DOWNLOAD MOBILE APPLICATION TO LEARN MORE: MONEY AND BANKING MCQs
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: MONEY AND BANKING MCQs
DOWNLOAD MOBILE APPLICATION TO LEARN MORE: MONEY AND BANKING MCQs
Table of Contents
MONEY AND BANKING MCQs
1.Which one of the following money supplies in the Indian economy consist the total post office savings?
a.M1
b.M2
c.M3
d.M4
2.The reserve bank of India defines narrow money as
a.CU ( currency notes + coins ) + DD (net demand deposits held by commercial banks)
b.CU + DD + savings deposits with post office savings banks
c.CU + DD + net time deposits of commercial banks
d.CU + DD + net time deposits of commercial banks + total deposits of post offices
3.The money multiplier in an economy increases with which one of the following?
a.Increases in the cash reserve ratio
b.Increases in the banking habit of the population
c.Increases in the statuary liquidity ratio
d.Increases in the population of the country
4.Multipliers will be lower with which one of the following?
a.High marginal propensity to consume
b.Low marginal propensity to consume
c.High marginal propensity to invest
d.Low marginal propensity to save
5.If you withdraw Rs. 1,00,000 in cash from your demand deposit account at your bank the immediate effect on aggregate money supply in the economy will be
a.To reduce it by Rs. 1,00,000
b.To increase it by 1,00,000
c.To increase it by more than rs 1,00,000
d.To leave it unchanged
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6.Foreign currency which has a tendency of quick migration is called?
a.Hot currency
b.Gold currency
c.Soft currency
d.Hard currency
7.Which one of the following pairs is correctly matched?
a.MO – Reserve bank
b.M1 – Broad bank
c.M2 – Narrow bank
d.None of the above
8.With reference to fiat money consider the following statements
(i)It is money declared by a government to be legal tender
(ii)It is the money without intrinsic value
(iii)It is the state – issued money which is neither legally convertible to any other thing nor fixed value in terms of any objective standard
Which of the statements given above is correct?
a.(i) and (ii)
b.Only (i)
c.Only (ii)
d.All of these
9.Which of the following measures would result in a money supply in the economy?
(i)Purchase of government securities from the public by the central bank
(ii)Deposit of currency in commercial banks by the public
(iii)Borrowing by the government from the central bank
(iv)Sale of government securities to the public by the central bank
Select the correct answer using the codes given below.
a.Only (i)
b.(ii) and (iv)
c.(i) and (iii)
d.(ii)(iii)and(iv)
10.Demonetization of Rs. 500 and 1000 currency notes was announced on
a.8th November ,2016
b.1st January ,2017
c.15th august ,2016
d.31st march ,2017
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11.The 100 rupee currency note in India is signed by
a.Governor reserve bank of India
b.Secretory ministry of finance
c.Finance minister of India
d.Prime minister of India
12.Which one of the following is not the most likely measure the government / RBI takes to stop the slide of India rupee?
a.Curbing imports of non – essential goods and promoting exports
b.Encouraging Indian borrows to issue rupee dominated masala bonds
c.Easing conditions relating to external commercial borrowing
d.Following an expansionary monetary policy
13.The government of India and RBI have decided to introduce 1 billion pieces of Rs 10 notes in polymer / plastic on a field trial basis. Which of the following is or are the objective behind this movie
(i)Increase of the lifetime of the notes
(ii)Combating counterfeiting
(iii)Reducing cost of minting of currency
Select the correct answer using codes given below.
a.(i) and (ii)
b.Only (ii)
c.Only (iii)
d.All of these
14.Consider the following statements.
The price of any currency in international market is decided by the
(i)World bank
(ii)Demand for goods / services provided by the country concerned
(iii)Stability of the government of the concerned country
(iv)Economic potential of the country in question
Which of the statements given above is correct?
a.(i) (ii) (iii) and (iv)
b.(ii) and (iii)
c.(iii) and (iv)
d.(i) and (iv)
15.The reserve bank of India was established in the year
a.1930
b.1935
c.1947
d.1951
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16.To lower interest rates the RBI should
a.Purchase of securities
b.Decrease the money supply
c.Raise the treasury
d.Raise the reserve requirement
17.If the interest rate is decreased in an economy it will
a.Decrease in consumption expenditure in the economy
b.Increase the tax collection of the government
c.Increase the investment expenditure of the country
d.Increase in total savings of the economy
18.Financial inclusion as per RBI means
a.Greater consumer protection for newly included customers
b.An easily accessed and speedy grievance redressed process
c.Expanded efforts on financial literacy
d.All of the above
19.PCA stands for
a.Public current account
b.Principles of corporate accounting
c.Prompt corrective action
d.Public channel agency
20.Which of the following statement best describes the term scheme for sustainable structuring of stressed assets recently seen in the news?
a.It is a procedure for considering ecological costs of development schemes formulated by the government
b.It is a scheme of RBI for reworking the financial structure of big corporate entities facing genuine difficulties
c.It is a disinvestment plan of the government regarding central public sector undertakings
d.It is a recently implemented provision of insolvency and bankruptcy code
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21.Consider the following statements regarding India minimum reserve system and select the incorrect one / one‘s using the codes given below.
(i)In minimum reserve system RBI had to keep a minimum reserve of gold worth Rs 115 crore and rest in Indian rupees.
(ii)The minimum requirement of foreign securities was diluted when minimum reserve system was launched.
a.Only (i)
b.Only (ii)
c.Both (i) and (ii)
d.Neither (i) nor (ii)
22.Which one of the following is not a function of the RBI?
a.Credit control
b.Organization of scheduled commercial banks
c.Formulation of monetary policy
d.Credit creation
23.Which one of the following is not a qualitative control of credit by the central bank of a country?
a.Rationing of credit
b.Regulation of consumer credit
c.Variation of the reserve ratio
d.Regulation of margin requirements
24.Priority sector lending by the banks in India constitutes the lending to
a.Agriculture
b.Micro and small enterprises
c.Weaker sections
d.All of the above
25.The monetary and credit policy is announced by which of the following?
a.Ministry of finance in centre
b.RBI
c.SBI
d.Planning commission
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26.With reference to the institution of banking ombudsman in India which one of the statement is not correct?
a. The banking ombudsman is appointed by the reserve bank of India
b. The banking ombudsman can consider complaints from non – resident Indians having accounts in India
c. The orders passed by the banking ombudsman are final and binding on the parties concerned
d. The service provided by the Banking ombudsman is free of any fee
27.The reserve bank of India acts as a banker bank. This would imply which of the following?
(i)Other banks retain their deposits with the RBI
(ii)The RBI lends funds to the commercial banks in times of need
(iii) The RBI advises the commercial banks on monetary matters
Select the correct answer using codes given below?
a.Only (i)
b.(i) and (ii)
c.(ii) and (iii)
d.All of the above
28.Consider the following statements regarding reserve bank of India
(i)It is a banker to the central government
(ii)It formulates and administers monetary policy
(iii)It acts as an agent of the government in respect of India membership of IMF
(iv)It handles the borrowing programmed of government of India
Which of these statement are correct?
a.(i) and (ii)
b.(ii) (iii) and (iv)
c.(i) (ii) (iii) and (iv)
d.(iii) and (iv)
29.Which one of the following committees was constituted to scrutinize the application for new banks in India?
a.Bandana committee
b.Deepak Mohanty committee
c.Bimal Jalan committee
d.Khandewal committee
30.Which of the following committees has given its recommendations on financial inclusion?
a.Rakesh Mohan committee
b.Rangarajan committee
c.Sinha committee
d.Kelar committee
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31.Who among the following was the chairman of the committee on deepening digital payments appointed by the RBI?
a.HR Khan
b.Nandan Nilekani
c.NR Narayan Murthy
d.Sanjay Jain
32.Match list I with list II and select the correct answer using the codes given below the lists.
LIST I (COMMITTEES) LIST II (CHAIRED BY )
A.Balance of payments and foreign investment 1.Rakesh Mohan
B.public sector enterprises autonomy 2.Arjun Sen Gupta
C.Small scale industries 3.Rangarajan
D.Infrastructure development 4.Abid Hussain
CODES
A B C D
a.2 4 3 1
b.3 2 4 1
c.4 3 1 2
d.4 1 3 2 ]
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33.What do you mean by open market operation of RBI?
a.Trading of securities
b.Auction of foreign currency
c.Trade of gold
d.None of the above
34.Open market operations of reserve bank of India refers to
a.Trading in securities
b.Auctioning of foreign exchange
c.Transaction in gold
d.None of the above
35.Banks of India are required to maintain a certain ratio between their risky assets and capital which is known as?
a.Cap Adequacy ratio
b.Statutory liquidity ratio
c.General bank reserve
d.Capital – to – risk – weighted adequacy ratio
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36.The cash reserve ratio refers to
a.The share of net demand and time liabilities that banks have to hold as liquid assets
b.The share of net demand and time liabilities that banks have to hold as balances with the RBI
c.The share of net demand and time liabilities that banks have to hold as part of their cash reserves
d.The ratio of cash holding to reserves banks
37.When the reserve bank of India announced an increase of the cash reserve ratio what does it means?
a.The commercial banks will have less money to lend
b.The reserve bank of India will have less money to lend
c.The union government will have less money to lend
d.None of the above
38.In India the repo rate is announced by
a.The ministry of finance , government of India
b.The prime minister of India
c.The reserve bank of India
d.The president of India
39.If the inflation in an economy is rising steadily the central bank might
a.Increase the repo rate
b.Decrease the reverse repo rate
c.Decrease the repo rate
d.Keep the repo rate unchanged
40.Which one of the following is not correct about repo rate?
a.It is the nearest rate charged by the central bank on overnight loan
b.It is commercial banks on overnight borrowing
c.It is the interest rate agreed upon in the loan contract between a commercial bank and the central bank
d.It is the cost of collateral security
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41.Which of these institutions fixes the repo rate and the reverse repo rate in India?
a.Comptroller and auditor general of India
b.Reserve bank of India
c.Ministry of finance
d.State bank of India
42.When the reserve bank of India reduces the statutory liquidity ratio by 50 basis points which of the following is likely to happen?
a.India GDP growth rate increases drastically.
b.Foreign institutional investors may bring more capital into our country
c.Scheduled commercial banks may cut their lending rates
d.It may drastically reduce the liquidity to the banking system
43.Supply of money regaining the same when there is an increase in demand for money there will be?
a.A fall in the level of prices
b.An increase in the rate of interest
c.A decrease in the rate of interest
d.An increase in the level of income and employment
44.Consider the following statements
(i)Bank rate is the rate of interest which RBI charges its clients on their short- term borrowings
(ii)Repo rate is the of interest which RBI charges its clients on their long- term borrowings
Which of the statements given above is correct?
a.Only (i)
b.Only (ii)
c.Both (i) and (ii)
d.Neither (i) nor (ii)
45.Which one of the following is the selective credit control measure of RBI?
(i)Cash reserve ratio
(ii)Statuary liquidity ratio
(iii)Margin requirements
(iv)Moral suasion
Choose the correct answer using the codes given below.
a.(i) (ii) and (iii)
b.(iii) and (iv)
c.(ii) and (iii)
d.(i) and (ii)
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46.With reference to Indian economy consider the following
(i)Bank rate
(ii)Open market operations
(iii)Public debt
(iv)Public revenue
Which of the given is components of monetary policy?
a.Only (i)
b.(ii) (iii) and (iv)
c.(i) and (ii)
d.(i) (iii) and (iv)
47.If the RBI decides to adopt an expansionist monetary policy which of the following it would not do?
(i)Cut and optimize the statutory liquidity ratio
(ii)Increase the marginal standing facility rate
(iii)Cut the bank rate and repo rate
Select the correct answer using the codes given below.
a.(i) and (ii) only
b.Only (ii)
c.(i) and (iii) only
d.(i) (ii) and (iii)
48.Which of the following statements is correct regarding the monetary policy committee?
(i)It decides the RBI benchmark interest rates
(ii)It is a 12 – member body including the governor of RBI is reconstituted every year
(iii)It functions under the chairmanship of the union finance minister
Select the correct answer using the codes given below.
a.Only (i)
b.(i) and (ii)
c.Only (ii)
d.(ii) and (iii)
49.When was the state bank of India established?
a.1954
b.1955
c.1956
d.1957
50.State bank of India was previously known
a.Cooperative bank of India
b.Syndicate bank
c.Imperial bank of India
d.Canara bank
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51.State bank of India was previously known as
a.Financing the industries
b.Improving credit facilities
c.Consolidating the economy
d.Improving security of deposits
52.The service area approach was implemented under the purview of
a.Integrated rural development programmed
b.Lead bank scheme
c.Mahatma Gandhi national rural employment guarantee scheme
d.National skill development mission
53.Which of the following is not included in the assets of a commercial bank of India?
a.Advances
b.Deposits
c.Investments
d.Money at call and short notice
54.Which among the following is an asset for a commercial bank?
a.Credit to farmers
b.Deposit of public
a.Borrowings from RBI
b.Demand deposits of industries
55.Which of the following is the most important component of the liabilities of commercial bank of India?
a.Time deposits
b.Demand deposits
c.Inter- bank liabilities
d.Other borrowings
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56.In India the interest rate on saving accounts in all nationalized banks is fixed by
a.Union minister of finance
b.Union finance commission
c.Indian banker association
d.None of the above
57.The chairman of public sector banks is selected by the
a.Banks board bureau
b.Reserve bank of India
c.Union minister of finance
d.Management of concerned bank
58.Among the following banks which one became India 3rd largest bank after mergers of bank in 2019?
a.Axis bank
b.SBI bank
c.HDFC bank
d.Bank of Baroda
59.RRBS are owned by
a.Central government
b.State government
c.Sponsored bank
d.Jointly by all of the above
60.What was the purpose of inter – creditor agreement signed by Indian banks and financial institutions recently?
a.To lessen the government of India perennial burden of fiscal deficit and current account deficit
b.To support the infrastructure projects of central and state governments
c.To act as independent regular in case of application for loans of Rs 50crore or more
d.To aim at faster resolution pf stressed assets of Rs 50 crore or more which are under consortium lending
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61.The difference between a bank and a non – banking financial institutions is that
a.A bank interacts directly with customers while an NBFI interacts with banks and governments
b.A bank indulges in number of activities relating to finance with a range of customers while an NBFI is mainly concerned with the term loan needs of large enterprises
c.A bank deals with both internal international customers while an NBFI is mainly concerned with the finances of foreign companies
d.A bank main interest is to help in business transactions and savings and investments activities while an NBFI main interest is in the stabilization of the currency
62.Which of the following grant direct credit assistance to rural households?
(i)Regional rural banks d
(ii)National bank for agriculture and rural development
(iii)Land development banks
Select the correct answer using the codes given below.
a.(i) and (ii)
b.Only (ii)
c.(i) and (ii)
d.All of these
63.Consider the followings liquid assets
(i)Demand deposits with the banks
(ii)Time deposits with the banks
(iii)Savings deposits with the banks
(iv)Currency
The correct sequence of these decreasing orders of liquidity is
a.(i) (iv) (iii) (ii)
b.(iv) (iii) (ii) (i)
c.(ii) (iii) (i) (iv)
d.(iv) (i) (iii) (ii)
64.Consider the following financial institution of India
(i)Industrial finance corporation of India (IFCI)
(ii)Industrial credit and investment corporation of India (ICICI)
(iii)Industrial development bank of India (IDBI)
(iv)National bank for agriculture and rural development (NABARD)
The correct chronological sequence of the establishment of these institutions is
a.(i) (ii) (iii) (iv)
b.(ii) (iii) (iv) (i)
c.(iii) (iv) (i) (ii)
d.(iv) (i) (ii) (iii)
65.With reference to India consider the following statements
(i)Nationalization of banks
(ii)Formation of regional rural banks
(iii)Adoption of village by bank branches
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Which of the statements given above are correct about the Indian banking system?
a.(i) and (ii)
b.(i) and (iii)
c.(ii) and (iii)
d.(i) (ii) and (iii)
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66.Consider the following statements
(i)In terms of short- term credit delivery to the agriculture sector district central cooperative banks delivers more credit in comparison to scheduled commercial banks
(ii)One of the most important functions of DCCBS is to provide funds to the primary agriculture credit societies
Which of the statements given above is correct?
a.Only (i)
b.Only (ii)
c.Both (i) and (ii)
d. Neither (i) nor (ii)
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67.What is the purpose of setting up of small finance banks in India?
(i)To supply credit to small business units
(ii)To supply credit to small marginal farmers
(iii)To encourage young entrepreneurs to set – up business particularly in rural areas
Select the correct answer using codes given below.
a.(i) and (ii)
b.(ii) and (iii)
c.(i) and (iii)
d.(i) (ii) and (iii)
68.The payment and settlement system in India is regulated as per which act?
a.RBI act 1934
b.Payment and settlement system act 2007
c.NPCI act 2002
d.PSS act 2008
69.Which of the following is most likely consequences of implementing the unified payments interface?
a.Mobile wallets will not be necessary for online payments
b.Digital currency will totally replace the physical currency in about two decades
c.FDI inflows will drastically increase
d.Direct transfer of subsidies to poor people will became very effective
70.Consider the following statements.
(i)National payments corporation of India helps in promoting the financial inclusion in the country
(ii)NPCI has launched Rupay a card payment scheme
Which of the statements given above is correct?
a.Only (i)
b.Only (ii)
c.Both (i) and (ii)
d.Neither (i) nor (ii)
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71.Consider the following statements
The reserve bank of India directives relating to storage of payment system data popularly known as data diktat command the payment system providers that
(i)They shall ensure that the entire data relating to payment systems operated by them are stored in a system only in India
(ii)They shall ensure that the systems are owned and operated by public sector enterprises
(iii)They shall submit the consolidated system audit report to the comptroller and auditor general of India by the end of the calendar year
Which of the statements given above is correct?
a.Only (i)
b.(i) and (ii)
c.Only (iii)
d.(i) (ii) and (iii)
72.According to the reserve bank of India study on state finances capital spending is maximum on
a.Rural development
b.Water supply and sanitation
c.Urban development
d.Education
73.Shishu Kishor and Tarun are the schemes of
a.Regional rural banks
b.Micro units development and refinance agency limited
c.Small industries development bank of India
d.Industrial development bank of India
74.Consider the following statements.
(i)The national housing bank the apex institution of housing finance in India was set up as a wholly – owned subsidiary of the RBI
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(ii)The small industries development bank of India was established as a wholly – owned subsidiary of the industrial development bank of India
Which of the statements given above is correct?
a.Only (i)
b.Only (ii)
c.Both (i) and (ii)
d.Neither (i) nor (ii)
75.Which of the following statements about Bitcoin is correct?
(i)It is a decentralized virtual currency
(ii)It is a generated through complex computer software systems
(iii)The reserve bank of India recognized it as a legal tender in January , 2016
Select the correct answer using the codes given below.
a.Only (i)
b.(i) and (ii)
c.(ii) and (iii)
d.(i) (ii) and (iii)
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76.What is the importance of the term interest coverage ratio of a firm in India?
(i)It helps in understanding the present risk of a firm that a bank is going to give loan to
(ii)It helps in evaluating the emerging risk of a firm that bank is going to give loan to
(iii)The higher a borrowings firm level of interest coverage ratio the worse is its ability to service its debt
Select the correct answer using the codes given below.
a.(i) and (ii)
b.Only (ii)
c.(i) and (iii)
d.(i) (ii) and (iii)
77.In the context of the Indian economy non – financial debt includes which of the following
(i)Housing loans owned by households
(ii)Amounts outstanding on credit cards
(iii)Treasury bills
Select the correct answer using the codes given below
a.Only (i)
b.(i) and (ii)
c.Only (iii)
d.(i) (ii) and (iii)
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78.India has highly volatile part of organized money market
a.Government securities
b.Trade bill market
c.Soliciting money market
d.Deposit certificate market
79.The market in which loan of money can be obtained is called?
a.Reserve market
b.Institutional market
c.Money market
d.Exchange market
80.In the context of Indian economy open market operations refers to
a.Borrowings by scheduled banks from the RBI
b.Lending by commercial banks to industry and trade
c.Purchase and sale of government securities by the RBI
d.None of the above
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81.Purchase or sale of government securities by the central bank from the general public in the bond market in a bid to increase or decrease the money supply in the economy is referred to
a.Open market operations
b.Rationing of credit
c.Variable reserve ratio
d.Clear money policy
82.Capital market means
a.Share market
b.Cash market
c.Commodities market
d.All of the above
83.The acronym SRO being used in the capital market for various market participants stands for which one of the following?
a.Self- regulatory organizations
b.Small revenue operators
c.Securities roll – back operators
d.Securities regulatory organizations
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84.Which of the followings is true about the distinction between money deals and capital market?
(i)Money market deals with long term funds and capital market deals with short – term funds
(ii)Money market deals in securities like treasury bills commercial papers etc. and capital market deals with securities like shares debentures etc.
(iii)Money market participants are commercial banks NBFs etc. and capital market participants are stock brokers individual investors etc.
(iv)Money market is regulated by SEBI and capital ,market is regulated by RBI
a.(i) (iii) and (iv)
b.(ii) and (iii)
c.(i) and (iv)
d.All of these
85.The SEBI was given statutory status in 1992 on the recommendation of
a.The Chakra borty commission
b.The Chelliah committee
c.The Tendulkar committee
d.The Narasimham committee
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86.India market regular SEBI is on course to relax investment norms for sovereign wealth funds the investment vehicles which are directly controlled by the government of a country. The main reason behind this movie is?
a.The desire of the government of India to attract more foreign investment
b.Pressure by foreign governments on India to execute specific mutual agreements on financial services
c.SEBI desire to create a more level playing field for foreign
d.RBIs relevant directive to SEBI
87.Consider the followings statement.
(i)Foreign institutional investors have been allowed to invest in mutual funds
(ii)The main objective of SEBI is due to protect the investors
(iii)Private placement is the route through which promoters contribution is mobilized by a public company
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(iv)RBI lays down the guidelines governing the capital market operation
Which of the statements given above is correct?
a.(i) (ii) and (iii)
b.(ii) (iii) and (iv)
c.Both (i) and (ii)
d.(i) (iii) and (iv)
88.Which option gives the holder the right but not the obligation to buy an asset by a certain date for a certain price?
a.Put
b.ITM
c.OTM
d.Call
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89.Consider the following statements regarding mutual funds.
(i)Mutual funds can participate in options trading and carrying forward transactions in securities
(ii)Mutual funds can invest in transferable securities in the money and capital markets
Which of the statements given above is correct?
a.Only (i)
b.Only (ii)
c.Both (i) and (ii)
d.Neither (i) nor (ii)
90.Match the following.
LIST I (MUTUAL FUND SCHEME) LIST II ( CHARACTERISTICS)
A.Open – ended mutual fund scheme 1. It offers capital appreciation of the underlying
B.Close – ended mutual fund scheme 2. It is a fund accepted and liquidated on a continuous basis by manager
C.Growth fund scheme 3. It is also known as regional or country fund
D.Off – shore mutual funds 4. No exit possible till the closure of the scheme
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CODES
A B C D
a.2 1 4 3
b.3 4 1 2
c.2 4 1 3
d.3 1 4 2
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91.The business in stock markets and other securities markets is regulated by
a.Securities and exchange board of India
b.State and exchange bank of India
c.Stock and exchange bank of India
d.Stock trade and exchange bank of India
92.In which of the following exchange currency futures trading was first started?
a.BSE
b.NSE
c.MCX- SX
d.All of the above
93.Who can nominate members on the governing body of a recognized stock exchange?
a.The SEBI
b.The state government
c.The SAT
d.None of these
94.The well established and well organized market where the sale purchase of different securities takes place according to certain laws is known as
a.Production exchange
b.Stock exchange
c.Commodity exchange
d.None of the above
95.An option which gives the holder the right to sell a stock at a specific price at some time in the future is called a?
a.Naked option
b.Call option
c.Out of the money option
d.None of the above
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96.Recognized stock exchange means stock exchange which is for the tome being recognized by?
a.State government
b.Parliament
c.Central government
d.State legislation
97.Insider trading with a
a.Share market
b.Horse market
c.Car market
d.International market
98.Dalal street is located in
a.Mumbai
b.New Delhi
c.London
d.Paris
99.Bull and bear is related with
a.International trade
b.Banking
c.Share market
d.Goods production
100.Which among the following is not a bookie of stock exchange?
a.Broker
b.Tajadia
c.Mandaria
d.Stag
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101.OTCEI is an
a.Atomic submarine of China
b.Economic policy of USA
c.Indian share market
d.A defense research organizations
102.Which one of the following statements about exchange trade fund is not correct
a.It is a marketable security
b.It experiences price changes throughout the day
c.It typically has lower daily liquidity and higher fees than mutual fund shares
d.An ETF does not have its net asset value calculated once at the end of every day
103.Which of the following statements is relation to Bombay stock exchange is correct?
a.It is the oldest exchange of India
b.It is known by the name of Dalal street
c.It is share index is known by the name of SENSEX
d.All of the above
104.Which of the following statements is true about the NSE MIBOR polling process?
a.NSE disseminates information about the rates and participants but not the amount associated with each quote
b.NSE does not reveal the identity of the participants but discloses the rates of each participant
c.NSE keeps both participant identity and polled rate confidential
d.NSE disseminates information on rates quoted by each participant and the amounts associated with those rates
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105.What is NIKKEI
a.Share price index of Tokyo share market
b.Name of Japanese central bank
c.Japanese name of country planning commission
d.Foreign exchange market of Japan
106.In the parlance of financial investment the term bear denotes
a.An investor who feels that the price of a particular security is going to fall
b.An investor who expects the price of a particular share to rise
c.A shareholder who has van interest in a company financially or otherwise
d.Any lender whether by making a loan or buying a bond
107.Consider the following statements. In India taxes on transaction in stock exchanges and future markets are
(i)Levied by the union
(ii)Collected by the states
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Which of the statements given above is correct?
a. Only (i)
b. Only (ii)
c. Both (i) and (ii)
d. Neither (i) nor (ii)
108.Match the following.
LIST I ( STOCK EXCHANGE ) LIST II (LOCATED IN)
A.National stock exchange 1. Mumbai
B.Over the counter exchange of India 2. Mumbai
C.Madhya Pradesh stock exchange 3. Indore
D.Capital stock exchange 4. Kerala
CODES
A B C D
a.4 1 2 3
b.1 2 3 4
c.3 4 1 2
d.3 1 4 2
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109.LIC of India was established in
a.1956
b.1944
c.1950
d.1947
110.For regulation of insurance trade in the country the government has formed
a.SEBI
b.RBI
c.IRDAI
d.GIC
111.IRDA was renamed as IRDAI in the year
a.26th December, 2013
b.26th December, 2014
c.26th April, 2014
d.26th August, 2014
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ANSWERS
| 1.d. | 2. a. | 3. b. | 4. b. | 5.d. |
| 6. a. | 7. a. | 8. d. | 9. c. | 10.a. |
| 11. a. | 12. d. | 13. d. | 14. b. | 15. b. |
| 16. a. | 17. c. | 18. d. | 19. c. | 20. b. |
| 21. b. | 22. d. | 23. b. | 24. d. | 25. c. |
| 26. c. | 27. b. | 28. c. | 29. c. | 30. b. |
| 31. b. | 32. b. | 33. a. | 34. a. | 35. d. |
| 36. b. | 37. a. | 38. c. | 39. a. | 40. d. |
| 41. b. | 42. c. | 43. a. | 44. d. | 45. b. |
| 46. c. | 47. b. | 48. a. | 49. b. | 50. c. |
| 51. b. | 52. b. | 53. b. | 54. c. | 55. a. |
| 56. d. | 57. a. | 58. d. | 59. d. | 60. d. |
| 61. b. | 62. c. | 63. d. | 64. a. | 65. d. |
| 66. c. | 67. a. | 68. b. | 69. a. | 70. c. |
| 71. a. | 72. c. | 73. b. | 74. c. | 75. b. |
| 76. a. | 77. d. | 78. d. | 79. c. | 80. c. |
| 81. a. | 82. a. | 83. a. | 84. b. | 85. d. |
| 86. a. | 87. b. | 88. d. | 89. b. | 90. c. |
| 91. c. | 92. b. | 93. a. | 94. b. | 95. d. |
| 96. c. | 97. a. | 98. a. | 99. c. | 100. a. |
| 101. c. | 102. c. | 103. d. | 104. c. | 105. a. |
| 106. a. | 107. a. | 108. b. | 109. a. | 110. c. |
| 111. b. |
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ALSO VISIT: INDIAN ECONOMY
| Also Study | Also study | Also Study | Attempt the Quiz | Attempt the Quiz | Attempt the Quiz |
| 1.NATURE OF INDIAN ECONOMY MCQ 2.INDIAN ECONOMY MCQ 3.FEATURES OF INDIAN ECONOMY MCQ 4.POVERTY AND UNEMPLOYMENT MCQs 5.NATIONAL INCOME MCQ QUESTIONS | indian economy quiz 1 indian economy 3 indian economy 4 indian economy 7 | indian economy quiz 2 indian economy quiz 5 indian economy quiz 6 |
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