Banking and Financial Institutions MCQs

Public Sector Banks mostly face the issue of non-performing assets. To tide over such situation, which of the following concepts should be used?

Match List-I from List-II. List-I List-II a. Life insurance 1. Used to avoid fire related risks b. Simple insurance 2. Harvest insurance, aircraft insurance etc c. Fire insurance 3. It is an insurance that is done for the protection of life d. Marine insurance 4. Insurance to be done to avoid marine risks

Who are professionals who offer independent advice on financial matters to their clients and recommend suitable financial products or products that are traded and settled like financial products?

Which of the following public sector banks in November 2011, froze its lending to the power sector?

Match the following. List-I List-II a. RBI nationalisation 1. 1964 b. Imperial bank nationalisation 2. 1949 c. Nationalisation of 14 commercial banks 3. 1955 d. Establishment of lDBI 4. 1969

Head Quarters of IMF is situated in . . . . . . . .

Identify the correct combination of statements with regard to banking in India. 1. For many years the presidency banks had acted as quasi-central banks. 2. The Bank of Hindustan was liquidated during 1829-32. 3. General Bank of India was an unsuccessful bank and was dissolved in 1791. 4. Bank of Calcutta was renamed as Bank of Bengal in 1921.

Select the correct statements: 1. Sensex is based on 50 of the most important stocks available on the Bombay Stock Exchange (BSE) 2. For calculating the Sensex, all the Sensex stocks are assigned proportional weightage 3. Sensex became operational in 1978-79 with the base value of 100

Which one of the following statement is incorrect?