Banking And Financial Institutions - Practice Test

[#456] Arrange the events in the ascending order of their occurrence. 1. Allowing convertibility of rupee at the market rate in the current account. 2. Nationalisation of general insurance business. 3. Establishment of IDBI. 4. Nationalisation of life insurance business. 5. Capital adequacy norms for commercial banks.

(A) 4, 3, 2, 1, 5

(B) 5, 4, 3, 2, 1

(C) 1, 2, 3, 5, 4

(D) 1, 5, 2, 4, 3

Correct Answer

(A) 4, 3, 2, 1, 5

[#457] Which one of the following is the main objective of IFCI?

(A) To offer both small and large investors the means of acquiring shares in the widening prosperity resulting from the steady industrial growth of the country

(B) To upgrade technology, modernisation and to promote marketing of products of small scale sector

(C) To serve as the apex institution for term finance for industry with coordination, regulation and supervision of the working of other financial institutions

(D) To provide medium and long-term financial assistance to industrial undertakings, particularly in those circumstances in which banking accommodation is in appropriate or resource to capital market is impracticable

Correct Answer

(D) To provide medium and long-term financial assistance to industrial undertakings, particularly in those circumstances in which banking accommodation is in appropriate or resource to capital market is impracticable

[#458] Which of the following is not provided by EXIM bank, for financing overseas investments?

(A) Term loans to Indian companies upto 80% of their equity investment in overseas JV/WOS

(B) Term loans to Indian companies towards upto 100% of loan extended by them to the overseas JV/WOS

(C) Term loan to overseas JV/WOS towards part financing

(D) Guarantee facility to the overseas JV/WOS for raising term loan/working capital

Correct Answer

(B) Term loans to Indian companies towards upto 100% of loan extended by them to the overseas JV/WOS

[#459] Which one of the following financial institutions coordinates the functions and operations of all the financial institutions into a single integrated financial structure so that each may contribute to the growth of the economy?

(A) IFCI

(B) UTI

(C) IDBI

(D) SIDBI

Correct Answer

(C) IDBI

[#460] Which of the following statement/s is/are correct? 1. Companies reduce pension fund risk by relying on fixed income strategies. 2. The real returns for pension funds are often lower than projections. 3. Corporations try to balance pension costs with staying competitive.

(A) 1 and 2

(B) 3 is correct

(C) 2 is correct

(D) All of the above

Correct Answer

(D) All of the above

Banking And Financial Institutions - Study Mode

Correct Answer

[#457] Which one of the following is the main objective of IFCI?

Correct Answer

[#458] Which of the following is not provided by EXIM bank, for financing overseas investments?

Correct Answer

[#459] Which one of the following financial institutions coordinates the functions and operations of all the financial institutions into a single integrated financial structure so that each may contribute to the growth of the economy?

Correct Answer

[#460] Which of the following statement/s is/are correct? 1. Companies reduce pension fund risk by relying on fixed income strategies. 2. The real returns for pension funds are often lower than projections. 3. Corporations try to balance pension costs with staying competitive.

Correct Answer