Financial Institutions and Banking - A01

Multiple Choice Multiple Answer

Question
Agricultural Finance Consultancy Ltd(AFC) activities cover :-
Correct Answer
Pre-feasibility studies , Regional /Sectoral planning , Benchmark Surveys


Multiple Choice Multiple Answer
Question
Duties of an International Banking unit cover :-
Correct Answer
Handling foreign currency , Handling Doc. credits , Granting lines of Credit


Select The Blank
Question
One of the objectives of NHB is to augment the ________ resources for the housing sector.
Correct Answer
Financial


Multiple Choice Multiple Answer
Question
The unorganized financial system comprises of :-
Correct Answer
Money lenders , Indigenous bankers , Lending pawn brokers


Multiple Choice Single Answer
Question
The lender of the last resort to the market is the :-
Correct Answer
RBI


Multiple Choice Multiple Answer
Question
Credit Information report is also known as :-
Correct Answer
Credit report , Banker's report , Confidential report


Multiple Choice Single Answer
Question
Certificate of deposit are issued by
Correct Answer
Banks


Multiple Choice Single Answer
Question
A record of the holdings of GOI dated securities of each holder is contained in :-
Correct Answer
SGL pass book



Multiple Choice Single Answer
Question
The organized financial system includes :-
Correct Answer
Commercial banks


Select The Blank
Question
Development financial institutions have been established to cater to ________ of the industrial sector.
Correct Answer
Long term financial needs


Multiple Choice Single Answer
Question
DFHI was incorporated under the :-
Correct Answer
Companies Act, 1956


Select The Blank
Question
The ________ meet the long and medium term credit needs of agriculture.
Correct Answer
Land Development Banks


Multiple Choice Single Answer
Question
Certificate of deposit is a :-
Correct Answer
Usance promissory note


True/False
Question
Amongst others, ICICI also provided long and medium term loans or equity finance.
Correct Answer
TRUE


Multiple Choice Multiple Answer
Question
EXIM Bank provides financial assistance to:-
Correct Answer
Indian Companies , Commercial Banks , Foreign Governments


Multiple Choice Multiple Answer
Question
RBI sells securities through :-
Correct Answer
Auction program , Open market operations , Private placements


Multiple Choice Single Answer
Question
The ultimate source of money in India is:-
Correct Answer
RBI


Multiple Choice Single Answer
Question
Long term debt instruments have a maturity of :-
Correct Answer
Over one year


Multiple Choice Multiple Answer
Question
R B I conducts monetary control by way of O M O in :-
Correct Answer
Treasury bills , State /central Government Securities


True/False
Question
Under open market operation RBI conducts buying /selling shares/debentures of blue chip companies.
Correct Answer
FALSE


Match The Following
Question - Correct Answer
Development financial institutions -  IFCI

Organized sector - Banking System

Unorganized sector - Indigenous banks

Mutual funds - UTI


Select The Blank
Question
The Shipping Credit and Investment Company of India Ltd. has changed its name to ________ effective from October 1992.
Correct Answer SCICI Ltd


Multiple Choice Multiple Answer
Question
A member's IMF Quota determines its :-
Correct Answer
Financial commitment , Voting power , Drawing power


Multiple Choice Single Answer
Question
Development Financial institutions include :-
Correct Answer
State financial institutions


Multiple Choice Single Answer
Question
The unorganized financial system includes :-
Correct Answer
Indigenous bankers


Match The Following
Question - Correct Answer

Fruit Crops, Floriculture, Vegetables - Horticulture

Institutional studies, Dwell Time Studies - Surveys & Studies

Agronomy, Crop Planning, Plant Protection, Farm Inputs - Crop Production

Canals & Rivers, Drip Irrigation - Irrigation & Drainage


Select The Blank
Question
The HDFC was set up in 1977 by the ________.
Correct Answer
ICICI


Multiple Choice Single Answer
Question
Instruments issued by DFIs and Banks carry :-
Correct Answer
Highest credit ratings


Multiple Choice Single Answer
Question
LIC of India was set up in :-
Correct Answer
1956


Select The Blank
Question
Secured Premium Notes are ________.
Correct Answer
Debentures


Multiple Choice Single Answer
Question
PFC is committed to the integrated development of :-
Correct Answer
Power


True/False
Question
Banks issue Guarantees on behalf of their clients.
Correct Answer
TRUE


True/False
Question
Banks authorized to deal in foreign exchange are known as Authorized Dealers.
Correct Answer
FALSE

Multiple Choice Multiple Answer
Question
DFHI was set up with the following objective :-
Correct Answer
To even out imbalances , To provide liquidity , To promote secondary market


Multiple Choice Multiple Answer
Question
NABARD has taken over the entire functions of :-
Correct Answer
ARDC , ACD of RBI , RPCD of RBI


Multiple Choice Multiple Answer
Question
R B I issues currency notes against the security of:-
Correct Answer
Gold bullion , Foreign securities , GOI securities


Select The Blank
Question
The ________ has been accredited by RBI as a Primary Dealer in Government Securities.
Correct Answer
STCI


True/False
Question
The SFCs also borrow from SIDBI & IDBI.
Correct Answer
FALSE


Select The Blank
Question
Legally speaking Pass Through Certificates are ________ and are traceable freely.
Correct Answer
Promissory notes


Select The Blank
Question
DFIs are the second largest issuer of ________ after the Govt and Sovereign bodies.
Correct Answer
Debt instruments


Multiple Choice Multiple Answer
Question
From time to time RBI has issued :-
Correct Answer
Straight coupon bonds , Inflation linked bonds , Zero coupon bonds


True/False
Question
The currency notes issued by RBI are legal tender everywhere in India without any limit.
Correct Answer
TRUE


True/False
Question
HDFC was set up by NHB.
Correct Answer
FALSE


True/False
Question
PFC also provides reform & restructuring related studies.
Correct Answer
TRUE


Select The Blank
Question
The ________ was set up to help corrections in BOP maladjustments.
Correct Answer
IMF


Select The Blank
Question
The CRAFICARD recommended the establishment of ________.
Correct Answer
NABARD


True/False
Question
NIDHIS are Trading Organizations.
Correct Answer
FALSE