Description : Which of the following is the only Central Record Keeping Agency (CRA) appointed by the Government of India? A. CIBIL B. SEBI C. NABARD D. SHCIL E. None of the Above
Last Answer : D. SHCIL Explanation: SHCIL is appointed as Central Record-keeping Agency (CRA) and associated with stamp duty collection and not valuation.
Description : Which of the following institutions is responsible for the supervision of RRBs? A. RBI B. SEBI C. NABARD D. GOI E. Both (A) and (C)
Last Answer : E. Both (A) and (C) Explanation: NABARD has been sharing with the Reserve Bank of India certain supervisory functions in respect of cooperative banks and Regional Rural Banks (RRBs).
Description : Credit Rating Agency, SMERA accredited by ________ A. SEBI B. SIDBI C. NABARD D. RBI E. None of these
Last Answer : D. RBI Explanation: The Company has received accreditation from the Reserve Bank of India (RBI) as an External Credit Assessment Institution (ECAI) under BASEL – II norms for undertaking bank loan ratings.
Description : SMERA Ratings Ltd (SMERA) is registered by ______ A. SEBI B. SIDBI C. NABARD D. RBI E. None of these
Last Answer : A. SEBI Explanation: SMERA is registered with the Securities and Exchange Board of India (SEBI) as a Credit Rating Agency.
Description : Which of the following provides license to a credit bureau? A. SEBI B. SIDBI C. NABARD D. RBI E. GOI
Last Answer : D. RBI Explanation: A Credit Bureau is licensed by the RBI.
Description : Which of the following contributed the entire paid-up capital in National Housing Bank(NHB)? A. GOI B. RBI C. SEBI D. NABARD E. None of the Above
Last Answer : B. RBI Explanation: RBI contributed the entire paid-up capital in National Housing Bank(NHB).
Description : NHB is wholly owned by ______ A. GOI B. RBI C. SEBI D. NABARD E. None of the Above
Last Answer : B. RBI Explanation: NHB is wholly owned by Reserve Bank of India.
Description : Who among the following regulates the Indian Corporate Debt Market? A. RBI B. NABARD C. SIDBI D. SEBI E. None of the Above
Last Answer : D. SEBI Explanation: Regulator for the Indian Corporate Debt Market is the Securities and Exchange Board of India (SEBI). SEBI controls bond market and corporate debt market in cases where entities raise money from public through public issues.
Description : Which of the following does not guarantee the repayment of deposits accepted by NBFCs? A. RBI B. GOI C. SEBI D. NABARD E. None of the Above
Last Answer : A. RBI Explanation: RBI does not guarantee the repayment of deposits accepted by NBFCs.
Description : Dalal Street in Mumbai is famous for which of the following? A. NABARD B. Stock Exchange C. RBI D. SEBI
Last Answer : B. Stock Exchange Explanation: The Bombay Stock Exchange (BSE) is located at Dalal Street.
Description : Authorised Collection Center(ACC) is an agent appointed by SHCIL? A. SU-UTI B. GOI C. GIC D. SHCIL E. All of the Above
Last Answer : D. SHCIL Explanation: ACC means Authorised Collection Center (ACC). Its an agent appointed by SHCIL. ACC is the intermediary between the CRA and Stamp Duty payer.
Description : SHCIL was established in 1986 under the Government of India as __________ A. Private Ltd B. Public Ltd C. Limited Liability Partnership D. Unlimited company E. None of the Above
Last Answer : B. Public Ltd Explanation: Stock Holding Corporation of India Limited(SHCIL) was established in 1986 under the Government of India as public limited company.
Description : The Headquarters of SHCIL is located in ___________ A. Hyderabad B. Mumbai C. Chennai D. New Delhi E. None of the Above
Last Answer : B. Mumbai Explanation: The Headquarters of SHCIL is located in Mumbai, Maharashtra.
Description : SHCIL will accept Stamp Duty Payment in ______ only A. US$ B. Euro C. INR D. None of the Above E. All of the Above
Last Answer : C. INR Explanation: SHCIL will accept Stamp Duty Payment in Indian Rupees (INR) only.
Description : Credit Information Bureau India Limited (CIBIL) is India‟s first Credit Information Company (CIC) headquartered at ________ A. Mumbai B. New Delhi C. Noida D. Gurugram E. Hyderabad
Last Answer : A. Mumbai Explanation: Credit Information Bureau (India) Limited (CIBIL) is India‘s first Credit Information Company (CIC) founded in August 2000. CIBIL collects and maintains records of an individual‘s payments pertaining to loans and credit cards.
Description : Which of the following is India‟s first Credit Information Company? A. CRISIL B. CIBIL C. SMERA D. CERSAI E. CARE
Last Answer : B. CIBIL Explanation: TransUnion CIBIL Limited is India s first Credit Information Company, also commonly referred as a Credit Bureau. It collect and maintain records of individuals and ... (CIR) and Credit Score is developed, enabling lenders to evaluate and approve loan applications.
Description : The largest shareholder of a nationalized bank is_______ A. RBI B. Government of India C. NABARD D. All of the Above E. None of the Above
Last Answer : B. Government of India Explanation: Public Sector Banks (PSBs) are banks where a majority stake (i.e. more than 50%) is held by a government.The shares of these banks are listed on stock ... 2011 IDBI bank and in 2014 Bharatiya Mahila Bank were nationalized with a minimum capital of Rs 500 crore.
Description : Where is the worlds largest gold depository?
Last Answer : Federal reserve bank Manhattan
Description : Where is the worlds largest gold depository
Description : With ICICI and BoB sold there shareholding in CIBIL, who has bought their percentage of shares? A) Aditya Birla Trustee Company Private Ltd. B) Indian Overseas Bank C) TransUnion International Inc D) Union Bank of India E) India Infoline Finance Limited
Last Answer : C) TransUnion International Inc Explanation: Earlier the shareholding patterns of CIBIL were TransUnion International Inc (66.1%) ICICI Bank Ltd (6%) Bank of Baroda (5%) Bank of India (5%) Union ... Private Ltd. (4%) India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)
Description : Which of the following has exited the shareholding of CIBIL? A) ICICI and Bank of India B) United Bank of India and Aditya Birla Trustee Company Private Ltd. C) United Bank of India and Bank of Baroda D) ICICI and Bank of Baroda E) Indian Overseas Bank and ICICI
Last Answer : D) ICICI and Bank of Baroda Explanation: ICICI Bank has sold its whole six per cent stake in the company, while Bank of Baroda has sold its whole five per cent holding.
Description : The structure of the registry which will enable quick sharing of information about unstructured borrowers and help banks fight bad loans. The registry is called _______ A. CIBIL B. Fraudelent Borrowers List C. RBI wilful Defaulter List D. Central Fraud Registry E. None of the Above
Last Answer : D. Central Fraud Registry Explanation: The Reserve Bank of India has operationalised a Central Fraud Registry (CFR). The registry will make available more information to banks at the time of starting a ... of an account. The CFR is a centralised searchable database which can be accessed by banks.
Description : Which of the following was the first credit rating agency of India? A. CIBIL B. Equifax C. CRISIL D. ICRA E. Experian
Last Answer : A. CIBIL Explanation: Credit Information Bureau (India) Ltd; CIBIL is India s first Credit Information Company, also commonly referred as a Credit Bureau. We collect and maintain records of ... licensed by the RBI and governed by the Credit Information Companies (Regulation) Act of 2005.
Description : Which of the following is the slogan of CIBIL? A. Empowering Banks B. Empowering Women C. Empowering India D. Empowering you E. None of the Above
Last Answer : D. Empowering you Explanation: Slogan: Empowering you
Description : Which of the following holds majority stake in CIBIL? A. Bank of India B. Bank of Baroda C. United Bank of India D. TransUnion International E. ICICI Bank Ltd
Last Answer : D. TransUnion International Explanation: TransUnion International Inc (66.1%) ICICI Bank Ltd (6)% Bank of Baroda (5)% Bank of India (5)% Union Bank of India (5)% Indian Overseas Bank (5) ... Company Private Ltd. (4)% India Alternatives Private Equity Fund (2.9%) India Infoline Finance Limited (1%)
Description : Which of the following holds minority stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited
Last Answer : E. India Infoline Finance Limited Explanation: India Infoline Finance Limited – 1%
Description : Which of the following holds 4% stake in CIBIL? A. Bank of India B. TransUnion International C. Aditya Birla Trustee Company Private Ltd D. ICICI Bank Ltd E. India Infoline Finance Limited
Last Answer : C. Aditya Birla Trustee Company Private Ltd Explanation: Aditya Birla Trustee Company Private Ltd – 4%
Description : Which of the following is/are technical partners of CIBIL? A. TransUnion International B. Dun and Bradstreet C. SIDBI & PSBs D. Both (A) and (B) E. Both (A) and (C)
Last Answer : D. Both (A) and (B) Explanation: TransUnion International and Dun and Bradstreet are technical partners of CIBIL.
Description : Which of the following plays an important role in the loan approval process? A. Credit Information Report (CIR) B. CIBIL TransUnion Score C. Only A D. Both (A) and (B) E. None of the Above
Last Answer : D. Both (A) and (B) Explanation: The Credit Information Report (CIR) and CIBIL TransUnion Score are very important in the loan approval process.
Description : How many divisions are there in CIBIL? A. one B. Two C. Three D. Four E. None of the Above
Last Answer : B. Two Explanation: It has two divisions : Consumer Bureau and Commercial Bureau
Description : Who amongst the following is the regulator in the financial system of the country? A. Other than those given as options B. SEBI C. CRISIL D. TRAN E. CERC
Last Answer : B. SEBI Explanation: The financial system in India is regulated by independent regulators in the field of banking, insurance, capital market, commodities market, and pension funds. Example of Financial Regulators: RBI, IRDAI, SEBI, PFRDA.
Description : During last five years, which of the following Institutions have extended the largest amount of fresh credit for agriculture in India among all the institutions given in the list ? (A) ... Cooperative Banks (D) Primary Agricultural Credit Societies (E) Regional Rural Banks and Local Area Banks
Last Answer : (E) Regional Rural Banks and Local Area Banks
Description : Under which Act are the KYC norms implemented? A. SEBI Act 1992 B. Foreign Contribution and Regulation Act, 1976 C. Prevention of Money laundering Act 2002 D. Banking Regulation Act, 1949 E. Both (C) and (D)
Last Answer : C. Prevention of Money laundering Act 2002 Explanation: KYC guidelines/instructions are issued under under Prevention of Money laundering Act PMLA, 2002.
Description : SMERA is a joint initiative of _________ A. SIDBI & Leading PSBs B. Dun & Bradstreet Information Services India Private Limited (D&B) & Leading Private Banks C. RBI & SEBI D. Both (A) and (B) E. Both (A) and (C)
Last Answer : D. Both (A) and (B) Explanation: SMERA Ratings Limited (formerly SME Rating Agency of India Ltd.) is a joint initiative of Small Industries Development Bank of India (SIDBI), Dun & Bradstreet Information Services India Private Limited (D&B) and leading public and private sector banks in India.
Description : Which of the following is the clearing agency for Government securities? A. RBI B. GOI C. CCIL D. SEBI E. None of the Above
Last Answer : C. CCIL Explanation: The CCIL is the clearing agency for Government securities. It acts as a Central Counter Party (CCP) for all transactions in Government securities by interposing itself between two counter parties.
Description : Which of the following is a function of SEBI? A. to approve by−laws of stock exchanges. B. inspect the books of accounts of financial intermediaries. C. to require the stock exchange to amend their ... compel certain companies to list their shares in one or more stock exchanges. E. All of the Above
Last Answer : E. All of the Above Explanation: Function of SEBI: To approve by−laws of stock exchanges. Inspect the books of accounts of financial intermediaries. To require the stock exchange to amend their by−laws. Compel certain companies to list their shares in one or more stock exchanges.
Description : Which of the following is the Regulator of the credit rating agencies in India ? A. RBI B. SEBI C. SIDBI D. GOI E. None of the Above
Last Answer : B. SEBI Explanation: The capital market regulator regulates rating agencies in most regions. In India, the capital markets regulator, the Securities and Exchange Board of India (SEBI), regulates the rating agencies in the country.
Description : Which of the following policies is known as Annual Policy Statement? A. Annual budget of central government B. Credit and Monetary Policy of RBI C. Foreign trade policy of DGFT D. Regulations issued by SEBI E. None of the Above
Last Answer : B. Credit and Monetary Policy of RBI Explanation: Credit and Monetary Policy of RBI is known as Annual Policy Statement.
Description : SEBI is a/an ________ A. Constitutional body B. Advisory body C. non-statutory body D. Statutory body E. None of the Above
Last Answer : D. Statutory body Explanation: Initially SEBI was a non statutory body without any statutory power. However, in 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act, 1992.
Description : The Foreign exchange of India is kept with _________ A. SBI B. ECGC C. RBI D. NABARD E. other than those given as options
Last Answer : C. RBI Explanation: Reserve Bank of India accumulates foreign currency reserves by purchasing from authorized dealers in open market operations. Foreign exchange reserves of India act as a cushion against rupee ... Currency Assets (b) Gold (c) SDRs (d) Reserve Tranche Position in the IMF.
Description : The “Stand Up India” is aimed at promoting entrepreneurship among women and scheduled castes and tribes. The bank loans under the scheme shall be referenced to _______ A. SIDBI B. NABARD C. RBI D. MUDRA E. DRDA
Last Answer : A. SIDBI Explanation: The ―Stand up India Scheme‖ is being launched now to promote entrepreneurship among Scheduled Caste/Schedule Tribe and Women for loans in the range of Rs. 10 Lakhs to Rs. 100 Lakhs. The bank loans under the scheme shall be referenced to SIDBI.
Description : SMERA is also em-panelled as an approved rating agency by_______ A. SIDBI B. NABARD C. NSIC D. Both (B) and (C) E. None of these
Last Answer : C. NSIC Explanation: SMERA is also em-panelled as an approved rating agency by the National Small Industries Corporation Ltd. (NSIC) under the ―Performance & Credit Rating Scheme for Small Industries‖, approved by the Ministry of Small Scale Industries, Government of India.
Description : RBI sold its stake in NABARD to the Government of India, which now holds _____ stake A. 65% B. 70% C. 95% D. 99% E. None of the Above
Last Answer : D. 99% Explanation: RBI sold its stake in NABARD to the Government of India, which now holds 99% stake.
Description : NABARD was established on the recommendations of the ______________ A. Public Accounts Committee B. Shivaraman Committee C. Narasimham Committee D. All of the Above E. None of the Above
Last Answer : B. Shivaraman Committee Explanation: NABARD was established on the recommendations of Shivaraman Committee, (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.
Description : Autonomy in clinical studied is defined as a) Freedom, dignity and confidentiality of the subject; right to choose i.e. whether or not to participate in the trial or to continue with ... . d) Observance of fairness, honesty and impartiality in obtaining, analyzing & communicating the data.
Last Answer : a) Freedom, dignity and confidentiality of the subject; right to choose i.e. whether or not to participate in the trial or to continue with it.
Description : Public key encryption method is a system a. which uses a set of public keys one for each participant in e-Commerce b. in which each person who wants to communicate has two keys; a private key known to him ... him. c. which uses the RSA coding system. d. which is a standard for use in e-Commerce.
Last Answer : b. in which each person who wants to communicate has two keys; a private key known to him only and a public key which is publicized to enable others to send message to him.
Description : Banking Code & Standards Board of India(BCSBI) set up by ________ A. SEBI B. Ministry of Finance C. RBI D. GOI
Last Answer : C. RBI Explanation: The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India. The board oversee compliance with the ―Code of Bank‘s Commitment to Customers‖
Description : Treasury bills are issued in India by ______ A. RBI B. State Government C. Government of India D. SEBI
Last Answer : C. Government of India Explanation: Treasury bills (T-bills) offer short-term investment opportunities, generally up to one year. They are thus useful in managing short-term liquidity. At present, the ... , 91-day, 182-day and 364-day. There are no treasury bills issued by State Governments.
Description : Was the Appliance Service Center clandestinely erected to replace the Library at Alexandria as depository for/of world knowledge?
Last Answer : Yes and they are secretly stealing everyones left sock to get everyones DNA to finance the endeavor. Those fiends.
Description : Why are people so freaked out about using Yucca Mountain as a nuclear waster depository? Now that the government has built it, we should make use of it.
Last Answer : Because everyone is scared of nuclear contamination, potential terrorist target, and some idiots - pardon me - fear that somehow it'll turn into a nuclear bomb. Of all of these, nuclear contamination is ... such action. The rest of the world's governments more or less agree or submit to this.