MCQOPTIONS
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MCQOPTIONS
This section includes 815 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 401. |
Which of the following is considered to be more secure instrument? |
| A. | Cheque |
| B. | Draft |
| C. | Commercial Paper |
| D. | Hundi |
| Answer» C. Commercial Paper | |
| 402. |
Which of the following is NOT a reason to invest in mutual funds? |
| A. | Professional management of your investment |
| B. | Invest low amounts (as low as Rs. 500) in a diversified portfolio |
| C. | Flexibility to buy and sell your investments as and when you want |
| D. | Personal customized portfolio |
| Answer» E. | |
| 403. |
This Act shall not apply to any establishment registered under the Co-operative Societies Act, 1912 (2of 1912), employing less than ------- persons and working without the aid of power. |
| A. | 100 |
| B. | 70 |
| C. | 50 |
| D. | 20 |
| Answer» D. 20 | |
| 404. |
What are the benefits of leasing to other companies? |
| A. | Interest Revenue |
| B. | High Residual Value |
| C. | Tax Incentives |
| D. | All of the above |
| Answer» E. | |
| 405. |
Which of the following public sector banks has the largest number of loss making branches? |
| A. | United Bank of India |
| B. | Syndicate Bank |
| C. | State Bank of India |
| D. | Indian Bank |
| Answer» C. State Bank of India | |
| 406. |
India’s foreign exchange rate system is? |
| A. | Free float |
| B. | Managed float |
| C. | Fixed |
| D. | Fixed target of band |
| Answer» C. Fixed | |
| 407. |
The term “Exempted Employee” is defined under section ……. of the PF Act, 1952. |
| A. | 2 (gg) |
| B. | 2(hh) |
| C. | 2(ff) |
| D. | 2(cc) |
| Answer» D. 2(cc) | |
| 408. |
Which of the following statement is NOT correct about the SEBI? |
| A. | At present it is a non statutory body |
| B. | At present it is a statutory body |
| C. | It got statutory powers by an ordinance in 1992 |
| D. | SEBI is managed by 6 members |
| Answer» B. At present it is a statutory body | |
| 409. |
The bonds that are backed by cash flow from project and are sold to finance particular project areclassified as: |
| A. | Finance Bonds |
| B. | Revenue Bonds |
| C. | Financing Bonds |
| D. | Project Bonds |
| Answer» C. Financing Bonds | |
| 410. |
Which of the following statement is related to dated Securities? |
| A. | It is a secure Instrument |
| B. | It is issued by government |
| C. | It acknowledge the debt by the government |
| D. | The date of maturity is mentioned on the certificate |
| Answer» E. | |
| 411. |
Section 2(d) of the Provident Fund Act defines ……… |
| A. | Hazardous Process |
| B. | Employee |
| C. | Employment |
| D. | Controlled Industry |
| Answer» E. | |
| 412. |
The type of pension plan in which all the benefits of pension are provided by the employer of theorganization employees is classified as |
| A. | Non- discretionary plan |
| B. | Discretionary plan |
| C. | Contributory plan |
| D. | Non – Contributory plan |
| Answer» E. | |
| 413. |
Chairman of the SEBI is appointed for ……… |
| A. | For maximum 3 years |
| B. | For maximum 6 years |
| C. | For maximum 5 years |
| D. | Tenure not fixed |
| Answer» E. | |
| 414. |
Commercial Bill is a type of_____. |
| A. | Promissory Note |
| B. | Cheque |
| C. | Stamp |
| D. | Bill of exchange |
| Answer» E. | |
| 415. |
The acronym SWIFT stands for |
| A. | Safety Width in Financial Transactions. |
| B. | Society for Worldwide International Financial Telecommunication. |
| C. | Society for Worldwide Interbank Financial Telecommunication. |
| D. | Swift Worldwide Information for Financial Transaction. |
| Answer» D. Swift Worldwide Information for Financial Transaction. | |
| 416. |
How many companies are included in the SENSEX? |
| A. | 30 |
| B. | 50 |
| C. | 111 |
| D. | 25 |
| Answer» B. 50 | |
| 417. |
The headquarters of SIDBI is in |
| A. | Lucknow |
| B. | New Delhi |
| C. | Mumbai |
| D. | Kolkata |
| Answer» B. New Delhi | |
| 418. |
The transaction costs of trading of financial Instruments in centralized market is classified as: |
| A. | Flexible Costs |
| B. | Low transaction Costs |
| C. | High Transaction Costs |
| D. | Constant Costs |
| Answer» C. High Transaction Costs | |
| 419. |
Does a balanced fund always invest its money in the ratio of 50:50 in equity and fixed income? |
| A. | Yes |
| B. | No |
| C. | none |
| D. | none |
| Answer» C. none | |
| 420. |
When the value of the British pound changes from $1.50 to $1.25, the pound has ________ and the dollarhas ________. |
| A. | appreciated; appreciated |
| B. | depreciated; appreciated |
| C. | appreciated; depreciated |
| D. | depreciated; depreciated |
| Answer» C. appreciated; depreciated | |
| 421. |
The exchange rate is |
| A. | The price of one currency relative to gold. |
| B. | The value of a currency relative to inflation. |
| C. | The change in the value of money over time. |
| D. | The price of one currency relative to another. |
| Answer» E. | |
| 422. |
What is the minimum amount at which Certificate of Deposit can be issued? |
| A. | The minimum amount for Commercial Papers is 5 lakhs. |
| B. | The minimum amount for Commercial Papers is 5 Crores. |
| C. | The minimum amount for Commercial Papers is 1 lakh. |
| D. | The minimum amount for Commercial Papers is 1 Crore. |
| Answer» D. The minimum amount for Commercial Papers is 1 Crore. | |
| 423. |
A spot transaction in the foreign exchange market involves the |
| A. | Exchange of exports and imports at a specified future date. |
| B. | Exchange of bank deposits at a specified future date. |
| C. | Immediate (within two days) exchange of exports and imports. |
| D. | Immediate (within two days) exchange of bank deposits. |
| Answer» E. | |
| 424. |
Which development financial institution integrated with a bank? |
| A. | IFCI Ltd |
| B. | ICICI LTD |
| C. | NHB |
| D. | IIFCL |
| Answer» C. NHB | |
| 425. |
Bonus is part of Basic Wages as defined in the respective section in the PF Act. |
| A. | True |
| B. | False |
| C. | none |
| D. | none |
| Answer» C. none | |
| 426. |
Employees’ Provident Funds Appellate Tribunal was constituted under Section ....... the this act. |
| A. | 6D |
| B. | 7C |
| C. | 6A |
| D. | 7D |
| Answer» E. | |
| 427. |
Although market trades are said to involve the buying and selling of currencies, most trades involve thebuying and selling of |
| A. | Bank deposits denominated in different currencies. |
| B. | SDRs. |
| C. | Go |
| Answer» B. SDRs. | |
| 428. |
Which of the following is not the name of an Insurance Scheme launched by the Government of India? |
| A. | Janashree Bima Yojana |
| B. | Krishi Shramik Sarnajik Suraksha Yojana |
| C. | Shiksha Sahyog Yojana |
| D. | Varsha Bima Yojana |
| Answer» E. | |
| 429. |
SEBI get its statutory powers on: |
| A. | 17 April, 1992 |
| B. | 15 April, 1992 |
| C. | 12 April, 1992 |
| D. | None of These |
| Answer» D. None of These | |
| 430. |
SEBI stands for: |
| A. | Securities and Exchange Bank of India |
| B. | Securities and Exchange Board for Investment |
| C. | Securities and Exchange Board of India |
| D. | None of These |
| Answer» B. Securities and Exchange Board for Investment | |
| 431. |
When was the Factoring Regulation Act passed in India? |
| A. | 2011 |
| B. | 2000 |
| C. | 1991 |
| D. | 2001 |
| Answer» B. 2000 | |
| 432. |
India is facing continuous deficit in its balance of payments. In the foreign exchange market rupee isexpected to |
| A. | Depreciate. |
| B. | Appreciate. |
| C. | Show no specific tendency. |
| D. | Depreciate against currencies of the countries with positive balance of payment and appreciate |
| Answer» B. Appreciate. | |
| 433. |
Co-operative development bank was set up by |
| A. | NABARD |
| B. | RBI |
| C. | SBI |
| D. | central Govt. |
| Answer» B. RBI | |
| 434. |
The demand for domestic currency in the foreign exchange market is indicated by the followingtransactions in balance of payment. |
| A. | Export of goods and services |
| B. | Import of goods and services. |
| C. | Export of goods and services and capital inflows. |
| D. | Import of goods and services and capital outflows. |
| Answer» D. Import of goods and services and capital outflows. | |
| 435. |
Indirect rate in foreign exchange means |
| A. | The rate quoted with the units of home currency kept fixed. |
| B. | The rate quoted with units of foreign currency kept fixed. |
| C. | The rate quoted in terms of a third currency. |
| D. | None of the above. |
| Answer» B. The rate quoted with units of foreign currency kept fixed. | |
| 436. |
Which of the following words does not belong to the stock exchange? |
| A. | NAV |
| B. | NSE |
| C. | IPO |
| D. | KPO |
| Answer» E. | |
| 437. |
Which of the following organisations provides a guarantee to the exporters? |
| A. | Exim Bank |
| B. | Export Credit Guarantee Corporation (E C G C) |
| C. | Director General Foreign Trade |
| D. | Reserve Bank of India |
| Answer» C. Director General Foreign Trade | |
| 438. |
Which security holders will receive arrears of the non- payment of dividends by the Company duringthe loss? |
| A. | Cumulative Preference Share Holders |
| B. | Non- Cumulative Preference Share Holders |
| C. | Convertible Preference Share Holder |
| D. | Ordinary Equity Holders |
| Answer» B. Non- Cumulative Preference Share Holders | |
| 439. |
The term “Employer” is defined in the section ……….. of the PF Act. |
| A. | 2(e) |
| B. | 2(g) |
| C. | 2(f) |
| D. | 2(m) |
| Answer» B. 2(g) | |
| 440. |
The market in which new Securities are issued by the Corporations to raise funds are called: |
| A. | Primary Markets |
| B. | Secondary Markets |
| C. | Gross Markets |
| D. | Proceeds Markets |
| Answer» B. Secondary Markets | |
| 441. |
In capital market the major suppliers of trading Instruments are: |
| A. | Government and corporations |
| B. | Liquid Corporations |
| C. | Instrumental Corporations |
| D. | Manufacturing Corporations |
| Answer» B. Liquid Corporations | |
| 442. |
How many Scheduled Commercial Banks are there in India? |
| A. | 81 |
| B. | 89 |
| C. | 93 |
| D. | 97 |
| Answer» D. 97 | |
| 443. |
The Exim bank has been set up for the purpose of |
| A. | functioning as a specialized institution for providing comprehensive credits on international competitive terms for exports of capital goods, engineering goods, manufactured produced, projects and services |
| B. | offering advisory services to exporters for non –traditional exports |
| C. | Providing refinance facilities in regard to export financing by banks and other financial institutions. |
| D. | All of the above |
| Answer» E. | |
| 444. |
Which among the following is/are correct regarding Call Money? |
| A. | It is the money lent/borrowed for maximum period of 14 days |
| B. | No Collateral is required in Call Money transaction |
| C. | It is the money lent/borrowed for maximum period of 30 days |
| D. | Banks borrow primarily from the inter-bank (call money) market |
| Answer» B. No Collateral is required in Call Money transaction | |
| 445. |
What is the normal time period range for factoring in India? |
| A. | 70 - 80 days |
| B. | 80 – 90 days |
| C. | 90 – 120 days |
| D. | 90 – 150 days |
| Answer» E. | |
| 446. |
Which of the following statement is true about Commercial Paper? |
| A. | It is traded in the money market |
| B. | It is a promissory note |
| C. | It was introduced in 1990 |
| D. | It is a secure Instrument |
| Answer» D. It is a secure Instrument | |
| 447. |
A Direct lease, a sale and leaseback, and a Leveraged lease are all examples of which of the following? |
| A. | Operating leases |
| B. | Financial leases |
| C. | Full service leases |
| D. | Off Balance Sheet methods of financing |
| Answer» C. Full service leases | |
| 448. |
The exchange markets and over the counter markets are considered as two types of: |
| A. | Floating market |
| B. | Risky market |
| C. | Secondary market |
| D. | Primary market |
| Answer» D. Primary market | |
| 449. |
Under this act, how many members are appointed by the Central Government in Central Boardrepresenting employees in the establishments to which the Scheme applies |
| A. | 5 |
| B. | 10 |
| C. | 12 |
| D. | 20 |
| Answer» C. 12 | |
| 450. |
When was SEBI constituted? |
| A. | April, 1988 |
| B. | March, 1982 |
| C. | July, 1992 |
| D. | Dec. 1974 |
| Answer» B. March, 1982 | |