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 : The policy that deals with the tax and expenditure policies of the Government is called – (1) Monetary Policy (2) Fiscal Policy (3) Credit Policy (4) Budgetary Policy
Last Answer : (2) Fiscal Policy Explanation: In economics and political science, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The ... are government taxation and changes in the level and composition of taxation and government spending.
Description : The process by which the central bank of a country controls the supply of money in the economy by exercising its control over interest rates in order to maintain price stability and achieve high economic ... A. Economic Policy B. Monetary Policy C. Fiscal Policy D. Credit Policy E. Budgetary Policy
Last Answer : B. Monetary Policy Explanation: Monetary Policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control over ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.
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 : 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 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 one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank
Last Answer : (3) Controlling government spending Explanation: A central bank, reserve bank, or monetary authority is a public institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.
Description : Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank
Last Answer : Controlling government spending
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 : The capital issues of public limited companies are subject to guidelines issued by– (A) Reserve Bank of India (B) Central Government (C) Central Bank of India (D) Securities & Exchange Board of India (SEBI)
Last Answer : Answer: Securities amp; Exchange Board of India (SEBI)
Description : In monetary terminology, what is called the 'monetary base' or 'high powered money'? a) the total assets of RBI b) the total liability of RBI c) the total debt of the government d) the total foreign exchange of RBI
Last Answer : b) the total liability of RBI This includes the currency (notes and coins in circulation and vault cash of commercial banks) along with the deposits held by the Government of India ad commercial banks with RBI.
Description : Custom duty is an instrument of - (1) Monetary Policy (2) Foreign Trade Policy (3) Industrial Policy (4) Fiscal Policy
Last Answer : (2) Foreign Trade Policy Explanation: Custom duty is a tax on imports imposed on an ad valorem basis, i.e, fixed in the form of a percentage on the value of the commodity imported.
Description : Custom duty is an instrument of (1) Monetary Policy (2) Foreign Trade Policy (3) Industrial Policy (4) Fiscal Policy
Last Answer : Foreign Trade Policy
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 : 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 : 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 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 : 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 : he annual record for all the monetary transactions of a country with other countries of the world is known as - (1) Balance of trade (2) Balance of monetary-receipts (3) Balance of payments (4) Balance Sheet
Last Answer : (3) Balance of payments Explanation: Balance of payments (BoP) accounts arc an accounting record of all monetary transactions between a country and the rest of the world. These transactions include ... and are prepared in a single currency, typically the domestic currency for the country concerned.
Description : The annual record for all the monetary transactions of a country with other countries of the world is known as (1) Balance of trade (2) Balance of monetary-receipts (3) Balance of payments (4) Balance Sheet
Last Answer : Balance of payments
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 : The Finance Commission – (1) draws up Five Year Plans (2) formulates Monetary Policy (3) recommends pay revision of Central Government Employees (4) adjudicates on the sharing of resources between Centre and the States
Last Answer : (4) adjudicates on the sharing of resources between Centre and the States Explanation: Functions of the Finance Commission can ne explicitly stated as : (1) Distribution of net procee of taxes ... of the States so as to provide additional resources to Panchayats and Municipalities in the state.
Description : The monetary policy is India is formulated by - (1) Central Government (2) Industrial Financial Corporation of India (3) Reserve Bank of India (4) Industrial Development Bank of India
Last Answer : (3) Reserve Bank of India Explanation: Monetary policy is the process by which monetary authority of a country, generally a central bank controls the supply of money in the economy by exercising its control ... Bank of India (RBI). is so designed as to maintain the price stability in the economy.
Description : The monetary policy is India is formulated by (1) Central Government (2) Industrial Financial Corporation of India (3) Reserve Bank of India (4) Industrial Development Bank of India
Last Answer : Reserve Bank of India
Description : According to RBI Regulations, which of the following are allowed to set up small finance banks? A. NBFC B. MFI C. LAB D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: The firms must have a capital of Rs.100 crore.Existing non-banking financial companies (NBFC), micro-finance institutions (MFI) and local area banks (LAB) are allowed to set up small finance banks.
Description : Which of the following is not one of the primary concerns in the Finance Department? a. Acquiring the capital needed for company activities. b. Establishing a dividend policy that maximizes the ... structure of the firm, its relationship between debt and equity. e. Deciding promo and sales budget
Last Answer : e. Deciding promo and sales budget
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 : The Monetary Authority in India, viz Reserve Bank of India is bound to maintain a reserve against the notes issued, Whatever may be the mount. This system is called as __________ A. Minimum Reserve ... Reserve System C. Maximum Fiduciary Issue system D. Simple deposit system E. None of the Above
Last Answer : A. Minimum Reserve System Explanation: The RBI follows a minimum reserve system in the note issue. Initially, it used to keep 40 per cent of gold reserves in its total assets.
Description : Which of the following apex body and regulators has asked banks to swap customer related information so that the frauds and defaults may be prevented in future? (A) Bombay Stock Exchange (BSE) (B) Indian Banks ... (IBA) (C) Securities Exchange Board of India (SEBI) (D) Reserve Bank of India (RBI)
Last Answer : Answer: Reserve Bank of India (RBI)
Description : Scheduled Banks have to be registered with - (1) SEBI (2) RBI (3) Finance Ministry (4) SBI
Last Answer : (2) RBI Explanation: The scheduled primary (urban) cooperative banks are required to maintain with the Reserve Bank of India an average daily balance, the amount of which should not be less than 5 per ... least 3 per cent of their total demand and time liabilities in India on clay-to-day basis.
Description : Capital Market Regulator is: (1) NSE (2) RBI (3) SEBI (4) IRDA
Last Answer : (3) SEBI Explanation: Capital Market Regulator is the Securities and Exchange Board of India (SEBI).
Description : The Stock Exchanges in India are regulated by 1. RBI 2. SEBI 3. SBI 4. IDBI 5. None of these
Last Answer : SEBI
Description : Membership of ________ can be taken by an individual, Registered Partnership Firm, Corporate or bank. a. SEBI b. RBI c. MSEI
Last Answer : c. MSEI
Description : The maximum load that a fund can exchange is determined by ________ a. SEBI b. RBI c. AMFI
Last Answer : a. SEBI
Description : ________was constituted to protect the interests of investors in securities and to promote the development of and to regulate the securities market through appropriate measures. a. RBI b. SEBI c. BSE
Last Answer : b. SEBI
Description : After declaration dividends are paid to the shareholders as per the provision of A. Indian Companies Act B. RBI Act C. SEBI Act D. Indian Contract Act
Last Answer : C. SEBI Act
Description : Scheduled Banks have to be registered with (1) SEBI (2) RBI (3) Finance Ministry (4) SBI
Last Answer : RBI
Description : What is/are the characteristics of Hot Money ? A. The term is used for fresh currency notes issued by RBI B. It is the fund which inflows in the market to take advantage of high interest rates C. It ... in the market to create imbalance in the stock markets D. All of the Above E. None of the Above
Last Answer : B. It is the fund which inflows in the market to take advantage of high interest rates Explanation: Hot money is currency that moves regularly, and quickly, between financial markets so investors ensure they are getting the highest short-term interest rates available.
Description : What records a country's transactions (made by individuals, firms and government bodies.) with the rest of the world? a) Trade deficit b) Capital Budget c) Foreign imports d) Balance of Payments or BoP
Last Answer : b) other things remaining equal
Description : Under the SEBI (Share Based Employee Benefits) Regulations, 2014, appreciation means the difference between the ______________. a) market price of the share of a company on the date of exercise of stock ... a company on the date of exercise of share appreciation right (SAR) and the SAR price.
Last Answer : market price of the share of a company on the date of exercise of stock appreciation right (SAR) or vesting of SAR, as the case may be, and the SAR price.
Description : Variation in Cash Reserve Ratio and Open Market Operations are instruments of (1) Budgetary policy (2) Trade policy (3) Fiscal policy (4) Monetary policy
Last Answer : (4) Monetary policy Explanation: Bank Rate Policy, open market operations and variation of Cash Reserve Ratios, etc. are instruments of monetary policy. With the help of these instruments, the ... money, often targeting a rate of interest for the purpose of promoting economic growth and stability.
Description : The 'Interest Rate Policy' is a component of - (1) Fiscal Policy (2) Monetary Policy (3) Trade Policy (4) Direct Control
Last Answer : (2) Monetary Policy Explanation: Monetary policy is the process by which the monetary authority of a country controls the supply of money, often targeting a rate of interest for the ... . Monetary authorities in different nations have differing levels of control of economy-wide interest rates.
Last Answer : Monetary policy
Description : The ‘Interest Rate Policy’ is a component of (1) Fiscal Policy (2) Monetary Policy (3) Trade Policy (4) Direct Control
Last Answer : Monetary Policy