Banking And Financial Institutions - Study Mode

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[#386] Match the following. List-I List-II a. Hawala 1. Clearing of cheques b. RBI 2. Illegal transactions of foreign exchange c. SEBI 3. Regulator body d. Commercial Bank 4. Central Bank

(A) a-1, b-3, c-2, d-4

(B) a-2, b-3, c-4, d-1

(C) a-3, b-2, c-1, d-4

(D) a-1, b-2, c-3, d-4

Correct Answer

(B) a-2, b-3, c-4, d-1

[#387] Which of the following best define an open-funded mutual fund?

(A) It has an option to invest in any kind of security

(B) It has units available for sale and repurchase at all times

(C) It does not have a NAV

(D) It has fixed fund size

Correct Answer

(B) It has units available for sale and repurchase at all times

[#388] Match the following. List-I List-II a. RBI 1. To provide medium and long-term credit to industrial concerns b. ICICI 2. Banker's bank c. IFCI 3. To provide term finance to industry d. IDBI 4. Underwriting institution

(A) a-2, b-3, c-4, d-1

(B) a-2, b-1, c-4, d-3

(C) a-1, b-2, c-4, d-3

(D) a-4, b-3, c-2, d-1

Correct Answer

(B) a-2, b-1, c-4, d-3

[#389] India become a member of world bank-

(A) 1945

(B) 1950

(C) 1975

(D) 1980

Correct Answer

(A) 1945

[#390] How does shadow banking differ from commercial banking? 1. While commercial banks are tightly regulated, shadow banking is not well regulated. 2. Shadow banking cannot create money. 3. While liabilities of commercial banks are insured, shadow banking liabilities are not insured. 4. While commercial banks access to central bank liquidity in the times of distress, shadow banking does not have such resource. Select the correct answer:

(A) 1 only

(B) 1 and 2 only

(C) 2, 3 and 4 only

(D) 1, 2, 3, and 4

Correct Answer

(D) 1, 2, 3, and 4