Description : The “in-principle” approval for setting up „small finance banks‟ granted by RBI will be valid for ______ A. 12 Months B. 24 Months C. 10 Months D. 18 Months E. None of the Above.
Last Answer : D. 18 Months Explanation: The ―in-principle‖ approval granted will be valid for 18 months to enable the applicants to comply with the requirements under the Guidelines and fulfil other conditions as may be stipulated by the RBI.
Description : ______ percentage of Foreign share holding will be allowed in small finance banks as per the rules for FDI in private banks in India A. 64% B. 74% C. 61% D. 50% E. None of the Above
Last Answer : B. 74% Explanation: Foreign share holding will be allowed in these banks as per the rules for FDI in private banks in India. Foreign shareholding capped at 74% of paid capital.
Description : The small finance banks will be licensed under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above
Last Answer : B. Section 22 Explanation: The small finance banks will be licensed under Section 22 of the Banking Regulation Act, 1949.
Description : Which of the following is an investment advisory discipline? A. Corporate Industrial Finance B. Offshare Banking C. Wholesale Banking D. Wealth Management E. Trade Finance
Last Answer : D. Wealth Management Explanation: Wealth management as an investment-advisory discipline incorporates financial planning, investment portfolio management and a number of aggregated financial services ... retail banking, estate planning, legal resources, tax professionals and investment management.
Description : Which of the following is an apex institution in the field of Industrial Finance? A. Industrial Reconstruction Bank of India B. Industrial Finance Corporation of India C. Industrial Development Bank of India D. Industrial Credit & Investment Corporation of India
Last Answer : C. Industrial Development Bank of India Explanation: IDBI is the apex financial institution and besides providing financial assistance on consortium basis, the major function of coordination between the ... , transport generation and distribution of power etc. both in private and public sectors.
Description : NBFCs include ______ A. loan company B. investment company C. asset finance company D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: NBFCs include a loan company, an investment company, asset finance company (i.e. a company conducting the business of equipment leasing or hire purchase finance) and Residuary Non-Banking Companies.
Description : Which of the following can be provided by small finance banks A. Mutual Funds B. Insurance Products C. Third Party financial products D. All of the Above E. None of the Above
Last Answer : D. All of the Above Explanation: Small finance banks can distribute mutual funds, insurance products and other simple third-party financial products.
Description : An external advisory committee headed by _______ evaluated the license applications for small finance banks. A. NR Madhawan Menon B. Usha Thorat C. Nachiket Mor D. Y.H. Melagam E. None of the Above
Last Answer : B. Usha Thorat Explanation: An external advisory committee headed by Usha Thorat evaluated the license applications for small finance banks.
Description : Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above
Last Answer : A. 100 crore Explanation: Minimum paid-up capital of small finance banks is Rs.100 crore.
Description : Reserve Bank of India gave provisional licences to _______ entities to launch small finance banks. A. 10 B. 11 C. 12 D. 13 E. None of the Above
Last Answer : A. 10 Explanation: Reserve Bank of India gave provisional licences to 10 entities out of 72 applicants to launch small finance banks. The selected applicants are: Au Financiers (Jaipur), ... Micro Finance (Navi Mumbai), Ujjivan Financial Services (Bengaluru) and Utkarsh Micro Finance (Varanasi).
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 service(s) is/are available in small finance banks? A. Providing loans B. Acceptance of deposits C. Setting up of Subsidiaries D. Both (A) and (B) E. None of the Above
Last Answer : D. Both (A) and (B) Explanation: Banks with a small finance bank license can provide basic banking service of acceptance of deposits and lending.
Description : Jayant Sinha, minister of state for finance reported how many willful defaulters owing Rs 66,190 crore to state-owned banks as of December 2015? A) 6719 B) 7128 C) 5275 D) 7686 E) None of these
Last Answer : D) 7686 Explanation: Sinha also said that the total outstanding amount in top 100 non-performing accounts (NPAs) with public sector banks (PSBs) was Rs 1.73 lakh crore as of December 2015. Willful ... December 2015 while the amount involved more than doubled to Rs 66,190 crore from Rs 27,749 crore.
Description : A very large loan extended by a group of small banks to a single borrower is known as ______ A. Secured loan B. Syndicated loan C. Non-Recourse loan D. No Documentation loan
Last Answer : B. Syndicated loan Explanation: A syndicated loan is a loan offered by a group of lenders (called a syndicate) who work together to provide funds for a single borrower. The borrower could be a ... government). The loan may involve fixed amounts, a credit line, or a combination of the two.
Description : ______ Banks help to revive (cure) sick industrial units. a. Public b. Merchant c. All
Last Answer : b. Merchant
Description : Which of the following international organization is going to invest Rs 60 crore in Aadhar Housing Finance? A) International Monetary Fund B) International Finance Corporation C) Asian Development Bank D) World Bank E) European Investment Bank
Last Answer : B) International Finance Corporation Explanation: The World Bank s private sector funding arm International Finance Corporation (IFC) and Wadhawan Global Capital Pvt Ltd are going to raise their ... between them to help the housing loan provider to lower income families double its business.
Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.
Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank
Description : A collection of non-bank financial intermediaries that provide services similar to traditional commercial banks is known as _________ A. Off-shore Banking B. Investment Banking System C. Shadow Banking System D. Conventional Banking E. Merchant Banking System
Last Answer : C. Shadow Banking System Explanation: A shadow banking system refers to the financial intermediaries involved in facilitating the creation of credit across the global financial system but ... oversight. The shadow banking system also refers to unregulated activities by regulated institutions.
Description : Which of the following comes under the category of Development Banks? A. Industrial Development Banks B. Agricultural Development Banks C. Housing Development Banks D. Export-Import Development Banks E. All of the Above
Last Answer : E. All of the Above Explanation:
Description : Which allows banks and other financial institution to auction residential or commercial properties to recover loans? A. Industrial Disputes Act 1947 B. Foreign Exchange Management Act, 1999 C. Banking Regulation Act, 1949 D. SARFAESI Act, 2002 E. None of the Above
Last Answer : D. SARFAESI Act, 2002 Explanation: The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (also known as the SARFAESI Act) is an ... allows banks and other financial institution to auction residential or commercial properties to recover loans.
Description : The banks will be licensed as payments banks under ______ of the Banking Regulation Act, 1949. A. Section 21 B. Section 22 C. Section 23 D. Section 24 E. None of the Above
Last Answer : B. Section 22 Explanation: The payment banks will be licensed as payments banks under Section 22 of the Banking Regulation Act, 1949 and will be registered as public limited company under the Companies Act, 2013.
Description : Companies with this strategy state their vision as follows: Low priced products for the whole industry, our brands offer solid value. Our primary stakeholders and bondholders, customers, stockholders and ... Strategy with a Product Life Cycle Focus d. Broad Cost Leader e. Broad Differentiatio
Last Answer : d. Broad Cost Leader
Description : This strategy will allow us to maintain a presence in every market segment. Competitive advantage will be gained by distinguishing our product with an excellent design, high awareness, and easy ... Cycle Focus d. Differentiation Strategy with a Product Life Cycle Focus e. Broad Differentiation
Last Answer : e. Broad Differentiation
Description : This strategy will allow us to maintain a presence in every market segment. Competitive advantage will be gained by keeping R&D costs, Production costs and raw material costs to a minimum, ... Life Cycle Focus d. Differentiation Strategy with a Product Life Cycle Focus e. Broad Differentiation
Last Answer : a. Broad Cost Leader
Description : When an agent asks a customer to invest in a Mutual Fund product without telling him/her about the risks involved in the investment, the process is termed as ______ A. Mis-selling B. Undertaking C. Misappropriation of Funds D. cross selling E. None of the Above
Last Answer : A. Mis-selling Explanation: The act of selling something that is not suitable for the person who buys it.
Description : Which of the following types of company will have the lowest level of investment in working capital to finance? A. Water suppliers B. Supermarkets C. Chemical manufacturers D. Ship builders E. Car
Last Answer : B. Supermarkets
Description : Do you think the word "refudiate" just might find a niche in our language?
Last Answer : Oh, God, I hope not. It is clearly an ignorant mix of refute and repudiate.
Description : “World Investment Report” is annually published by ______ A. IBRD B. WTO C. IMF D. UNCTAD
Last Answer : D. UNCTAD Explanation: The World Investment Report has been published annually since 1991.Each year´s Report covers the latest trends in foreign direct investment around the World and analyses in depth one selected topic related to foreign direct investment and development.
Description : Do banks offer housing finance assistance?
Last Answer : As far as I know banks do not offer housing finance assistance, but if you go to a few banks in your town they would be able to let you know for sure.
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 : Money supply is governed by the - (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks
Last Answer : (3) Reserve Bank of India Explanation: In economics, the money supply or money stock, is the total amount of monetary assets available in an economy at a specific time. It is governed and ... Reserve Bank of India regulates money supply in India through its several policy rates and reserve ratios.
Description : Money supply is governed by the (1) Planning Commission (2) Finance Commission (3) Reserve Bank of India (4) Commercial Banks
Last Answer : Reserve Bank of India
Description : Scheduled Banks have to be registered with (1) SEBI (2) RBI (3) Finance Ministry (4) SBI
Last Answer : RBI
Description : Which module in CAPSTONE allows investment in workforce training? a. HR b. Planning c. Finance d. Marketing
Last Answer : a. HR
Description : he granting of cash subsidy on the capital investment is called __________. A. Concessional finance. B. Quantum of Subsidy. C. Interest Subsidy. D. Central Investment Subsidy.
Last Answer : D. Central Investment Subsidy.
Description : In free economy the decision about investment, saving and consumption are decided by (a) Price mechanism ; (b) Central bank ;(c) Planning Commission ;(d) Finance budget
Last Answer : (a) Price mechanism
Description : Asian Infrastructure Investment Bank (AIIB) approves $1.5bn in loans for infrastructure projects to ______ country: (a) Pakistan (b) India (c) Bangladesh (d) None of These
Last Answer : (b) India
Description : Which is at the apex of Industrial Finance in India? -General Knowledge
Last Answer : The answer is 'Industrial Development Bank of India'
Description : Which is at the apex of Industrial Finance in India? -Do You Know?
Last Answer : The Industrial Development Bank of India (IDBI) was established in 1964 as an apex financial institution to provide credit and other financial facilities for the development of the fledgling Indian industry.
Last Answer : answer:
Description : Industrial Finance Corporation of India (IFCI) was established in : A. 1946 B. 1947 C. 1948 D. 1949
Last Answer : C. 1948
Description : IFCI stands for_____________. A. Industrial finance corporation of India. B. Institutional finance corporation of India. C. Industrial funding corporation of India. D. Indian finance corporation and institution
Last Answer : A. Industrial finance corporation of India.
Description : For expanding access to banking services, the RBI has advised banks to open branches with minimum infrastructure support of 8 to 10BC units at a reasonable 3-4km. Such branches are known as _______ A. White Label ATMs B. Ultra Small Branches C. Banking Kiosks D. CBS Terminals E. ICT Hubs
Last Answer : B. Ultra Small Branches Explanation: Ultra Small Branches may be set up between the base branch and BC locations so as to provide support to about 8-10 BC Units at a reasonable distance ... for operating large customer transaction and would have to be managed full time by bank officers/ employees.
Description : ______ risk is the potential exchange loss from outstanding obligations as a result of exchange-rate fluctuations. A. Trade B. Exchange C. Finance D. Noncompletion E. Transaction
Last Answer : E. Transaction
Description : Which banks offer the best investment banking rates?
Last Answer : To find which banks offer the best investment banking rate you can visit this website: finance.mapsofworld.com. This website gives information on the top 10 investment banks. I hope this will help you.
Description : Multiplier process in economic theory is conventionally taken to mean: (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases
Last Answer : (3) income of an economy grows on account of an initial investment Explanation: In economics, a multiplier is a factor of proportionality that measures how much an endogenous variable changes in response to a change in ... of the U.S. money supply, and MO as a measure of the U.S. monetary base.
Description : Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases
Last Answer : income of an economy grows on account of an initial investment
Description : Which of the following institutions do not hold a banking license? A. Small Banks B. Foreign Banks C. Commercial Banks D. NBFCs
Last Answer : D. NBFCs Explanation: Non-banking financial companies, or NBFCs, are financial institutions that provide banking services, but do not hold a banking license. These institutions are not allowed to take deposits from the public.
Description : Which of the following banks has reported its point of sales terminal (PoS) network as largest in the country? A) HDFC B) Punjab National Bank C) SBI D) ICICI E) Axis Bank
Last Answer : C) SBI Explanation: SBI‘s point of sales terminal network has become the largest in the country after it took over its private sector rivals. It plans to add 1 lakh PoS terminals in current fiscal ending March 2017.