Credit gaps can be eliminated by reducing
A. information asymmetry
B. size of the firm
C. Both A and B
D. None of these
Select an option to see the answer and solution.
The relationship between value of money and general price level is:
A. Direct
B. Inverse
C. Indirect
D. Proportional
Select an option to see the answer and solution.
Match the items of
List-I with the items of
List-II and select the correct option.
List-I
List-II
a. Relationship Banking
1. Dealing in hundis and acceptance of deposits.
b. Merchant Banking
2. Widening the entrepreneurial base and assist in a rapid rate of industrial growth.
c. Indigenous Banking
3. Engaged in the business of Issue Management.
d. Development Banking
4. Creating, maintaining and enhancing strong relationship with customers.
A. a-4, b-2, c-1, d-3
B. a-2, b-4, c-3, d-1
C. a-4, b-3, c-1, d-2
D. a-2, b-1, c-4, d-3
Select an option to see the answer and solution.
Which one of the following methods of Inflation Accounting has been proposed by Sandilands Committee of U.K.?
A. General Price Level Method
B. Specific Price Level Method
C. Current Cost Accounting Method
D. Generally Accepted Accounting Principles
Select an option to see the answer and solution.
Consider the following statements regarding mutual funds.
1. Mutual funds can participate in options trading and carrying forward transactions in securities.
2. Mutual funds can invest in transferable securities in the money and capital markets.
Which of the statement(s) given above is/are correct?
A. Only 1
B. Only 2
C. Both 1 and 2
D. Neither 1 nor 2
Select an option to see the answer and solution.
Which of the following term means that the insured is not entitled to make a profit on his loss?
A. Subrogation
B. Indemnity
C. Insurable interest
D. Contribution
Select an option to see the answer and solution.
Lender of the last resort is
A. RBI
B. NABARD
C. SBI
D. Local money lenders
Select an option to see the answer and solution.
Match the following.
List-I
List-II
a. Rate at which RBI gives loans to commercial banks by discounting bills
1. Reverse Repo rate
b. Rate at which RBI borrows from commercial banks
2. Repo rate
3. Prime lending rate
A. a-3, b-1
B. a-2, b-1
C. a-1, b-2
D. a-3, b-2
Select an option to see the answer and solution.
Find correct statements about National Small savings fund (NSSF).
1. Money from this fund, is utilized for covering the fiscal deficit of the Union and states.
2. Parliamentary approval is not necessary for utilizing funds from NSSF.
A. 1 and 2
B. Neither 1 nor 2
C. 1 is correct
D. 2 is correct
Select an option to see the answer and solution.
Narsimham committee is related to:
A. Bank
B. Insurance
C. Union Bank
D. HRM
Select an option to see the answer and solution.
A bearer bond is:
A. an instrument evidencing a debt in the name of the holder
B. an instrument of loan issued by scheduled commercial bank
C. an instrument stating that the bearer thereof is entitled to receive payment of a certain sum on the maturity date as per the terms of the particular loan for which the bond is issued
D. All of the above
Select an option to see the answer and solution.
National Income of India is estimated by:
A. Central Estimates Survey Committee
B. National Sample Survey Committee
C. Central Statistical Organization
D. Finance Ministry
Select an option to see the answer and solution.
The bank rate means
A. rate at which RBI purchases or rediscounts bills of exchange of commercial banks
B. rate of interest allowed by commercial banks on their deposits
C. rate of interest charged by commercial banks from borrowers
D. rate of interest at which commercial banks discounted bills of their borrowers
Select an option to see the answer and solution.
Currency Swaps are:
A. common currency transactions involving borrowing and lending
B. currency loans from a foreign country
C. back-to-back loan
D. None of the above
Select an option to see the answer and solution.
Call money rate is applicable for a very short period to:
A. Interbank advances
B. Bank to Reserve Bank advances
C. Reserve Bank to Bank advances
D. Commercial Banks to Industrial Banks advances
Select an option to see the answer and solution.
Match the following items of
List-I with the items of
List-II :
List-I
List-II
a. IDBI
1. 1956
b. ICICI
2. 1955
c. LIC of India
3. 1990
d. SIDBI
4. 1964
A. a-3, b-1, c-2, d-4
B. a-3, b-1, c-4, d-2
C. a-4, b-2, c-1, d-3
D. a-1, b-2, c-3, d-4
Select an option to see the answer and solution.
Earliest known cooperative credit union 'Anyonya Sahakari Mandali' was founded in which year?
Select an option to see the answer and solution.
A . . . . . . . . card is basically a payment mechanism which allows the holder of the card to make purchase without any immediate cash payment.
A. ATM
B. credit
C. debit
D. Kisan credit land
Select an option to see the answer and solution.
The central office of the Life Insurance Corporation of India (LIC) is located to
A. Kolkata
B. New Delhi
C. Pune
D. Mumbai
Select an option to see the answer and solution.
Which of the following is false about NBFCs?
A. NBFCs cannot accept demand deposits
B. NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself
C. deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs
D. NBFCs cannot undertake insurance business
Select an option to see the answer and solution.