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Sample Questions and Answers. Multiple Choice. Question 1. Which of the following instruments is used by public to directly lend to the Government? (a) Bank Deposits (b) Public Provident Fund (c) T-Bills (d) Certificates of Deposit. Question 2.
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Sample Questions and Answers Multiple Choice
Question 1 • Which of the following instruments is used by public to directly lend to the Government? • (a) Bank Deposits • (b) Public Provident Fund • (c) T-Bills • (d) Certificates of Deposit
Question 2 • Inter-bank term money refers to borrowing among banks for • (a) Overnight • (b) Two days • (b) More than 14 days • (c) Less than 14 days
Question 3 • Certificates of Deposits have to be of a minimum value of • (a) Rupees 1 lakh • (b) Rupees 10 lakh • (c) Rupees 25 lakh • (d) Rupees 1 crore
Question 4 • Commercial paper can be issued • (a) By all corporates • (b)By all corporates with net worth of at least Rs. 10 crores • (c) By all corporates with net worth of at least Rs. 5 crores • (d) Can be issued only by banks
Question 5 • Commercial Bills market is a part of • (a) Organised money market • (b) Unorganised money market • (c) Stock market • (d) None of the above
Question 6 • Which of the following statements is not true? • (a) Call money market deals with overnight loans • (b) As special cases, few FIs like LIC, UTI can borrow in the call money market • (c) Call loans are made on a ‘clean’ basis • (d) Is a part of organised money market
Question 7 • A scheduled commercial bank is one: • (a) Which is included in the Second Schedule of the RBI Act 1934 • (b) Which is included in the Banking Regulation Act, 1949 • (c) Both (a) and (b) • (d) None of the above
Question 8 • Indigenous bankers are regulated by • (a) Reserve Bank of India • (b) Ministry of Finance • (c) Registrar of Co-operative Societies • (d) None of the above
Question 9 • What is approximately the population size served by a branch currently? • (a) 15,000 • (b) 25,000 • (c) 35,000 • (d) 65,000
Question 10 • What is the current SLR requirements of banks? • 40% of the deposits • 25% of the deposits • 31% of the deposits • 28% of the deposits
Question 11 • What is the CRR effective from August 4, 2007? • 5.5% • 6.0% • 6.5% • 7.0%
Question 12 • What is the stipulated share of the priority sector in the net bank credit? • 35% • 20% • 40% • 45%
Question 13 • Mutual funds are regulated by • (a) Association of Mutual Funds of India (AMFI) • (b) Securities and Exchange Board of India (SEBI) • (c) Reserve Bank of India • (d) None of the above
Question 14 • A growth fund is • (a) One in which the money is invested in equities • (b) One in which the money is invested in government bonds • (c) One in which the money is invested equally in equity and bonds • (d) Money is invested only in money market instruments
Question 15 • ARCIL is an example of • (a) A financial institution • (b) A mutual fund • (c) An asset management company set up to acquire NPAs of banks • (d) A discount and financing house