Practice Test


Q1) POC stands for Show Answer


Q2) A business __________ helps a budding business to quickly launch a product and put it in fast lane of commercial success. Show Answer


Q3) RBI was established on Show Answer


Q4) __________ is responsible for monetisation of economy in India. Show Answer


Q5) The rate at which banks borrow money from the RBI against pledging of government securities. Show Answer


Q6) SLR & CRR are __________ measures of credit policy. Show Answer


Q7) SEBI Act came into force from Show Answer


Q8) __________ protects businesses from other businesses’ unfair practices and penalises the erring entities. Show Answer


Q9) Section __________ of IRDAI Act, 1999 lays down duties; powers and functions of IRDAI. Show Answer


Q10) IFCI was established in Show Answer


Q11) SIDBI was established as a wholly owned subsidiary of Show Answer


Q12) SIDBI was set up in Show Answer


Q13) __________ regulates the co-operative banks and RRBs. Show Answer


Q14) NABARD has its head office at Show Answer


Q15) EXIM Bank was set up in Show Answer


Q16) Under __________ competition, product that perform. The same function compete against each other. Show Answer


Q17) Where can the first appeal against SEBI be made? Show Answer


Q18) Which of the following statements about RBI is incorrect? Show Answer


Q19) The Industrial Finance Corporation of India(IFCI) was established in which year? Show Answer


Q20) Which of the following is a direct beneficiary of IFCI? Show Answer


Q21) Where is the headquater of NABARD? Show Answer


Q22) __________ is an Indian Development Bank Show Answer


Q23) SEBI has its Western Regional Office in: Show Answer


Q24) SEBI has several functions rolled into one body. Which one of the following is not the function of SEBI? Show Answer


Q25) The RBI has been vested with extensive power to control and supervise commercial banking system under the: Show Answer


Q26) Who is the custodian of the nation’s foreign exchange reserves? Show Answer


Q27) NABARD refinances the financial institutions which finances the __________. Show Answer


Q28) NABARD is the most important institution in the country which looks after the development of the __________. Show Answer


Q29) The LAC curve envelopes many SAC curves, it is therefore also called _____ Show Answer


Q30) NABARD serves as an apex financing agency for the institutions providing investment and production credit for promoting the various developmental activities in ______ Show Answer


Q31) The EXIM bank does not perform one of the following functions: Show Answer


Q32) NABARD is the most important institution in the Country Which looks after the development of the Show Answer


Q33) Who of the following is not primarily a profit seeking institution? Show Answer


Q34) The RBI has been vested with extensive power to control and supervise commercial banking system under which Act? Show Answer


Q35) The Reserve Bank of India being the Central Bank of India performs all the central banking functions. Which one of the following is not the functions of RBI? Show Answer


Q36) A Watch Company of Malaysia investing in a textile company in India is an example of - Show Answer


Q37) Which one of the following is not the role of the Competition Commission of India? Show Answer


Q38) _________ is a process in which the Resident of one Country acquires ownership of Financial Assets / Securities in another Country. Show Answer


Q39) When was IRDAI constituted? Show Answer


Q40) Which of the following statements is not true about FPI Show Answer


Q41) A category of Facilitators, who operate to ease the doing of business - Show Answer


Q42) Which Section of IRDAI Act, 1999 lays down the duties, powers and functions of IRDAI? Show Answer


Q43) An example of Point of Contact (POC) Business Facilitators Show Answer


Q44) SIDBI caters to the needs of - Show Answer


Q45) SEBI, RBI and IRDA are: Show Answer


Q46) Which of the following is not a function of SIDBI? Show Answer


Q47) Who is the custodian of the nation?s foreign exchange reserves? Show Answer


Q48) The subsidiary of SIDBI that enables faster realization of receivables by MSMEs Show Answer


Q49) Which of the following statements about RBI is incorrect? Show Answer


Q50) EXIM Bank acts as an apex Banking Institution in - Show Answer


Q51) The RBI has been vested with extensive power to control and supervise commercial banking system under the - Show Answer


Q52) EXIM Bank activities include - Show Answer


Q53) A __________ emanates from decision and decision is taken in line with ______. Identify the right expression to in the blanks: Show Answer


Q54) Which of the following is not a function of EXIM Bank? Show Answer


Q55) For the discharge of its functions efficiently, SEBI has been vested with the following powers: Show Answer


Q56) Provision of finance for agriculture is now handled by Show Answer


Q57) What is the constitution of Competition Commission of India? Show Answer


Q58) NABARD is a - Show Answer


Q59) SEBI has several functions rolled into one body. Which one of the following is not the function of SEBI? Show Answer


Q60) Which of the following is not correct about RBI? Show Answer


Q61) Central Bank is one which constitutes the- Show Answer


Q62) Which of the following is the monetary authority of a country? Show Answer


Q63) The Industrial Finance Corporation of India (IFCI) was established in which year? Show Answer


Q64) Identify which of these is not a function of the Central Bank. Show Answer


Q65) Identify which of these is not a function of the Central Bank Show Answer


Q66) Which of the following is not the function of RBI. Show Answer


Q67) FDI in sectors / activities which do not require any prior approval either of the Government or the Reserve Bank of India is identified as: Show Answer


Q68) Since when was IFCI been converted into a private limited company? Show Answer


Q69) Which of the following statements about Central Bank is incorrect? Show Answer


Q70) SEBI has to be responsive to the needs of groups, which constitute the market: Show Answer


Q71) The currect CRR is - Show Answer


Q72) Which one of the following statements is incorrect? Show Answer


Q73) The currect SLR is- Show Answer


Q74) Which of the following statements about IFCI is not true? Show Answer


Q75) Which of the following is a quantitative measure of credit policy- Show Answer


Q76) The method of FDI other than Automatic route is called: Show Answer


Q77) Which of the following is a direct beneficiary of IFCI? Show Answer


Q78) The rate of interest at which the RBI lends to Banks Show Answer


Q79) FIPB stands for: Show Answer


Q80) Bank Rate at 1% = Show Answer


Q81) Which institution has been recently designated as a nodal agency for Scheme of Credit Enhancement Guarantee of Scheduled Caste entrepreneurs? Show Answer


Q82) If current Bank Rate is 9% and RBI decreases it by 10 basis points, the New Rate will be Show Answer


Q83) ________ is rate at which Banks borrow money from the RBI against pledging or sale of Government Securities to RBI. Show Answer


Q84) ________ is the rate of interest offered by RBI, when Banks deposit their Surplus Funds with the RBI for short periods. Show Answer


Q85) Which of the following, set up in 1990, is the Principal Financial Institution for the Promotion, Financing and development of the Micro, Small and Medium enterprise sector? Show Answer


Q86) SEBI stands for - Show Answer


Q87) Identify the sector where, FDI is not permitted: Show Answer


Q88) Headquarter of SEBI is located at Show Answer


Q89) Which among the following complaints not dealt by SEBI. Show Answer


Q90) The Chairman of SEBI shall be appointed by the Show Answer


Q91) SIDBI does not function as a Nodal / Implementing Agency to which ministry of the Government. Show Answer


Q92) How many officials of RBI shall be members of the SEBI Board? Show Answer


Q93) Duties of SEBI does not include - Show Answer


Q94) Which bank took over the operations of the international finance wing of IDBI, and became the principal financial institution in the field of international trade in India? Show Answer


Q95) Which of the following groups does not constitute the Securities Market? Show Answer


Q96) SEBI has its Western Regional Office in: Show Answer


Q97) SEBI?s functions are classified as - Show Answer


Q98) Sale of 50% stake in a PSU to a single private sector company is an example of: Show Answer


Q99) Appeal against SEBI?s Orders lies to the Show Answer


Q100) Which of the given statements does not stand true for EXIM Bank? Show Answer


Q101) Example of Secondary Market Show Answer


Q102) Where is the headquarter of NABARD? Show Answer


Q103) Power of SEBI under the SEBI Act. Show Answer


Q104) Large number of SHGs have been linked to credit, resulting in an important Indian tool for microfinance, by the endeavour of: Show Answer


Q105) Under the SCRA, the SEBI has power to Show Answer


Q106) The regional office of SEBI is not located in : Show Answer


Q107) The situation where products perform the same function and compete against each other is called - Show Answer


Q108) FDI is allowed in : Show Answer


Q109) _______ is the conflict between vendors whose products or services are not the same, but that could satisfy the same consumer need. Show Answer


Q110) Which one of the following is an Indian regulatory body that facilitates business organizations? Show Answer


Q111) IRDAI stands for - Show Answer


Q112) _________ is an Indian Development Bank. Show Answer


Q113) Which of the following statements is true? IRDAI comprises of - Show Answer


Q114) FDI Limit in Insurance Sector is - Show Answer


Q115) Which of the following is not an Indian Development Bank? Show Answer


Q116) Which of the following is not a regulatory body: Show Answer


Q117) SEBI was set up to regulate: Show Answer


Q118) Which of the following is the banker's bank Show Answer


Q119) Which of the following is not a method of credit control Show Answer


Q120) BRICS stands for: Show Answer


Q121) Which of the following a development bank: Show Answer


Q122) Business facilitator is/are: Show Answer


Q123) Which condition, or which is not true out of options about bank rate: Show Answer


Q124) Which one of the following is the funding institution. Show Answer


Q125) SIDBI includes small, micro or enterprise . Show Answer


Q126) …………… represents the ratio of liquid assets of the banks to their deposit liabilities. Show Answer


Q127) Which institution includes money market and forex market. Show Answer


Q128) Permission to NRI to invest upto in high priority areas. Show Answer


Q129) Which of these is a regulatory institution. Show Answer


Q130) Which of the following persons organises shipments for the business firms to get goods from manufacturer to the market Show Answer


Q131) He advises the business of various sources of finance. Show Answer


Q132) _________ helps to create and grow young business by providing them necessary support Show Answer


Q133) Fashion house obtains its supplies for his business. It is an example of Show Answer


Q134) Issue of currency, custodian of foreign exchange reserves, Banker’s bank, all are the functions of Show Answer


Q135) One percent is equal to __________ basis points Show Answer


Q136) SLR and CRR are which type of measures of credit control Show Answer


Q137) SEBI, Act come into force with effect from Show Answer


Q138) Head Quarter of SEBI is at Show Answer


Q139) SEBI drafts regulations in its Show Answer


Q140) SEBI conducts investigation and enforcement action in its functions Show Answer


Q141) ________ was enacted to prevent practices having an appreciable adverse effect on competition. Show Answer


Q142) _________ is the apex statutory body which regulates and develops insurance industry in India Show Answer


Q143) Ratio of cash to the total deposits that the banks are required to maintain on a daily Basis Show Answer


Q144) Ratio representing liquid assets of bank to their deposit liabilities Show Answer


Q145) _______ is the wholly owned subsidy of IDBI Show Answer


Q146) Which of the following act as the principal financial institution in the field of international trade of India Show Answer


Q147) NABARD stands for Show Answer


Q148) Who was the regulatory body for controlling financial affairs in India before SEBI Show Answer


Q149) Which of the following is not a development bank? Show Answer


Q150) SEBI Function Consists of Show Answer


Q151) Competition Commision of India is formed to Show Answer


Q152) Which of the following body has been dissolved recently Show Answer


Q153) Which of the following is not a function of RBI Show Answer


Q154) IFSC has founded and developed Show Answer


Q155) The first appeal of Securities Exchange Board of India Show Answer


Q156) SEBI, RBI & IRDA are Show Answer


Q157) Which of the following is the indicator of bank's liquidity ratio ? Show Answer


Q158) Controller of capital issues was replaced by which of the following regulatory authority ? Show Answer


Q159) Which of the following is not an objective of establishing the competition commission of India ? Show Answer


Q160) SEBI was setup to regulate the : Show Answer


Q161) Which of the following is not a regulatory body ? Show Answer


Q162) Which of the following financial institution is known for dealing in SHG bank linkage program : Show Answer


Q163) IRDAI full form : Show Answer


Q164) How many members of SEBI should be from RBI ? Show Answer


Q165) SEBI Act, 1992 was come in effect on : Show Answer


Q166) SEBI, RBI and IRDAI are : Show Answer


Q167) The competition commission of India was established on : Show Answer


Q168) MRTP Act, 1969 stands replaced with the enforcement of the following Act : Show Answer


Q169) Which of the following institution has a portfolio of Natural Resource management programs involving diverse fields like watershed development, tribal development etc. through dedicated funds set up for the purpose : Show Answer


Q170) A company who organizes shipments for the business firm to get goods from the manufacture to final point of distribution is called as : Show Answer


Q171) Full form of NABARD is ___
Show Answer


Q172) Which of the following is the oldest non-funding institution ?
Show Answer


Q173) The constitution of CCI has 1 chairperson and ___ members appointed by the Central Government.
Show Answer


Q174) Headquarter of NABARD is at Show Answer


Q175) MRTP Act of the government to check on the concentration of wealth among individual is an example of -
Show Answer


Q176) Which of the following is a function of RBI ?
Show Answer


Q177) After four decades of independence, special funding institutions were set up for industrial development, they were.
Show Answer


Q178) In India, monetary policy is implemented by. Show Answer


Q179) CCI was established on
Show Answer


Q180) Quantitative measures of credit control except - Show Answer


Q181) The Central office of RBI was initially established in Show Answer


Q182) The capital markets are controlled by Show Answer


Q183) SHG is linked with - Show Answer


Q184) Which of the following is not function of RBI ? Show Answer


Q185) Which is not the characteristic festure of expansion phase in business cycle ? Show Answer