Indian Banking and Financial System GK online MCQ practice set

Q21. — are drawn by contractors on the Govt. departments for the goods supplied to them

A. treasury bills
B. supply bill
C. bill of lading
D. documentary bill

Q22. The bill which doesn’t require acceptance is called—

A. treasury bills
B. supply bill
C. bill of lading
D. documentary bill

Q23. — are an important instrument of short term borrowing by the Govt.

A. National saving certificate
B. Bonds
C. Treasury bill
D. Any of the above

Q24. — is a market for bankers’ acceptances

A. discount market
B. CDs market
C. Interbank participation market
D. Acceptance market

Q25. Accommodation bills are also known as — bills

A. kite bills
B. wind bills
C. supply bill
D. both a & b

Q26. Adhoc treasury bills are issued in favour of the — only

A. Treasury
B. RBI
C. Commercial banks
D. State government

Q27. — are short term deposits of specific maturity similar to fixed deposits.

A. commercial paper
B. Interbank participation certificate
C. Repo
D. Certificate of deposit

Q28. — is an unsecured short term promissory note issued by creditworthy companies?

A. commercial paper
B. interbank participation certificate
C. Repo
D. Certificate of deposit

Q29. Discount and Finance House of India was set up in—

A. 1982
B. 1988
C. 1992
D. 1969

Q30. Discount and Finance House of India was set up in pursuance of the recommendations of—Committee

A. Malegam
B. Malhotra
C. Vaghul
D. Narasimham

Q31. — has been set up mainly to provide a secondary market in Govt. Securities

A. DHFI
B. OTCEI
C. STCI
D. NSDL

Q32. Right shares are offered to—

A. Debenture holders
B. Existing shareholders
C. List 2 contributories
D. Liquidators

Q33. — is the suitable method where small companies issue shares

A. public issue
B. placement
C. offer for sale
D. none of these

Q34. — is a process of admitting securities for trading on a recognised stock exchange.

A. registration
B. filing
C. listing
D. admission

Q35. — is a preferential independent broker who deals in securities on his own behalf.

A. Jobber
B. sub broker
C. Remisiers
D. Arbitragers

Q36. The facility to carry forward a transaction from one settlement period to another is known as — transaction

A. Badla
B. arbitrage
C. cornering
D. trading inside

Q37. The device adopted to make profit out of the differences in prices of a security in to different markets is called—

A. cornering
B. prise rigging
C. arbitrage
D. margin trading

Q38. The central depositary — the security on behalf of the investors

A. hold
B. transfer
C. both a & b above
D. none of these

Q39. — of shares in the first step in the depository process

A. Registration
B. Listing
C. Rematting
D. Immobilisation

Q40. . — is the link between the depository and the owner

A. Agent
B. Depository participant
C. Beneficiary
D. Broker