Money Market

1. ___money is a government-issued currency that is not backed by a commodity such as gold. 1. Dear Money 2. Near Money 3. Fiat Money 4. Hot money 5. Cheap money 2. Cheque, Bank notes, draft are example of __ money 1. Fiduciary Money 2. Near Money 3. Fiat Money 4. Hot money 5. Cheap … Read more

Capital Market

1. The expenditure made on education, training and health is called: 1. Capital formation 2. Human capital 3. Technical progress 4. Health formation 5. None of the above 2. Under which of the following ECGC comes? 1. EXIM Bank 2. Ministry of Commerce and Industry 3. Director General Foreign Trade 4. RBI 5. SEBI 3. … Read more

Miscellaneous Terms used in Banking Sector

1. Recently, the US and the European commission has excluded several Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system to counter Russia’s war over Ukraine. Which statement is true regarding SWIFT? (i)It was established in 1975. (ii)It is headquartered in La Hulpe, Belgium. (iii)It consists of 8-11 characters. (iv)Only banks … Read more

Risks in Banking Sector

1. Tangible net worth is calculated as: 1. Capital+Reserves-Fictitious assets and Intangible assets 2. Capital+reserves 3. Capital+Reserves- Intangible assets 4. Capital+Reserves+Fictitious assets – Intangible assets 5. None of the above 2. Rearrange the Steps in RMF in the correct order (ascending order). 1) Authorization of Information System 2)Assessment of Security Controls 3)Categorization of Information Systems. … Read more

Banking and NBFC Ombudsman

1. The complaint by the Banking Ombudsman should be made __ 1. Oral 2. Writing 3. Both a and b 4. either a or b 5. None of the above 2. Under which of the following circumstances Banking Ombudsman may be filed for Para Banking Activities. 1. improper, unsuitable sale of third party financial products … Read more

Financial Schemes of the Govt

1. Mark the correct statements regarding “Pradhan Mantri Matsya Sampada Yojana”. (A) Pradhan Mantri Matsya Sampada Yojana was launched by PM Narendra Modi on 10 September 2020. (B) The scheme will be implemented at an estimated cost of Rs. 20,050 crores within a period of 10 years from the fiscal year 2020-21 to the fiscal … Read more

Mutual Funds

1. A fund that is basically an index fund that trades like a closed-end fund is called? 1. Internal -traded fund 2. Exchange-traded fund 3. External traded fund 4. exchange-trading fund 5. None of these 2. An investment company that will repurchase shares at any time is called a(n) _____ fund? 1. Semi close -end … Read more

Shares and Debentures

1. ‘Zero-Coupon Rate Debentures’ are known as- 1. These debentures are such debentures within which all details comprising addresses, names and particulars of holding of the debenture holders are filed in a register kept by the enterprise. 2. They do not have a particular charge on the assets of the enterprise 3. These debentures are … Read more

NPAs & Sarfaesi

1. Under the provisions of SARAESI Act 2002 a charge on the moveable property in favor of secured without delivery of possession to the creditor is known as: 1. Mortgage 2. Assignment 3. Lien 4. Hypothecation 5. None of the above 2. Under the process of securitization, the non-liquid financial assets (NPA) are converted into … Read more