Quiznetik

Financial Markets and Institutions | Set 4

1. World bank is also known as........................

Correct : C. IBRD

2. World bank was set up in ........................

Correct : A. 1945

3. IMF commenced financial operation on........................

Correct : C. 1947

4. Which of the following gives long term finance?

Correct : D. All the above

5. Find the odd one out

Correct : B. share certificate

6. The process of managing the sales ledger of a client by a financial service company is called

Correct : B. factoring

7. Mutual funds are very popular in

Correct : A. USA

8. In India, the company which actually deals with the corpus of the mutual fund is called

Correct : C. asset management company

9. The first bank in India to start factoring business is

Correct : B. SBI

10. An asset with a physical value is called

Correct : B. Non financial asset

11. An asset which derives its value because of a contractual claim is

Correct : A. Financial asset

12. Gold is -----------asset

Correct : B. Non financial asset

13. Cash is --------------asset

Correct : A. Financial asset

14. -------------is a whole sale market for short term debt instrument.

Correct : C. money market

15. Money lent in the inter-bank market for 15 days or more is called -----------

Correct : B. Term money

16. Call money is a loan given for a period of

Correct : C. 1 day

17. When money lent for more than a day but up to a fortnight is called

Correct : C. Money at short notice

18. CBLO stands for

Correct : A. Collateralised Borrowing and Lending Obligation

19. The NSDL established in

Correct : A. August 1996

20. In a private placement the maximum number of investors shall not exceed

Correct : B. 49

21. Merchant banks in India started in

Correct : B. 1969

22. Merchant banks concept in India introduced by

Correct : C. ANZ Grindlays

23. SENSEX is the index of

Correct : A. BSE

24. NIFTY is the index of

Correct : B. NSE

25. The first Indian equity index is

Correct : B. Sensex

26. ........... is a product whose value is derived from the value of underlying asset

Correct : D. Derivatives

27. In Indian Capital market, ‘BOLT’ stands for

Correct : B. Bombay Online Trading

28. --------------is also known as “G.Secs”

Correct : C. Govt. Securities

29. .................. are negotiable instrument issued by an overseas depository

Correct : D. Any of the above

30. Perpetual bond is also known as

Correct : B. Irredeemable bond

31. Zero Coupon Bond is also known as

Correct : A. Deep discount bond

32. Secured Premium Notes (SPN) always issued with...........

Correct : C. Detachable Warrant

33. ................ bonds permit the bond holder to invest the interest income again in host bonds

Correct : D. Bunny bonds

34. ...............bonds are high risk and high yield bonds developed in USA

Correct : B. Junk bonds

35. In Capital market, ‘ESOP’ stands for

Correct : C. Employee stock Option Plan

36. In financial market, QIPs Stands for

Correct : C. Qualified Institutional Placement

37. What you mean by “STRIPS”

Correct : C. Separate Trading of Registered Interest and Principal of Securities

38. Gilt Edged Securities are

Correct : A. Govt. Securities

39. In India, forfaiting services are offered by

Correct : C. EXIM bank

40. The small investors’ gateway to enter into big companies is —————

Correct : D. Mutual fund

41. Money Market mutual fund is also known as---------------

Correct : C. Income fund

42. ————— fund invests in highly liquid securities like commercial paper.

Correct : D. MMMF

43. The idea of providing factoring services in India was first thought by —————

Correct : A. Vaghul committee

44. The market for extremely short period loan is called

Correct : A. Call loan market

45. ---------- bills are drawn by contractors on the government departments for the goods supplied by them.

Correct : D. Supply bills

46. ---------- is also known as ‘Industrial Paper”

Correct : D. Commercial paper

47. Demand bills are also known as

Correct : B. Sight bills

48. Usance bills are also known as

Correct : A. Time bills

49. In India, indigenous bills popularly known as

Correct : B. Hundis

50. Which of the following are examples of Hundis in india

Correct : D. All the above

51. Bills drawn and accepted payable after three months are called

Correct : A. Usance bills

52. The market which helps commercial banks to maintain their SLR requirement is

Correct : A. Call loan market

53. Bill Market Scheme in India was introduced in the year

Correct : B. 1952

54. Adhoc T-bills are always issued in favour of--------

Correct : D. RBI

55. The certificate which evidences an unsecured corporate debt of short-term maturity

Correct : B. Commercial paper

56. Major players of Indian money market is

Correct : C. Commercial banks

57. -------- is the suitable method where small companies issue shares

Correct : A. Offer for sale

58. Zero interest bonds are always issued

Correct : B. At discount

59. -------- is a guarantee for marketability of shares

Correct : B. Underwriting

60. Which one of the following is /are not function of NIM

Correct : D. Listing

61. BOLT was introduced by BSE in the year

Correct : B. 1995

62. -------- is a permission to quote securities officially on the trading floor of stock exchange

Correct : D. Listing

63. The number of shares which are less than market lots are called

Correct : B. Odd lot

64. Rolling Settlement system was introduced by SEBI in the year

Correct : B. 1998

65. The facility to carry forward a transaction from one settlement period to another is called --- ------ transaction

Correct : B. Badla

66. The device adopted to make profit out of price differences in two different markets

Correct : D. Arbitrage

67. A person appointed by a stock broker to assist to him in the business of securities trading at trading floor of stock exchanges is

Correct : C. Authorised clerk

68. ------------- is also known as Remisiers and Half-commission man

Correct : A. Sub-broker

69. An order for the purchase of securities at a fixed price is known as

Correct : A. Limit order

70. Speculator who neither buy nor sell securities in the market, but still trade on them are called

Correct : B. Stag

71. The process of holding the entire supply of a particular security with a view to dictating terms is called

Correct : A. Cornering

72. ------------ market deals in unlisted securities

Correct : C. Grey market

73. When purchases of securities are more than sales of securities, the market is called

Correct : A. Bullish

74. When sales of securities are more than purchases of securities, the market is called

Correct : B. Bearish

75. --------- is the charges paid by a bull speculator to the other party for obtaining carry over facility

Correct : B. Contango

76. _______ is a link between savers & borrowers, helps to establish a link between savers & investors

Correct : B. Financial market

77. Which of the following is the function of financial market?

Correct : D. All of the above

78. __________ is the organisations, institutions that provide long term funds.

Correct : A. Capital market

79. When securities are allotted to institutional investors & some selected individuals is referred to as _________.

Correct : C. Private placement

80. Stock exchange is known as __________ market for securities.

Correct : B. Secondary market

81. _________ is a market for lending & borrowing of short term funds.

Correct : A. Money market

82. ____________ is also called zero coupon bond.

Correct : C. Treasury bills

83. Which of the following are the instruments of money market?

Correct : A. Call money

84. The short term financial instruments traded in money market is commonly called

Correct : D. Commercial Paper

85. Which of the following statements is not true with regard to money market?

Correct : B. It is situated at specific locations.

86. Which of the following statements is not true with regard to Treasury bills?

Correct : C. They carry high risk of default.

87. Which of the following statements is not true with regard to Commercial paper?

Correct : A. Is a long-term unsecured promissory note with a fixed maturity period.

88. Which of the following statements is not true with regard to Call money?

Correct : C. There is a direct relationship between call rates and other short-term money market instruments.

89. Which of the following statements is not true with regard to capital market?

Correct : A. The funds are raised for a short period of time.

90. Which of the following statements is not true with regard to primary market?

Correct : A. Is also known as the old issues market.

91. Which of the following statements is not true with regard to stock exchange?

Correct : B. It curbs the marketability of the securities.

92. Which of the following is not a protective function of stock exchange?

Correct : C. Regulation of takeover bids by companies.

93. Raj Enterprises wishes to invest ₹1,10,000 in treasury bills. What is the maximum number of treasury bills it can buy with this fund?

Correct : C. 4

94. Which of the following statements is true with regard to financial markets?

Correct : D. All of the above

95. The allocated function is performed by

Correct : D. All of the above

96. It is a market for short-term funds which deals in monetary assets whose period of maturity is up to one year.

Correct : B. Secondary market

97. It is an instrument of short-term borrowing by the Government of India maturing in less than one year.

Correct : C. Call money

98. Who issues a treasury bill?

Correct : A. Any nationalised bank

99. Suppose an investor purchases a 91 days Treasury bill with a face value of ₹2,00,000 for ₹1,92,000. By holding the bill until the maturity date, the investor receives ₹2,00,000. What is the amount of interest received by him?

Correct : B. ₹80,000

100. It is used as an alternative to bank borrowing for large and creditworthy companies,

Correct : C. Call money