Atal Pension Yojana is a type of:
A. Guaranteed Pension Scheme
B. Self-invested personal pension (SIPP)
C. Additional voluntary contributions (AVe) scheme
D. All of the above
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Which of the following are the characteristic of a financial intermediary?
1. It introduces borrowers to lenders.
2. It has assets which exceed liabilities.
3. It increases liquidity for lenders.
4. It reduces transaction costs for borrowers and lenders.
5. It makes excess profit.
A. 2 and 3
B. 3 and 4
C. 1, 2 and 3
D. 3, 4 and 5
Select an option to see the answer and solution.
When a country decides to conduct trade on favourable terms with another country for mutual benefits, this is called:
A. FTA System
B. MFN Status
C. Bilateral Trade
D. Counter Trade
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The first development financial institution of India was
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In the early stages, commercial banks were
A. in private sector
B. in public sector
C. government agency
D. quasi-autonomous National Government Organisation
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In computer parlance, "FTP" means:
A. File Transfer Protocol
B. File Transit Protocol
C. File Translate Protocol
D. File Typing Protocol
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The First Report of Narsimhan Committee for the banking sector reforms was presented
A. In 1990
B. In 1991
C. In 1992
D. In 1994
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What is meant by devaluation of rupee?
A. Decrease in the weight of coins
B. Decrease in domestic purchasing power of rupee
C. Decrease in external purchasing power of rupee
D. Decrease in the face value of rupee
Select an option to see the answer and solution.
Which of the following statement is correct about daily volumes in the call money market?
A. These volumes are usually lower than the volumes in the repo markets
B. These volumes are comparable with volumes in the ICD and CP markets
C. They register the largest transaction value after government securities
D. Call money markets record the highest daily transaction value amongst all segments of debt markets
Select an option to see the answer and solution.
An investor sold 100 nifty futures at Rs 4,500 future. He bought them back at Rs. 5,000 per future total profit/loss is Rs.
A. (+) 4,000
B. (-) 4,000
C. (-) 5,000
D. (+) 5,000
Select an option to see the answer and solution.
What is the upper limit prescribed for RTGS transaction?
A. Rs. 5 lakhs
B. Rs. 1 lakhs
C. Rs. 25 lakhs
D. No upper limit is prescribed
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Which of the following companies has received the Tata Energy Research Institute (TERI) award?
A. Shreeram jute products ltd
B. Soshasai paper and boards ltd
C. Sundari rubber mills ltd
D. Siyaram textiles ltd
Select an option to see the answer and solution.
Reserve Bank of India has not authorized banks to approve limits relating to:
A. Cash Reserve Ratio
B. Statutory Liquidity Ratio
C. Foreign Exchange Operations
D. None of the above
Select an option to see the answer and solution.
Match the following concepts of
List-I with
List-II .
List-I
List-II
a. Raghuram Rajan
1. Financial Services
b. Nachiketa Mor
2. Banking licenses
c. Arvind Mayaram
3. Comprehensive Financial Services for Small Businesses and Low Income Households
d. Bimal Jalan
4. New definitions for FDI and FII
A. a-1, b-2, c-3, d-4
B. a-4, b-1, c-3, d-2
C. a-3, b-2, c-4, d-1
D. a-1, b-3, c-4, d-2
Select an option to see the answer and solution.
Which of the following concepts principle of indemnity is applicable to?
A. Life Insurance
B. Personal accident insurance
C. Proximate Cause
D. Property insurance
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Which of the following statement/s is/are correct?
A. Since independence, if India had followed a free market capitalist model of economy, financial inclusion would have been extremely high
B. Since independence, if India had taken concrete steps for financial inclusion, the regional disparities would have been less
C. Both A and B are correct
D. Neither A nor B is correct
Select an option to see the answer and solution.
Which one of the following statement is incorrect?
A. Doubtful advance is an advance which remains NPA for more than 12 months
B. The account remain 'out of order' for a period of more than 100 days, in respect of an Overdraft/Cash Credit (OD/CC)
C. Net NPA is having provisions for bad debts
D. Net NPAs = Gross NPAs - Provision for NPAs
Select an option to see the answer and solution.
Which of the following organisation promotes trade?
A. STC
B. MMTC
C. ECGC
D. All of these
Select an option to see the answer and solution.
Which of the following are the different functions that are performed by the financial markets?
1. Determination of the prices where financial markets help in price discovery of various financial instruments.
2. Mobilization of the funds
3. Providing an opportunity to different investors to buy or sell their respective financial instrument at the fair value that is prevailing in market.
4. Providing the various types of information to traders that help in decision making.
5. The sharing of the risk with investors.
A. 2, 3 and 5
B. 1, 2 and 3
C. 3 and 4
D. 1, 2, 3, 4 and 5
Select an option to see the answer and solution.
Match the items of
List-I with those of
List-II and select the correct option:
List-I
List-II
a. High levered fund
1. Market risk
b. Increase in bank rate
2. Purchasing power risk
c. Inflation
3. Financial risk
d. Political instability
4. Interest rate risk
A. a-3, b-1, c-2, d-4
B. a-1, b-3, c-4, d-2
C. a-3, b-4, c-2, d-1
D. a-2, b-3, c-1, d-4
Select an option to see the answer and solution.