Banking and Financial Institutions MCQs

Question 1

Expand the term ALM as used in banking/finance sector:

Accepted Answer

Asset Liability Management

Answer

Asset Liability Mismatch

Answer

Asset Liability Maturity

Answer

Asset Liability Manpower

Question 2

The institution which provides long term loans for big industrial projects is called:

Accepted Answer

Development Bank

Answer

Investment Bank

Answer

Exchange Bank

Answer

Mortgage Bank

Question 3

FDI beyond 49%, but upto 74% in private banking sector of India is allowed through

Accepted Answer

automatic route

Answer

government route

Answer

Both A and B

Answer

None of these

Question 4

Which of the following is not a liability of a commercial bank?

Accepted Answer

Balance deposits with the central bank and other banks

Answer

Share capital

Answer

Reserve fund

Answer

Bill to be paid

Question 5

Scheduled banks are

Accepted Answer

Included in the II schedule of RBI

Answer

Nationalised

Answer

Included in the IV schedule of RBI

Answer

None of these

Question 6

Which bank is a specialized financial institution for financing, facilitating and promoting foreign trade of India?

Accepted Answer

EXIM Bank

Answer

ICICI

Answer

IDBI

Answer

NABARD

Question 7

The increase in foreign investment limit in the banking sector to 74%includes portfolio investment.

Accepted Answer

Private placement

Answer

Foreign Institutional Investors (FIIs)

Answer

Non-Resident Indians (NRIs)

Answer

All of the above

Question 8

When was the State Bank of India established

Accepted Answer

1955

Answer

1935

Answer

1949

Answer

1956

Question 9

SIDBI is an apex financial institution

Accepted Answer

For Small and medium enterprises

Answer

For agriculture sector

Answer

For cottage industries

Answer

For Macro level enterprises