1. Numerous factoring arrangements are possible if an agreement is reached
between the ………& ……
Correct : A. selling co.& the Factor
2. Domestic factoring include Customers, Client ……..
Correct : A. All of these
3. The word forfeit is derived from …..
Correct : A. French word
4. Forfiet means …………
Correct : A. Surrendered of rights
5. Forfeiter determines ………..risk & risk.
Correct : A. Country & Credit
6. Forfeiting transaction is covered with ………..
Correct : A. Promissory Notes
7. The first rating AGENCY is …………was started in…..
Correct : A. CRISIL, 1988
8. The term ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ refers financial investment in a highly risky and
growth oriented venture with the objective of earning a high rate of return.
Correct : A. Venture capital
9. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is a road towards a high growth economy.
Correct : A. Venture capital
10. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ act as an intermediary to link up the sources of ideas and
the sources of fund.
Correct : A. Venture capital
11. V C Fs of specialized financial institution promoted by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
Correct : A. Central government
12. I D B I , I F C I , I C I C I etc. are promoted by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
Correct : A. V C F s of specialized financial institution
13. Write the example of V C Fs of state financial institution.
Correct : A. K S I D C
14. Which of the following is a V C F promoted by specialized financial
institution.
Correct : C. I D B I venture capital fund
15. Off shore VCFs are promoted by ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ & financial
institution.
Correct : A. Foreign banks
16. High risk is an outstanding feature of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
Correct : B. venture capital
17. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ is needed for developing a product in the initial stages.
Correct : A. Seed capital
18. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ capital is needed for product development and initial
marketing.
Correct : B. Startup capital
19. ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ provided at a stage when product has been launched in the
market but has not earned enough profits to meet future capital needs.
Correct : B. Second round financing
20. ‐‐‐‐‐‐‐‐‐‐‐‐‐ capital is provided for early manufacturing and marketing
expense.
Correct : C. first round financing
21. The additional finance provided by VCFs to overcome fledging stage is
called ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.
Correct : A. Second round financing
22. Indian Commercial Banks are categorized into:
Correct : D. All of the above
23. Regional Rural Banks have been set up with the basic objectives of:
Correct : D. providing credit, deposit and other banking facilities to people in rural
24. _____ is raised in capital markets
Correct : A. Funds through long term securities
25. Interest on Government secu-rities on fixed basis is known as:
Correct : A. Bank rate
26. __ was not nationalized in 1969:
Correct : B. Oriental Bank of commerce
27. In the first round 14 major banks with a liability base of ____ were
nationalized:
Correct : C. 50 crore or more
28. The maximum Statutory Liquidity Ratio to be maintained by banks is_____:
Correct : D. 40%
29. CRR funds are kept by the Banks in ____:
Correct : C. Balance in a special Account with RBI
30. An increase in CRR by RBI leads to:
Correct : D. Decrease in lendable resources
31. When RBI reduce the CRR it results into:
Correct : C. Increase in lendable resources
32. What is meant by development Oriented banking?
Correct : C. Taking up the task of development of the economy by providing support to under privileged sections of the society
33. Principal functions of SIDBI:
Correct : D. All the above
34. ____ heads and conducts the affairs of RBI:
Correct : A. Central Board
35. RBI Provides ____ for meeting day - to - day receipt and expenditure
mismatch to both Central and State Governments.
Correct : B. Ways and Means advance
36. RBI known as lender of last resort because:
Correct : C. It comes to help banks in times of crisis
37. These days RBI uses Selective credit control measures rather infrequently
because of:
Correct : C. Comfortable liquidity
38. Which is incorrect with regard to powers of RBI:
Correct : D. None of the above
39. Intervenes in markets to maintain the external value of the Indian rupee:
Correct : C. RBI
40. Regional Rural Banks were set up on the recommendations of:
Correct : B. Narasimham committee
41. Committee, launched the process of reforms of financial system in India:
Correct : C. Narasimham committee
42. Which of the following can be categories as a Merchant Banking service?
Correct : C. Managing mergers
43. The instrument which provides proprietary interest in company and
which entitles a person to dividend on profits, is called?
Correct : B. Share
44. Which of the following provides proper definition of a Mutual Funds?
Correct : D. All the above
45. Which of the following organisations/agencies works solely to monitor
and arrange flow of agriculture credit in India?
Correct : A. NABARD
46. The currency notes of which of the following denominations are not
printed in India ?
Correct : D. Rs. 2500
47. Which of the following is not the name of a bank functioning in India?
Correct : C. Aegon Religare
48. When banks accept a fixed sum of money from an individual for a definite
term and pay on maturity with interest, the deposit is known as :
Correct : A. Term Deposit
49. Who amongst the following is the chief of SEBI?
Correct : B. UK Sinha
50. Which of the following is a leading electronic-payment tec-hnology firm?
Correct : A. Visa
51. The basic function of…………are to accept to deposits, lend money and act
as collection and paying agents.
Correct : A. Banks
52. The RBI was nationalized by the Reserve Bank (amendment ) …………...
Correct : A. Act 1948
53. The baking system was……….during the early 90’s which led to greater
competition and higher Production.
Correct : A. Liberalized
54. The baking sector is the most important part of the……….and it promotes
economic development of the country.
Correct : A. financial system
55. The…………..has economic significance and social purpose.
Correct : A. Insurance industry
56. The……… are financial intermediate that collect and invest large
amount of premiums.
Correct : A. Insurance Companies
57. The 1st life insurance company namely………. was establishment in
Kolkata in 1818
Correct : A. oriental life insurance co
58. The commercial banking system in India consists………….&………….
Correct : A. Scheduled & Unscheduled Banks
59. ………..banks are considered as the heart of our financial structure that
makes the completely utilization of the resources of the nation.
Correct : A. financial system
60. ………….banks are known as local area banks.
Correct : A. Uncheduled banks
61. …………….these banks are controlled by the Government.
Correct : A. Public Sector Banks
62. ………………banks are registered as companies with limited liability.
Correct : A. Private Sector Banks
63. …………… banks were establishment mainly due to the development of trade
with our countries.
Correct : A. Foreign Banks
64. …………… banks are involved with financing of foreign trade and activities.
Correct : A. Foreign Banks
65. …………… banks aims to increase the flow of credit and availability of
banking facilities to Rural areas and to the poorer section of the rural population.
Correct : A. Regional Rural Banks
66. The basic ideamovement is that poor people should come together and
develop banking habits within small means.
Correct : A. Cooperative
67. …………..banks act as catalytic agents in promoting balanced development of
the country.
Correct : A. Development Banks
68. ………… means indemnity or protection against risk of loss by spreading the risk over a number of a person, who are exposed to it and who is agree to insure themselves against risk.
Correct : A. Insurance
69. The LIC was Establishment on……………..
Correct : A. 1st Sep 1956
70. …………….banks can borrow from the Reserve Bank of India based on the eligible securities or get the financial assistance in times of need by rediscounting bills of Exchange.
Correct : A. Scheduled Banks
71. The first bank to set up a separate merchant banking division in India.
Correct : A. Punjab national bank
72. As a discipline to be one of the most important element in the business
world where money is almost everything.
Correct : A. Accounting
73. Budgeting requires eliminating redundant expenditure that no longer serves
any clearly defined purpose.
Correct : A. Zero based
74. The second approach in the application of Zero-based Budgeting (ZBB) is to
identify and remove duplication or expenditure.
Correct : A. Multiplication
75. A system of zero-based budgeting was first introduced formally in the
United States Department of Agriculture in preparing its budget.
Correct : A. Fiscal year
76. Zero-based budgeting was introduced for the first time in a government
system by …………………..
Correct : A. Jimmy Carter
77. A decision package includes…………..justification for budget estimates of an
activity.
Correct : A. Comprehensive
78. A main factor contributing to the failure of zero-based budgeting has been
due to too much of……………..involved in the procedure.
Correct : A. Paper work
79. ………………. manpower is a hard task for management.
Correct : A. Re-Deploying
80. Situation of resource crunch when demands for desirable expenditure are
far ………………….. the available resources.
Correct : A. out stripping
81. Zero-based budgeting is an approach to budgeting that begins from the principle that………………. or activities Should be factored into the plans for the coming budget period.
Correct : A. no cost
82. Zero-based budgeting first came out in …………..
Correct : A. 1960
83. The ‘………….. ’ is a term associated with ZBB, and refers to an analysis of
each discrete activity, according to cost and purpose.
Correct : A. Decision Package
84. The key benefit is that serves to concentrate attention on the……………
Correct : A. Zero based budgeting
85. ZBB can offer a number of advantages when it is applied …………..
Correct : A. intelligently
86. The basic process of zero-based budgeting is to justify budget requests for every , regardless of prior period budgets.
Correct : A. Budgeting cycle
87. Zero-based budgeting addresses such problems that can take place with
……………. rolling budgets.
Correct : A. Conventional
88. …………… accounting is a financial reporting process which records the
results of inflation on the financial statement that a firm prepare and published at the end of the financial year.
Correct : A. Inflation
89. One of the most significant and basic principle of the accounting process is
called as the …………..Principle.
Correct : A. measuring Unit
90. Inflation accounting as already stated is also called as the …………..
accounting.
Correct : A. Price Level Accounting
91. The impact of inflation comes in the form of rising prices of…………….. and
Assets.
Correct : A. Output
92. ————— includes all activities involved in the transformation of savings into
investment.
Correct : B. Financial service
93. Underwriting of shares by a financial intermediary is a kind of ————— activity.
Correct : B. Fund based
94. ————— services are mainly provided to foreign investors.
Correct : A. Custodial services
95. Term lending institutions are ————— market intermediaries.
Correct : C. Capital market
96. The minimum net worth for the first category of merchant banker is Rs. —————
Correct : C. 1crore
97. A merchant banker can claim a charge —————% as the commission for the whole
issue.
Correct : D. 0.5
98. ————— fund invests in highly liquid securities like commercial paper.
Correct : D. Money market mutual fund
99. The company which sets up a mutual fund is called —————
Correct : B. Sponsor
100. The small investors’ gateway to enter into big companies is —————