Banking and Financial Institutions MCQs

In India, used to measure inflation

Reserve Bank of India Act, 1934 prohibits RBI from making or issuing of an expressed to be payable to bearer there of?

What is/are the following differences between private and public limited companies? 1. In a private limited company there is restriction on the number of members, where as no such restriction is applicable on a public limited company. 2. A private limited company can be listed on a stock exchange, where as a public limited company is always listed on a stock exchange. 3. A private limited company cannot issue debentures, whereas a public limited company can issue debentures.

Dividends declared by Unit Trust of India or by mutual fund is:

Consortium lending is a lending facility, defined by a single loan agreement, in which . . . . . . . . participate.

In the Money market which of the following statement's is/are incorrect? 1. The call money market deals in short-term finance repayable on demand, with a maturity period varying from one day to 14 days. 2. Treasury bills are instruments of short-term borrowing by the Government of India, issued as promissory notes under discount. 3. A reduction in the repo rate helps banks to get money at a cheaper rate. 4. Money market mutual funds invest money in specifically, high-quality and very short maturity based money market instruments.

The Securities and Exchange Board of India was not entrusted with the function of

An option which gives the holder the right to sell a stock at a specified price at some time in the future is called a

Banks in India are required to maintain a portion of their demand and time liabilities with the RBI but no interest is paid on that amount. This portion is called: