Banking and Financial Institutions MCQs
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Question 1045hard
RBI set up the Agricultural Refinance Corporation (ARC) in 1963 to work as a refinancing agency in providing medium term and long-term agricultural credit to support investment credit needs for agricultural development. In 1975, ARC was renamed as Agriculture Refinance and Development Corporation (ARDC) to give focused attention to credit offtake, development and promotion of the agricultural sector. Ultimately, NABARD was set by RBI in 1982 whose main function is that it:
Question 1046easy
PRAN Stands for:
Question 1047hard
On which one of the following issues can SEBI penalise any company in India?
1. Violation of Banking Regulation Act.
2. Violation of foreign portfolio investment guidelines.
3. For violation of Negotiable Instruments Act.
1. Violation of Banking Regulation Act.
2. Violation of foreign portfolio investment guidelines.
3. For violation of Negotiable Instruments Act.
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Question 1048hard
Consider the following statements.
1. UTI is established by an Act of Parliament in 1964. So, UTI does not come under the SEBI regulations for mutual funds.
2. Mutual fund organisations can invest their mobilised funds abroad.
Which of the statement(s) given above is/are correct?
1. UTI is established by an Act of Parliament in 1964. So, UTI does not come under the SEBI regulations for mutual funds.
2. Mutual fund organisations can invest their mobilised funds abroad.
Which of the statement(s) given above is/are correct?
Question 1049hard
Select the techniques of monetary control adopted by RBI from the following:
1. Cash Reserve Ratio
2. Statutory Liquidity Ratio
3. Bank Rate
4. Foreign Exchange Rate in a full manner
1. Cash Reserve Ratio
2. Statutory Liquidity Ratio
3. Bank Rate
4. Foreign Exchange Rate in a full manner
Question 1050hard
Which among the following is not true with regard to merchant banker?
1. It can accept deposits.
2. It can advance loans.
3. It can do other banking activities.
4. It can be manager to a public issue.
1. It can accept deposits.
2. It can advance loans.
3. It can do other banking activities.
4. It can be manager to a public issue.
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Question 1051hard
Match the items of List-I with the items in List-II and suggest the correct option.
| List-I | List-II |
| a. Interbank call market | 1. Money market |
| b. Commercial Bills | 2. Promissory note |
| c. Commercial paper market | 3. Short-term maturity |
| d. Treasury bills | 4. Government papers |
Question 1052hard
Which of the following are the means of marketing new issues of securities?
1. By listing of securities
2. Through jobbers and brokers
3. By private placing of securities
4. Through privileged subscription
Select the correct answer
1. By listing of securities
2. Through jobbers and brokers
3. By private placing of securities
4. Through privileged subscription
Select the correct answer
Question 1053hard
The committee constituted by SEBI under the Chairmanship of Justice Dr. Dhanuka had which of the following terms of reference?
1. Review of inter-alia, the SEBI Act, SCR Act, Depositories Act and the provisions of the Companies Act pertaining to the capital market.
2. To review, the penal provisions contained in the Sections 15(A) to 15(J) of the Securities Laws (Amendment) Act.
Select the correct answer
1. Review of inter-alia, the SEBI Act, SCR Act, Depositories Act and the provisions of the Companies Act pertaining to the capital market.
2. To review, the penal provisions contained in the Sections 15(A) to 15(J) of the Securities Laws (Amendment) Act.
Select the correct answer