On which one of the following issues can SEBI penalise any company in India?
A. Only 2
B. Only 1 and 2
C. All 1, 2 and 3
D. Only 1
Select an option to see the answer and solution.
Certificate in respect of an SSI unit is given by:
A. RBI
B. Chamber of Commerce
C. District Industries Centre
D. None of these
Select an option to see the answer and solution.
Pledge means:
A. advance against goods
B. hypothecation of goods
C. bailment of goods as security for payment of a debt or performance of a promise
D. open limits
Select an option to see the answer and solution.
When RBI reduces Statutory Liquidity Ratio by 50 or 100 basis points, which of the following should be outcome?
A. India's GDP growth rate increases drastically
B. Foreign Institutional Investors may bring more capital in to our country
C. Scheduled Commercial Banks may cut their lending rates
D. It may drastically reduce the liquidity to the banking system
Select an option to see the answer and solution.
The fraudulent and unfair trade practices relating to securities market regulation in 2953 was passed to prohibit:
A. insider trading practices
B. brokers from illegal trading
C. foreign institutional investors in the market
D. manipulation of prices and misleading statements
Select an option to see the answer and solution.
A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:
A. note caution and will advise the payee to contact purchaser of the draft
B. not act on the request
C. stop payment
D. None of the above
Select an option to see the answer and solution.
Which of the following is not a feature of OTCEI?
A. Quick transfer and disposal system
B. Nationalized computerized networking
C. Ringless trading system
D. Fragmentation of regional stock exchanges
Select an option to see the answer and solution.
How schemes such as 'Mahatma Gandhi National Rural Employment Guarantee Scheme' could have stirred up inflationary pressure?
A. By increasing demand
B. By increasing rural wage
C. Both A and B
D. None of the above
Select an option to see the answer and solution.
Commercial Papers are secured by:
A. floating charge on stocks
B. unsecured loans
C. fixed assets
D. book-debts
Select an option to see the answer and solution.
Banks generally prefer to extend finances to registered firms only, because:
A. banks will have priority over creditors in case of liquidation of the firm
B. the firm can sue the debtors in case of default on their part
C. banks can sue the firm in case of default
D. the creditors can sue the firm
Select an option to see the answer and solution.
Match the items of
List-I with those
List-II and select correct answer:
List-I List-II
a. Narasimham Committee
1. Lending under consortium arrangement
b. Shetty Committee
2. Frauds and Malpractices in banks
c. Ghosh Committee
3. Securities operations of banks and financial institutions
d. Janakiraman
4. Financial system in India Committee
A. a-3, b-1, c-2, d-4
B. a-2, b-3, c-4, d-1
C. a-4, b-2, c-1, d-3
D. a-3, b-1, c-4, d-2
Select an option to see the answer and solution.
Bank of banks in India is
A. State Bank of India
B. Reserve Bank of India
C. Central Bank of India
D. None of these
Select an option to see the answer and solution.
"Money is what money does." Who said this?
A. Walker
B. Robertson
C. Crowther
D. Paul Einzig
Select an option to see the answer and solution.
Which of the following is not automatically helped by Financial inclusion?
A. 1 and 2
B. 1 and 3
C. 2 and 3
D. None of above
Select an option to see the answer and solution.
Which of the following is an independent professional appointed by an insurance company to assess the loss or damage when a claim is notified under a policy issued by them?
A. Surveyors
B. Loss assessors
C. Brokers
D. Underwriter
Select an option to see the answer and solution.
Under Section of the Income Tax Act can be claimed for APY2
A. 80 C
B. 80CCD (1A)
C. 80CCD (18)
D. None of the above
Select an option to see the answer and solution.
With a view to encourage newer classes of entrepreneurs and bringing about wider dispersal of ownership and control of industrial undertakings, IDBI operates a special scheme for supplementing the equity contribution to projects made by small and new entrepreneurs, This scheme is known as:
A. Bridge Loan Scheme
B. Soft Loan Scheme for Modernization
C. Technical Development Fund Scheme
D. Seed Capital Assistance Scheme
Select an option to see the answer and solution.
One of the major challenges, banking industry is facing these days is money laundering. Which of the following acts/norms are launched by the banks to prevent money laundering in general?
A. Know Your Customer Norms
B. Banking Regulation Act
C. Negotiable Instrument Act
D. None of the above
Select an option to see the answer and solution.
Which of the following is indicated by security sigma that is linked with the security computed as at the end of the previous trading day?
A. weighted mean
B. volatility
C. impact cost
D. none of the above
Select an option to see the answer and solution.
The profitability of public-sector banks is low due to
A. (i) and (ii)
B. (i) and (iv)
C. (i), (iii) and (iv)
D. (ii) and (iii)
Select an option to see the answer and solution.
