Banking and Financial Institutions MCQs

A Company undergoing the process of Initial Public Offering has to file a Draft Red Herring Prospects with SEBI through an eligible merchant banker prior to filling a prospect with the registrar of Companies.
What kind of information does this document should it provide?
1. Financial details about the company
2. Price and size of offerings
3. Products details
4. Objects of raising money
Select the above correct statements.

Which of the following pairs are correct?
1. Shyamala Gopinath: Discontinue Kisan Vikas Parra
2. S. S. Tarapore: Discontinue Capital Account convertibility
3. H. R. Khan: Utilize unclaimed deposits from PPF & Post offices, for Senior citizens welfare.

Match the following.

List-I	List-II
a. Selective credit control	1. Consumer credit recusation
b. Encourage credit for desirable use	2. Cash reserve
c. Quantitative credit control	3. Variation in margin
d. Bank rate	4. Rediscounting rate

Which of the following statement/s is/are correct regarding payments banks?
1. Payments banks can accept deposits up to Rs. 5 lakhs under savings and current accounts.
2. Payments banks can issue both credit and debit cards.

Which of the following correctly describes, what the Bancassurance is
1. It is an arrangement where by the branches of a bank sell/distribute insurance products of an insurance company.
2. It is a new product developed/launched by the banks in which the risks of the high value customers are covered for any losses to their property and/or lives through an insurance cover.
3. It is a new product launched by the banks by which they are providing insurance cover to exporters/importers for the losses, if any due to high fluctuations in the exchange rates of dollars and other major currencies.
Select the correct answer

NSE has implemented . . . . . . . . in compulsory rolling settlement with effect from 2^nd July, 2001.

Which combination of the following is correct with regard to World Trade Organization (WTO) :
1. WTO initiates peace process among the member countries to enhance international trade.
2. WTO avoids the task of "Settlement of Disputes" among the member countries.
3. WTO administers the "Trade Review Mechanism".
4. WTO cooperates in an appropriate manner with the IMF and the World Bank.

Consider the following statements regarding mutual funds.
1. Mutual funds can participate in options trading and carrying forward transactions in securities.
2. Mutual funds can invest in transferable securities in the money and capital markets.
Which of the statement(s) given above is/are correct?

Arrange the following in correct order according to the year of establishment and occurrence of the event.
1. Establishment of Regional Rural Bank.
2. Establishment of Reserve Bank of India.
3. Nationalisation of 6 Commercial Banks.
4. Nationalisation of 14 major Commercial Banks.