Financial Regulatroy Framework (305)

20 Questions | Total Attempts: 54

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Financial Regulatroy Framework (305)

Online Internal TestbyDr Tanaji Chavan


Questions and Answers
  • 1. 
    Which among the following body authorizes the credit limit to the National Co-operative Marketing Federation? 
    • A. 

      RBI

    • B. 

      Department of Agriculture

    • C. 

      NABARD

    • D. 

      Department of Finance

  • 2. 
    Mutual funds are regulated in India by which among the following? 
    • A. 

      RBI

    • B. 

      SEBI

    • C. 

      Stock exchanges

    • D. 

      RBI and SEBI both

  • 3. 
    Which of the following NBFC converted itself into a commercial Bank? 
    • A. 

      Kotak Mahindra

    • B. 

      Birla Mutual

    • C. 

      Reliance Capital Trust

    • D. 

      Tata Finance

  • 4. 
    The working of SEBI includes— 
    • A. 

      All of these

    • B. 

      To regulate the dealings of share market

    • C. 

      To check the foul dealings in share market

    • D. 

      To control the inside trading of shares

  • 5. 
    Reserve Bank of India was nationalised on 
    • A. 

      1 January, 1949

    • B. 

      21 May, 1948

    • C. 

      12 October, 1951

    • D. 

      13 July, 1951

  • 6. 
    Which of the following are likely to lead to international financial crises? 
    • A. 

      International business

    • B. 

      Exchange rate profit and large international long-term lending.

    • C. 

      Waves of over lending and over borrowing.

    • D. 

      High rate of oil price

  • 7. 
    It is claimed that the global financial crisis starting in 2007 was partially caused by poor regulation of the world financial system. A major problem with regulation of financial institutions is: 
    • A. 

      The variety of different national regulatory systems.

    • B. 

      The Basel II Framework has been too effective.

    • C. 

      Banks have provided regulators with too much information on their activities.

    • D. 

      Regulators were well informed about the new financial products created by financial institutions.

  • 8. 
    RBI regulates the interest rates on 
    • A. 

      Interest rates on loans given to exporters

    • B. 

      Savings deposits

    • C. 

      FCNR

    • D. 

      Current account

  • 9. 
    Who among the following, is outside the regulatory control of RBI? 
    • A. 

      Multilateral development banks

    • B. 

      Currency Management

    • C. 

      Urban cooperative banks

    • D. 

      SIDBI, NHB and EXIM bank

  • 10. 
    Which of the following has not fully implemented core banking solution yet? 
    • A. 

      Urban cooperative banks

    • B. 

      Regional rural banks

    • C. 

      Scheduled commercial banks

    • D. 

      Infrastructure Finance Companies

  • 11. 
    Which of the following is an example of NBFC? 
    • A. 

      B. Infrastructure Debt Fund

    • B. 

      A. Infrastructure Finance Companies,

    • C. 

      Both A and B

    • D. 

      Reserve funds company

  • 12. 
    The bank which refinances the loans given to the poor and weaker sections to construct or buy houses is 
    • A. 

      NHB

    • B. 

      SIDBI

    • C. 

      IDBI

    • D. 

      IIBI

  • 13. 
    Bancassurance is 
    • A. 

      A composite financial service offering both bank and insurance product

    • B. 

      An insurance scheme to insure bank deposits

    • C. 

      An insurance scheme exclusively for the employee of banks

    • D. 

      A bank deposit scheme exclusively for employees of insurance companies

  • 14. 
    Which one of the following is not a function of RBI: 
    • A. 

      Opening Savings Accounts for general public

    • B. 

      Decide Bank Rate, CRR and SLR from time to time

    • C. 

      Currency Management

    • D. 

      Prescribe the Capital Adequacy Ratio

  • 15. 
    Which one of the following cannot be called an anti-inflationary measure 
    • A. 

      Purchase of Securities in the Open Markets

    • B. 

      Rationing of the Credit

    • C. 

      Raising the Reserve Ratio Requirements

    • D. 

      Raising the Bank Rates

  • 16. 
    Which of the following is the purpose of introducing 'Know Your Customer' norms by the bank? 
    • A. 

      To ensure that money deposited in the banks has come from genuine sources.

    • B. 

      To bring more people under the banking net.

    • C. 

      Identify the people who do not pay Income Tax.

    • D. 

      To ensure whether the money deposited in the bank is of an Indian or a foreign national.

  • 17. 
    Which among the following is an instrument of monetary policy used by the RBI? 
    • A. 

      CRR

    • B. 

      PLR

    • C. 

      BPLR

    • D. 

      Base Rate

  • 18. 
    SEBI is a 
    • A. 

      Statutory body

    • B. 

      Constitutional body

    • C. 

      Advisory body

    • D. 

      Non-statutory body

  • 19. 
    Correct Statement about NPS? 
    • A. 

      PFRDA, a statutory body, is responsible for implementation of NPS.

    • B. 

      Initially it was meant for employees in central service and armed forces.

    • C. 

      Only nationalized banks can work as fund managers of NPS.

    • D. 

      For developmental purpose

  • 20. 
    Regional Rural Banks are classified as 
    • A. 

      Scheduled commercial banks

    • B. 

      Subsidiaries of the sponsor banks

    • C. 

      Subsidiaries of NABARD

    • D. 

      Subsidiaries of RBI

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