MCQ on Management of Financial Services 2

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Objective Questions and Answers of MBA: MCQ on Management of Financial Services 2

Subject: Objective Questions and Answers of MBA: MCQ on Management of Financial Services 2

Part 2: List for questions and answers of Management of Financial Services

 

Q1. Which one is not the part of Migration to new capital adequacy framework based on the three pillar approach namely?

a) Minimum capital requirement

b) Supervisory review

c) Market discipline

d) Book keeping

 

Q2. Which was the first Bank to be established in 1148?

a) SBI

b) CBI

c) Reserve Bank

d) Casa De SanGiorgio

 

Q3. Italian money lenders were known as Banechi or Banacheri because

a) They had a lot of money

b) They had a money bank

c) They kept a special type of table to transact their business

d) All of the above

 

Q4. Which of the following are the objectives and functions of IDBI?

a) To provide technical and administrative assistance for promotion or expansion of industry

b) To undertake market and investment research and surveys as also technical and economic studies in connection with development of industry

c) To act as lender of last resort and to finance projects that are in conformity with national priorities

d) All of these

 

Q5. Banks can avail refinance against loans made to industrial units from

a) DICGC

b) NABARD

c) ECGC

d) IDBI 

 

Q6. Assertion (A). Indent may be open or closed. Open indent does not specific the price and other details of the goods. The closed indent specific the brand, price, number, packing, shipping made, insurance etc Reason (R). This is required as a part of export procedures

a) Both (A) and (R) are correct

b) Both (A) and (R) are not correct

c) (A) is true, but (R) is false

d) (R) is true, but (A) is false

 

Q7. Assertion (A). Use of paper money is replaced by plastic money. The future will see the electronic money clearance through satellite networkingReason (R). RBI is encouraging ebanking

a) (A) is false, but (R) is true

b) (A) is true, but (R) is false

c) Both (A) and (R) are false

d) Both (A) and (R) are true

 

Q8. The importance of SFls may be attributed to

a) they constitute an important source of long-term finance to industry

b) SFis have played an important role in the development of (a) Small scale industry, (b) Projects in backward areas

c) They have helped new and small entrepreneurs in setting up industry

d) All of the above

 

Q9. The ICICI was formed in

a) 1952

b) 1953

c) 1954

d) 1955

 

Q10. The first Public bank was

a) SBI

b) Rural Bank

c) PNB

d) Bank of Venice

 

Q11. At present most of the Indian Banks are falling under the

a) Chain Banking System

b) Unit Banking System

c) Branch Banking System

d) None of the above 

 

Q12. The importance of SFls may be attributed to

a) they constitute an important source of long-term finance to industry

b) SFis have played an important role in the development of (a) Small scale industry, (b)Projects in backward areas

c) They have helped new and small entrepreneurs in setting up industry

d) All of the above

 

Q13. Assertion (A). Bank have control over a large part of the supply of money in circulationReason (R). They cannot influence the nature and character of production in any country

a) Both (A) and (R) are true and (R) is correct explanation of (A)

b) (A) is true but (R) is false and it is not correct explanation of (A)

c) (R) is true but (A) is false

d) (A) is true but (B) is false

 

Q14. IDBI serves as the ——————- institution for term finance to industries

a) APEX

b) CAT

c) IIT

d) None of these

 

Q15. The statement of Banking Definition is given by

a) T.G. Hart

b) White Head

c) Kinely

d) All of these

 

Part 2: List for questions and answers of Management of Financial Services

 

Q1. Answer: d

Q2. Answer: d

Q3. Answer: b

Q4. Answer: d

Q5. Answer: d

Q6. Answer: c

Q7. Answer: d

Q8. Answer: d

Q9. Answer: d

Q10. Answer: d

Q11. Answer: c

Q12. Answer: d

Q13. Answer: b

Q14. Answer: a

Q15. Answer: d