Financial Institutions and Banking - 5

Multiple Choice Multiple Answer RBI sells securities through :Auction program , Open market operations , Private placements Multiple Choice Single Answer The ultimate source of money in India is:RBI

Multiple Choice Single Answer Long term debt instruments have a maturity of :Over one year Multiple Choice Multiple Answer R B I conducts monetary control by way of O M O in :Treasury bills , State /central Government Securities True/False Under open market operation RBI conducts buying /selling shares/debentures of blue chip companies. FALSE

Match The Following Development financial institutions : IFCI Organized sector : Banking System Unorganized sector : Indigenous banks Mutual funds : UTI

Select The Blank The Shipping Credit and Investment Company of India Ltd. has changed its name to ________ effective from October 1992. SCICI Ltd

Multiple Choice Multiple Answer A member's IMF Quota determines its :Financial commitment , Voting power , Drawing power Multiple Choice Single Answer Development Financial institutions include :- State financial institutions

Multiple Choice Single Answer The unorganized financial system includes :Indigenous bankers

Match The Following Fruit Crops, Floriculture, Vegetables : Horticulture Institutional studies, Dwell Time Studies : Surveys & Studies Agronomy, Crop Planning, Plant Protection, Farm Inputs : Crop Production Canals & Rivers, Drip Irrigation : Irrigation & Drainage

Select The Blank The HDFC was set up in 1977 by the ________. ICICI

Multiple Choice Single Answer Instruments issued by DFIs and Banks carry :Highest credit ratings

Multiple Choice Single Answer LIC of India was set up in :1956

Select The Blank Secured Premium Notes are ________. Debentures

Multiple Choice Single Answer PFC is committed to the integrated development of :Power

True/False Banks issue Guarantees on behalf of their clients. TRUE

True/False Banks authorized to deal in foreign exchange are known as Authorized Dealers. FALSE

Multiple Choice Multiple Answer DFHI was set up with the following objective :To even out imbalances , To provide liquidity , To promote secondary market

Multiple Choice Multiple Answer NABARD has taken over the entire functions of :ARDC , ACD of RBI , RPCD of RBI

Multiple Choice Multiple Answer R B I issues currency notes against the security of:Gold bullion , Foreign securities , GOI securities

Select The Blank The ________ has been accredited by RBI as a Primary Dealer in Government Securities. STCI

True/False The SFCs also borrow from SIDBI & IDBI. FALSE

Select The Blank Legally speaking Pass Through Certificates are ________ and are traceable freely. Promissory notes

Select The Blank DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies. Debt instruments

Multiple Choice Multiple Answer From time to time RBI has issued :Straight coupon bonds , Inflation linked bonds , Zero coupon bonds

True/False The currency notes issued by RBI are legal tender everywhere in India without any limit. TRUE

True/False HDFC was set up by NHB. FALSE

True/False PFC also provides reform & restructuring related studies. TRUE

Select The Blank The ________ was set up to help corrections in BOP maladjustments. IMF

Select The Blank The CRAFICARD recommended the establishment of ________. NABARD

True/False NIDHIS are Trading Organizations. FALSE Select The Blank The term ________ refers to the act of a bank extending finance to the seller against a letter of credit. Negotiation

Multiple Choice Multiple Answer Soft Loan Scheme for modernisation is provided by :IFCI , ICICI , SIDBI

Match The Following Charitable Trusts- Rajiv Gandhi Foundation PSU MTNL ,SAIL, KRC MTNL , Mutual Funds UTI ,ICICI Prudential Statutory Trusts Port Trust Port Trust True/False Under MIGA the World bank offers various forms of Political Insurance. Answer True Multiple Choice Single Answer Commercial Papers are issued by :Corporates

Investment on a monthly basis and repayment on due date is made in :Recurring deposit True/False Issuance of CD attracts reserve requirements. False True/False State loans are much less liquid than GOI Securities. True Multiple Choice Single Answer IDBI was delinked from RBI and it became autonomous in the year :1976 One of the leading All India FI is :SIDBI Multiple Choice Single Answer The largest member of the IMF is the :U.S.A. Multiple Choice Single Answer The foreign currency account maintained by an authorised dealer with its correspondent abroad is :Nostro Account Select The Blank As a banker to the Government, RBI accepts Government deposits at ________% interest. 0 Multiple Choice Single Answer The word ' Tranche ' is a French word which means :A Slice Multiple Choice Single Answer Size of the Quota depended upon :GNP Match The Following Small Savings : Chit Funds Gen.Insurance : NICo of India Ltd. Life Insurance : LIC of India Ltd Mutual fund : UTI True/False CPs have to be compulsorily rated. True

Multiple Choice Single Answer If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of Rs. 5 is known as the :Discount

Multiple Choice Multiple Answer IIBI (formerly known as IRBI )undertakes :Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services Select The Blank The loans under________ are based on Poverty Reduction Strategy Paper. PRGF

Multiple Choice Multiple Answer Functions of a Bank's H.O. include:Liaison with RBI , Evolve Policies , Vigilance & Control Multiple Choice Single Answer DICGC also provides :Security to deposits

Match The Following Insurance of all employees of a Firm : Group Insurance Premium Throughout Life : Whole Life Fixed Period Insurance : Endowment Insurance of ocean Cargo : Marine Insurance True/False A Cheque is a Negotiable Instrument. True Multiple Choice Single Answer Which one of the following is not a deposit account? Cash Credit account Select The Blank The ________ does not collect Savings from the Public. NIICO Ltd. Multiple Choice Single Answer IMF articles were amended in 1978 to legalise the :Floating exchange rates

Select The Blank ________ is merely an asset created out of book entries. SDR

Regional Rural Bank : Thane Gramin Bank Public Sector Bank : Indian Bank Private Sector Bank : Bank of Rajasthan Ltd Foreign Bank : CITI BANK Select The Blank Syndication of Loans Globally does not involve any funds as it is ________ activity. Non-fund based True/False Issuance of CD attracts reserve requirements. False Select The Blank The repayment holiday period is also known as ________ period. Moratorium

Multiple Choice Single Answer Zero Coupon Bonds are issued at a :Discount to face value Multiple Choice Multiple Answer DICGC does not insure the deposits :Of foreign Governments , Of State Cooperative Banks , Of the Central Government Multiple Choice Single Answer Which one of the following is a Cooperative Bank? COSMOS BANK Multiple Choice Single Answer Liabilities of Insurance Cos are mostly :Long term Select The Blank GIC raises funds to meet claims from ________. Premium collected True/False Issuance of CD attracts reserve requirements. False

Multiple Choice Single Answer Investment on a monthly basis and repayment on due date is made in :Recurring deposit

Multiple Choice Single Answer A current account where the customer can withdraw more than the balance is :Overdraft Multiple Choice Single Answer SIDBI commenced its operations from :April 2,1990 Match The Following NABARD -Rural Development AFC Ltd -Consultancy HUDCO -Housing NCDC -Development of Cooperatives Multiple Choice Single Answer The first long term industrial financing corporation set up in the country was :IFCI True/False The Capital of NABARD is subscribed by World Bank. False

Multiple Choice Single Answer Financial institutions deal in :Financial assets Multiple Choice Single Answer In addition to sugar Industry IFCI has predominantly lent to :Textile sector

Multiple Choice Multiple Answer Other than Tourism, International funds remittances comprise of :Donations/Charity , Payments of Salaries , Payments of Royalty True/False NABARD provides Refinance for Marketing of Crops. True Multiple Choice Multiple Answer R B I conducts monetary control by way of O M O in :Treasury bills , State /central Government Securities

Multiple Choice Single Answer Development Financial institutions include :State financial institutions Select The Blank NABARDs Criteria for Refinance covers Technical ________ of the project. Feasibility True/False Banks do not invest in the GOI securities . False Multiple Choice Multiple Answer The unorganised financial system comprises of :Money lenders , Indigenous bankers , Lending pawn brokers

Select The Blank NHB at present has a ________ Capital of Rs. 350 crores. Paid-up Select The Blank One of the objectives of NHB is to augment the ________ resources for the housing sector. Financial Match The Following CRR : Primary reserve requirement Bankers Bank : Controlling the reserves of commercial banks Exchange control : FEMA OMO : Government securities Multiple Choice Single Answer NABARD was established on the recommendations of :CRAFICARD Multiple Choice Multiple Answer A member's IMF Quota determines its :Financial commitment , Voting power , Drawing power Multiple Choice Multiple Answer Credit Information report is also known as :Credit report , Banker's report , Confidential report Select The Blank Development financial institutions have been established to cater to ________ of the industrial sector. Long term financial needs

Multiple Choice Multiple Answer Tourism promotes :Credit Card Business , International remittances , Travellers' Cheques True/False Development financial institutions primarily lend to Agriculture sector. False Select The Blank The ________ is the apex institution in the field of foreign trade in India. EXIM bank

Select The Blank Financial markets are the centres that provide facilities for buying and selling of ________. Financial claims and services True/False Non bank financial institutions undertake fund and non fund based activities. True Select The Blank The CRAFICARD recommended the establishment of ________. NABARD Select The Blank The price in financial markets is known as ________. Rate of interest True/False Gramin banks are State Owned Banks. True

Multiple Choice Single Answer A credit facility under which a borrower can withdraw up a certain limit subject to availability of adequate security is :Cash Credit account

Select The Blank Syndication involves ________ sanction. In principle Multiple Choice Multiple Answer Treasuries could be either those of the :Private Sector Cos. , Govt.bodies , PSUs

Multiple Choice Single Answer Treasury Bills are actually a class of :Govt.Securities

Select The Blank The ________ regulation makes the banks the largest investor in the GOI securities. SLR True/False HDFC was set up by NHB. False

Multiple Choice Single Answer Initial Quantum of resources of IMF were contributed by members according to :Quotas fixed for members

True/False Most of the Indian PS Banks practice retail banking. True True/False The overdraft facility is also known as Cash credit facility. True True/False CPs are issued by corporate entities. True True/False PFC has been persuading State Governments restructuring of their power sector to make them viable. True Multiple Choice Single Answer The organised financial system includes :Commercial banks

Select The Blank 55% of HUDCO loans are earmarked for________& low income groups. Weaker sections Multiple Choice Multiple Answer Financial Services offered by PFC include :Term loans , lease finance , Loan Syndication

True/False The currency notes issued by RBI are legal tender everywhere in India without any limit. True Multiple Choice Single Answer The unorganised financial system includes :Indigenous bankers Multiple Choice Single Answer Money Markets Satisfy the needs of :Short term nature Multiple Choice Multiple Answer The financial Assistance provided by the IMF enables member countries to :Rebuild resources , Stabilise currencies , Pay for imports Match The Following NGOs : CASP, CRY, PLAN DFI : IDBI, IFCI, ICICI PSUs : NTPC, NHPC, Coal India Corporates : RIL, HPCL True/False Gramin banks are State Owned Banks. True Select The Blank CRR and SLR are ________ reserves. Statutory True/False Banks do not invest in the GOI securities . False Multiple Choice Multiple Answer SIDBI provides :Refinance , Rediscounting of Bills , Financial support to SSIDC

Select The Blank Mutual Funds provide the benefits of ________. Portfolio management

Select The Blank Syndication involves ________ sanction. In principle

Select The Blank The ________ regulation makes the banks the largest investor in the GOI securities. SLR Select The Blank In addition to IFCI and ________ the Soft Loan Scheme for modernisation is also undertaken by IDBI. ICICI Multiple Choice Multiple Answer NABARD has taken over the entire functions of :ARDC , ACD of RBI , RPCD of RBI Multiple Choice Single Answer Instruments issued by DFIs and Banks carry :Highest credit ratings

Multiple Choice Multiple Answer Other than Tourism, International funds remittances comprise of :Donations/Charity , Payments of Salaries , Payments of Royalty

Multiple Choice Single Answer Money Markets Satisfy the needs of :Short term nature

Multiple Choice Single Answer Development Financial Institutions provide finance to the needy Corporates & govt. institutions True/False NABARD does not provide Refinance for stocking & distribution of Chemical Fertilisers. False True/False The SFCs also borrow from SIDBI & IDBI. True Multiple Choice Single Answer A major part of the credit of SFCs went to :SSI unit

True/False Mortgage Loans are loans against property. True Multiple Choice Single Answer The unorganised financial system includes :Indigenous bankers

Select The Blank HDFCs loans were linked up with________. Planned Savings Multiple Choice Single Answer Initial Quantum of resources of IMF were contributed by members according to :Quotas fixed for members

True/False CPs are issued by corporate entities. True Multiple Choice Multiple Answer Functions of R.O. do not cover :SLR/CRR maintenance , Liaison with RBI/IBA , Issuing Lending Policy Match The Following Inter Bank Call Money Markets : BRs, Call Money Receipts Money Market Instuments : CP, CD ,T- Bills Capital Market Instruments : Shares Debt Market Instruments : GOI Securities ,Bonds Multiple Choice Multiple Answer Which of the following statements are not prepared on a daily basis in branch? Cash Book , Trial Balance , P/L statement Select The Blank Interest on advances is generally calculated on ________ products. Daily Multiple Choice Single Answer IDBI has helped in the establishment of :EXIM Bank Multiple Choice Multiple Answer Under Project Finance Scheme IDBI provides assistance for :New Projects , Renovation , Modernisation

Multiple Choice Single Answer Deposits per depositor per bank are secured by DICGC up to a sum of :Rs. one lac. Select The Blank SCICI provides domestic & foreign loans for capital equipment and________ services. Technical Multiple Choice Multiple Answer The main objective of ICICI was :To augment export finance in India , To channelise World Bank's funds to industries in India , To help in building up a Capital Market in India

Multiple Choice Multiple Answer Functions of NIDHIs include :Accepting Deposits , Granting loans , Encourage thrift

Multiple Choice Single Answer IDBI was initially set up as :Subsidy of RBI Multiple Choice Multiple Answer For its long term operations NABARD raises funds by :Floating Bonds in open market , Drawing from the Central Govt. , Drawing from National Rural credit Funds Select The Blank Financial markets are the centres that provide facilities for buying and selling of ________. Financial claims and services

True/False IDA does not lend to countries that are not in a position to borrow from IBRD. False Select The Blank General insurance policies are genarally issued for ________ year. One True/False SCICI is a member of the OTCEI. True Multiple Choice Single Answer The deposit account offering cheque withdrawal facility is known as :Current account

Match The Following CRR : Primary reserve requirement Bankers Bank : Controlling the reserves of commercial banks Exchange control : FEMA OMO: Government securities Multiple Choice Multiple Answer The loans of finance companies are generally :At high interest , Unsecured , Based on borrowers worth Multiple Choice Single Answer The apex institution in the field of Industrial Development is :IDBI Multiple Choice Multiple Answer A member's IMF Quota determines its :Financial commitment , Voting power , Drawing power True/False CP is a usance promissory note hence it can be negotiated by endorsement & delivery. True Multiple Choice Single Answer The objective of ICICI was to assist the :Private sector True/False NABARD provides short term refinance for procurement activities also. True Select The Blank Period of Holiday Insurance is ________. Six months or less