Banking And Financial Institutions — Part 2 MCQs with Explanations

Takeover the functions of small business financing of IDBI is the correct answer to “SIDBI was set-up as a subsidiary of IDBI to”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

4, 3, 2, 1, 5 is the correct answer to “Arrange the events in the ascending order of their occurrence. 1. Allowing convertibility of rupee at the market rate in the current account. 2. Nationalisation of general insurance business. 3. Establishment of IDBI. 4. Nationalisation of life insurance business. 5. Capital adequacy norms for commercial banks.”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

To provide medium and long-term financial assistance to industrial undertakings, particularly in those circumstances in which banking accommodation is in appropriate or resource to capital market is impracticable is the correct answer to “Which one of the following is the main objective of IFCI”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Term loans to Indian companies towards upto 100% of loan extended by them to the overseas JV/WOS is the correct answer to “Which of the following is not provided by EXIM bank, for financing overseas investments”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

IDBI is the correct answer to “Which one of the following financial institutions coordinates the functions and operations of all the financial institutions into a single integrated financial structure so that each may contribute to the growth of the economy”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

All of the above is the correct answer to “Which of the following statement/s is/are correct? 1. Companies reduce pension fund risk by relying on fixed income strategies. 2. The real returns for pension funds are often lower than projections. 3. Corporations try to balance pension costs with staying competitive.”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

a-3, b-1, c-2 is the correct answer to “Match the items of List I with List II with regard to the Basel-III norms. List-I List-II a. Pillar 1 1. Supervisory review process b. Pillar 2 2. Market discipline c. Pillar 3 3. Minimum regulatory capital requirements based on Risk Weighted Assets (RWAs)”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

1 and 4 is the correct answer to “A Company undergoing the process of Initial Public Offering has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospect with the registrar of Companies. What kind of information does this document should it provide? 1. Financial details about the company 2. Price and size of offerings 3. Products details 4. Objects of raising money Select the above correct statements.”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

One Time Password is the correct answer to “What is OTP in credit card transactions”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

To provide finance under hire purchase finance and housing finance to its members is the correct answer to “Which one of the following is not the objective of UTI”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Reinsurance is the correct answer to “An insurance that is purchased by an insurance company to remain solvent after major claims is known as”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Ministry of finance, government of India is the correct answer to “One rupee note in India is issued by”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Accepting deposits and advancing loans to public is the correct answer to “Which one of the following is not the function of the Reserve Bank of lndia”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

1st July, 1964 is the correct answer to “The Industrial Development Bank of India (IDBI) was established in”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Both (A) and (R) are correct and (R) is the correct explanation of (A) is the correct answer to “Assertion (A): International Finance Corporation (IFC) contributes to increase sustainable agriculture opportunities, improve health and education and increase access to financing for micro finance and business client. Reason (R): The IFC has focused on a set of development goals to ensure that its projects are expected to achieve the target.”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

1, 2 and 3 is the correct answer to “Which among the following is not true with regard to merchant banker? 1. It can accept deposits. 2. It can advance loans. 3. It can do other banking activities. 4. It can be managed to a public issue. Select the correct answer:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Seed Capital Assistance Scheme is the correct answer to “With a view to encourage newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, IDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs. This scheme is known as”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Sub-standard assets, doubtful assets and IDSS assets is the correct answer to “Banks are required to classify non-performing assets into option”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Mutual Funds is the correct answer to “Which of the following financial institutions is not with in the supervisory Purview of RBI”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

On which RBI rediscounts eligible exchanges is the correct answer to “Bank rate is the rate”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

National Bank for Agriculture and Rural Development is the correct answer to “The following activities are mainly related to which organisation? 1. Micro Finance 2. Rural Finance 3. Self Help Groups 4. Cooperative Banks Finance”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Opening and closing of accounts is the correct answer to “As per RBI directives which of the following areas/functions cannot be outsourced by the Banks:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

On poor is the correct answer to “The worst effect of inflation is”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

3 and 4 is the correct answer to “Which combination of the following is correct with regard to World Trade Organization (WTO) : 1. WTO initiates peace process among the member countries to enhance international trade. 2. WTO avoids the task of "Settlement of Disputes" among the member countries. 3. WTO administers the "Trade Review Mechanism". 4. WTO cooperates in an appropriate manner with the IMF and the World Bank.”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Reserve Bank of India is the correct answer to “Authorized Dealers for foreign exchange transactions are appointed by:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Personal Identification Number is the correct answer to “PIN in banking transaction is known as”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Commercial borrowings is the correct answer to “The single largest component of external debt is:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Inflation after deflations is the correct answer to “What is "Stagflation":”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Instrument banking is the correct answer to “Online banking is not known as:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Rate at which RBI borrows money from Commercial Banks is the correct answer to “Reverse Repo means:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

All of the above is the correct answer to “Reserve Bank of India controls the activities of which of the following banks in India? 1. Commercial banks 2. Cooperative banks 3. Foreign banks 4. Rural banks”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

2, 3 and 5 is the correct answer to “Identify the years in which different phases of bank nationalisation took place in India. 1. 1950 2. 1955 3. 1969 4. 1949 5. 1980 Select the correct answer:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Dark Block is the correct answer to “Banks should not grant new loans for purpose of minor irrigation in:”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Only II is correct is the correct answer to “Read the following statements and choose the correct answer: Statement I: Small Industry Development Bank of India (SIDBl) was set-up as a wholly owned subsidiary of RBI. Statement II: SIDBI has taken over the responsibility of administering small industry development fund managed by IDBI.”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

All of the above is the correct answer to “The most important reason for an investor to prefer a Bank deposit is”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

a-2, b-3, c-4, d-1 is the correct answer to “Match List-I with List-II and select the correct answer: List-I List-II a. Narasimham Committee 1. Lending under consortium arrangement b. Shetty Committee 2. Frauds and malpractices in banks c. Ghosh Committee 3. Securities operations of bank and financial institutions d. Janakiraman Committee 4. Financial system in India”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

R. N. Malhotra Committee is the correct answer to “Which committee suggested the re-opening up of the insurance sector to private players”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

Mumbai is the correct answer to “The Head Office of Reserve Bank of India is situated at”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

All of the above is the correct answer to “To operationalise online, internet, mobile banking, debit card and credit card tools, some of the essential ingredients are”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.

a-4, b-3, c-1, d-2 is the correct answer to “Match the items of List I with the items of List II : List I List II a. Relationship banking 1. Dealing in hundis and acceptance of deposits b. Merchant banking 2. Widening the entrepreneurial base and assist in a rapid rate of industrial growth c. Indigenous banking 3. Engaged in the business of issue management d. Development banking 4. Creating, maintaining and enhancing strong relationship with customers”. This question is standard in competitive examination syllabi for Banking And Financial Institutions.