Banking and Financial Institutions MCQs

Question 1

Open Market operations are part of

Accepted Answer

Credit policy

Answer

Income policy

Answer

Fiscal policy

Answer

Labour policy

Question 2

Which option gives the holder the right, but not the obligation to buy an asset by a certain date for a certain price?

Accepted Answer

Call

Answer

Put

Answer

ITM

Answer

OTM

Question 3

Prospectus issued by a company is to be vetted and approved by the SEBI. This, however, does not mean that

Accepted Answer

project proposal has been presented in conformity with its guidelines

Answer

disclosures are adequate as per it guidelines

Answer

disclosures are adequate to take an informed decision by investors

Answer

project proposal is sound or satisfactory

Question 4

Annual report on currency and finance is published by

Accepted Answer

RBI

Answer

SIDBI

Answer

Ministry of Finance

Answer

None of these

Question 5

Which of the following is not included in government securities:

Accepted Answer

Debentures

Answer

Promissory Notes

Answer

Bearer Bonds

Answer

All of these

Question 6

Which one of the following does not belong to the main products of life insurance?

Accepted Answer

Personal accident insurance

Answer

Term

Answer

Whole life

Answer

Endownment

Question 7

Which of the following form is designed to be used by many different insurers and has exactly the same provisions?

Accepted Answer

Standard policy form

Answer

Guaranteed replacement form

Answer

Standard insurance form

Answer

Standard endorsement form

Question 8

Normally the general budget of the country is presented in the parliament by

Accepted Answer

Finance Minister

Answer

Prime Minister

Answer

Chairperson

Answer

President

Question 9

Imperial Bank was established on 27th January, 1921 on the advice of:

Accepted Answer

J. M. Keynes

Answer

Lord Illingworth

Answer

King George V

Answer

Winston Churchill