ORGANIZATIONS FACILITATING BUSINESS- QUIZ 1 – Punjab Meritorious School Preparation Portal

Welcome to your ORGANIZATIONS FACILITATING BUSINESS- QUIZ 1 CBT TEST

Fill the Details mentioned below and Attempt the Test.

Name

School Name with City

Phone Number

Who was the regulatory body for controlling financial affairs in India before SEBI?

Controller of Capital Issues

Reserve Bank of India

Insurance Regulatory and Development Authority of India

Government of India

When was SEBI constituted?

1988

!990

1986

1989

How many members of SEBI should be from RBI?

The regional office of SEBI is not located in:

Chennai

Kolkata

Chandigarh

Ahmedabad

Where can the first appeal against SEBI be made?

High Court

Supreme Court

Security Appellate Tribunal

RBI

The RBI has been vested with extensive power to control and supervise commercial banking system under which Act?

The Reserve Bank of India Act, 1933

The Reserve Bank of India Act, 1934

The Reserve Bank of India Act, 1935

The Reserve Bank of India Act, 1936

SEBI has its Western Regional Office in:

Pune

Mumbai

Ahmedabad

Surat

Which of the following statements about RBI is incorrect?

It deals largely with Government, Central and State Banks.

Its role is to ensure monetary stability, including stability of domestic price levels.

One of its missions is to protect the interest of policyholders.

The RBI is the sole authority for the issue of currency in India.

Which one of the following statements is incorrect?

The SEBI members consist of a Chairman, who shall be appointed by Central Government.

The SEBI members consist of two members from amongst the officials of the Ministry of the Central Government.

The SEBI members consist of one member from amongst the official of RBI, who shall be nominated by RBI.

The SEBI members consist of five other members out of which at least four members shall be whole-time members, who shall be appointed by Central Government.

Who regulates the currency in the country?

SEBI

RBI

Central Bank

Finance Ministry

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