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.
A rise in "Sensex" means:

A. a rise in prices of shares of all companies registered with the Bombay Stock Exchange

B. an overall rise in prices of shares of all companies registered with the National Stock Exchange

C. an overall rise in prices of shares of group of companies registered with the Bombay Stock Exchange

D. a rise in prices of shares of all companies belonging to a group of companies registered with the Bombay Stock Exchange

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72.
As per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, no acquirer who has acquired 15% or more, but less than 55% of the shares of a company shall acquire additional shares of the percentage specified below unless a public announcement is made.

A. 2%

B. 15%

C. 10%

D. 5%

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73.
"Insurance is a plan by which large number of people associate themselves and transfer to the shareholders of all, risk that attach to the individual. "Who said these words.

A. A. H. Willed

B. John H. Magee

C. Sprigller

D. Lewis

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74.
Credit worthiness score in India ranges between

A. 300 to 600

B. 300 to 900

C. 500 to 1000

D. 900 to 1600

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75.
If a client buys shares worth Rs. 1,00,000 and sells shares worth Rs. 1,00,000 through a stock-broker, then the maximum brokerage payable is:

A. Rs. 4,000

B. Rs. 5,000

C. Rs. 2,000

D. Rs. 6,000

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76.
Insurance Regulatory and Development Act was passed in

A. 1998

B. 1999

C. 2000

D. 2001

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77.
The IDBI underwriters and . . . . . . . . the shares and debentures of industrial concern.

A. imposes on

B. subscribes to

C. targets

D. None of these

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78.
Paid-up capital of a bank should not be less than the following percentage of subscribed capital.

A. 25%

B. 50%

C. 75%

D. 100%

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79.
Consider the following statements.
Assertion (A): Taking of deposits and granting of loans single out banks.
Reasoning (R): Banks act as intermediaries when they mobilize savings from surplus units to shortage units in order to finance productive activities.

A. Assertion (A) is correct and Reasoning (R) is the correct explanation of (A)

B. Both Assertion (A) and Reasoning (R) are correct but (R) is not the correct explanation of (A)

C. Assertion (A) is correct but Reasoning (R) is incorrect

D. Reasoning (R) is correct but Assertion (A) is incorrect

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80.
Which one of the following statement is corrrect?

A. The Governor is the Reserve Bank's chief executive

B. IFCI can grant long-term loans to partnership firms

C. Money market is a market for stock market operations

D. The Export-Import Bank of India is a subsidiary of IDBI

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

71. A rise in "Sensex" means:

Answer & Solution

72. As per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, no acquirer who has acquired 15% or more, but less than 55% of the shares of a company shall acquire additional shares of the percentage specified below unless a public announcement is made.

Answer & Solution

73. "Insurance is a plan by which large number of people associate themselves and transfer to the shareholders of all, risk that attach to the individual. "Who said these words.

Answer & Solution

74. Credit worthiness score in India ranges between

Answer & Solution

75. If a client buys shares worth Rs. 1,00,000 and sells shares worth Rs. 1,00,000 through a stock-broker, then the maximum brokerage payable is:

Answer & Solution

76. Insurance Regulatory and Development Act was passed in

Answer & Solution

77. The IDBI underwriters and . . . . . . . . the shares and debentures of industrial concern.

Answer & Solution

78. Paid-up capital of a bank should not be less than the following percentage of subscribed capital.

Answer & Solution

79. Consider the following statements. Assertion (A): Taking of deposits and granting of loans single out banks. Reasoning (R): Banks act as intermediaries when they mobilize savings from surplus units to shortage units in order to finance productive activities.

Answer & Solution

80. Which one of the following statement is corrrect?

Answer & Solution

Read More Section(Banking and Financial Institutions)

71.
A rise in "Sensex" means:

72.
As per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, no acquirer who has acquired 15% or more, but less than 55% of the shares of a company shall acquire additional shares of the percentage specified below unless a public announcement is made.

73.
"Insurance is a plan by which large number of people associate themselves and transfer to the shareholders of all, risk that attach to the individual. "Who said these words.

74.
Credit worthiness score in India ranges between

75.
If a client buys shares worth Rs. 1,00,000 and sells shares worth Rs. 1,00,000 through a stock-broker, then the maximum brokerage payable is:

76.
Insurance Regulatory and Development Act was passed in

77.
The IDBI underwriters and . . . . . . . . the shares and debentures of industrial concern.

78.
Paid-up capital of a bank should not be less than the following percentage of subscribed capital.

79.
Consider the following statements.
Assertion (A): Taking of deposits and granting of loans single out banks.
Reasoning (R): Banks act as intermediaries when they mobilize savings from surplus units to shortage units in order to finance productive activities.

80.
Which one of the following statement is corrrect?