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1. Which is the first Indian company to be listed in NASDAQ ?
1) Reliance
2) TCS
3) HCL
4) Infosys
5) None of these
2. Which of the following cannot be called as a Debt Instrument as referred in Financial Transactions?
1) Certificate of Deposits
2) Bonds
3) Stocks
4) Commercial Papers
5) Loans
3. ____________ is the money which includes token coin or any other physical tokens like certificates that can be
readily exchanged for a fixed amount or quantity of commodity like gold.
1) Commercial Bank Money
2) Representative Money
3) Commodity Money
4) Fiat Money
5) None of these
4. The Concept of ‘Universal Banking’ was implemented in India on the recommendations of
1) Abid Hussai Committee
2) R H Khan Committee
3) S Padmanabhan Committee
4) Y H Malegam Committee
5) None of these
5. When more than one bank is allowing credit facilities to one party in coordination with each other under a formal arrangement, the arrangement is generally known as___________.
1) Consortium
2) Syndication
3) Multiple Banking
4) Participation
5) None of these
6. Which Investment are safer than Post Office Schemes as that are covered by the Deposit Insurance and CreditGuarantee Corporation (DICGC) of India?
1) Fixed Deposit
2) Demand Deposit
3) Flexi-Fixed Deposit
4) Either (1) or (3)
5) All of the Above
7. What is the maximum period for which a Term Deposit can be normally opened?
1) 8 years
2) 7 years
3) 9 years
4) 10 years
5) None of these
8. ATMs set up, owned and operated by Non-Banks are called ______ .
1) White Label ATMs
2) Brown Label ATMs
3) Green Label ATMs
4) Yellow Label ATMs
5) None of these
9. CGTMSE stands for ______
1) Credit Guarantee Fund Trust for Medium Size Enterprises
2) Central Government Fund Trust for Medium Size Enterprises
3) Credit Guarantee Fund Transfer for Medium Size Enterprises
4) Central Government Fund Transfer for Medium Size Enterprises
5) None of these
10. A form of currency in which the value of the currency comes from the material of which it is made is called _____
1) Commercial Bank Money
2) Representative Money
3) Commodity Money
4) Fiat Money
5) None of these
Answers:
1. 4
2. 3
3. 2
4. 2
5. 1
6. 1
7. 4
8. 1
9. 1
10. 3
