Solved Question Paper for Banking and Finance

Select The Blank
Question The term ________ refers to the act of a bank extending finance to the seller against a letter of credit.
Correct Answer Negotiation
Your Answer Negotiation

Multiple Choice Multiple Answer
Question Soft Loan Scheme for modernisation is provided by :-
Correct Answer IFCI , ICICI , SIDBI
Your Answer IFCI , ICICI
Match The Following
Question Correct Answer Your Answer

Charitable Trusts Rajiv Gandhi Foundation Rajiv Gandhi Foundation

PSU MTNL ,SAIL, KRC MTNL ,SAIL, KRC

Mutual Funds UTI ,ICICI Prudential UTI ,ICICI Prudential

Statutory Trusts Port Trust Port Trust

True/False
Question Under MIGA the World bank offers various forms of Political Insurance.
Correct Answer True
Your Answer True
Multiple Choice Single Answer
Question Commercial Papers are issued by :-
Correct Answer Corporates
Your Answer Corporates
Question Investment on a monthly basis and repayment on due date is made in :-
Correct Answer Recurring deposit
Your Answer Recurring deposit
True/False
Question Issuance of CD attracts reserve requirements.
Correct Answer False

True/False
Question
State loans are much less liquid than GOI Securities.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
IDBI was delinked from RBI and it became autonomous in the year :-
Correct Answer
1976
Your Answer
1976
Question
One of the leading All India FI is :-
Correct Answer
SIDBI
Your Answer
SIDBI
Multiple Choice Single Answer
Question
The largest member of the IMF is the :-
Correct Answer
U.S.A.
Multiple Choice Single Answer
Question
The foreign currency account maintained by an authorised dealer with its correspondent abroad is :-
Correct Answer
Nostro Account
Your Answer
Nostro Account
Select The Blank
Question
As a banker to the Government, RBI accepts Government deposits at ________% interest.
Correct Answer
0
Your Answer
0
Multiple Choice Single Answer
Question
The word ' Tranche ' is a French word which means :-
Correct Answer
A Slice
Your Answer
A Pit
Multiple Choice Single Answer
Question
Size of the Quota depended upon :-
Correct Answer
GNP
Your Answer
GNP
Match The Following
Question
Correct Answer
Your Answer
Small Savings
Chit Funds
Chit Funds
Gen.Insurance
NICo of India Ltd.
NICo of India Ltd.
Life Insurance
LIC of India Ltd
LIC of India Ltd
Mutual fund
UTI
UTI
True/False
Question
CPs have to be compulsorily rated.
Correct Answer
True
Your Answer
True
Multiple Choice Single Answer
Question
If the Bank allows a finance of Rs 95 against a Bill of Rs 100 the difference of Rs. 5 is known as the :-
Correct Answer
Discount
Your Answer
Discount
Multiple Choice Multiple Answer
Question
IIBI (formerly known as IRBI )undertakes :-
Correct Answer
Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services
Your Answer
Merchant Banking activities , Lease or hire purchase finance , Consultancy & managerial services
Select The Blank
Question
The loans under________ are based on Poverty Reduction Strategy Paper.
Correct Answer
PRGF
Your Answer
PRGF
Multiple Choice Multiple Answer
Question
Functions of a Bank's H.O. include:-
Correct Answer
Liaison with RBI , Evolve Policies , Vigilance & Control
Your Answer
Liaison with RBI , Evolve Policies , Vigilance & Control
Multiple Choice Single Answer
Question
DICGC also provides :-
Correct Answer
Security to deposits
Your Answer
Guarantee to borrowers
Match The Following
Question
Correct Answer
Your Answer
Insurance of all employees of a Firm
Group Insurance
Auto Finance
Premium Throughout Life
Whole Life
Group Insurance
Fixed Period Insurance
Endowment
Endowment
Insurance of ocean Cargo
Marine Insurance
Marine Insurance
True/False
Question
A Cheque is a Negotiable Instrument.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer

Question
Which one of the following is not a deposit account?

Correct Answer
Cash Credit account

Your Answer
Cash Certificate

Select The Blank

Question
The ________ does not collect Savings from the Public.

Correct Answer
NIICO Ltd.

Your Answer
NIICO Ltd.

Multiple Choice Single Answer

Question
IMF articles were amended in 1978 to legalise the :-

Correct Answer
Floating exchange rates

Your Answer
Floating exchange rates

Select The Blank

Question
________ is merely an asset created out of book entries.

Correct Answer
SDR

Your Answer
SDR

Question
Correct Answer
Your Answer

Regional Rural Bank
Thane Gramin Bank
Thane Gramin Bank

Public Sector Bank
Indian Bank
Saraswat Coop Bank Ltd.

Private Sector Bank
Bank of Rajasthan Ltd
Indian Bank

Foreign Bank
CITI BANK
Bank of Rajasthan Ltd

Select The Blank

Question
Syndication of Loans Globally does not involve any funds as it is ________ activity.

Correct Answer
Non-fund based

Your Answer
Fund based

True/False

Question
Issuance of CD attracts reserve requirements.

Correct Answer
False

Your Answer
True

Select The Blank

Question
The repayment holiday period is also known as ________ period.

Correct Answer
Moratorium

Your Answer
Moratorium

Multiple Choice Single Answer

Question
Zero Coupon Bonds are issued at a :-

Correct Answer
Discount to face value

Your Answer
Discount to maturity value

Multiple Choice Multiple Answer

Question
DICGC does not insure the deposits :-

Correct Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government

Your Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government

Multiple Choice Multiple Answer

Question
DICGC does not insure the deposits :-

Correct Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government

Your Answer
Of foreign Governments , Of State Cooperative Banks , Of the Central Government

Match The Following

Question
Correct Answer
Your Answer

Small Savings
Chit Funds
Chit Funds

Gen.Insurance
NICo of India Ltd.
NICo of India Ltd.

Life Insurance
LIC of India Ltd
LIC of India Ltd

Mutual fund
UTI
UTI

Multiple Choice Single Answer

Question
Which one of the following is a Cooperative Bank?

Correct Answer
COSMOS BANK

Your Answer
COSMOS BANK

Multiple Choice Single Answer

Question
Liabilities of Insurance Cos are mostly :-

Correct Answer
Long term

Your Answer
Long term

Select The Blank

Question
GIC raises funds to meet claims from ________.

Correct Answer
Premium collected

Your Answer
Premium collected

True/False

Question
Issuance of CD attracts reserve requirements.

Correct Answer
False

Your Answer
True
Multiple Choice Single Answer
Question Investment on a monthly basis and repayment on due date
is made in :-
Correct Answer Recurring deposit
Your Answer Term deposit account
Multiple Choice Single Answer
Question A current account where the customer can withdraw more
than the balance is :-
Correct Answer Overdraft
Multiple Choice Single Answer
Question SIDBI commenced its operations from :-
Correct Answer April 2,1990
Your Answer April 2,1990

Match The Following
Question Correct Answer Your Answer

NABARD Rural Development Rural Development

AFC Ltd Consultancy Consultancy

HUDCO Housing Housing

NCDC Development of Cooperatives Development of Cooperatives