Financial Institutions & Banking
Multiple Choice Multiple Answer
1 ) Question- Primary cooperative societies are not covered by the DICGC.
Correct Answer - True
1 ) Question- Primary cooperative societies are not covered by the DICGC.
Correct Answer - True
2 ) Question- Since February,2000, RBI gave operational freedom to
Correct Answer - Commercial banks and regional rural banks to extend credit facilities to MFIs
Correct Answer - Commercial banks and regional rural banks to extend credit facilities to MFIs
3 ) Question- Safe custody services of banks are utilized for safe keeping of cash customers.
Correct Answer - False
Correct Answer - False
4 ) Question- The deposit Insurance and credit Guarantee Corporations is the only organization that provides
Correct Answer - Deposit insurance in India
Correct Answer - Deposit insurance in India
5 ) Question- Rashtriya mahila Kosh is one among the micro finance service providers
Correct Answer - True
Correct Answer - True
6 ) Question- Correct Answer -
A) Supplier’s Credit – term credit to overseas importers
B) Pre-shipment Credit – credit for purchase of raw material
C) Exim bank - Development of exports
D) Term Credit – credit for purchase of plant and equipment
7 ) Question- Primary Lending Institutions (PLIs) provide finance to individual borrowers, builders and corporate house for the purpose of
Correct Answer - purchase / construction of house , repair / up gradation of existing bungalows only
Correct Answer - purchase / construction of house , repair / up gradation of existing bungalows only
8 ) Question- Land development Banks raise their resource from
Correct Answer- Share capital , reserves and deposit , loans and advances and debentures
Correct Answer- Share capital , reserves and deposit , loans and advances and debentures
9 ) Question- The ‘Net Saving’ to the originator as result of the NHB’s guarantee shall be equally shared between
Correct Answer- the NHB and the holders of subordinate RMBS / originator
Correct Answer- the NHB and the holders of subordinate RMBS / originator
10 ) Question- A company issue CPs almost always to save __________ costs.
Correct Answer- interest
Correct Answer- interest
11 ) Question- Bank in India make agreement of international finance to its customers and also manage the issues of
Correct Answer-
Correct Answer-
A) Global Depository Receipts,
B) American Depository Receipts ,
C) Euro Bonds etc.
12 ) Question- NCDC provides financial support to primary , regional, state and national level marketing societies in the form of
Correct Answer-
Correct Answer-
A) ,argin money and working capital finance to augment business operations of the agricultural produce
B) Strengthening the share capital base,
13 ) Question- Banks issue letters of undertaking to suppliers of goods and/or services which are called “Letters of _______ ‘.
Correct Answer- Credit.
Correct Answer- Credit.
14 ) Question- The balances held under CRR and SLR are together know as _________ reserve of a bank.
Correct Answer- Stautory
Correct Answer- Stautory
