Banking and Financial Institutions MCQs

Which of the following are included in digital payment system?
1. RTGS
2. Demand draft
3. NEFT
4. Cheque
Choose the correct option from the following:

With reference to green bonds in India, consider the following statements:
1. Green bond is a debt instrument issued for renewable as well as non-renewable energy projects.
2. Both public and private sector banks can issue such bonds.
3. It is a low-risk bond as repayment is tied to the issuer rather than success of the project.

Which of the following factors can be counted for smaller number of foreign banks in India?
1. Differentiated banking
2. Public Sector Lending
3. Wholly owned subsidiaries
4. Longer Gestation Period

Match the following items of List-I with the items of List-II and and indicate the correct matching.

List-I (Name of Organisation)	List-II (year of Establishment)
a. IDBI	1. 1956
b. ICICI	2. 1955
c. LIC of India	3. 1990
d. SIDBI	4. 1964

Match List-I with List-II.

List-I (Financial Institutions)	List-II (Regulatory Bodies)
a. Housing Finance Institutions	1. SEBI
b. Merchant Banking, VCF, Broking, Collective Investment Schemes	2. MCA
c. Nidhi Companies, Mutual Benefit Companies	3. State Govts
d. Chit Fund Companies	4. National Housing Bank

Match the items of List I with the items of List II:

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

Match the following.

List-I	List-II
a. State Cooperative Banks	1. Government has a major holdings.
b. Indigenous Banks	2. 50% - 90% of the working capital is contributed by RBI.
c. Public Sector Banks	3. Comes under the ambit of the RBI control.
d. Non-scheduled Banks	4. Operated by seths, sahukars, mahajans, sardars etc.

Match the items of List-I with List-II

List-I	List-II
a. RBI Nationalization	1. 1964
b. Imperial Bank Nationalization	2. 1949
c. Nationalization of 14 Commercial Banks	3. 1955
d. Establishment of IDBI	4. 1969

Which of the following can be described as the important functions of financial system?
1. It enables the pooling of funds for setting up large scale enterprises.
2. It provides a way for managing risk and uncertainry.
3. It provides a mechanism for spatial and temporal transfer of resources.
4. It generates information that helps in coordinating decentralized decision-making.