B. the SEBI is unable to discharge its functions and duties imposed on it under the provisions of the SEBI Act, 1992 or it is necessary to do so in the public interest

C. the SEBI on its own makes an application to the Central Government to do so

D. the SEBI does not have the required number of members for performing the functions entrusted to it

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

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

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

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

A. Two public sector banks and one general insurance company will be privatised

B. Initial Public Offering of Life Insurance Corporation will be implemented in the financial year 2021-22 as a mega IPO

C. Increase in PDI limits from 49 percent to 74 percent to help insurance companies to raise additional funds

D. All of the above

A. Till 1942, RBI was the currency issuing authority of Burma (now Myanmar)

B. National Housing Bank (NHB) is the fully owned subsidiary of RBI

C. RBI is the king pin of the Indian gold market

D. RBI can provide any direct financial assistance to any industry, trade or business

A. 1, 2 and 3 only

B. 2, 3 and 4 only

C. 1, 3 and 4 only

D. 1, 2 and 4 only