Banking and Financial Institutions MCQs

Question 1

The holders of which instrument are members of the company and have voting rights?

Accepted Answer

Equity

Answer

Treasury Bill

Answer

Commercial Paper

Answer

Debenture

Question 2

Insurance is listed in the Constitution of India in . . . . . . . . schedule as union list subject.

Accepted Answer

seventh

Answer

eighth

Answer

ninth

Answer

tenth

Question 3

Which of the following term is not used in the world of finance, banking and insurance?

Accepted Answer

Amnesty

Answer

Hard currency

Answer

Devaluation

Answer

Sinking fund

Question 4

Which of the following banks created history in August 2015 by launching India's first Mobile App for Bank Account opening?

Accepted Answer

Federal Bank

Answer

Axis Bank

Answer

South Indian Bank

Answer

HDFC Bank

Question 5

Association of National Exchanges Members of India (ANMI) is a body consisting of:

Accepted Answer

Brokers Operating in the National Exchanges

Answer

Bankers and SEBI

Answer

SEBI and IBA

Answer

Bankers, SEBI, IBA and RBI

Question 6

Interest earned by a depositor against a deposit with a commercial bank for custodial service

Accepted Answer

is a fund based income

Answer

is a fee based income

Answer

is a combination of fund and fee based gain

Answer

is a commitment based gain

Question 7

Which agency regulates and supervises NBFCs?

Accepted Answer

RBI

Answer

Finance Ministry

Answer

SEBI

Answer

Respective state government

Question 8

Which one of the following one is not commercial bank?

Accepted Answer

HDFC

Answer

SBI

Answer

Central Bank of India

Answer

DENA Bank

Question 9

Which among the following is not associated with NABARD? (i) NIEAF (ii) BIRD (iii) RIDF (iv) SHPI

Accepted Answer

None of the above

Answer

(i) only

Answer

(ii) only

Answer

(ii) and (iii) only