Quiz: Indian Financial System

                                        

1. Which of the following cannot be included in the definition of a ‘financial intermediary’?
A. Banks and non-bank finance company
B. Financial Institutions
C. Mutual Fund
D. Companies Engaged in Manufacturing of Goods

2. Which of the following cannot be included in the money market?
a. Call or Notice Money
b. Corporate Securities
c. Certificate of Deposit
d. Treasury Bills

3. Which of the following is a part of the money market?
A. Bonds issued by the govt.
B. Bonds issued by Public Undertaking
C. Term Money
D. Debentures

4. The central bank in India is performing two distinct roles in the context of money market that includes:
A. Monetary control and banking supervision
B. Issue of currency and maintaining of CRR
C. Handing govt. business and maintaining price stability
D. Banking supervision and financial stability

5. Money control is exercised by RBI in India through:
A. Payment System
B. Issue of Currency
C. Cash Reserves and Liquid Reserve Ratios
D. Repo Rate and Reserve Repo Rate

6. The base rate for lending of banks is impacted by RBI by changing?
A. CRR
B. SLR
C. Repo rates and bank rate
D. Guidelines u/s 35A of B R Act

7. Which of the following functions is not coming under functions of central banking authority in India?
A. Supervision over NBFC
B. Supervision over the Foreign Institutional Investors
C. Management of Financial Systems
D. Regulating the Money Market

8. Which of the following is not the function of capital market regulatory
Authority  i.e. SEBI, in India:
A. Regulating of Debt Market
B. Control over the Equity Market
C. Framing the Rules for Pension Funds
D. Supervision over Listed Companies

9. Supervision over the depositors and stock exchanges is the role of?
A. RBI
B. IRDA
C. SEBI
D. PFRDA

10. Which of the following does not match?
A. Regulator of Insurance Market----IRDA
B. Regulator of Capital Market ---SEBI
C. Regulator of Money Market ---RBI
D. Regulator of Forex Market---SEBI

11. Which of the following functions is not carried by IRDA in India?
A. Regulator of Insurance Companies
B. Regulating the Insurance Products
C. Regulation over the Funds Managing Pension
D. Supervision of the General Insurance Market

12. The small companies/ organizations that have been created exclusively to deal in govt. securities are called?
A. NBFCs
B. Mutual Funds
C. Primary Dealers
D. Asset Management Companies

13. Which of the following have been created to provide long term funds for industry or agriculture?
A. Mutual Funds
B Financial Institutions
C. Asset Management Companies
D. Non-banking finance companies.

14. Which of the following functions is not carried out by RBI?
A. Bankers to Govt.
B. Raising Deposits from Public
C. Lender of Last Resort to Banks
D. Management of Govt. Debt

15. The clearing house facilities for payment and delivery of securities is
provided
A.SEBI
B. Stock Exchange
C. Clearing Corporation of India
D. All the above

16. The funds based outside India and authorised by SEBI to invest in Indian equity market through the stock exchange are called:
A. Foreign Institution Investors
B. Overseas Corporate Bodies
C. Non-resident Funds
D. Foreigner Investment Funds

17. The corporate securities are held in electronic from instead of physical with?
A. Registrars
B. Custodians
C. Depositors
D. Mutual Funds

18. Which of the following is the role of mutual funds?
A. To promote unit based scheme to inculcate saving habit
B. Pooling of investor money for investment in capital market and other securities
C. Manage the funds of high net worth individuals
d. All the above

19. Which of the following is not a correct statement?
A. RBI exercises monetary control through CRR and SLR
B. Clearing house at various centers are maintained by SBI
C. IRDA is the regulator of insurance market
D. Rising of money through issue of shares by a company is part of capital market.

20. Urban cooperative banks are controlled by:
A. NABARD
b. Central Govt. and NABARD
C. State Govt. and RBI
D. RBI and NABARD

Answers


1
2
3
4
5
6
7
8
9
10
D
B
C
A
C
C
B
C
C
D
11
12
13
14
15
16
17
18
19
20
C
C
B
B
B
A
C
B
B
C