Practice Test


Q1) Under repo rate banks can borrow above SLR requirements, under MSF, banks can borrow within SLR requirements.
Select the above correct statements.
Show Answer


Q2) Which among the following in India can use ‘Repo Bonds’ to raise short term money from markets?
1. Commercial Bank
2. Regional Bank
3. Corporate
4. Governments
Select the above correct statements
Show Answer


Q3) A Company making a public of securities has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospects with the registrar of Companies. What information does this Draft Red Herring Prospects 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
Show Answer


Q4) Consider the following statements:
1. Government of India has set up a Price Monitoring Cell(PM
C) in the department of Agriculture to monitor and analyze price data and trends of availability of essential commodities.
2. Price Monitoring Cell (PMC) monitors 21 essential commodities.
Select the above correct statements.
Show Answer


Q5) One of the economic laws says that as income increases, the proportion of starchy staples in the food basket decline relative to the share of more expensive sources of calories. Recent NSSO data showing a significant increase in the share of protein rich items in total food expenditure, both in rural and urban areas of India to confirm this hypothesis.

What this hypothesis is known as?
Show Answer


Q6) Consider the following statements about Infrastructure Debt Fund (IDF) in India:
1. Infrastructure debt fund are regulated by Planning commission
2. Infrastructure debt fund can be established as a trust in India, but not in company.
Select the above correct statements.
Show Answer


Q7) In one of the Seminar’s the Governor of RBI said that the schemes like ‘Mahatma Gandhi National Rural Employment Guarantee Scheme’ (MNREGA) have played role in increasing inflation. How MNREGA could have stirred up inflationary pressure?
1. By Increasing demand 2. By increasing rural wage
3. By increasing production Select the above correct statements.
Show Answer


Q8) In context with India’s oil and gas fields consider the following.
1. Only gas Fields 2. Only Oil fields 3. Oil and gas fields.
Which among the following option gives the correct order of numbers of fields classified as above?
Show Answer


Q9) It has been generally viewed that when an economy grows beyond its potential growth rate, it causes inflation. How does growing faster than the potential rate cause inflation? Show Answer


Q10) Consider the following statement context with India’s planning commission:
1. A Planning in the sense of formal projects on the basis of the certain sets of assumption started only in the second five year plan in India.
2. The Mahalanobis model of growing corporate possibilities opened up the foreign trade. Select the above correct statements.
Show Answer


Q11) Which among the following given a justification about the fact ‘Green Revolution has not been green as it made out to be’
1. It helped only farmers 2. It confined to selected areas only
3. It confined only to wheat
Select the above correct statements
Show Answer


Q12) Consider the following
1. Trade and earn revenue
2. Become the sole controller of food grain supply
3. Prevent Black marketing
Which among the following are the primary objectives of the government to buy food grains directly from the farmers?
Show Answer


Q13) India has a high export earnings from diamonds. In this context, consider the following:
1. Small Production of Industrial Diamonds
2. High Diamonds stock
3. Availability of experts on cutting and polishing.
Which among the above is most appropriate reason being the above statements?
Show Answer


Q14) 1853 is a landmark in India’s Transport because of:
1. First cargo plane 2. First train 3. First sir plane
4. First cargo ship
Which of the above is correct answer?
Show Answer


Q15) Consider the following factors:
1. High investment in Industries
2. Expanding market
3. Dynamic entrepreneurship
Which of the above are required for accelerated growth of an economy?
Show Answer


Q16) Which among the following is the most important bulk import of India? Show Answer


Q17) Which among the following is characterizes by highest fixed cost and lowest Running cost? Show Answer


Q18) Consider the following works:
1. Arrange facilities for transport of Agriculture produce
2. Acquire building and go down at suitable places
3. Subscribing to share capital of state warehousing corporations
Which among the above function a performed by central warehousing corporation
Show Answer


Q19) Which among the following is the cheapest mode of transport in terms of fixed plus running costs? Show Answer


Q20) Consider the following
1. Use of hybrid yielding varieties seeds. 2. Uneconomical and fragmented
3. Inefficient labour force.
Which among the above are the reasons for low productivity in Indian Agriculture?
Show Answer


Q21) Which among the following was set up by government of India in 1988 with objective of developing multi model logistics support for India’s International and domestic containerizes cargo and trade Show Answer


Q22) Who among the following leaders announced the industrial policy of 1956? Show Answer


Q23) Which among the following is correct full form of SIDO: Show Answer


Q24) What is the meaning of “financing” in the financial market? Show Answer


Q25) Financial instrument such as commercial paper can be sold Show Answer


Q26) Type of instrument whoever holds it, gets interest and principal amount is classified as Show Answer


Q27) Negotiable deposit certificate are traded in Show Answer


Q28) In primary markets, property of shares which made it easy to sell newly issued security is considered as Show Answer


Q29) India is a member of the International Monetary Fund since __________. Show Answer


Q30) Markets in which derivatives are traded, are classified as Show Answer


Q31) Transaction cost of trading of financial instruments in centralized market is classified as Show Answer


Q32) Type of market in which securities with less than one year maturity are traded, is classified as Show Answer


Q33) Financial instruments of public markets include Show Answer


Q34) The market which deals in trade bills, promissory notes and government papers or bills, which are drawn for short-periods is called Show Answer


Q35) A financial market in which short-term papers or bills are brought and sold is known as Show Answer


Q36) In order to protect the interests of investors and regulate the working of stock exchanges, the Government in 1988 set up the Show Answer


Q37) The financial market for long-term funds is known as Show Answer


Q38) Finance Function comprises Show Answer


Q39) The objective of wealth maximization takes into account Show Answer


Q40) Financial management mainly focuses on Show Answer


Q41) When the market's required rate of return for a particular bond is much less than its coupon rate, the bond is selling at Show Answer


Q42) If an investor may have to sell a bond prior to maturity and interest rates have risen since the bond was purchased, the investor is exposed to Show Answer


Q43) Interest rates and bond prices Show Answer


Q44) Development financial institutions include__________. Show Answer


Q45) The unorganized financial system includes__________. Show Answer


Q46) Development financial institutions have been established to cater to __________ of the industrial sector. Show Answer


Q47) The ultimate source of money in India is__________. Show Answer


Q48) Long-term debt instruments have a maturity of__________. Show Answer


Q49) The organized financial system includes__________. Show Answer


Q50) The unorganized financial system comprises of __________. Show Answer


Q51) The lender of the last resort to the market is the __________. Show Answer


Q52) The term refers financial investment in a highly risky and growth oriented venture with the objective of earning a high rate of return. Show Answer


Q53) .............. is a road towards a high growth economy. Show Answer


Q54) ............... act as an intermediary to link up the sources of ideas and the sources of fund. Show Answer


Q55) V C Fs of specialized financial institution promoted by . Show Answer


Q56) I D B I , I F C I , I C I C I etc. are promoted by . Show Answer


Q57) Write the example of V C Fs of state financial institution. Show Answer


Q58) Which of the following is a V C F promoted by specialized financial institution. Show Answer


Q59) off shore VCFs are promoted by _________& financial institution. Show Answer


Q60) High risk is an outstanding feature of..................... Show Answer


Q61) _________is needed for developing a product in the initial stages. Show Answer


Q62) ............... capital is needed for product development and initial marketing Show Answer


Q63) _______provided at a stage when product has been launched in the market but has not earned enough profits to meet future capital needs. Show Answer


Q64) ............... capital is provided for early manufacturing and marketing expense. Show Answer


Q65) The additional finance provided by VCFs to overcome fledging stage is called . Show Answer


Q66) ............... is known as Mezzanine capital. Show Answer


Q67) _________stage is called fledging stage. Show Answer


Q68) -----------stage of financing includes financing development, expansion, buyout etc. Show Answer


Q69) ............... is known as bridge finance. Show Answer


Q70) ............... refers to transfer of management control. Show Answer


Q71) ............... refer to the process of acquiring an existing product line by the current operating management Show Answer


Q72) We should keep our savings with banks because Show Answer


Q73) Bank does not give loan against Show Answer


Q74) Bank having maximum number of branches in India Show Answer


Q75) 100/- Rupee note is signed by Show Answer


Q76) ATM password should be kept in Show Answer


Q77) ATM password to be shared only with Show Answer


Q78) Nomination can be done in Show Answer


Q79) Who is the present Governor of RBI? Show Answer


Q80) Minimum age required to open SB account in the bank Show Answer


Q81) Bank does not provide loans for Show Answer


Q82) KYC means Show Answer


Q83) Loans from money lenders are Show Answer


Q84) ATM means Show Answer


Q85) Timely repayment of loans results Show Answer


Q86) Defaulter of loan means Show Answer


Q87) Life insurance means Show Answer


Q88) General Insurance relates to insurance against Show Answer


Q89) Aadhaar is Show Answer


Q90) E or S means Show Answer


Q91) Industrial Finance Corporation of India (IFCI) was established in : Show Answer


Q92) States earn maximum revenue through Show Answer


Q93) Abid Husain Committee is related to ? Show Answer


Q94) Which one of the following is the banker of the banks Show Answer


Q95) Which five year plan is also known as "Gadgil Yojana" Show Answer


Q96) The increase in oil seeds production was due to ? Show Answer


Q97) The progress in increase of fish production was called Show Answer


Q98) Which state is the biggest tea producer in the country ? Show Answer


Q99) India holds the third position in production of Sugar cane. Show Answer


Q100) When was SIDBI established Show Answer


Q101) What is one of the major objectives of SIDBI ? Show Answer


Q102) Which among the following is not an initiative of SIDBI? Show Answer


Q103) Who has the majority shareholding in SIDBI? Show Answer


Q104) What is the authorised capital of SIDBI? Show Answer


Q105) What is the paid up capital of SIDBI? Show Answer


Q106) Which one out of the following subsidiaries has been set up by SIDBI with the concept of “funding the unfunded” micro enterprises Show Answer


Q107) What is the authorised capital of MUDRA? Show Answer


Q108) What is the maximum limit of loan that can be availed under under Pradhan Mantri Mudra Yojana? Show Answer


Q109) According to funding needs, under how many categories beneficiaries are divided under MUDRA? Show Answer


Q110) Which of the following bank is the sponsor bank of Central Madhya Pradesh Gramin Bank? Show Answer


Q111) Which of the following bank is the sponsor bank of Chaitanya Godavari Grameena Bank? Show Answer


Q112) Which of the following bank is the sponsor bank of Chhattisgarh RajyaGramin Bank? Show Answer


Q113) Which of the following bank is the sponsor bank of Dena Gujarat Gramin Bank? Show Answer


Q114) Which of the following bank is the sponsor bank of EllaquaiDehati Bank? Show Answer


Q115) Which of the following bank is (?????) Show Answer


Q116) Which of the following bank is the sponsor bank of J&K Grameen Bank? Show Answer


Q117) Which of the following bank is the sponsor bank of Jharkhand Gramin Bank? Show Answer


Q118) Which of the following bank is the sponsor bank of Karnataka VikasGrameena Bank? Show Answer


Q119) The International Co-operative Alliance appointed a sub-committee in for the first reformulation of Principles of Co-operative Sector. Show Answer


Q120) For the second reformulation of Principles of Co-operative Sector, The International Co-operative Alliance appointed a sub-committee in Show Answer


Q121) The International Co-operative Alliance revised the co-operative principles for the third time in its Manchester Congress in Show Answer


Q122) ..............has been compared to a “State within A State” Show Answer


Q123) .................plays an equalizing role as a welfare factor in a capitalistic economy. Show Answer


Q124) is a voluntary and democratic association of human beings, based on equality
of control, opportunity, distribution and mutuality for the promotion of their common interests as producers or consumers
Show Answer


Q125) serves as an organizational instrument for the economically weaker
producers-farmers, artisans or workers and consumers for strengthening themselves and protecting themselves against the exploitation by the stronger.
Show Answer


Q126) The word literally means to work together or act together. Show Answer


Q127) The I.C.A appointed a Commission in to ascertain how far the
principles of the Rochdale as defined by I.C.A in 1937 are observed today and the reasons for any non-observance
Show Answer


Q128) is based on the principle of self interest, maximization of profits
and exploitation
Show Answer


Q129) Recently RBI came up guidelines to incorporate the Name of the Purchaser on the Face of the Demand Draft. These instructions are applicable on instruments issued on or after _____ ? Show Answer


Q130) Within how many working days, the customer has to notify the bank regarding the unauthorised transaction so that there is zero liability of customer? Show Answer


Q131) The Foreign Account Tax Compliance Act (FATCA) is related to citizens of which country? Show Answer


Q132) Consider the following statements regarding Ombudsman Scheme for NBFC:a) Section 45L of the RBI Act, 1934 confers powers on RBI to notify such scheme
b) NBFCs having customer interface, with assets size of one billion rupees or above are eligible to be covered under the scheme
c) The scheme is initially being introduced at the four metro centers
d) All NBFCs are covered under the scheme
Choose the correct answer from the following options:
Show Answer


Q133) Which among the following does not have Ombudsman office for NBFC? Show Answer


Q134) Under the Ombudsman scheme for NBFC, who is the appellate authority for handling the complaints Show Answer


Q135) Which among the following NBFC are not excluded from the Ombudsman scheme for NBFC? Show Answer


Q136) What is the maximum amount of award that can be passed by Ombudsman for NBFC? Show Answer


Q137) Under NBFC- Peer to Peer Lending Platform Directions, 2017 by RBI, what is the aggregate exposure limit of a single lender to all borrowers at any point of time, across all P2Ps? Show Answer


Q138) Under NBFC- Peer to Peer Lending Platform Directions, 2017 by RBI, what is the aggregate loan limit of a single borrower at any point of time, across all P2Ps? Show Answer


Q139) Capital market regulator is: Show Answer


Q140) Two sell orders enter into the system and are unmatched : 1) 200 shares @ Rs. 72.75 at time 10:30 a.m. which order will get a priority for getting executed. Show Answer


Q141) The Trading Members shall keep the dematerialized securities of Constituents in a separate beneficiary account distinct from the beneficiary account maintained for holding their own dematerialized securities. True or False? Show Answer


Q142) If a client buys shares worth Rs. 5,25,000 and sells shares worth Rs. 4,75,000 through a broker, then the maximum brokerage payable to broker is . Show Answer


Q143) Which of the following economic concepts is ‘categorised on the basis of current account or capital account or both? Show Answer


Q144) Mr. Shah has decided to deposit Rs. 300,000 in the bank annually. If the bank has a policy of continuous compounding and the prevailing interest rate is 12% how much would his deposit grow upto in 3 years? Show Answer


Q145) What does ‘AUI’ indicate as a message code in ‘Full Message window’ in the NEAT system? Show Answer


Q146) Institutional transactions are identified by the use of the at the time of order entry. Show Answer


Q147) A user can simultaneously view a regular inquiry (e.g. MBP) and the Snap Quote display on the trading screen. True or False? Show Answer


Q148) A company has ................ Show Answer


Q149) Shareholders are Show Answer


Q150) Who are the real owners of a company? Show Answer


Q151) A Company is created by Show Answer


Q152) An artificial person created by Law is called : Show Answer


Q153) The liability of members in a Company is : Show Answer


Q154) Liability of a shareholder is limited to ................ of the shares allotted to him: Show Answer


Q155) Maximum number of members in a private company is : Show Answer


Q156) Capital of a Company is divided in units which is called : Show Answer


Q157) Shareholders receive from the company : Show Answer


Q158) .............. means buying the control of a sick company Show Answer


Q159) Venture capital organized in . Show Answer


Q160) Financing sick unit to make them profitable is called ________ Show Answer


Q161) The purpose of valuation is to assess the -------------- & viability of the venture & to device of the percentage of the VCF ownership in the new venture Show Answer


Q162) ..........is used to estimate the value of venture capital investment Show Answer


Q163) The purpose of valuation is to assess the profitability &-----------of the venture Show Answer


Q164) ............... types of valuation method can be adopted by VCFs Show Answer


Q165) In method the starting time & exit time of the venture investment is only considered Show Answer


Q166) In the method the entire earnings stream of the venture investment is considered Show Answer


Q167) The is used to estimate the annual revenue of the new company. Show Answer


Q168) js an interest free loan provided by VCFs without any predetermined repayment schedule. Show Answer


Q169) form of loan financing carries lower interest rates initially & increases when the assisted venture units become commercially operational. Show Answer


Q170) .............. are instruments which carry a lower interest rate plus a royalty on sales Show Answer


Q171) .............. is a combination of conventional and conditional loans Show Answer


Q172) The venture capital process involves post investment Services is also called . Show Answer


Q173) In nurturing the VCFs play only a passive role in the affairs of the venture. Show Answer


Q174) ............... is known as promoters buy back Show Answer


Q175) is a forced exit option results from a failed venture investment Show Answer


Q176) VCFs can be structured as an investment trust under the Indian act . Show Answer


Q177) partner whose liability is unlimited Show Answer


Q178) There are VCFs registered with SEBL Show Answer


Q179) IDBI venture capital fund was starts in . Show Answer


Q180) was setup in 1989 Show Answer


Q181) The first nationalized bank in India to start a VCF Show Answer


Q182) .-------- of the venture capital fund created by government and operated through IDBI. Show Answer


Q183) is oldest private sector venture fund in India. Show Answer


Q184) SIDBI venture capital scheme started operation in . Show Answer


Q185) Software fund is the first dedicated fund for software industry setup in Show Answer


Q186) ._______ is established to provide mezzanine finance to mid-cap companies in the knowledge based sector. Show Answer


Q187) The first bank to set up a separate merchant banking division in India Show Answer


Q188) The first Indian commercial bank to set up a merchant banking division in 1972. Show Answer


Q189) Which of the following is not a fee-based financial service? Show Answer


Q190) Which of the following is not a fund based financial services Show Answer


Q191) AII merchant bankers must have minimum net worth of . Show Answer


Q192) Find out odd one- Authorization criteria of merchant bankers Show Answer


Q193) Financial intermediaries provide services on the basis of non-fund activities, also called Show Answer


Q194) .---------- covers the entire range of services provided by a merchant banker. Show Answer


Q195) Functions of financial services exclude Show Answer


Q196) Financial service companies exclude . Show Answer


Q197) Specialized financial institution, are also known as . Show Answer


Q198) Financial services offered financing risk project e.g. Risk capital scheme of I F C I venture capital fund of I D F I etc. to provide Show Answer


Q199) Identify odd one Show Answer


Q200) In hire purchase system, each installment is treated as till the last installment is paid. Show Answer


Q201) Fee based activity includes . Show Answer


Q202) Asset based service also called . Show Answer


Q203) Non fund based activities also called . Show Answer


Q204) Modern activities exclude. Show Answer


Q205) includes all asset based financing plans offered to individuals to help them acquire durable consumer goods Show Answer


Q206) Functions of a factor exclude Show Answer


Q207) the Factor assume credit risk associated with the ----------- Show Answer


Q208) is the charge for short term financing in the form of advance part payment is in the form of interest charge for the period of advance payment. Show Answer


Q209) Who is the chairman of high powered committee constituted by the R B I under factoring services Show Answer


Q210) The minimum under writing obligation of a load merchant banker is of the total underwriting
commitment.
Show Answer


Q211) The maximum number of lead merchant bankers that can be appointed in the case the issue exceeds Rs.100crore less than Rs.200crore is . Show Answer


Q212) Category 1 merchant bankers can act as Show Answer


Q213) Merchant bankers are Show Answer


Q214) Merchant banker shall not associate with any business other than that of the securities market. Show Answer


Q215) All type of activities which are of a financial nature are called Show Answer


Q216) Find out odd one Show Answer


Q217) The number of lead merchant bankers may not exceeds in case any issue of , issue size less than Rs.50crore,number of MBs Show Answer


Q218) R O C stands for Show Answer


Q219) iS a written consent or authorization representing or acting on Denair or an individual in matters or business, private affairs or other legal matters. Show Answer


Q220) Lead merchant banker should advice the issuer to enter into with a particular intermediary for the purpose of issue management Show Answer


Q221) The number of lead merchant bankers may not exceed in case any issue of, issue size 200crore to 400crore Show Answer


Q222) Post issue management activities include:- Show Answer


Q223) Pre-issue management activities include:- Show Answer


Q224) A merchant bank can help an organization specifically in promotional functions, . Show Answer


Q225) Role of merchant bankers Show Answer


Q226) __________is a financial intermediary who helps to mobilize and transfer capital from those who possess it to those who need it. Show Answer


Q227) is a method of renting assets. Show Answer


Q228) is a long term risk capital to finance high technology projects which involve risk but at same time has strong potential for growth. Show Answer


Q229) _________is the opinion of the rating agency on the relative ability and willingness of the issuer of deby instrument to meet the debt service obligations as and when they arise. Show Answer


Q230) The features of hire purchase Show Answer


Q231) discounting of the bill of exchange is an attractive ---------------based financial service provided by the finance companies Show Answer


Q232) Factoring is method of raising finance through account receivable credit offered by commercial banks and factors Show Answer


Q233) Insurance is a Show Answer


Q234) is a fund based financial service, provides resources of finance receivable as well as facilities the collection of receivables Show Answer


Q235) is a service offered by a stock broker ie; buying and selling or dealing in shares on behalf of the customers Show Answer


Q236) Which is prohibited for writing on currency notes? Show Answer


Q237) PPF means Show Answer


Q238) Highest denomination of currency notes issued by RBI is Show Answer


Q239) NRI means Show Answer


Q240) PAN means Show Answer


Q241) Who is the present Chairman of State Bank of India? Show Answer


Q242) Bank provides loans for Show Answer


Q243) Which currency note has security thread? Show Answer


Q244) The safest place for keeping money Show Answer


Q245) Gold and silver ornaments should be kept in bank lockers Show Answer


Q246) Currency notes are issued by Show Answer


Q247) Coins are issued by Show Answer


Q248) Bank Pass Book is Show Answer


Q249) Banks pays interest on Show Answer


Q250) Bank charges interest on Show Answer


Q251) Education Loans Show Answer


Q252) Business Correspondent means Show Answer


Q253) Internet banking refers to Show Answer


Q254) Nomination once done can Show Answer


Q255) Who can open bank account? Show Answer


Q256) TDS means Show Answer


Q257) Maximum amount of Cheque Show Answer


Q258) Bank draft is issued by Show Answer


Q259) Self Help Group involves Show Answer


Q260) Payment of cheque can be stopped by Show Answer


Q261) Account payee cheques can be paid Show Answer


Q262) In Recurring Deposits Show Answer


Q263) While making nomination, signature of nominee is required on Show Answer


Q264) Interest on Savings Bank Deposits is paid Show Answer


Q265) Mutilated notes Show Answer


Q266) ATM can be used for Show Answer


Q267) Upon detection of a counterfeit note at the counter, Bank Show Answer


Q268) Fixed Deposit can Show Answer


Q269) Interest on FDRs is compounded on Show Answer


Q270) Contents of locker are Show Answer


Q271) If locker rent is not paid, Bank can Show Answer


Q272) MGNREGS stands for Show Answer


Q273) Maximum tenure of Fixed Deposit is Show Answer


Q274) Domestic debit card Show Answer


Q275) To whom Overdraft facility of Rs.5,000/- in PMJDY Account is available? Show Answer


Q276) What is Direct Benefit Transfer? Show Answer


Q277) What is meant by Aadhaar seeding? Show Answer


Q278) What are the benefits attached to PMJDY? Show Answer


Q279) Who can open an account under PMJDY? Show Answer


Q280) Who is Bank Mitra? Show Answer


Q281) What is the maximum amount of deposits acceptable in Small accounts? Show Answer


Q282) What kinds of services are available free in 'Basic Savings Bank Deposit Account'? Show Answer


Q283) What is the minimum deposit required while opening a BSBD Account? Show Answer


Q284) What is Atal Pension Yojana (APY)? Show Answer


Q285) What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)? Show Answer


Q286) What is Pradhan Mantri Jivan Jyoti Bima Yojana (PMJJBY)? Show Answer


Q287) Which type of deposits earns higher interest rate? Show Answer


Q288) Under PMSBY, accidental death claim is available for: Show Answer


Q289) What is validity period of cheque? Show Answer


Q290) Can illiterate person be issued Debit card? Show Answer


Q291) Under APY, fixed pension can be chosen from: Show Answer


Q292) PMJDY LIC Insurance of Rs.30,000/- is available for first time accounts opened Show Answer


Q293) are not covered under
PMJDY Life Insurance Scheme of Rs.30,000/-
Show Answer


Q294) South Indian Bank has its headquarter in which state? Show Answer


Q295) Which of the following banks has its headquarters in Tamil Nadu? Show Answer


Q296) Which of the following banks is ready to acquire Micro finance Grama Vidiyal? Show Answer


Q297) The newest private sector bank, Bandhan Bank has announced that it targets 180 new branches by March 2017. Who is the MD and CEO of Bandhan Bank? Show Answer


Q298) Which is the first bank in India to integrate the Masterpass QR Mobile Payment solution? Show Answer


Q299) Which bank has become the first private sector bank to sell Indian gold coins? Show Answer


Q300) Which private bank was earlier known as The Kumbakonam Bank Limited? Show Answer


Q301) Which Private bank is the wholly owned subsidiary of Bank of Baroda? Show Answer


Q302) Yes Bank in August 2016 rolled out which facility under its ‘Yes We Care’ initiative? Show Answer


Q303) Name the mobile banking app of Kotak Mahindra Bank (KMB) launched primarily for “un-banked” regions? Show Answer


Q304) The Hinduja Group, headquartered at London, UK owns the IndusInd Bank in India. Where are the headquarters of IndusInd bank? Show Answer


Q305) Which of the following banks has teamed up with Apollo to set up Asset Reconstruction Company (ARC)? Show Answer


Q306) Which one of the following is controlled by the World Wide Web? Show Answer


Q307) Who has been named as the best banking CEO in Asia by the All-Asia Executive Team rankings 2016? Show Answer


Q308) Among the following banks, which bank has been renamed as Axis Bank Ltd? Show Answer


Q309) Oudh Commercial Bank was founded in _______. Show Answer


Q310) Which was the second bank in India with limited liability? Show Answer


Q311) Punjab National Bank was established in ________. Show Answer


Q312) Which movement encouraged the formation of commercial banks? Show Answer


Q313) When did the banking crisis of 1913-1917 end? Show Answer


Q314) When the statutory7 potvers was given to Securities and Exchange Board of India Show Answer


Q315) Where the headquarters of SEBI is located Show Answer


Q316) In 2013 Union budget of India, in which category highest amount of money is allocated Show Answer


Q317) Which one is the largest source of revenue for the Indian Government Show Answer


Q318) When the Value Added Tax was first introduce in India Show Answer


Q319) Devaluation of currency leads to ? Show Answer


Q320) Sales Tax is Show Answer


Q321) Which five year plan is also known as "Gadgil Yojana" ? Show Answer


Q322) When community development programme (CDP) started ? Show Answer


Q323) India is the largest milk producing country in the world . Show Answer


Q324) The main office of Regional Office for Asia and the Pacific of ICA is
at
Show Answer


Q325) Expand CCW Show Answer


Q326) Expand ICAO Show Answer


Q327) The Cooperative Credit Societies Act was passed in Show Answer


Q328) The Cooperative Societies Act was passed in Show Answer


Q329) The Reserve Bank of India was established in Show Answer


Q330) In the five year plan the Central Committee for Cooperative
Training was established
Show Answer


Q331) In the National Cooperative Development Corporation(NCDC) was
established for strengthening the cooperative activities.
Show Answer


Q332) Expand NCDC Show Answer


Q333) In the five year plan the All India Rural Credit Review
Committee was set up.
Show Answer


Q334) In 1970 the Reserve bank of India set up the for the review of
rural credit system
Show Answer


Q335) The Committee constituted to Review the Arrangements for
Institutional Credit for Agriculture and Rural Development in 1981, recommended the establishment of NABARD
Show Answer


Q336) The Sivaraman Committee constituted to Review the Arrangements for
Institutional Credit for Agriculture and Rural Development in 1981, recommended the establishment of
Show Answer


Q337) The Sivaraman Committee was constituted in the five year plan and it
recommended the establishment of NABARD.
Show Answer


Q338) The committee was appointed by the Planning Commission of
India to prepare a Model Cooperative Bill.
Show Answer


Q339) In India cooperative legislation started in Show Answer


Q340) The shortcomings in the Act of 1904 was removed by another legislation known
as
Show Answer


Q341) The committee,1945 observed that the Act of 1912 needed revision in certain respects and recommended that the provinces in which the cooperative societies act of 1912 was in force should pass special acts keeping in view their past experience and the future needs of the movement. Show Answer


Q342) The report submitted by the consisted of two volumes: the
first contained Model Cooperative Societies Bill and Rules and the second volume contained model bye-laws for various types of societies.
Show Answer


Q343) A novel form of cooperative organization known as Producer Company was introduced by amending the Show Answer


Q344) NCUI is Show Answer


Q345) PACS is Show Answer


Q346) LAMPS stands for Show Answer


Q347) DCCBs stands for Show Answer


Q348) SCARDBs stands for Show Answer


Q349) SCBs stand for Show Answer


Q350) NAFED stands for Show Answer


Q351) The Established in 1958 has been playing an important role in
the development of cooperative marketing in India.
Show Answer


Q352) The National Agricultural Cooperative Marketing Federation established in has been playing an important role in the development of cooperative marketing in India. Show Answer


Q353) The first marketing cooperative was organized at In the former Bombay
province in 1915
Show Answer


Q354) The first marketing cooperative was organized at Hubli in the former Bombay
province in
Show Answer


Q355) The National Cooperative Consumers’ Federation was established during the Plan. Show Answer


Q356) DCCWSs stands for Show Answer


Q357) NCHF stands for Show Answer


Q358) The Urban cooperative banks, salary earners’ societies, thrift and credit societies are examples of Show Answer


Q359) The implemented the “Operation Flood Programme Show Answer


Q360) LAMPS, TDCCFs, BISCOLAMF, TRIFED are cooperatives working for the
upliftment of
Show Answer


Q361) The Jute industry is one of the major industries in Show Answer


Q362) The first Diary Cooperative Society was registered in 1913 at Show Answer


Q363) The first Diary Cooperative Society was registered in 1913 at Allahabad in UP
was called
Show Answer


Q364) The Kaira District Cooperative Milk Producers Union at Anand was formed in Show Answer


Q365) The Kaira District Cooperative Milk Producers Union was formed in 1946
at
Show Answer


Q366) . The products of is popularly known by the brand name
‘Amul’.
Show Answer


Q367) Operation Flood Programme is related to organizing throughout the
country.
Show Answer


Q368) The Operation Flood progamme was started on Show Answer


Q369) Robert Owen, Dr. William King, Lougi Luzzatti, Louis Blanc are examples of some of the Show Answer


Q370) The process of concentration of cooperative activities at the primary level either
by the amalgamation of two or more societies carrying out the same business or by the incorporation of several functions in one society is known as
Show Answer


Q371) Two or more single-purpose societies working closely together without losing their identity is called Show Answer


Q372) The Kerala State Handloom Weavers Co Operative Society Ltd is known by the
sobriquet was formed in the beginning of 1961 for the Weavers in the Co¬
Operative Sector of Kerala
Show Answer


Q373) The , the Apex Federation of Co-operative
Societies engaged in the manufacture of coir and coir products is entrusted with the task of marketing the product of the Co-operative Societies
Show Answer


Q374) is instrumental in implementing the novel schemes of Govt. of
Kerala like Distress purchase scheme, Fibre subsidy scheme, Price fluctuation fund, Purchase price stabilization scheme etc
Show Answer


Q375) Cocofert, Cocoplus, Cocogeo fabric, Dustout and Deepsleepare the brand names of products of Show Answer


Q376) MATSYAFED refers to Show Answer


Q377) The is the apex federation of the consumer cooperatives in
India.
Show Answer


Q378) NCCF was set up on and is administered under the Multi
State Cooperative Societies Act 2002
Show Answer


Q379) NCCF was set up on 16 October, 1965 and is administered under the Show Answer


Q380) is the apex institution for financing housing through the Primary
Housing Co-operatives (PHCs) in Kerala State.
Show Answer


Q381) The KSCHF was registered on Show Answer


Q382) The was established in 1969 as an apex organization for
coordinating, guiding and promoting cooperative housing activities in India.
Show Answer


Q383) The Kerala State Handloom Weavers Co Operative Society Ltd. “Hantex” was
formed in the beginning of for the Weavers in the Co-Operative Sector of
Kerala.
Show Answer


Q384) The National Agricultural Cooperative Marketing Federation (NAFED),
established in
Show Answer


Q385) National Co- operative Development Corporation (NCDC) was setup in Show Answer


Q386) National Co- operative Development Corporation (NCDC) was setup in 1963 by
the Central Government by passing
Show Answer


Q387) The was setup in 1963 by the Central Government
by passing NCDC Act in 1962
Show Answer


Q388) The creation of in 1965 was a major step towards
the organisation of dairying on cooperative lines.
Show Answer


Q389) The creation of National Dairy Development Board (NDDB)in was a
major step towards the organisation of dairying on cooperative lines.
Show Answer


Q390) In 1969-70 NDDB introduced a scheme for the development of dairy co¬operatives known as Show Answer


Q391) The first marketing cooperative was organized at in the former Bombay
Province in 1915
Show Answer


Q392) The first marketing cooperative was organized at Hubli in the former Bombay
Province in
Show Answer


Q393) When Agro processing companies enter into contract with the farmers to provide
the farmers with the inputs like fertilizers, seeds, pesticides and guidelines to grow crops and buy back the products with a rate specified in advance, it is known as
Show Answer


Q394) The well-known sobriquet ‘MILMA’ refers to Show Answer


Q395) Kerala Co-operative Milk Marketing Federation (KCMMF), popularly called
‘MILMA’ was established in
Show Answer


Q396) The farmer-owned Co-operative Model with is integrated approach to
production, procurement, Processing and Marketing of milk came to be known as
Show Answer


Q397) The Registered Office of NAFCUB is at and the area of operation
is whole of the country
Show Answer


Q398) The was set up in 1960 & is administered under the
Multi-State Cooperative Societies Act, 2002.
Show Answer


Q399) The number of SCARDBs in India as on 31st March 2013 is Show Answer


Q400) The number of PCARDBsin India as on 31st March 2013 is Show Answer


Q401) The number Branches of PCARDBs in India as on 31st March 2013
is
Show Answer


Q402) The National Co-operative Agriculture & Rural Development Banks’ Federation
was registered on
with the main objective of promoting the
interests of the Long Term Co-operative Credit Structure (LTCCS) movement in the country
Show Answer


Q403) The term “cooperative farming” is collective farming. Show Answer


Q404) In India, the first cooperative land mortgage bank was established in 1920
at
Show Answer


Q405) It was from the beginning of the that the policies oriented
towards development purposes were adopted and land mortgage banks were called “Land Development Banks”.
Show Answer


Q406) The are organized in 3 tiers namely; state, central, and
primary level and they meet the long term credit requirements of the farmers for developmental purposes.
Show Answer


Q407) are now known as Cooperative Agriculture and Rural
Development Banks
Show Answer


Q408) The origins of the urban co-operative banking movement in India can be traced
to the close of
Show Answer


Q409) Committee to Review Arrangements For Institutional Credit for Agricultural and
Rural Development, under the chairmanship of Sri B Sivaraman recommended the establishment of
Show Answer


Q410) At Ajmer in Rajasthan the first DCB was established in Show Answer


Q411) The first DCB was established at in 1910. Show Answer


Q412) The first DCB was established at in 1910. Show Answer


Q413) is the vertex of the pyramidal structure in a State for the
provision of short and medium term credit to agriculturists on cooperative basis.
Show Answer


Q414) A also acts as a balancing center and clearing house for the
central cooperative banks.
Show Answer


Q415) is the birth-place of land mortgage banking Show Answer


Q416) Germany is the birth-place of Show Answer


Q417) In India, the first cooperative land mortgage bank was established in
at Jhang in Punjab
Show Answer


Q418) The Urban Credit Cooperatives are also commonly known as Show Answer


Q419) The cooperative credit institutions in the country may be broadly classified into.. Show Answer


Q420) With regard to short-term credit cooperatives, at the central level
act as a link between primary societies and State Cooperative Apex Banks.
Show Answer


Q421) The controls the cooperative banks that falls under the
banking regulation act of 1949
Show Answer


Q422) NCCT stands for Show Answer


Q423) NCCT was recommended by Show Answer


Q424) VAMNICOM stands for Show Answer


Q425) NCCE stands for Show Answer


Q426) The cooperator is a journal published by NCUI Show Answer


Q427) NCUI stands for Show Answer


Q428) Indian Cooperative Review is a of NCUI Show Answer


Q429) In India, Cooperative Week will be celebrated in the month of Show Answer


Q430) Co-operative movement originated first in Show Answer


Q431) One man one vote’ principle was recommended by ---------- Committee Show Answer


Q432) The members of a Co-operative Society have ------- liability Show Answer


Q433) Which of the following organizational structure is followed by Co-operatives in India? Show Answer


Q434) A novel form of cooperative organization known as Producer Company was introduced by amending the ………………….. Show Answer


Q435) PACS is Show Answer


Q436) DCCBs stands for Show Answer


Q437) NAFED stands for Show Answer


Q438) The ………………. Established in 1958 has been playing an important role in the development of cooperative marketing in India Show Answer


Q439) The National Cooperative Consumers’ Federation was established during the………Plan. Show Answer


Q440) DCCWSs stands for Show Answer


Q441) NCHF stands for Show Answer


Q442) The Jute industry is one of the major industries in …………… Show Answer


Q443) NCCT stands for……………… Show Answer


Q444) VAMNICOM stands for ………….. Show Answer


Q445) NCCE stands for………………. Show Answer


Q446) NCUI stands for ……………………. Show Answer


Q447) Apex Society means --------- level society Show Answer


Q448) The President of a Co-operative Society is Show Answer


Q449) Interest Rate of Deposits of a Co-operative Credit Societies are fixed by Show Answer


Q450) The Rules and Regulations of a Co-operative Society is formed in its Show Answer


Q451) The Co-operative Societies Act was passed in India in the year Show Answer


Q452) The word literally means to work together or act together. Show Answer


Q453) The I.C.A appointed a Commission in ………………….. to ascertain how far the principles of the Rochdale as defined by I.C.A in 1937 are observed today and the reasons for any non-observance. Show Answer


Q454) The first Diary Cooperative Society was registered in 1913 at Allahabad in UP was called…………….. Show Answer


Q455) The Kaira District Cooperative Milk Producers Union at Anand was formed in……… Show Answer


Q456) The products of …………………….. is popularly known by the brand name ‘Amul’. Show Answer


Q457) Operation Flood Programme is related to organizing …………..throughout the country. Show Answer


Q458) Robert Owen, Dr. William King, Lougi Luzzatti, Louis Blanc are examples of some of the Show Answer


Q459) The process of concentration of cooperative activities at the primary level either by the amalgamation of two or more societies carrying out the same business or by the incorporation of several functions in one society is known as……………. Show Answer


Q460) Two or more single-purpose societies working closely together without losing their identity is called Show Answer


Q461) The………………………………………, the Apex Federation of Co-operative Societies engaged in the manufacture of coir and coir products is entrusted with the task of marketing the product of the Co-operative Societies Show Answer


Q462) Cocofert, Cocoplus, Cocogeo fabric, Dustout and Deepsleepare the brand names of products of Show Answer


Q463) The ……………………..is the apex federation of the consumer cooperatives in India. Show Answer


Q464) NCCF was set up on and is administered under the Multi State Cooperative Societies Act 2002 Show Answer


Q465) NCCF was set up on 16 October, 1965 and is administered under the ………….. Show Answer


Q466) The was established in 1969 as an apex organization for coordinating, guiding and promoting cooperative housing activities in India. Show Answer


Q467) The National Agricultural Cooperative Marketing Federation (NAFED), established in …… Show Answer


Q468) National Co- operative Development Corporation (NCDC) was setup in 1963 by the Central Government by passing ……………….. Show Answer


Q469) The …………………………… was setup in 1963 by the Central Government by passing NCDC Act in 1962 Show Answer


Q470) The creation of ……………………………. in 1965 was a major step towards the organisation of dairying on cooperative lines. Show Answer


Q471) In 1969-70 NDDB introduced a scheme for the development of dairy co- operatives known as .. … Show Answer


Q472) When Agro processing companies enter into contract with the farmers to provide the farmers with the inputs like fertilizers, seeds, pesticides and guidelines to grow crops and buy back the products with a rate specified in advance, it is known as……….. Show Answer


Q473) The farmer-owned Co-operative Model with is integrated approach to production, procurement, Processing and Marketing of milk came to be known as…….. Show Answer


Q474) The was set up in 1960 & is administered under the Multi-State Cooperative Societies Act, 2002. Show Answer


Q475) The National Co-operative Agriculture & Rural Development Banks’ Federation was registered on ………………………..with the main objective of promoting the interests of the Long Term Co-operative Credit Structure (LTCCS) movement in the country Show Answer


Q476) In India, the first cooperative land mortgage bank was established in 1920 at………….. Show Answer


Q477) The ………………………. are organized in 3 tiers namely; state, central, and primary level and they meet the long term credit requirements of the farmers for developmental purposes. Show Answer


Q478) The origins of the urban co-operative banking movement in India can be traced to the close of ……………………….. Show Answer


Q479) Committee to Review Arrangements For Institutional Credit for Agricultural and Rural Development, under the chairmanship of Sri B Sivaraman recommended the establishment of ……………………… Show Answer


Q480) The first DCB was established at.....in 1910 Show Answer


Q481) ……………………..is the vertex of the pyramidal structure in a State for the provision of short and medium term credit to agriculturists on cooperative basis. Show Answer


Q482) A …………………. also acts as a balancing center and clearing house for the central cooperative banks Show Answer


Q483) The Urban Credit Cooperatives are also commonly known as ………………. Show Answer


Q484) The cooperative credit institutions in the country may be broadly classified into.. Show Answer


Q485) With regard to short-term credit cooperatives, at the central level……………………….. act as a link between primary societies and State Cooperative Apex Banks. Show Answer


Q486) The ……………………… controls the cooperative banks that falls under the banking regulation act of 1949. Show Answer


Q487) Co-operative movement originated first in Show Answer


Q488) The Co-operative Societies Act was passed in India in the year Show Answer


Q489) One man one vote’ principle was recommended by Committee Show Answer


Q490) Apex Society means level society Show Answer


Q491) The members of a Co-operative Society have liability Show Answer


Q492) The President of a Co-operative Society is Show Answer


Q493) Which of the following organizational structure is followed by Co-operatives in India? Show Answer


Q494) Interest Rate of Deposits of a Co-operative Credit Societies are fixed by Show Answer


Q495) The Rules and Regulations of a Co-operative Society is formed in its Show Answer


Q496) Co-operation is included in the schedule of Indian Constitution Show Answer


Q497) The first Indian RRB that achieved Core Banking Solution (CBS) in 2011 is ________? Show Answer


Q498) Co-operative banks are regulated by the Reserve Bank of India under which act? Show Answer


Q499) Co-operative banks which work at a metropolitan level are called as? Show Answer


Q500) Which one of the apex bodies regulates the cooperative banks in India? Show Answer


Q501) Earliest known cooperative credit union ‘Anyonya Sahakari Mandali’ was founded in which year? Show Answer


Q502) All banks registered under the ___________ are considered co-operative banks. Show Answer


Q503) Which bank has secured four awards for inclusive insurance in 2016 from Skoch Group? Show Answer


Q504) Which of the following Grameen Bank has launched “Bank Sakhi” scheme to promote and popularize cashless transactions in rural areas? Show Answer


Q505) Recently RBI came up guidelines to incorporate the Name of the Purchaser on the Face of the Demand Draft. These instructions are applicable on instruments issued on or after _____ ? Show Answer


Q506) Within how many working days, the customer has to notify the bank regarding the unauthorised transaction so that there is zero liability of customer? Show Answer


Q507) The Foreign Account Tax Compliance Act (FATCA) is related to citizens of which country? Show Answer


Q508) Consider the following statements regarding Ombudsman Scheme for NBFC:
a) Section 45L of the RBI Act, 1934 confers powers on RBI to notify such scheme
b) NBFCs having customer interface, with assets size of one billion rupees or above are eligible to be covered under the scheme
c) The scheme is initially being introduced at the four metro centers
d) All NBFCs are covered under the scheme
Choose the correct answer from the following options:
Show Answer


Q509) Which among the following does not have Ombudsman office for NBFC? Show Answer


Q510) Under the Ombudsman scheme for NBFC, who is the appellate authority for handling the complaints? Show Answer


Q511) Which among the following NBFC are not excluded from the Ombudsman scheme for NBFC? Show Answer


Q512) What is the maximum amount of award that can be passed by Ombudsman for NBFC? Show Answer


Q513) Under NBFC- Peer to Peer Lending Platform Directions, 2017 by RBI, what is the aggregate exposure limit of a single lender to all borrowers at any point of time, across all P2Ps? Show Answer


Q514) Under NBFC- Peer to Peer Lending Platform Directions, 2017 by RBI, what is the aggregate loan limit of a single borrower at any point of time, across all P2Ps? Show Answer


Q515) Which agency regulates and supervises NBFCs? Show Answer


Q516) Which of the following statements is/are correct?
1. NBFCs does not hold a banking license.
2. NBFC can issue Demand Drafts like banks.
Show Answer


Q517) Which of the above statements is/are correct? Show Answer


Q518) A Non-Banking Financial Company (NBFC) is a company registered under _____ Show Answer


Q519) Non-Banking Financial Company (NBFC) engaged in the business of _____ Show Answer


Q520) Non-Banking Financial Company (NBFC) does not include _____ Show Answer


Q521) Deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation(DICGC) is not available to depositors of _____ Show Answer


Q522) Which of the following can not accept Demand Deposit? Show Answer


Q523) Which of the following do not form part of the payment and settlement system? Show Answer


Q524) NBFC should be a company registered under _____ of the companies Act, 1956. Show Answer


Q525) NBFCs should have a minimum net owned fund of _____ Show Answer


Q526) NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs Show Answer


Q527) NBFCs which deploys at least 75 per cent of its total assets in infrastructure loans is known as _____ Show Answer


Q528) A Non-Banking Financial Company (NBFC) is a company registered under the _____. Show Answer


Q529) For a company to register as a NBFC it should have a minimum net owned fund of _____. Show Answer


Q530) Any NBFC is is considered systemically important NBFC when its asset size is of Rs _____ or more. Show Answer


Q531) Which of the following is true about NBFC?
(i) NBFC cannot accept demand deposits
(ii) NBFCs cannot issue cheques drawn on itself
(iii) deposit insurance facility of DICGC is not available to depositors of NBFCs.
Show Answer


Q532) NBFCs are required to accept public deposit for a minimum period of months? Show Answer


Q533) NBFCs are required to accept public deposit for a ma9ximum period of months? Show Answer


Q534) What is the present ceiling limit of interest rate that NBFCs can offer ? Show Answer


Q535) Identify the false statement Show Answer


Q536) For working as a NBFC a company must get itself registers with _____. Show Answer


Q537) Chit Fund companies are regulated under the Chit Fund Act, _____. Show Answer


Q538) A Non-Banking Financial Company (NBFC) is a company registered under the _______ Show Answer


Q539) Which of the following activity is not permissible for NBFC? Show Answer


Q540) A non-banking institution that has a principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions is known as? Show Answer


Q541) When is an Financial activity considered as the principal business of any entity? Show Answer


Q542) Which of the following test is used by RBI to determine whether or not a company is into financial business Show Answer


Q543) Which of the following is false about NBFC? Show Answer


Q544) What is the minimum Net Owned Funds required by NBFCs for registration with RBI? Show Answer


Q545) NBFCs with asset size more than ___ are considered to be systemically important NBFCs Show Answer


Q546) Core Investment Companies with asset size of less than _______ are exempted from registration with RBI. Show Answer


Q547) Which of the following does not have any roles in regulation of NBFCs? Show Answer


Q548) Reserve Capital is a part of: Show Answer


Q549) Which of the following statements is true? Show Answer


Q550) Authorised Capital of a Company is mentioned in : Show Answer


Q551) In case of private placement of shares, the lock in period is : Show Answer


Q552) In case of private placement of shares and company does not invite the general public for subscription of shares in that case, company instead of issuing prospectus : Show Answer


Q553) In case of private placement of shares, to raise the amount of capital a company : Show Answer


Q554) Shares issued by a company to its employees or directors in consideration of ‘Intellectual Property Rights’ are called Show Answer


Q555) A Company may issue the shares Show Answer


Q556) Public subscription of shares include Show Answer


Q557) Which of the following will define, when appropriation of a certain number of shares is made to an applicant in response to his application? Show Answer


Q558) Issue of shares at a price lower than its face value is called : Show Answer


Q559) According to Companies Act, Minimum Subscription has been fixed at ................ of the issued amount. Show Answer


Q560) One of the conditions, in addition to others, for allotment of shares is : Show Answer


Q561) Persons who start a company are called ................ Show Answer


Q562) Minimum subscription amount of 90% is related to which share capital: Show Answer


Q563) Share Application Account is in the nature of: Show Answer


Q564) As per SEBI Guidelines, Application money should not be less than of the issue price of each share. Show Answer


Q565) 4,000 Equity Shares of Rs. 10 each were issued at 8% premium to the promoters of a company for their services. Which account will be debited? Show Answer


Q566) If vendors are issued fully paid shares of Rs. 1,25,000 in consideration of net assets of Rs. 1,50,000, the balance of Rs.25,000 will be credited to : Show Answer


Q567) Issue of shares at a price higher than its face value is called : Show Answer


Q568) On issue of shares Premium is : Show Answer


Q569) Maximum limit of Premium on shares is: Show Answer


Q570) When a company issues shares at a premium, the amount of premium should be received by the company : Show Answer


Q571) Amount of securities premium can be utilised for: Show Answer


Q572) For what purpose securities premium reserve account cannot be utilized? Show Answer


Q573) Premium on the issue of shares should be shown : Show Answer


Q574) Which of the following section of the Companies Act, 2013 prohibits to issue of shares at discount? Show Answer


Q575) Equity shareholder is - Show Answer


Q576) have the right to vote on any resolution placed before the company or general meeting. Show Answer


Q577) Amount of capital stated in the Memorandum of Association as the share capital of the company is known as (1) Subscribed or Authorized Capital
(2) Paid-up or Subscribed Capital
(3) Nominal or Called-up Capital
(4) Nominal or Authorized Capital
The correct answer is
Show Answer


Q578) __________ refers to that part of the authorized capital which has actually been offered to the public for subscription Show Answer


Q579) ….. refers to that part of the issued capital which has actually been subscribed by the public. Show Answer


Q580) Public companies issue shares to public through document called - Show Answer


Q581) __________ means the appropriation of a certain number of shares to an applicant who has applied shares in public issue by the board of directors in consultation with stock exchange. Show Answer


Q582) Issuer company cannot make allotment of shares unless - Show Answer


Q583) The minimum subscription is the
of the issued amount.
Show Answer


Q584) When face value of shares is less than issue price then shares are said to be issued at - Show Answer


Q585) When shares are issued at a price less than the face value, they are said to be issued at - Show Answer


Q586) As per the Companies Act, 2013 the companies cannot use the balance of securities premium for - Show Answer


Q587) When shares are not payable in a lump sum, second instalment is called - Show Answer


Q588) When shares are not payable in a lump sum, third instalment is called - Show Answer


Q589) Premium on issue of shares must be treated as - Show Answer


Q590) Premium on issue of shares must be credited to a separate account called - Show Answer


Q591) Securities premium account must be shown separately on the liabilities side of the balance sheet in ….. under the heading ….. Show Answer


Q592) Which of the following type of security can be issued al discount as per Companies Act, 2013?1) Equity Shares
(2) Sweat Equity Shares
(3) Preference Shares
(4) Debentures
(5) Bonds
Select the correct answer from the options given below -
Show Answer


Q593) Which of the following Table of Schedule I to the Companies Act, 2013 contains the provisions relating to Calls- in-Advance & Calls-in-Arrears? Show Answer


Q594) Amount received as calls-in-advance is a _____ of the company. Show Answer


Q595) Amount due on calls made but not paid is known as - Show Answer


Q596) If the number of shares issued for is more than the number of shares applied the shares are said to be Show Answer


Q597) If the number of shares applied for is more than the number of shares issued the shares are said to be Show Answer


Q598) In case of oversubscription of shares each applicant receives the shares in some proportion, it is known as Show Answer


Q599) If authorized by the ….., a company may receive from a shareholder the amount remaining unpaid on shares, even though the amount has not been called up which is known as calls-in-advance. Show Answer


Q600) __________ paid on calls-in-advance. Show Answer


Q601) As per Table F of Schedule I of the Companies Act, 2013, interest on calls in advance can be paid at _____ p.a Show Answer


Q602) As per Table F of Schedule I to the Companies Act, 2013, interest on calls in arrear can be received at ….. p.a. Show Answer


Q603) Interest on calls-in-advance is paid for the period from the - Show Answer


Q604) Balance of interest on calls-in-arrear account is transferred to ….. at the end of the year. Show Answer


Q605) Balance of interest on calls-on-advance account is transferred to the ….. at the end of the year. Show Answer


Q606) A company may allot fully paid shares to promoters or any other party for the services rendered by them, share capital account is credited and ….. debited. Show Answer


Q607) ….. may be said to be the compulsory termination of membership by way of penalty for non-payment of allotment and/or any call money Show Answer


Q608) Which of the following security can be forfeited for non-payment of allotment or call money?
(I) Equity Shares
(II) Equity Shares, Preference Shares
(III) Preference Shares, Equity Shares & Debentures
(IV) Debentures
Select the correct answer from the options given below -
Show Answer


Q609) Which of the following security cannot be forfeited for non-payment of allotment or call money? Show Answer


Q610) Shares forfeited account is to be shown in the balance sheet by way of ….. to the paid up share capital on the liabilities side until the concerned shares are re-issued. Show Answer


Q611) The forfeited shares may be re-issued -
(I) at par only
(II) at par or at premium only
(III) at par or at discount only
(IV) at par or at premium or at discount
The correct answer is -
Show Answer


Q612) When shares are issued at a price less than the face value, they are said to be issued at - Show Answer


Q613) When shares are not payable in a lump sum, first instalment is called — Show Answer


Q614) When shares are not payable in a lump sum, second instalment is called — Show Answer


Q615) When shares are not payable in a lump sum, third instalment is called — Show Answer


Q616) When shares are not payable in a lump sum, fourth instalment is called — Show Answer


Q617) Preference shares are those which carry the preferential rights as to - Show Answer


Q618) __________ will be entitled to receive arrears of their dividend. Show Answer


Q619) Which of the following section of the Companies Act, 2013 prohibits to issue of shares at discount? Show Answer


Q620) Which of the following right may be given to preference shareholder if provided by Articles? Show Answer


Q621) Which of the following type of security can be issued at discount as per Companies Act, 2013?
(1) Equity Shares
(2) Sweat Equity Shares
(3) Preference Shares
(4) Debentures
(5) Bonds
Select the correct answer from the options given below -
Show Answer


Q622) Which of the following security can be forfeited for non-payment of allotment or call money?
(I) Equity Shares
(II) Equity Shares, Preference Shares
(III) Preference Shares, Equity Shares & Debentures
(IV) Debentures
Select the correct answer from the options given below
Show Answer


Q623) Dividends are of profits. Show Answer


Q624) A company limited by shares may, if authorized by its can issue preference shares which are or at the option of the company are liable to be redeemed Show Answer


Q625) The preference shares can be redeemed Show Answer


Q626) When preference shares are redeemed out of profits such profit must be - Show Answer


Q627) Only preferences shares can
be redeemed.
Show Answer


Q628) If any premium is to be payable on redemption of preference share, such premium has to be provided - Show Answer


Q629) Where preferences shares are redeemed out of profits, a sum equal to the nominal amount of the shares so redeemed must be transferred to - Show Answer


Q630) Capital Redemption Reserve Account may be applied to issue - Show Answer


Q631) No company limited by shares, issue any preference shares which is redeemable after the expiry of a period of _____ from the date of issue Show Answer


Q632) The balance in capital redemption reserve is available for - Show Answer


Q633) As per the Companies Act, 2013, preference shares which are issued by company engaged in infrastructure project can issue preference share which are redeemable after ____ Show Answer


Q634) A preference shares is one which enjoy a: Show Answer


Q635) Unless otherwise stated, a preference share is always deemed to be - Show Answer


Q636) As per the Companies Act, 2013 the companies cannot use the balance of Securities Premium for - Show Answer


Q637) Which of the following can be utilized in redemption of preference share capital account?
1. Profits available for dividend
2. Capital Reserve
3. Dividend Equalization Fund
4. Development Rebate Reserve
5. Profit Prior to Incorporation
Select the correct answer from the options given below -
Show Answer


Q638) Statement I:
The main purpose to create CRR is to keep the capital structure of the company variable.
Statement II:
Another purpose to create CRR is to protect the interest of creditors, since CRR cannot be utilized for payment of dividend.
Select the correct answer from the options given below -
Show Answer


Q639) To whom the bonus shares or rights shares can be issued? Show Answer


Q640) Preference shares are entitled to a - Show Answer


Q641) A preference shareholder can vote - Show Answer


Q642) Redeemable Preference shares can be redeemed out of _____ Show Answer


Q643) Which of the following is correct journal entry for the 'Amount due to preference shares on redemption'? Show Answer


Q644) A company used balance of ‘General Reserve’ and ‘P & L A/c’ for redemption of preference share capital amount. Which of the following is correct journal entry for this transaction? Show Answer


Q645) Which of the following statements is NOT TRUE with regard to redemption of Preference shares? Show Answer


Q646) When Redeemable Preference shares are due for redemption, the entry passed is Show Answer


Q647) Which of the following statements is FALSE? Show Answer


Q648) Which of the following cannot be used for the purpose of creation of capital redemption reserve account? Show Answer


Q649) According to section 52 of the Companies Act, 2013, the amount in the Securities Premium A/c cannot be used for the purpose of: Show Answer


Q650) Which of the following statements is TRUE? Show Answer


Q651) Which of the following statements is incorrect? Show Answer


Q652) Which of the following statements is correct? Show Answer


Q653) For which one or more of the following reasons could a balance in the share premium be applied?(a) To issue bonus shares.
(b) For distribution to shareholders as dividend.
(c) To write down the value of assets, particularly when they are impaired.
(d) To write off expenses of and com¬mission on issuing the same shares
Select the correct answer from the options given below -
Show Answer


Q654) For which one or more of the following reasons does company law attempt to protect the balance in the securities Premium account by specifying the reasons for which alone it may be applied?(a) It is part of the capital actually con¬tributed by the shareholders.
(b) It should be protected from erosion as part of the creditor’s buffer.
(c) It is not realized in cash.
(d) It is immoral to allow a company to make profit by trading on its own shares.
Select the correct answer from the options given below -
Show Answer


Q655) During the year a company used the balance it had in its securities premium account for all of the following purposes.
(a) Write off expenses of company for¬mation.
(b) Write off the cost of issuing bonus shares.
(c) Write off goodwill acquired when another business was bought as a going concern.
(d) Write off expenses of issuing shares.
Which one is not correct?
Show Answer


Q656) Where redeemable preference shares are redeemed out of divisible profits, an amount equivalents to the nominal value of the shares so redeemed must be transferred out of divisible profits to : Show Answer


Q657) When preference shares are redeemed out of divisible profits, a transfer to
capital Redemption Reserve can be made out of:
Show Answer


Q658) When preference shares are redeemed out of divisible profits, which amount is
transferred to Capital Redemption Reserve u/s 80:
Show Answer


Q659) Which of the following statement is correct? Show Answer


Q660) Irredeemable preference shares which were is sued by the company before the commencement of companies Amendment act 1988 must be redeemed within …….from th date of commencement of companies amendment act.1988. Show Answer


Q661) Redeemable preference shares are those shares on which capital is to be paid back. Show Answer


Q662) Which of these is not one of the conditions for redemption of redeeemable preference Show Answer


Q663) Divisible profit include(s). Show Answer


Q664) Divisible profit excludes Show Answer


Q665) Redeemable preference share can be redeemed out of. Show Answer


Q666) A preference share which carries the right of sharing in the surplus left after paying enquiry Dividend is called -- Show Answer


Q667) Which type of the following shares have the right to receive dividends unpaid in prior years, whenever earnings become adequate ? Show Answer


Q668) The companies Act ,1956 prohibits the issue of any preference share which is Show Answer


Q669) 5. Redeemable Preference shares are those shares on which Capital is to be paid back within Capital is to e paid back within the stipulated period of Show Answer


Q670) Which of the following cannot be used for the purpose of creation of capital
redemption reserve account?
Show Answer


Q671) Which of the following accounts can be transferred to Capital Redemption Reserve
account
Show Answer


Q672) According to section 78 of the companies act, the amount in the Securities
Premium A/c cannot be used for the purpose of
Show Answer


Q673) Preference shares can be redeemed out of: Show Answer


Q674) Which of the following statements is false? Show Answer


Q675) Rs. 1,00,000 equity shares of Rs. 10 each are issued at a discount of 10% to
redeem the preference shares, the proceeds of a fresh issue u/s 80 is
Show Answer


Q676) To redeem the preference shares, 1,00,000 equity shares of Rs. 10 each at RS. 11, Rs. 1,00,00010%. Pref. shares of RS. 10 each at RS. 9 and Rs. 1,00,000 9% Debentures of Rs. 100 each at Rs. 90 are issued the proceeds of fresh issue u/s 80 is —— Show Answer


Q677) To redeem 15% Pref. Shares of Rs. 1,00,000 at 5% premium, Rs. 10,000 12%. Debentures of Rs. 100 each are issued at a discount of 10%. The amount to be transferred to Capital Redemption Reserve is: Show Answer


Q678) X Ltd. decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10% it has a General Reserve of RS. 70,000 and a Securities Premium of Rs. 4,000. If it is decided to redeem preference shares out of divisible profits, the amount required to be transferred to Capital Redemption Reserve Account is – Show Answer


Q679) X Ltd. decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has General Reserve of Rs. 70,000 and a securities Premium of Rs. 4,000. If it is decided to issue 6,500 Equity Shares of Rs. 10 each at a premium of 5% for the purpose of redemption of Pref. Shares, the amount required to be transferred to capital Redemption Reserve account is — Show Answer


Q680) X Ltd. decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has General Reserve of Rs. 70,000 and a securities Premium of Rs. 4,000. If it is decided to issue 6,500 Equity Shares of Rs. 10 each at a premium of 5% for the purpose of redemption of Pref. Shares, the amount required to be transferred to capital Redemption Reserve account is — Show Answer


Q681) X Ltd, decides to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has a General Reserve of Rs. 70,000 and a Securities Premium of Rs. 4,000. If it is decided to issue 2,000 Equity Shares of Rs .10 each at 25% premium for the purpose of redemption of Pref. Shares, the amount to be transferred to capital Redemption account is — Show Answer


Q682) X Ltd. to redeem 650, 15% Red. Pref. Shares of Rs. 100 each at a premium of 10%. It has General Reserve of Rs. 70,000 and a Securities Premium of Rs. 4,000. If it is decided to issue 1,950 Equity Shares of Rs. 10 each at 30% premium for the purpose of redemption of Pref. Shares, the amount required to be transferred to capital Redemption Reserve Account is —— Show Answer


Q683) X Ltd. decides to redeem 650, 15% red. Pref. Shares of Rs. 100 each at premium of 10%. It has General Reserve of Rs.70,000 and a Securities Premium of Rs. 4,000. If it is a decided to issue 3125 Equity Shares of Rs10 each at 20% discount for the purpose of redemption of Pref. Shares, the amount required to be transferred to Capital Redemption Reserve Account is — Show Answer


Q684) X Ltd. decides to redeem 650, 15% Pref. Shares of Rs. 100 each at 10% premium. It has a General reserve of Rs. 45,000 and Securities Premium of Rs. 1,000. If the new equity shares are to be issued at 25% premium, the minimum number of Equity shares of Rs. 10 each to be issued for the purpose of redemption is —— Show Answer


Q685) On September 1, 2006, the company issued 12,000, 10%. Debenture having a face value of Rs. 100 each at a discount of 2.5%. On Sept. 10, the company issued 25,000 Equity Shares of Rs. 100 each. On September 29, the company redeemed 30,000, 6% preference shares of Rs. 100 each at a premium of 5% together with one month dividend thereon. Bank balance as on August 31,2005 was Rs. 26,60,000
After effecting the above transactions, the bank balance as on September 30, 2006=?
Show Answer


Q686) Cash required to effect the above decision is – Show Answer


Q687) The balance of Securities Premium Account after adjusting premium on
redemption of pref. shores is —
Show Answer


Q688) S Ltd. issued 2,000, 10% Preference shares of Rs. 100 each at par, which are redeemable at a premium of 10%. For the purpose of redemption, the company issued 15,000 Equity Shares of Rs. 100 each at a premium of 20% per share. At the time of redemption of Preference Shares, the amount to be transferred by the company to the Capital Redemption Reserve Account=? Show Answer


Q689) According the section 78 of the Companies Act, the amount in the Securities
Premium A/c cannot be used for the purpose of
Show Answer


Q690) Which of the following statements is false? Show Answer


Q691) Preference shares amounting to Rs. 2,00,000 are redeemed at a premium of 5%, by issue of shares amounting to Rs. 1,00,000 at a premium of 10%. The amount to be transferred to capital redemption reserve=? Show Answer


Q692) Which of the following cannot be used for the purpose of creation of capital
redemption reserve account?
Show Answer


Q693) A transfer to Capital Redemption Reserve is required u/s 80 when preference
shares are redeemed
Show Answer


Q694) The premium, if any payable on redemption must be provided for out of: Show Answer


Q695) A preference share is one which enjoys a Show Answer


Q696) Which of the following statement is false? Show Answer


Q697) Following statements apply to Equity/Preference shareholders which one of them applies only to preference shareholders ? Show Answer


Q698) As per the Companies Act ,1956 ,only preference shares, which are redeemable within _____can be issued Show Answer


Q699) Unless otherwise stated , a Preference Shares is always deemed to be Show Answer


Q700) A preference share which carries the right of sharing in the surplus left after paying enquiry Dividend is called -- Show Answer


Q701) Which type of the following shares have the right to receive dividends unpaid in prior years, whenever earnings become adequate ? Show Answer


Q702) The companies Act ,1956 prohibits the issue of any preference share which is Show Answer


Q703) Redeemable Preference shares are those shares on which Capital is to be paid back within Capital is to e paid back within the stipulated period of Show Answer


Q704) As per Schedule VI of the companies Act 1956,under which of the following heads of ‘premium on issue of preference shares’ shown in the Balance Sheet of a company Show Answer


Q705) How many 15% Preference shares of Rs. 100 each will be allotted to the Vendor ,if the shares are issued at a premium of 25% ? Show Answer


Q706) How many Preference will be issued allotted to the Vendor ,if the shares are allotted at 10% discount ? Show Answer


Q707) Preference shares can be redeemed -- Show Answer


Q708) Redemption of Preference share Capital can be done Show Answer


Q709) Which of the following cannot be utilized for redemption of preference shares Show Answer


Q710) On redemption of preference shares money cannot be arranged (for payment to shareholders) from Show Answer


Q711) Which of the following condition should be satisfied to redeem the preference shares ? Show Answer


Q712) Which of these is not one of the conditions for redemption of Redeemable Preference Share? Show Answer


Q713) If preference shares are redeemed at premium such premium may be provided out of Show Answer


Q714) Preference shares can be redeemed: Show Answer


Q715) When face value of debentures is more than issue price then debentures are said to be issued at- Show Answer


Q716) Premium on issue of debentures must be credited to a separate account called Show Answer


Q717) Which of the following type of security can be issued at discount as per Companies Act, 2013?
(1) Equity Shares
(2) Sweat Equity Shares
(3) Preference Shares
(4) Debentures
(5) Bonds
Select the correct answer from the options given below -
Show Answer


Q718) The discount on issue of debentures must be treated as - Show Answer


Q719) In case of oversubscription of debentures each applicant receives the debentures in some proportion, it is known as - Show Answer


Q720) Which of the following security can be forfeited for non-payment of allotment or call money?
(I) Equity Shares
(II) Equity Shares, Preference Shares
(III) Preference Shares, Equity Shares & Debentures
(IV) Debentures
Select the correct answer from the options given below -
Show Answer


Q721) Which of the following security cannot be forfeited for non-payment of allotment or call money? Show Answer


Q722) If a company receives excess application money and the application money equal to debentures issued transferred to 5% Debentures A/c and application money received on excess debentures - some money is adjusted and against allotment and remaining was refunded, then which of the following entry is correct? _____, Show Answer


Q723) Debenture holders are the ….. of the company. Show Answer


Q724) Debenture holders Show Answer


Q725) Debentures may be issued at - Show Answer


Q726) Debenture interest is paid at a pre¬determined _____ while dividend on equity shares is paid at a Show Answer


Q727) Interest on debentures is the _____ against profits. Show Answer


Q728) In the company's balance sheet, debentures are shown under the head - Show Answer


Q729) Debentures ….. converted into shares as per the terms of issue of debenture Show Answer


Q730) Debentures ….. forfeited for non¬ payment of call moneys. Show Answer


Q731) At the time of liquidation, debenture holders are paid-off ….. the shareholders are paid. Show Answer


Q732) If the debentures are issued at a price higher than the nominal value of the debentures, the premium should be credited to - Show Answer


Q733) Discount on issue of debentures is - Show Answer


Q734) Debentures may be issued by a company for - Show Answer


Q735) The company may allot debentures to the vendors for acquiring some assets as payment for purchase consideration, such issue of debentures to vendors is known as issue of debentures for - Show Answer


Q736) If the value of debentures allotted to vendors for acquiring some assets as payment for purchase consideration is more than the agreed purchase price, the difference is credited to: Show Answer


Q737) If the value of debentures allotted to vendors for acquiring some assets as payment for purchase consideration is less than the agreed purchase price, the difference is debited to - Show Answer


Q738) When debentures are issued as collateral security which of the following accounting treatment can be adopted? Show Answer


Q739) Which of the following statements is TRUE? Show Answer


Q740) Premium on redemption of debentures account appearing in the balance sheet is Show Answer


Q741) Which of the following statements is FALSE? Show Answer


Q742) Which of the following statements is false? Show Answer


Q743) Debenture interest - Show Answer


Q744) Which of the following is NOT a characteristic of Bearer Debentures? Show Answer


Q745) When debentures are issued as collateral security, the final entry for recording the collateral debentures in the books is: Show Answer


Q746) Which of the following statements is false? Show Answer


Q747) Interest on debentures is calculated on: Show Answer


Q748) Which of the following is true with regard to 10% Debentures issued at a discount of 20%? Show Answer


Q749) Discount on issue of debentures is a: Show Answer


Q750) When debentures are issued as collateral security against any loan then holder of such debentures is entitled to Show Answer


Q751) When debentures are redeemable at different dates, the total amount of discount on issue of debentures should be written off: Show Answer


Q752) Non convertible debentures refer to - Show Answer


Q753) Interest accrued & due on debentures” is shown - Show Answer


Q754) "Interest accrued & not due on debentures” is shown - Show Answer


Q755) Tax deducted at source on interest on debenture is shown as - Show Answer


Q756) Debenture premium cannot be used - Show Answer


Q757) Debentures can be redeemed out of - Show Answer


Q758) Debentures normally cannot be redeemed at - Show Answer


Q759) If debentures are issued at discount and redeemed at premium Show Answer


Q760) Profit on cancellation of debentures is transferred to - Show Answer


Q761) As a sound accounting policy when debentures are redeemed amount equal to Show Answer


Q762) Statement I:
Debentures can be converted into shares as per the terms of issue of debentures.
Statement II:
Shares cannot be converted into debentures in any circumstances.
Select the correct answer from the options given below -
Show Answer


Q763) Arrange the priority of payment in case of liquidation of company:
I. Preference shares holders
II. Secured creditors
m. Equity shareholders
IV. Unsecured creditors
V. Debenture holders
Select the correct answer from the options given below -
Show Answer


Q764) Discount on issue of debentures, being a capital loss must be shown - Show Answer


Q765) Sound business policy demands that discount on issue of debenture should be written off - Show Answer


Q766) Which of the following is not a method of writing off discount on issue of debentures? Show Answer


Q767) If the company acquires some assets from the vendor and instead of paying the vendor in cash, the company may allots debentures in payment of purchase consideration. In such case if the face value of debentures issued is more than value of assets acquired then difference will be - Show Answer


Q768) Debentures Suspense Account - Show Answer


Q769) Who of the following is not required to create Debenture Redemption Reserve? Show Answer


Q770) Every company required to create DRR shall on or before the 30th day of April in each year, invest or deposit, as the case may be, a sum which shall not be less than _____, of the amount of its debentures maturing during the year ending on the 31st day of March of the next year Show Answer


Q771) An other name of Debenture Redemp¬tion Fund Method is - Show Answer


Q772) An other name of Debenture Redemp¬tion Fund Method is - Show Answer


Q773) Debenture redemption fund investment account will appear on the assets side of the balance sheet under the head _____,while debenture redemption fund account will appear on the liabilities side under the head _____ Show Answer


Q774) Which of the following is correct journal entry for annual contribution to sinking fund created for redemption of debentures? Show Answer


Q775) Loss on sale of Debenture Redemption Fund Investment account must be set-off
against -
Show Answer


Q776) If the purchase price for the debentures includes interest for the expired period, the quotation is said to be - Show Answer


Q777) . If nothing is stated, purchase & sale of debentures, government securities should be taken to be on - Show Answer


Q778) If debentures are issued at discount but redeemable at premium then - Show Answer


Q779) Debenture issued at par but redeemable at price less than face value then - Show Answer


Q780) Correct entry to transfer interest received on sinking fund investment is - Show Answer


Q781) Debenture holders are Show Answer


Q782) Debentures represent the Show Answer


Q783) Zero Coupon Bonds are issued : Show Answer


Q784) Interest payable on debentures is : Show Answer


Q785) A debenture holder is entitled to : Show Answer


Q786) On liquidation of company, principal amount of debentures is returned : Show Answer


Q787) Which of the following statements is false? Show Answer


Q788) Which of the following is not a characteristic of Bearer Debentures? Show Answer


Q789) Which of the following statements is false? Show Answer


Q790) Which of the following statements is false : Show Answer


Q791) The Principal amount of debentures will be repaid by the company either at the end of a specified period or by instalments during the life time of the company. Such types of debentures are called : Show Answer


Q792) The debentures whose principal amount is not repayable by the company during its life time, but the payment is made only at the time of Liquidation of the company, such debentures are called : Show Answer


Q793) Debenture Application Account is in the natutre of Show Answer


Q794) Discount on issue of Debentures is in the nature of Show Answer


Q795) Premium received on issue of debentures may be utilised for Show Answer


Q796) Debenture holders are Show Answer


Q797) Zero Coupon Bonds are issued : Show Answer


Q798) Interest payable on debentures is : Show Answer


Q799) A debenture holder is entitled to : Show Answer


Q800) Which of the following statements is false? Show Answer


Q801) Which of the following is not a characteristic of Bearer Debentures? Show Answer


Q802) Which of the following statements is false? Show Answer


Q803) Which of the following statements is false : Show Answer


Q804) Discount on the issue of Debentures should be shown on the Show Answer


Q805) Debentures of a Company can be issued : Show Answer


Q806) On issue of debentures as a collateral security, which account is credited? Show Answer


Q807) Interest on debentures issued as a collateral security is paid on : Show Answer


Q808) Loss on Issue of Debentures is written off: Show Answer


Q809) When debentures are to be redeemed at premium an extra entry has to be made at the time of issue of debentures, which a/c should be credited in this entry? Show Answer


Q810) Premium on Redemption of Debentures Account is : Show Answer


Q811) ___________ allocates saving efficiently in an economy to ultimate users either for investment in real assets or for consumption Show Answer


Q812) Which of the following is not a regulatory institutions in Indian financial system. Show Answer


Q813) ___________ is regarded as a queen of Indian financial system. Show Answer


Q814) ————— represent claims for the payment of a sum of money sometimes in the future and/or a periodic payment in the form of interest or dividend. Show Answer


Q815) SEBI was established in —————. Show Answer


Q816) RBI started functioning on —————. Show Answer


Q817) National Housing bank is a fully owned subsidiary of —————. Show Answer


Q818) ————— has the statutory powers to regulate and promote the Indian capital market. Show Answer


Q819) Any company making a public issue of value of more than Rs. ———— is required to file a draft offer document with SEBI Show Answer


Q820) ————— Committee was constituted by SEBI for deciding about derivatives trading. Show Answer


Q821) RBI is the lender of last resort for —————. Show Answer


Q822) The market regulator of Indian Capital Market is …………… Show Answer


Q823) …………………… facilitate the transfer of funds from savers to the borrowers. Show Answer


Q824) ……………………… market is a market for old issues. Show Answer


Q825) Which of the following is a financial asset Show Answer


Q826) Which of the following is a cash asset? Show Answer


Q827) Govt. bond is a Show Answer


Q828) Money market deals with ..................... instruments. Show Answer


Q829) The market for extremely short period loan is called. .................... Show Answer


Q830) ..................... acts as an intermediary between Govt. and money market Show Answer


Q831) ................... are drawn by contractors on the Govt. departments for the goods supplied to them Show Answer


Q832) The bill which doesn’t require acceptance is called. .................... Show Answer


Q833) ..................... are an important instrument of short term borrowing by the Govt Show Answer


Q834) ..................... is a market for bankers’ acceptances Show Answer


Q835) Accommodation bills are also known as ..................... bills Show Answer


Q836) Adhoc treasury bills are issued in favour of the ..................... only Show Answer


Q837) ..................... are short term deposits of specific maturity similar to fixed deposits. Show Answer


Q838) ..................... is an unsecured short term promissory note issued by creditworthy companies? Show Answer


Q839) Discount and Finance House of India was set up in ..................... Show Answer


Q840) Discount and Finance House of India was set up in pursuance of the recommendations of .....................Committee Show Answer


Q841) ..................... has been set up mainly to provide a secondary market in Govt. Securities Show Answer


Q842) Right shares are offered to..................... Show Answer


Q843) ..................... is the suitable method where small companies issue shares Show Answer


Q844) ..................... is a process of admitting securities for trading on a recognised stock exchange. Show Answer


Q845) ..................... is a preferential independent broker who deals in securities on his own behalf. Show Answer


Q846) The facility to carry forward a transaction from one settlement period to another is known as ..................... transaction Show Answer


Q847) The device adopted to make profit out of the differences in prices of a security in to different markets is called. .................... Show Answer


Q848) The central depositary ..................... the security on behalf of the investors Show Answer


Q849) ..................... of shares in the first step in the depository process Show Answer


Q850) ..................... is the link between the depository and the owner Show Answer


Q851) ..................... issues does not bring in any fresh capital Show Answer


Q852) Prospectus is not issued in Show Answer


Q853) An issuer need not file an offer document in case of Show Answer


Q854) An issuer can launch an IPO within..................... Show Answer


Q855) An issue of a minimum size of Rs. ..................... crore is a mega issue Show Answer


Q856) Financial institutions are also known as ........................ Show Answer


Q857) ........................ is the first development financial institution in India. Show Answer


Q858) Management Development Institute (MDI)was set up by ........................ Show Answer


Q859) IDBI was established in ........................ Show Answer


Q860) ........................ is an apex institution to coordinate, supplement and integrate the
activities of all existing specialised financial institutions
Show Answer


Q861) Technical consultancy Organisations were set up by........................ Show Answer


Q862) ICICI was set up in ........................ Show Answer


Q863) ........................ assists mainly to industrial undertakings in the private sector Show Answer


Q864) LIC was established in........................ Show Answer


Q865) UTI was set up in the year ........................ Show Answer


Q866) ................known as Brettonwood twins Show Answer


Q867) World bank is also known as........................ Show Answer


Q868) World bank was set up in ........................ Show Answer


Q869) IMF commenced financial operation on........................ Show Answer


Q870) Which of the following gives long term finance? Show Answer


Q871) Which of the following is a fee based service Show Answer


Q872) Find the odd one out Show Answer


Q873) The process of managing the sales ledger of a client by a financial service company is called Show Answer


Q874) Mutual funds are very popular in Show Answer


Q875) In India, the company which actually deals with the corpus of the mutual fund is called Show Answer


Q876) The first bank in India to start factoring business is Show Answer


Q877) An asset with a physical value is called Show Answer


Q878) An asset which derives its value because of a contractual claim is Show Answer


Q879) Gold is -----------asset Show Answer


Q880) Cash is --------------asset Show Answer


Q881) -------------is a whole sale market for short term debt instrument Show Answer


Q882) Money lent in the inter-bank market for 15 days or more is called ----------- Show Answer


Q883) When money lent for more than a day but up to a fortnight is called Show Answer


Q884) CBLO stands for Show Answer


Q885) The NSDL established in Show Answer


Q886) In a private placement the maximum number of investors shall not exceed Show Answer


Q887) Merchant banks in India started in Show Answer


Q888) Merchant banks concept in India introduced by Show Answer


Q889) SENSEX is the index of Show Answer


Q890) NIFTY is the index of Show Answer


Q891) The first Indian equity index is Show Answer


Q892) ............ is a product whose value is derived from the value of underlying asset Show Answer


Q893) BOLT stands for Show Answer


Q894) --------------is also known as “G.Secs” Show Answer


Q895) .................. are negotiable instrument issued by an overseas depository Show Answer


Q896) Perpetual bond is also known as Show Answer


Q897) Zero Coupon Bond is also known as Show Answer


Q898) Secured Premium Notes (SPN) always issued with........... Show Answer


Q899) ................ bonds permit the bond holder to invest the interest income again in host bonds Show Answer


Q900) ...............bonds are high risk and high yield bonds developed in USA Show Answer


Q901) ESOP stands for Show Answer


Q902) QIPs Stands for Show Answer


Q903) What you mean by “STRIPS Show Answer


Q904) Gilt Edged Securities are Show Answer


Q905) In India, forfaiting services are offered by Show Answer


Q906) The small investors’ gateway to enter into big companies is ————— Show Answer


Q907) Money Market mutual fund is also known as--------------- Show Answer


Q908) ————— fund invests in highly liquid securities like commercial paper. Show Answer


Q909) The idea of providing factoring services in India was first thought by ————— Show Answer


Q910) The market for extremely short period loan is called Show Answer


Q911) ---------- bills are drawn by contractors on the government departments for the goods supplied by them. Show Answer


Q912) ---------- is also known as ‘Industrial Paper” Show Answer


Q913) Demand bills are also known as Show Answer


Q914) Usance bills are also known as Show Answer


Q915) Which of the following are examples of Hundis in india Show Answer


Q916) Bills drawn and accepted payable after three months are called Show Answer


Q917) The market which helps commercial banks to maintain their SLR requirement is Show Answer


Q918) Bill Market Scheme in India was introduced in the year Show Answer


Q919) Adhoc T-bills are always issued in favour of-------- Show Answer


Q920) The certificate which evidences an unsecured corporate debt of short term maturity Show Answer


Q921) Major players of Indian money market is Show Answer


Q922) -------- is the suitable method where small companies issue shares Show Answer


Q923) Zero interest bonds are always issued Show Answer


Q924) -------- is a guarantee for marketability of shares Show Answer


Q925) Which one of the following is /are not function of NIM Show Answer


Q926) BOLT was introduced by BSE in the year Show Answer


Q927) -------- is a permission to quote securities officially on the trading floor of stock exchange Show Answer


Q928) The number of shares which are less than market lots are called Show Answer


Q929) Rolling Settlement system was introduced by SEBI in the year Show Answer


Q930) The facility to carry forward a transaction from one settlement period to another is called --------- transaction Show Answer


Q931) The device adopted to make profit out of price differences in two different markets Show Answer


Q932) A person appointed by a stock broker to assist to him in the business of securities trading at trading floor of stock exchanges is Show Answer


Q933) ------------- is also known as Remisiers and Half-commission man Show Answer


Q934) An order for the purchase of securities at a fixed price is known as Show Answer


Q935) Speculator who neither buy nor sell securities in the market, but still trade on them are called Show Answer


Q936) The process of holding the entire supply of a particular security with a view to dictating terms is called Show Answer


Q937) ------------ market deals in unlisted securities Show Answer


Q938) When purchases of securities are more than sales of securities, the market is called Show Answer


Q939) When sales of securities are more than purchases of securities, the market is called Show Answer


Q940) --------- is the charges paid by a bull speculator to the other party for obtaining carry over facility Show Answer


Q941) . --------- is the amount paid by bear to facilitate him to renew a bargain until next settlement date Show Answer


Q942) -------- is the process of selling securities without owning them Show Answer


Q943) Bull speculators are also known as Show Answer


Q944) Bear speculators are also known as Show Answer


Q945) Another name of jobber is Show Answer


Q946) Those who provides finance for carry forward transactions in securities is called Show Answer


Q947) The speculator who observes very fast the trends and changes in market is Show Answer


Q948) ------is the bear speculator who struggling to complete his commitments because of wrong foot Show Answer


Q949) An option (right) to purchase shares in future at predetermined price is called Show Answer


Q950) An option (right) to sell shares in future at predetermined price is called Show Answer


Q951) ---------- refers to the process of creating an artificial condition in market in order to push price of particular shares Show Answer


Q952) An attempt to gaining short term profit from the price difference or movements of securities are called Show Answer


Q953) Companies (Amendment) bill-1999 restricts buy back of shares up to........... of the paid up capital Show Answer


Q954) SIDBI is fully owned subsidiary of Show Answer


Q955) “AMBI” stand for Show Answer


Q956) In listed securities, “Group A shares” are also known as Show Answer


Q957) In listed securities, “Group B shares” are also known as Show Answer


Q958) Odd lot shares are coming under -------- of listed securities Show Answer


Q959) ALBM (Automated Lending &Borrowing Mechanism) was introduced by Show Answer


Q960) under public issue of shares, reservation for permanent employees Show Answer


Q961) The conditions to be satisfied by a public company for issuing Right shares are specified in --------------of Companies Act.1956 Show Answer


Q962) ----------- is a method of cancellation of shares Show Answer


Q963) Which of the following is / are method of Buy back of shares Show Answer


Q964) Over the Counter Exchange of India commenced operation in the year Show Answer


Q965) Members of the OTCEI are---------- only Show Answer


Q966) The whole sale market segment for NSE is meant for Show Answer


Q967) As per SEBI guidelines, a new company which has not completed 12 months commercial productions has to issue shares at ------- Show Answer


Q968) National Stock Exchange (NSE) established in the year Show Answer


Q969) Method of trading in NSE is Show Answer


Q970) Method of trading in OTCEI is Show Answer


Q971) -------- are eligible to list in OTCEI Show Answer


Q972) Discount and Finance House of India (DFHI) mainly deals in Show Answer


Q973) -------- of shares is the first step in depository process Show Answer


Q974) In depository system, --------- is a link between depository and the owner. Show Answer


Q975) “A central location for keeping securities on deposit” is Show Answer


Q976) The group of shares which are not permitted for short selling are Show Answer


Q977) --------- group includes shares of companies which have failed to comply with listing requirements Show Answer


Q978) In listed scrips, --------- group includes small cap stocks. Show Answer


Q979) Shares of well established and financially sound compnies, with very little investment risk and good history of earnings is known as Show Answer


Q980) In a stock exchange where the ownership, management and trading are concentrated in a single group, it is called Show Answer


Q981) In India, currently method of calculation of stock indexes is Show Answer


Q982) Fully automated screen based trading system in NSE is known as Show Answer


Q983) The Chief promoter of National Securities Depository Limited (NSDL) is Show Answer


Q984) The Chief promoter of Central Depository Services Limited CDSL) is Show Answer


Q985) The third largest stock exchange in the world is Show Answer


Q986) In the index “CNX Nifty”, C stands for Show Answer


Q987) The dollar version of Index of BSE is Show Answer


Q988) In BSE, T+2 rolling settlement began in the year Show Answer


Q989) In settlement T+2, ‘T’ stands for Show Answer


Q990) Which one of the following is an example of derivative? Show Answer


Q991) The process in which illiquid assets are converted into marketable securities is known as Show Answer


Q992) Securitisation and Reconstruction of Financial Assets and Enforcement of Security
Interest (SARFAESI) Act passed in the year
Show Answer


Q993) In security market, “ASBA” stands for Show Answer


Q994) In financial circle, the name “Dalal Street” is used synonyms to......... Show Answer


Q995) The name “Wall Street” is used to synonyms to.......... Show Answer


Q996) Credit rating indicates -------- of a company Show Answer


Q997) Credit rating is only a / an.............. Show Answer


Q998) Which of the following is not a credit rating agency? Show Answer


Q999) At present, how many Non-scheduled banks are functioning in India Show Answer


Q1000) Investment Information and Credit Rating Agency of India (IICRA) is a Show Answer


Q1001) --------- variety of mutual fund is known as “Nest Eggs” Show Answer


Q1002) Generally mutual funds are of Show Answer


Q1003) The corpus of funds and its duration is fixed in case of ------- fund Show Answer


Q1004) The market performance of mutual fund can be judged on the basis of Show Answer


Q1005) ----------- is the regulator of mutual funds in India Show Answer


Q1006) ------ is the venture capital assistance at the stage where the project started to fetch profit but not reached in its full efficiency Show Answer


Q1007) In ----------leasing, the risk of obsolescence is assumed by the lessee Show Answer


Q1008) ----------- is a tripartite lease arrangement Show Answer


Q1009) In hire purchase depreciation can be claimed by the Show Answer


Q1010) A merchant bank can claim a charge ------- % as the commission for the whole issue Show Answer


Q1011) Which of the following is not a quantitative credit control tool of RBI? Show Answer


Q1012) Which of the following is a selective (qualitative) credit control method? Show Answer


Q1013) Currency notes of rupee one and other lower subsidiary coins are issued by Show Answer


Q1014) American Depository Receipts (ADRs) are issuing by Show Answer


Q1015) ----------- is the process of converting security in electronic form into physical form Show Answer


Q1016) ----------- is dealing in securities done by those who having access to price sensitive information. Show Answer


Q1017) --------- is a calculated move with an expectation to reap huge profit from market fluctuations Show Answer


Q1018) ---------- speculators are optimistic in nature Show Answer


Q1019) ---------- speculators are Pessimistic in nature Show Answer


Q1020) The scheme in which company can allot shares not more than 15% of the issue size, to the public in addition to the shares already offered- is called Show Answer


Q1021) The merchant banker coordinating a public issue is called as Show Answer


Q1022) -------- is a shortened form of prospectus Show Answer


Q1023) -------- is an offer document is used in public issue made under book building method. Show Answer


Q1024) In technical sense, short sellers (bears) will be “squeezed” through Show Answer


Q1025) ---------- is known as ‘Traffic in securities’ Show Answer


Q1026) A system of security trade in which one is allowed to invest in excess of his financial capacity by borrowing funds Show Answer


Q1027) Which of the following speculative transactions are unfair and prohibited? Show Answer


Q1028) Which of the following is not a prohibited act in security market? Show Answer


Q1029) ------- is undertaken for making a dishonest claim for tax deduction Show Answer


Q1030) -------- means temporary halt of trade in stock exchanges whenever index moves upward or downward beyond the specified limits Show Answer


Q1031) Unsecured debentures are also known as........... Show Answer


Q1032) Non-voting shares were introduced by Companies (Amendment) bills in the year Show Answer


Q1033) in the case of -------- bonds, the value is inversely related to short term interest rates. Show Answer


Q1034) “D vs. P” system for government securities market means Show Answer


Q1035) Non banking financial institutions (NBFIs) are registered under Show Answer


Q1036) According to IFRS, the term financial asset includes Show Answer


Q1037) Which of the following is /are example of primary or direct financial instrument Show Answer


Q1038) Which of the following is /are example of Secondary or indirect financial instrument Show Answer


Q1039) A Non Banking Financial Institution Show Answer


Q1040) A Non Banking Financial Institution Show Answer


Q1041) Kerala State Financial Enterprises ltd (KSFE) is an example of Show Answer


Q1042) UTI, LIC etc are examples of Show Answer


Q1043) SFC is an example of Show Answer


Q1044) Which of the following is /are not regulatory institutions Show Answer


Q1045) Which of the following is not a negotiable instrument? Show Answer


Q1046) Follow on Public Offer’ is also known as Show Answer


Q1047) Follow on Public Offer’ is also known as Show Answer


Q1048) “Uberrimae. Fidei” means Show Answer


Q1049) ........... is the oldest insurance Show Answer


Q1050) In.----------------, insurable interest is enough at the time of loss Show Answer


Q1051) In. insurance, “Causa Proxima” means Show Answer


Q1052) __________ is a financial service which pooling risks of people Show Answer


Q1053) In India Insurance business are regulated by Show Answer


Q1054) Except life insurance maximum term of other insurance is __________ Show Answer


Q1055) Central office of Life Insurance Corporation of India is located at Show Answer


Q1056) There are........ associated companies of GIC Show Answer


Q1057) Native Stock and Share Brokers Association” is the old name of............ Show Answer


Q1058) General insurance business nationalized in the year---------- Show Answer


Q1059) Principle of Indemnity does not apply to---------- Show Answer


Q1060) A merchant bank is a financial institution conducting money market activities Show Answer


Q1061) In India Merchant banking along with management of public issues and loan syndication
covering activities like
1. Project counseling
2. Portfolio management
3. Investment counseling
4. Mergers and amalgamation of the corporate firms
5. Securities and exchange
Show Answer


Q1062) Formal merchant banking activity in India was originated in______. Show Answer


Q1063) In India, merchant-banking activity was originated with the merchant banking division set
up by the __________.
Show Answer


Q1064) State Bank of India started merchant banking in ______ followed by ICICI in ______ Show Answer


Q1065) State Bank of India started merchant banking in ______ followed by ICICI in ______ Show Answer


Q1066) The early growth of merchant banking in the country is assigned to the ________. Show Answer


Q1067) Developmental activities of merchant banking: Show Answer


Q1068) Different enactments for raising funds from the capital market:
1. Companies Act
2. Income-Tax Act
3. Foreign Exchange Regulation Act
4. Securities Contracts Act
5. Corporate laws and Regulations
Show Answer


Q1069) The term ‘Merchant Bank’ is used in: Show Answer


Q1070) In India, merchant Banks operate in the form of divisions of India and foreign banks and
financial institution, Subsidiary companies established by1. SBI Capital Markets Ltd.
2. Can Bank Financial Services Ltd.
3. PNB Capital Services Ltd.
4. BOI Finance Ltd.
5. Indian Bank Merchant Banking Services Ltd.
Show Answer


Q1071) Banks implement the RBI’s _______ policies. Show Answer


Q1072) State level financial institutions are:
1. IFCI
2. SFCs
3. SIDCs
4. IRBI
5. SIICs
Show Answer


Q1073) _____ is basically a savings and investment corporation. Show Answer


Q1074) Identify the money market instruments:
1. Call Money Market
2. Treasury Bills
3. Commercial bills
Show Answer


Q1075) Secondary markets in treasury bills require involvement of ________ and _______ Show Answer


Q1076) Merchant bank is an organization thata. Underwrites securities for corporations Show Answer


Q1077) The criteria for authorization of merchant bankers includes:
1. Professional qualification in finance, law or business management
2. Infrastructure like adequate office space, equipment and manpower
3. Employment of two persons who have the experience to conduct business of merchant
bankers
4. Capital adequacy
5. Past track record, experience, general expectation and fairness in all transaction
Show Answer


Q1078) The four categories of merchant bankers issued by SEBI:
1. First category i. Who act as an advisor or consultant to an issue
2. Secondary category ii. Those authorized to act as an underwriter, advisor.
3. Third category iii. Those authorized to act in the capacity of co-manager
4. Fourth category iv. Who carry on any activity of issue management
Show Answer


Q1079) Issue management is an important function of ______ and ______. Show Answer


Q1080) In simple terms, the management of issues for raising funds through various types of
instruments by companies is known as:
Show Answer


Q1081) Companies raise funds for the purposes of:
1. Financing new projects
2. Expansion of existing units
3. Modernization & diversification of existing units
4. Organizing long term resources for working capital purposes
Show Answer


Q1082) Categories of securities issue: Show Answer


Q1083) Private placement coversa Show Answer


Q1084) Match the following:
1. Public issue i. When capital funds are raised through the issue of
prospects.
2. Rights issue
ii. When shares are issued to the existing shareholders of a
company
3. Private placement iii. When the issuing company sells securities directly to the
investors
Show Answer


Q1085) Equity funding is preferable especially when the project is________. Show Answer


Q1086) Match the following:
1. Pre-Issue Activities i. Signing of MOU
2. Post-Issue Activities ii. Dispatch of share certificates
iii. Issue of closure iv. Finalization
of basis of allotment
v. Filing with ROC
vi. Advertisement
Show Answer


Q1087) The _______ has to manage the post-issue activities. Show Answer


Q1088) It is a process by which a demand for the securities proposed to be issued by a body
corporate is elicited.
Show Answer


Q1089) Financial services through the network of elements such as ________, serve the needs of
individuals, institutions and Corporate
Show Answer


Q1090) ______ is regarded as the fourth element of the financial system Show Answer


Q1091) Objectives of financial services:
1. Fund raising
2. Funds deployment
3. Specialized services
4. Regulation
5. Economic growth
Show Answer


Q1092) Chief characteristics of financial services:
1. Intangibility
2. Customer orientation
3. Inseparability
4. Dynamism
Show Answer


Q1093) Match the following:
1.Fund based activities i. Underwriting of/or investment in shares 2.
Non-fund based activities ii. Dealing in secondary market
iii. Arrangement of funds from financial institutions iv. Managing the capital
issues
Show Answer


Q1094) Factors affecting assigned ratings: Show Answer


Q1095) Identify the benefits of credit-rating to investors:
1. Safeguard against bankruptcy
2. Lower cost of borrowing
3. Saving of resources
4. Reduction of cost in public issues
5. Credibility of issues
6. Wider audience for borrowing
Show Answer


Q1096) CRISIL has been promoted by ____ and _____. Show Answer


Q1097) The term _____ is defined as a central location for keeping securities on deposit.
Show Answer


Q1098) The principal instruments of the organized money market –
1. The call money market
2. The repo market
3. The treasury bill market
4. The commercial bill market
5. The certificate of deposits market
6. The commercial papers market
7. The money market mutual funds
Show Answer


Q1099) Any change in flow of funds and the demand of them, is clearly reflected in – Show Answer


Q1100) _______ operates in Inter-bank call money market. Show Answer


Q1101) Lead merchant banker should advice the issuer to enter into ???????? with a particular
intermediary for the purpose of issue management
Show Answer


Q1102) The number of lead merchant bankers may not exceed in case any issue of, issue size
200crore to 400crore.
Show Answer


Q1103) A merchant bank can help an organization specifically in promotional functions,
????????????????????.
Show Answer


Q1104) Role of merchant bankers????????. Show Answer


Q1105) ?????????????? is a financial intermediary who helps to mobilize and transfer capital from those
who possess it to those who need it.
Show Answer


Q1106) .????????????? is a long term risk capital to finance high technology projects which involve risk
but at same time has strong potential for growth.
Show Answer


Q1107) ?????????????????act as an intermediary to link up the sources of ideas and the sources of fund. Show Answer


Q1108) The first bank to set up a separate merchant banking division in India. Show Answer


Q1109) Which of the following is not a fee?based financial service? Show Answer


Q1110) All merchant bankers must have minimum net worth of ???????????????. Show Answer


Q1111) Find out odd one? Authorization criteria of merchant bankers. Show Answer


Q1112) ????????????????? covers the entire range of services provided by a merchant banker. Show Answer


Q1113) Functions of financial services exclude ??????????????????????. Show Answer


Q1114) Financial service companies exclude ??????????????????????. Show Answer


Q1115) Financial services offered financing risk project e.g. Risk capital scheme of I F C I venture
capital fund of I D F I etc. to provide ????????????????.
Show Answer


Q1116) Category 1 merchant bankers can act as . Show Answer


Q1117) Merchant bankers are . Show Answer


Q1118) Merchant banker shall not associate with any business other than that of the securities
market.
Show Answer


Q1119) The number of lead merchant bankers may not exceeds in case any issue of , issue size less than Rs.50crore,number of MBs ?????????????????. Show Answer


Q1120) The holders of which instrument are members of the company and have voting rights? Show Answer


Q1121) The well established and well-organised market where the sale-purchase of different securities takes place according to certain laws, is known as Show Answer


Q1122) In stock exchange operations, when the speculator buys the right to sell a certain number of shares on an agreed amount at a specified time it is known as Show Answer


Q1123) Interest rate futures trading in India is available on Show Answer


Q1124) Treasury bills are short-term debt instruments (less than ............. year to maturity) issued at a discount. Show Answer


Q1125) Which of the following are an important source of information about companies for investors? Show Answer


Q1126) The features of th^ commercial papers are Show Answer


Q1127) An option which gives the holder the right to sell a stock at a specified price at some time in the future is called a r Show Answer


Q1128) QFI is defined to means a person (.not resident in India), who is resident in a country that is compliant with which standards? Show Answer


Q1129) The financial market for securities with maturities of less than one year is known as Show Answer


Q1130) How are the market borrowings of State Government managed? Show Answer


Q1131) Which of the following statement is correct about daily volumes in the call money market? Show Answer


Q1132) Which of the following are the means of marketing new issues of securities?
1. By listing of securities
2. Through jobbers and brokers
3. By private placing of securities
4. Through privileged subscription
Select the correct answer using the codes given below Codes
Show Answer


Q1133) The comprehensive meaning of an efficient stock market is that it is market which Show Answer


Q1134) Arrange the following institutions in chronology order.
1. SEBI (Securities Exchange Board of India), 1988
2. Board for Industrial and Financial Reconstruction (BIFR)
3. EXIM Bank
4. National Stock Exchange Codes
Show Answer


Q1135) Consider the following statements.
1. Transfer and transmission of shares are the same thing.
2. ‘Stag is a speculative person who applies for shares in a new issue expected to be over subscribed to make profit by selling such shares at a premium.
3. Stock is a bundle of fully paid shares put together for convenience.
Which of the statement(s) given above is/are correct?
Codes
Show Answer


Q1136) Which one of the following best supports the theory that the stock exchange is a secondary market? In a stock exchange Show Answer


Q1137) If in a year, the company does not have adequate profits, the dividend will not be payable in the case of which shares? Show Answer


Q1138) Who are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products or products that are traded and settled like financial products? Show Answer


Q1139) Since, investors can diversify away their ............. risks, they have to be compensated only for ............. risk. Show Answer


Q1140) SEBI regulations require that there should be atleast ............. trustees (or directors in the trustee company) in a mutual fund. Show Answer


Q1141) Recognised stock exchange means a stock exchange which is for the time being recognised by Show Answer


Q1142) The pay-in and pay-out dates for the settlement calendar is declared Show Answer


Q1143) To operate in the derivative segment of NSE, the dealer/broker and sales persons are required to pass examination Show Answer


Q1144) A January month Nifty futures contract will expire on the last ………. of January Show Answer


Q1145) The F and O segment of NSE provides trading facilities for the following derivative instruments, except Show Answer


Q1146) Verification and upload of client details has to be done on SEBI website every Show Answer


Q1147) Who can nominate members on the governing body of a recognised stock exchange? Show Answer


Q1148) NSE’s Certification in Financial Markets (NCFM) is a necessary qualification for becoming a trading member Show Answer


Q1149) As per the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, no acquirer who has acquired 15% or more, but less than 55% of the shares of a company shall acquire additional shares of the percentage specified below unless a public announcement is made. Show Answer


Q1150) Every listed company is required to submit to the stock exchange the shareholding pattern of the company on a Show Answer


Q1151) Under the member constituent agreement, trading members are required to make the clients aware of which of the following?
1. Trading segment in which the trading member is admitted.
2. SEBI registration number.
3. Basic risks involved in trading on the exchange.
Select the correct answer using the codes given below Codes
Show Answer


Q1152) Which of the following is maintained by NSE to make good investor claims, which may arise out of non-settlement of obligations by the trading member, who has been declared defaulter, in respect of trades executed on the exchange. Show Answer


Q1153) Demutualisation of stock exchanges refers to Show Answer


Q1154) Prospectus issued by a company is to be vetted and approved by the SEBI. This, however, does not mean that Show Answer


Q1155) Consider the following statements.
1. Foreign institutional investors have been allowed to invest in mutual funds.
2. The main objective of SEBI is to protect the investors.
3. Private placement is the route, through which promoters’ contribution is mobilised by a public
company.
4. RBI lays down the guidelines governing the capital market operation.
Which of the statement(s) given above is/are correct?
Codes
Show Answer


Q1156) SEBI, in recent times, has made it mandatory for listed companies to disclose to the public the number of ‘Encumbered Shares’. What do such shares mean? Show Answer


Q1157) What is the maximum brokerage that can be charged by an NSE trading member for a deal in government securities for ? 20 million? Show Answer


Q1158) Which of the following statement is true about the NSE MIBOR polling process? Show Answer


Q1159) Which of the following statements is true? Show Answer


Q1160) An investor owns one thousand shares of Reliance. Around budget time, he gets uncomfortable with the price movements. One contract on Reliance is equivalent to 100 shares. Which of the following will give him the hedge he desires? Show Answer


Q1161) Any person or persons acting in concert, who
together own ............. or more of the open interest
in index derivatives are required to disclose the same to the clearing corporation
Show Answer


Q1162) Who under Section 13 of the SEBI Act, 1992, may make grants to the SEBI? Show Answer


Q1163) The Central Government has powers to supersede the SEBI, if it is of the opinion that Show Answer


Q1164) If the chairman is unable to attend any meeting of the SEBI then Show Answer


Q1165) WTio have to compensate any loss occasioned to any investor or to the scheme and/or plan on account of non-compliance by the fund? Show Answer


Q1166) Which of the following entities provide ‘Take out Finance’ to banks engaged in financing of infrastructure projects? Show Answer


Q1167) Consider the following statements.
1. UTI is established by an Act of Parliament in 1964. So, UTI does not come under the SEBI regulations for mutual funds.
2. Mutual fund organisations can invest their mobilised funds abroad.
Which of the statement(s) given above is/are correct?
Codes
Show Answer


Q1168) The first development financial institution of India was Show Answer


Q1169) The first development financial institution of India was Show Answer


Q1170) The first development financial institution of India was Show Answer


Q1171) Arrange the following banks in order, in which they were established.
1. IDBI 2. IFCI 3. SIDBI 4. IIBI
Codes
Show Answer


Q1172) Arrange the following banks in order, in which they were established.
1. IDBI 2. IFCI 3. SIDBI 4. IIBI
Codes
Show Answer


Q1173) Arrange the following banks in order, in which they were established.
1. IDBI 2. IFCI 3. SIDBI 4. IIBI
Codes
Show Answer


Q1174) IFCI is authorised to borrow from Show Answer


Q1175) IFCI can accept deposits from the public, State Government and local authorities for a period of less than Show Answer


Q1176) One of the functions of IDBI is to assist other
financial institutions by of loans granted for
exports.
Show Answer


Q1177) One of the functions of IDBI is to assist other
financial institutions by of loans granted for
exports.
Show Answer


Q1178) One of the functions of IDBI is to assist other
financial institutions by of loans granted for
exports.
Show Answer


Q1179) One of the functions of IDBI is to assist other
financial institutions by of loans granted for
exports.
Show Answer


Q1180) ............. acquired United Western Bank in a
rescue in 2006.
Show Answer


Q1181) Which one of the following is the main objective of Unit Trust of India? Show Answer


Q1182) Which one of the following statements is
incorrect?
Show Answer


Q1183) Contribution towards Rural Infrastructure Development Fund is made by Show Answer


Q1184) The IDBI underwriters and ............. the shares and debentures of industrial concern. Show Answer


Q1185) Which one of the following statement is correct? Show Answer


Q1186) Which one of the following statement is incorrect? Show Answer


Q1187) Which one of the following statement is incorrect? Show Answer


Q1188) Which one of the following statement is incorrect? Show Answer


Q1189) Which one of the following statement is incorrect? Show Answer


Q1190) The first Mutual Fund Scheme in India was introduced by Show Answer


Q1191) In a mutual fund, the trust acts through ............. who are appointed by the sponsor. Show Answer


Q1192) Public investment is also known as________. Show Answer


Q1193) Using High Yield variety (HYV) seeds is associated with: Show Answer


Q1194) The duration of 11th five year plan is: Show Answer


Q1195) Target growth for sixth five year plan is : Show Answer


Q1196) A second green revolution is needed to raise the growth rate of agriculture GDP to around Show Answer


Q1197) Bureau of Industrial and Financial Reconstruction (BIFR) started its work on Show Answer


Q1198) The term industrialization involves :- Show Answer


Q1199) In terms of purchasing power parity, India ranks________. Show Answer


Q1200) The Planning Commission was set up in_______. Show Answer


Q1201) The principle task of planning commission is___________. Show Answer


Q1202) Which of these is a not an objective of planning Show Answer


Q1203) The first five year plan was presented to the parliament by: Show Answer


Q1204) Five steel mills at Dhilai, Durgapur and Raurkela were established in which five year plan? Show Answer


Q1205) Green revolution is also known as______________revolution Show Answer


Q1206) State Electricity Board was formed under which plan: Show Answer


Q1207) Three consecutive periods of drought were experienced in which plan? Show Answer


Q1208) In terms of agriculture which of these is the most developed state? Show Answer


Q1209) .___________sector is treated as the major source of savings. Show Answer


Q1210) Which of these is not a linkage between agriculture and industrial sector? Show Answer


Q1211) .___________sector occupies central place in the economy. Show Answer


Q1212) Agriculture price commission was set up in_________. Show Answer


Q1213) National Agricultural Policy was started in__________. Show Answer


Q1214) Which of these is not a thrust area of Tenth Five Year Plan? Show Answer


Q1215) Which of these is not a cause of low productivity? Show Answer


Q1216) Land reforms does not include Show Answer


Q1217) Green revolution was started in which year__________. Show Answer


Q1218) .___________aims at integrating our national economy with that of the world. Show Answer


Q1219) .___________is the process by which centre of gravity of the economy shifts from agriculture to industry. Show Answer


Q1220) Which of these is an objective of industrial policy? Show Answer


Q1221) As per IDRA, 1951, small scale industry is one which has investment upto________crore in plant and machinery excluding land and building. Show Answer


Q1222) In case of enterprises engaged in rendering of services, a small enterprise is one where investment in__________is more than 10 lakhs but less than 2 crores Show Answer


Q1223) The condition of persistent loss and erosion of net worth is known as: Show Answer


Q1224) Which of these is not a cause of industrial sickness? Show Answer


Q1225) .____________was set up for rehabilitation of sick units. Show Answer


Q1226) Which of these is not a thrust area of Tenth Five Year Plan? Show Answer


Q1227) Which of these is not a cause of low productivity? Show Answer


Q1228) Land reforms does not include Show Answer


Q1229) Green revolution was started in which year ................... Show Answer


Q1230) ................... aims at integrating our national economy with that of the world. Show Answer


Q1231) Which of these is an objective of industrial policy? Show Answer


Q1232) As per IDRA, 1951, small scale industry is one which has investment upto ................... crore in plant and machinery excluding land and building. Show Answer


Q1233) In case of enterprises engaged in rendering of services, a small enterprise is one where investment in ................... is more than 10 lakhs but less than 2 crores”. Show Answer


Q1234) The condition of persistent loss an erosion of net worth is known as: Show Answer


Q1235) Which of these is not a cause of industrial sickness? Show Answer


Q1236) ................... was set up for rehabilitation of sick units. Show Answer


Q1237) Public investment is also known as ................... Show Answer


Q1238) Using High Yield Variety (HYV) seeds is associated with: Show Answer


Q1239) The duration of 11th five year plan is: Show Answer


Q1240) Target growth for sixth five year plan is: Show Answer


Q1241) A second green revolution is needed to raise the growth rate of agriculture GP to around Show Answer


Q1242) Bureau of Industrial and Financial Reconstruction (BIFR) started its work on Show Answer


Q1243) The term industrialization involves: Show Answer


Q1244) The largest proportion of work force in India is engaged in the: Show Answer


Q1245) The highest literacy rate in India is observed in the state of Show Answer


Q1246) A country experiences population explosion when it gets stuck for long in a stage of demographic transition in which: Show Answer


Q1247) A country is said to be ready to enjoy demographic dividend when- Show Answer


Q1248) Problem in urbanization: Show Answer


Q1249) What was the urban population percentage in 1951? Show Answer


Q1250) TRAI was set up by: Show Answer


Q1251) NREGS stands for? Show Answer


Q1252) In Indian economy, the principal means of transportation is Show Answer


Q1253) Which of the following organizations looks after the credit needs of agriculture and rural development in India? Show Answer


Q1254) Which industry employs the largest number of women in India? Show Answer


Q1255) An economy is at the ‘take off stage on its path to development when it Show Answer


Q1256) Which among the following treaties provided for a common currency for the member countries of European Community? Show Answer


Q1257) Mixed economy means an economy where Show Answer


Q1258) Mixed economy means an economy where Show Answer


Q1259) Mixed economy means an economy where Show Answer


Q1260) Mixed economy means an economy where Show Answer


Q1261) Planning in India derives its objectives from: Show Answer


Q1262) Economic Planning is a subject defined in which of the following lists: Show Answer


Q1263) The contribution of agriculture to India’s economy is: Show Answer


Q1264) India opted for ‘Mixed Economy’ in: Show Answer


Q1265) An economy which does not have any relation with the rest of the world is known as Show Answer


Q1266) In an economy, the sectors are classified into public and private on the basis of Show Answer


Q1267) One of the following is not a renewable source of energy Show Answer


Q1268) Land reforms programme in India has aimed at Show Answer


Q1269) In India, at present 100 percent Foreign Direct Investment (FDI) is al'owed in: Show Answer


Q1270) In which state or union territory is the literacy rate highest in the country? Show Answer


Q1271) The fastest rate of growth in terms of income generated has been recorded in the past couple of decades, in the Show Answer


Q1272) Poverty ratio in India has been falling. It implies that Show Answer


Q1273) Find the odd one out among the following employment generation programmes: Show Answer


Q1274) In the early stages, commercial banks were Show Answer


Q1275) After independence, the Imperial Bank of India was nationalised and became known as Show Answer


Q1276) UCO bank is a Show Answer


Q1277) Which of the following is not the fund based business of commercial banks? Show Answer


Q1278) Bank show provision for income tax under the head Show Answer


Q1279) Which one of the following statement is corrrect? Show Answer


Q1280) Which one of the following statement is incorrect? Show Answer


Q1281) Rural Infrastructure Development Fund (RIDF) is maintained by Show Answer


Q1282) The only merger between nationalised banks was between New Bank of India and Punjab National Bank in Show Answer


Q1283) Which bank was incorporated as one of the Public Sector Banks in India during 2004-05? Show Answer


Q1284) All banking institutions are Show Answer


Q1285) Credit creation is a ………. of a bank. Show Answer


Q1286) Universal banking is the combination of commercial banking with Show Answer


Q1287) Credit gaps can be eliminated by reducing Show Answer


Q1288) Which of the following is not an instrument of credit control in the banking system? Show Answer


Q1289) Which of the following is not a function of a Rural Bank? Show Answer


Q1290) The commercial banks in India are governed by Show Answer


Q1291) Bank rate is also known as Show Answer


Q1292) When a drawer draws a cheque without keeping sufficient balance and if the cheque is bounced for insufficient funds, the drawer is punishable with imprisonment which may extend to ............... and/or a fine. Show Answer


Q1293) Paid-up capital of a bank should not be less than the following percentage of subscribed capital. Show Answer


Q1294) Nationalisation of banks aimed at all of the following except Show Answer


Q1295) encouragement of a new class of entrepreneur Show Answer


Q1296) The chief promoter of ‘Clearing Corporation’ is Show Answer


Q1297) Bank deposit refers to Show Answer


Q1298) Which one of the following statement is correct? Show Answer


Q1299) Which one of the following statement is incorrect? Show Answer


Q1300) Which of the following statement(s) is/are correct?
1. Corporative Banks are governed by the banking Regulations Act, 1951.
2. State Bank of India Act was enacted in the year 1955.
3. After nationalisation of 24 major commercial banks, they become the important instrument for advancement of rural banking.
4. NABARD was established on 12th July, 1992 with an initial capital of ?200 crore.
Select the correct answer using the codes given below
Codes
Show Answer


Q1301) Which of the following can be described as involving indirect finance? Show Answer


Q1302) Nationalised banks have been permitted to offer their equity shares to the public to the extent of 49% of their capital as per amendments made in 1994 in Show Answer


Q1303) Which of the following is not the liabilty of commercial banks? Show Answer


Q1304) Which is the oldest bank in existence in India, originated in the Bank of Calcutta in June 1806, which almost immediately became the Bank of Bengal? Show Answer


Q1305) Which of the following limits the power of credit creation by commercial banks? Show Answer


Q1306) Consortium lending is a lending facility, defined by a single loan agreement, in which ...............
participate.
Show Answer


Q1307) Which bank has become the first foreign bank to open a branch in Israel’s diamond exchange? Show Answer


Q1308) Which Indian PSU Bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time? Show Answer


Q1309) Which bank had its office in Anarkali Bazaar, Lahore when registered on 19th May, 1894 under Indian Companies Act? Show Answer


Q1310) Which one of the following statement is correct? Show Answer


Q1311) Which of the following statements are correct?
1. The Central Bank is usually control and quite often owned by the government of a country.
2. Export-Import Bank of India took over the export finance function of the IDBI.
3. Unit Bank has virtually one or two branches.
4. Citi Bank and ING Bank are universal banks.
Select the correct answer using the codes given below Codes
Show Answer


Q1312) Which of the following statement is incorrect? Show Answer


Q1313) Which one of the following statement is correct? Show Answer


Q1314) RBI was established with a share capital of ? ............... Show Answer


Q1315) Who is the custodian of monetary reserves in India? Show Answer


Q1316) Who is the fiscal agent and advisor to government in monetary and financial matters in India? Show Answer


Q1317) Before issuance of currency notes, RBI held ............... securities Show Answer


Q1318) Which of the rate is not determined by RBI? Show Answer


Q1319) Who is authorised to issue coins of smaller denomination in India? Show Answer


Q1320) Tier II capital should not be more than ………. Of Tier I capital. Show Answer


Q1321) Renewal charges for all advance accounts to be recovered on Show Answer


Q1322) Renewal charges for all advance accounts to be recovered on Show Answer


Q1323) Advance, which remain NPA upto a period of 12 months is called Show Answer


Q1324) Which of the following public sector banks in November 2011, froze its lending to the power sector? Show Answer


Q1325) FDI upto 49% in private banking sector of India is allowed through Show Answer


Q1326) FDI beyond 49%, but upto 74% in private banking sector of India is allowed through Show Answer


Q1327) The ………. advance is an advance where payment of interest and/or repayment of installment of principal remain unpaid for a period of two quarters or more. Show Answer


Q1328) The minimum capital adequacy ratio currently fixed by RBI for banks is Show Answer


Q1329) Non-performing advances means Show Answer


Q1330) In regard to assigning risk weight to NPAs, which one of the following is incorrect? Show Answer


Q1331) Loans upto ? 1 lakh against gold and silver ornaments will attract a risk weight of Show Answer


Q1332) Revaluation reserves are considered as a
discount, while determining their value for inclusion in Tier II capital. What is that discount?
Show Answer


Q1333) Credit risk is defined as Show Answer


Q1334) Unsecured exposure will attract the following provision Show Answer


Q1335) Which one of the following statement is incorrect? Show Answer


Q1336) Which Indian PSU bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time? Show Answer


Q1337) The increase in foreign investment limit in the banking sector to 74% includes portfolio investment. Show Answer


Q1338) If all the banks in an economy are nationalised and converted into a monopoly bank, the total deposits Show Answer


Q1339) Under which pillar of RBI’s new capital adequacy framework (Basel-II guidelines), minimum 8% capital adequacy for credit risk, market risk and operational risk has been prescribed? Show Answer


Q1340) Pillar-II of RBI’s new capital adequacy framework (Basel-II guidelines) prescribes that Show Answer


Q1341) Which one of the following statement(s) is/are incorrect? Show Answer


Q1342) The methods used for computation of capital for credit risk under Basel-II are Show Answer


Q1343) The idea behind a capital adequacy ratio is that banking risk should be borne by Show Answer


Q1344) As a consortium leader, the Lead Bank would
1. coordinate with government office’s, banks and other
stakeholders.
2. undertake planning and formulation of annual
district credit plans through block and district consultative committee^.
3. help in synergising all efforts to fulfill plan priorities
and district specific requirements.
Select the correct answer using the codes given below
Codes
Show Answer


Q1345) Which of the following statement is incorrect?
1. NPAs = [(Gross or Net NPAs)/Total advances] x 100
2. Net NPAs = Gross NPAs - Provision for NPA’s

3. LAK = Tier two capital + Tier three capital/Risk weighted assets
4. Capital fund has two tiers -Tier I or core capital Tier II
Codes
Show Answer


Q1346) Which of the following statement is incorrect?
1. NPAs = [(Gross or Net NPAs)/Total advances] x 100
2. Net NPAs = Gross NPAs - Provision for NPA’s

3. LAK = Tier two capital + Tier three capital/Risk weighted assets
4. Capital fund has two tiers -Tier I or core capital Tier II
Codes
Show Answer


Q1347) Consider the following statements.
1. In case of standard assets, provision for NPA must be 25% for all types of standard assets.
2. In case of sub-standard assets, provision for NPA must be 10% for all types of standard assets.
3. In case of doubtful assets, 100% provision is required for unsecured and secured advances.
4. In case of loss assets, 10% of unsecured and 100% of secured advance must be kept as provision for NPAs.
Which of the statement(s) given above is/are correct?
Codes
Show Answer


Q1348) Consider the following statements.
1. In case of standard assets, provision for NPA must be 25% for all types of standard assets.
2. In case of sub-standard assets, provision for NPA must be 10% for all types of standard assets.
3. In case of doubtful assets, 100% provision is required for unsecured and secured advances.
4. In case of loss assets, 10% of unsecured and 100% of secured advance must be kept as provision for NPAs.
Which of the statement(s) given above is/are correct?
Codes
Show Answer


Q1349) Lot of banks in India, these days are offering M-Banking facility to their customers. What is the full form of ‘M’ in ‘M-Banking’? Show Answer


Q1350) For tele banking, banks required approval from RBI Show Answer


Q1351) E- banking is synonymous with Show Answer


Q1352) Real Time Gross Settlement (RTGS) is managed by Show Answer


Q1353) Which one of the following statement is incorrect? Show Answer


Q1354) A card is basically a payment mechanism
which allows thfe holder of the card to make purchase without any immediate cash payment.
Show Answer


Q1355) ATM was first introduced in India by Hongkong and Singapore Banking Corporation (HSBC) in the year Show Answer


Q1356) Which bank has introduced ‘Prepaid Card’ first? Show Answer


Q1357) Who is the chairman of planning commission? Show Answer


Q1358) The main object of Regional Rural Banks is to provide credit to Show Answer


Q1359) Maximum contribution in India’s national income is from Show Answer


Q1360) __________ provides crop storage facility in India Show Answer


Q1361) Annual production of 250 million tones of food grains is a coal of Show Answer


Q1362) Commercial Banks are the part of Show Answer


Q1363) Objective of Regional Rural Bank is Show Answer


Q1364) Which of the following is not a tenacy reforms: Show Answer


Q1365) Which of the following type of land tenure systems were prevailing in India at the time of independence? Show Answer


Q1366) Which of the following is the largest contributor of GDP in India? Show Answer


Q1367) Who is responsible for collecting and presenting statistics in India? Show Answer


Q1368) FCI (Food Corporation of India) is the Nodal agency for which of the following activites relating to food management in the country? Show Answer


Q1369) Which of the following is the correct definition of a micro enterprise according to micro, small and medium Enterprise Development (MSMED) Act. 2006? Show Answer


Q1370) The annual growth rate of the Industrial Sector has remained at _________ percent over the Eleventh Plan Period Show Answer


Q1371) Tourism is an example of: Show Answer


Q1372) Central bank can increase the cash reserve of the commercial banks by Show Answer


Q1373) Central bank can increase the cash reserve of the commercial banks by Show Answer


Q1374) The RBI can decrease the bank credit by Show Answer


Q1375) Which of the following best describes the bank rate Show Answer


Q1376) Which of the following is not the objectives of the monetary policy of the RBI? Show Answer


Q1377) Interest rate policy is a part of Show Answer


Q1378) Bank rate, implies the rate of interest Show Answer


Q1379) Open market operation is a part of Show Answer


Q1380) In the, context of monetary policy, what does the term open market operations refer to? Show Answer


Q1381) Which of the following is not an instrument of monetary policy? Show Answer


Q1382) In India, the three major objectives of economic policy are growth, social, justice and price stability. Which of the above objective can be pursued most effectively by the monetary authorities of the country? Show Answer


Q1383) Commercial banks in India were nationalized in 1969 because Show Answer


Q1384) Nationalization of banks aimed at all of the following except Show Answer


Q1385) Rural bank branches constitute __________ % of total bank branched in India Show Answer


Q1386) Population per bank in India is Show Answer


Q1387) Interim of deposit mobilization __________ Leads other states. Show Answer


Q1388) In terms of lending priority sectors like constitute about __________ of total banking lending. Show Answer


Q1389) Which is the central bank of India? Show Answer


Q1390) Commercial banks suffer from Show Answer


Q1391) __________ refers to that portion of total deposits of a commercial bank, which it has to keep with RBI in the form of cash reserves. Show Answer


Q1392) __________ controls affect indiscriminately all sectors of the economy Show Answer


Q1393) During depression, it is advisable to Show Answer


Q1394) Which of the following statements is correct ? Show Answer


Q1395) Gross capital formation in India is very Show Answer


Q1396) Who is the custodian of monetary reserves in India Show Answer


Q1397) Who is called the "bank of issue Show Answer


Q1398) Who is the rascal agent and adviser to government in monetary and financial matters in India? Show Answer


Q1399) Who is the custodian of national reserves of international currency? Show Answer


Q1400) The profitability ratio of bank has declined over the years due to Show Answer


Q1401) Decrease in the reserve ratio leads to __________ Show Answer


Q1402) Which of the following period is considered as 'Plan Holiday' in India? Show Answer


Q1403) Which of the following is an advantage of cooperative farming: Show Answer


Q1404) The term that refers to disposal of public sector units equity in the market is: Show Answer


Q1405) Under IRDA Act, 1951 which of the following was the requisite of becoming an Small Scale Industry (SSI)? Show Answer


Q1406) Which of the following is secondary function of money? Show Answer


Q1407) What will happen to the lending power of the bank if the repo rate decreases Show Answer


Q1408) In India all commercial are regulated by: Show Answer


Q1409) Which of the following measure is taken by Bank for credit creation? Show Answer


Q1410) Which of the following lists primary function of money? Show Answer


Q1411) Largest Commercial bank in India, in terms of deposits is: Show Answer


Q1412) National Agriculture Insurance Scheme was implemented on Show Answer


Q1413) Which is not a Kharif Crop ? Show Answer


Q1414) The data of estimation of India's National income is issued by ? Show Answer


Q1415) The concept of Economic Planning in India is derived from ? Show Answer


Q1416) First five year plan in India was from Show Answer


Q1417) Six Commercial banks were nationalised by the Government on Show Answer


Q1418) The 14 major banks were nationalised by the Government on Show Answer


Q1419) Which of the following is the first Private bank established based on the recommendations of the Narasimhan Committee? Show Answer


Q1420) UTI Bank Ltd. was established in Show Answer


Q1421) Industrial Financial Corporation of India was established in Show Answer


Q1422) Lead Bank system was started in Show Answer


Q1423) Lead Bank system was started on the recommendations of Show Answer


Q1424) Regional Rural Development Banks were established on Show Answer


Q1425) The Regional Rural Development Banks (RRDare established based on the recommendations of the Show Answer


Q1426) Which of the following Committees were appointed by the Government for restructureing the Regional Rural Development Banks? Show Answer


Q1427) What is the position of India by GDP (nominal) according to International Monetary Fund list, 2012 Show Answer


Q1428) Which one from below is one of the four cities where coins are produce Show Answer


Q1429) Which bank is the first to introduce ATM in India Show Answer


Q1430) Which sector is the largest source of employment in India Show Answer


Q1431) In which year India adopted liberal and free-market principles Show Answer


Q1432) Which country shares the highest percentage of Indian imports Show Answer


Q1433) Which sector is the second largest source of employment in India Show Answer


Q1434) When the first Economic Census was done in India Show Answer


Q1435) Who presented the first Union Budget of Independent India Show Answer


Q1436) Who was the chairman of National Income Committe appointed by Government of India in 1949 Show Answer


Q1437) The Business Correspondence Model being adopted by the banks provides Banking facilities to which of the following Show Answer


Q1438) Which of the following agencies/organizations in India maintains the Micro Finance Development and Equity Fund which was in news recently? Show Answer


Q1439) As per news in various newspapers ‘kfw’ Group released another installment of its financial aid to India. Kfw is an organization/bank based in ____. Show Answer


Q1440) Which of the following agencies/organizations has decided to make major changes for ULIP’s? Show Answer


Q1441) Which of the following agencies/organizations has decided to make major changes for ULIP’s? Show Answer


Q1442) Which of the following agencies/organizations has decided to make major changes for ULIP’s? Show Answer


Q1443) Which of the following agencies/organizations has decided to make major changes for ULIP’s? Show Answer


Q1444) Which of the following is NOT a financial term? Show Answer


Q1445) In the terms of economics, the recession occurring two times with a small gap in between is known as Show Answer


Q1446) A consortium of commercial banks has joined hands to float a new company which will collect data related to frauds and security risks. Which of the following is the name of the company? Show Answer


Q1447) As per newspaper reports the Bank of Japan, which is the Central Bank of the country, took special measures, first time in last six years, to contain the rise in the value of Yen. Why did Japan had to take this special measure which surprised many countries?(A) Japan was fearful that a rising currency would damage its export-led recovery plan.
(B) It was one of the measures taken by Japan to come out of its economic setback it suffered in the recent past.
(C) Since the US Dollar has become a Weak Global Currency, Japan wants the Yen to be recognized as the global currency in place of the US dollar.
Show Answer


Q1448) The Reserve Bank of India has set up a Working Group to review current operating procedure of monetary policy including ‘LAF’. What is fullform of ‘LAF’? Show Answer


Q1449) Which of the following organizations/ agencies plays a major and crucial role to moderate & control inflation in a country?
(A) Central Bank of the country (B) Stock Markets of the country (C) Planning Commission of the country
Show Answer


Q1450) Many times we read about ‘Balance of Payment’ in economic literature. Which of the following statement(s) define the term correctly(A) It is a record of all transactions made between one particular country and all other countries.
(B) It is a record of all transactions made between the countries wherein the payment was made in a currency other than US Dollar.
(C) It is a record of all exports/ imports from /by a country and difference in amount of both in terms of payment in US dollars
? Show Answer


Q1451) Many times we read about ‘Balance of Payment’ in economic literature. Which of the following statement(s) define the term correctly(A) It is a record of all transactions made between one particular country and all other countries.
(B) It is a record of all transactions made between the countries wherein the payment was made in a currency other than US Dollar.
(C) It is a record of all exports/ imports from /by a country and difference in amount of both in terms of payment in US dollars
? Show Answer


Q1452) As per the existing policy the Cash Reserve Ratio (CRR) of scheduled banks is fixed at a certain percentage of their NDTL. What is full form of NDTL? Show Answer


Q1453) The Reserve Bank of India recently decided to review its monetary policy more frequently. This measure of the RBI will be called RBI’s - ------
(A) Monetary Measure
(B) Financial Market Measure
(C) Regulatory Measure
Show Answer


Q1454) Basel Committee on Banking Supervision” is also /or popularly known as ______ Show Answer


Q1455) Which of the following is /are the highlights of the Foreign Trade Policy 2009-14, which was reviewed by the Government recently?
(A) Government to increase exports up to US $ 200 billion this fiscal year.
(B) List of items allowed for duty-free imports reduced by 30%.
(C) Few towns like Barmer, Bhiwandi and Agra were declared towns of Export Excellence
Show Answer


Q1456) The Direct Tax Code which was revised recently will be implemented from which of the following dates? Show Answer


Q1457) Government may reduce its budgetary deficit by various measures. Which of the following is NOT one such measure? Show Answer


Q1458) Commercial Papers’ are issued by______ Show Answer


Q1459) ‘MAT’ provision in Income Tax stands for ___ Show Answer


Q1460) Many times we read about SWIFT in newspapers. What is its full from? Show Answer


Q1461) In the world of commodity exchanges- the concept of “A standard contract to buy or sell a specified commodity at a certain date in future and at a market driven price”—is known as ____ Show Answer


Q1462) The foreign trade policy in India is announced by the Show Answer


Q1463) Lending to Self Help Groups (SHGs) by Banks is known as ____ Show Answer


Q1464) Through which one of the following source(s) . Indian companies are allowed to access funds from abroad?(A) External Commercial Borrowing (ECB) only
(B) Foreign Currency Convertible Bonds (FCCBs) Foreign Currency Exchangeable Bonds only
(C) Preference Shares only.
Show Answer


Q1465) While tackling the problem of inflation, which one of the following aspects is taken into consideration by the RBI? Show Answer


Q1466) The basic characteristic of a capitalistic economy is Show Answer


Q1467) Which of the following taxes is not a direct tax? Show Answer


Q1468) UNDP prepares Show Answer


Q1469) Fiscal policy refers to Show Answer


Q1470) Public opinion gets an authoritative expression in a democracy through Show Answer


Q1471) Which one of the following is not a determining factor of a country’s foreign policy? Show Answer


Q1472) Who will act as the Chairman of Public Accounts Committee? Show Answer


Q1473) Who was chosen unanimously as the President of India? Show Answer


Q1474) The Constitution of India was passed by the Constitutent Assembly on Show Answer


Q1475) The power to decide an election petition is vested in the Show Answer


Q1476) The 1857 Mutiny failed mainly because Show Answer


Q1477) The Story of ‘My Experiment with Truth” is the autobiography of Show Answer


Q1478) Who among the following made the Ganapati festival very popular in Maharashtra? Show Answer


Q1479) The Mughal ruler who built the Buland Darwaja was Show Answer


Q1480) Diarchy in the provinces was introduced through theDiarchy or dual Government in the provinces of British India was introduced by Government of India Act (1919).
Show Answer


Q1481) Which of the following is the world’s largest desert? Show Answer


Q1482) The rate of erosion in a stream is lowest where Show Answer


Q1483) The name ‘Sahyadri’ is related to: Show Answer


Q1484) Which of the following is not correctly matched? Show Answer


Q1485) Tides in the sea have stored in them Show Answer


Q1486) Delivery of developed foetus is scientifically called as Show Answer


Q1487) Delivery of developed foetus is scientifically called as Show Answer


Q1488) Thyroxine hormone is secreted by Show Answer


Q1489) The digestive juice which has no enzyme is Show Answer


Q1490) An essential feature of seed germination is the presence of Show Answer


Q1491) Plants that grow on stones and rocks are Show Answer


Q1492) Tactile hair is found in the body of Show Answer


Q1493) The source of energy in the sun Show Answer


Q1494) Banking of curves on road or railway track is done to provide Show Answer


Q1495) ___________ is a type of application software used for communication. Show Answer


Q1496) A floppy disk is Show Answer


Q1497) MDI stands for Show Answer


Q1498) People die in an atmosphere of carbon dioxide because Show Answer


Q1499) Which of the following acts as photosensitizer during photosynthesis? Show Answer


Q1500) What happens when bleaching powder is left exposed to air? Show Answer


Q1501) Arsenic pollution leads to Show Answer


Q1502) Which one of the following does not contribute to pollution? Show Answer


Q1503) Which of the following are the two major components of dry air (by volume)? Show Answer


Q1504) Which one of the following is not an example of Lotic ecosystem? Show Answer


Q1505) Permissible noise level at industrial area during daytime is Show Answer


Q1506) Benazir Bhutto, the former Pakistan Prime Minister was assassinated in Show Answer


Q1507) Which of the following is correctly matched?
Research Institue Headquarters
Show Answer


Q1508) Who was affectionately known as the “Grand Old Man of India”? Show Answer


Q1509) India test fired successfully its Agni-V surface-to-surface ICBM from Wheeler Island on Show Answer


Q1510) Find the odd one out: Show Answer


Q1511) The Tweleth Five Year Plan will be operative for the period Show Answer


Q1512) The State with largest gap in the male and female literacy is Show Answer


Q1513) “Better to regin in hell than serve in heaven.” Who said these words? Show Answer


Q1514) Comprehensive Test Ban Treat (CTBT) is associated with the ban on which of
the following?
Show Answer


Q1515) The Pulitzer prize is associated with which of the following? Show Answer


Q1516) Which of the following organizations/ institution set up the Regional Rural Banks? Show Answer


Q1517) Initially, How many Regional Rural Banks were established with the capital share being 50% by the central government, 15% by the state government and 35% by the scheduled bank? Show Answer


Q1518) In which of the following year Regional Rural Banks (RRBs) were established in India? Show Answer


Q1519) Recently, Government of India instructed Regional Rural Banks to Increase its branch network by how many percent every year? Show Answer


Q1520) We Know initially five Regional Rural Banks (RRBs) were set up in India in the year 1975 and each RRB was sponsored by a nationalized bank, Which one of the following nationalized banks was not a part of this? Show Answer


Q1521) Which of the following Organization refinance Regional Rural Banks (RRBs)? Show Answer


Q1522) At present in India How Many Regional Rural Banks (RRBs) are there? Show Answer


Q1523) What was the main objective behind the setting up of Regional Rural Banks in India? Show Answer


Q1524) On October 2 1975 five Regional Rural Banks (RRBs) were established by the Government of India with a goal to help what type of economy? Show Answer


Q1525) Which of the following is the principal owner of a Regional Rural Bank (RRB)? Show Answer


Q1526) Regional Rural Banks Show Answer


Q1527) Which of the following schemes launched by the Government of India is aimed at developing rural Infrastructure? Show Answer


Q1528) As per the newspaper reports, the RBI is planning to introduce
What are the benefits of "Plastic Notes"?(A) Their Shelf life will be longer
(B) It will replace plastic money or credit, debit cards which are giving birth to many fradulent practices.
(C) Printing will be cheaper

Show Answer


Q1529) 'Sub-Prime Lending' is a term applied to the loans made to __________ Show Answer


Q1530) The SBI recently has cut NEFT and RTGS charges by up to 75%. All the new charges for the services will attract the GST rate of Show Answer


Q1531) The Fiscal Responsibility and Budget Management (FRBM) committee is headed by Show Answer


Q1532) Which of the following is the "informal route" of credit in the financial sector? Show Answer


Q1533) What is the term 'Underwriting' means frequently used in the financial sector? Show Answer


Q1534) What is the maximum stake that the Govt. of India has in any Public Sector Bank currently? Show Answer


Q1535) Many times we come across a term in the field of banking operation which reads 'ECS'. What is the full form of the same? Show Answer


Q1536) . is based on the principle of self-help through mutual help, abolition of
profits and service above self h
Show Answer


Q1537) In form of business organization profit earning is the
fundamental motive.
Show Answer


Q1538) In each works for all and all work for each. Show Answer


Q1539) In the state is supreme, while in the individual freedom
occupies the front position.
Show Answer


Q1540) ……… pre-supposes the dominance of the State, whereas the co¬
operative movement does not accept State interference
Show Answer


Q1541) The principles of ‘Voluntary Association’ and Democratic Management’ are the
guidelines for
Show Answer


Q1542) International Cooperative Alliance was founded by the International Cooperative
Congress held in London in
Show Answer


Q1543) The is the Chief Executive Officer of the ICA. Show Answer


Q1544) The presides over the General assembly and Board of ICA. Show Answer


Q1545) The presides over the General assembly and Board of ICA. Show Answer


Q1546) The presides over the General assembly and Board of ICA. Show Answer


Q1547) The presides over the General assembly and Board of ICA. Show Answer


Q1548) The ICA has member organizations around the world from
different countries as on 26th March 2013.
Show Answer


Q1549) What does ‘OM’ indicate as an activity in the ‘Activity Log’ screen in the NEAT system? Show Answer


Q1550) The clients introduced by an authorized person to a trading member, would be required to deliver securities and make payments directly in the trade name of the trading member. True or False? Show Answer


Q1551) At the end of the trade cycle, the trades are to
determine the obligations of the trading members to deliver securities/funds as per settlement schedule.
Show Answer


Q1552) is a volume related order condition. Show Answer


Q1553) Equity shares cannot be issued for the purpose of: Show Answer


Q1554) A Company may issue Show Answer


Q1555) A company cannot issue Show Answer


Q1556) To whom dividend is given at a fixed rate in a company? Show Answer


Q1557) Preference shareholders have Show Answer


Q1558) The shares on which there is no any pre-fixed rate of dividend is decided, but the rate of dividend is fluctuating every year according to the availability of profits, such share are called : Show Answer


Q1559) Preference shares, in case the holders of these have a right to convert their preference shares into equity shares at their option according to the terms of issue, such shares are called : Show Answer


Q1560) A preference share which does not carry the right of sharing in surplus profits is called Show Answer


Q1561) Which shareholders have a right to receive the arrears of dividend from future profits Show Answer


Q1562) Which shareholders are returned their capital after some specified time Show Answer


Q1563) The following statements apply to equity/preference shareholders. Which one of them applies only to preference sharehoders? Show Answer


Q1564) Unless otherwise stated, a preference share is always deemed to be : Show Answer


Q1565) Nominal Share Capital is ................ Show Answer


Q1566) The portion of the capital which can be called-up only on the winding up of the Company is called ................ Show Answer


Q1567) Capital included in the Total of Balance Sheet of a Company is called : Show Answer


Q1568) ................ is transferred to Capital Reserve. Show Answer


Q1569) Reserve Capital is also known by : Show Answer


Q1570) Reserve Capital is Show Answer


Q1571) In the Balance Sheet of a company, under the heading share capital, at the last is shown Show Answer