MCQ Financial Regulatory Framework
MCQ Financial Regulatory Framework
2. When did the National Bank of Agriculture and Rural Development establish?
a) July, 1982
b) July, 1969
c) June, 1951
d) June, 1961
a) May, 2008
b) June, 2008
c) August, 2008
d) March, 2009
a) July, 1982
b) July, 1988
c) April, 1980
d) March, 1971
5. Who works as RBI's agent at places where it has no office of its own?
9. According to which guidelines did the Government pick up the entire SBI shares
held by the RBI?
12. Which among the following is the act of taking on a risk for a fee?
a) Guidewire
b) Initial Public Offering
c) Predictive analytics
d) Underwriting
13. Which among the following is called the rate of interest charged by RBI for lending
money to various commercial banks by rediscounting of the bills in India?
a) Bank Rate
b) Discount Window
c) Monetary Policy
d) Overnight Rate
14. Which of the following are to be followed by Commercial Banks for risk
management?
a) Basel II norms
b) Basel III norms
c) Basel I norms
d) Solvency II norms
16. Which one of the following is the rate at which the RBI lends money to commercial
banks in the event of any shortfall of funds?
a) Agriculture
b) Retail Business
c) Small Scale Industries
d) All of the above
27. __________ policy refers to policy measure taken by RBI to control & regulate
money supply
a) Credit
b) Monetary
c) Fiscal
d) Financial
28. When RBI is the lender of last resort what does it mean?
a) RBI advances necessary credit against eligible securities
b) Commercial banks give funds to RBI
c) RBI advances money to public whenever there is an emergency
d) All of the above
a) Bank Rate
b) Repo Rate
c) Bank Rate minus 2%
d) Zero %
34. Which one of the following Banks in India had started the special promotional and
developmental activities to meet the twin objectives of balanced regional development
and accelerated industrial growth in the country?
a) SIDBI
b) IDBI
c) SFCs
d) IFCs
35. Which one of the following development Financial Institutions in India has started the
special refinance scheme for the resettlement and rehabilitation of Voluntary Retired
workers of the National Textile Corporation (NIC)?
a) IDBI
b) SIDBI
c) ICICI
d) None of these
Only 1
b)
Only 2
c)
Both 1 and 2
d)
Neither 1 nor 2
37. The National Housing Bank (NHB) was set up in India as a wholly-owned subsidiary of
a) Reserve Bank of India
b) State Bank of India
c) ICICI Bank
d) None of the above
38. Open market operations, one of the measures taken by RBI in order to control credit
expansion in the economy, means
39. The performance of which scheme does the National Housing Bank monitor?
a. Liberalized Finance Scheme
b. Golden Jubilee Rural Housing Finance Scheme
c. Energy Efficient Housing Finance Scheme
d. Finance scheme for indirect loans
40. Which one among the following formulates the fiscal policy in India ?
1. Planning Commission
2. Finance Commission
3. The Reserve Bank of India
4. Ministry of Finance
41. Legislation gives which body the power to specify a code of conduct for surveyors and
loss assessors?
a) Institute of Insurance and Risk Management.
b) Insurance Regulatory and Development Authority.
c) Life Insurance Council.
d) Securities and Exchange Board of India.
42. What are the functions of IRDA?
44. Depositary receipts that are traded in an international market other than the United States
are referred to as
a. Global depositary receipts
b. International depositary receipts.
c. Open market depositary receipts.
d. None of the above.
46. Which of the following does not constitute a benefit of DRs for the issuer?
a. Offer a new avenue for raising equity capital.
b. Broaden and diversify a companys investor base.
c. Enhance a companys visibility and status.
d. None of the above.
47. ADRs that do not qualify or are not intended to be listed on stock exchanges are referred
to as
a. Level 1 ADRs.
b. Level 2 ADRs.
c. Level 3 ADRs.
d. None of the above.
49. Which of the following is not associated with the risk involved in ADRs?
a. Political risk.
b. Exchange rate risk.
c. Inflationary risk.
d. None of the above.
50. Level 1 is the most basic type of ADR where the foreign company
a. Wishes its ADR to be listed on the U.S. exchanges alone.
b. Does not wish its ADR to be listed on an exchange.
c. Does not wish its ADR to be listed on an U.S. exchange.
d. Wishes its ADR to be listed on any exchange around the world.
e. Wishes its ADR to be listed on any exchange other than U.S. exchanges.