1. The banks are required to maintain a certain ratio between their cash in hand and total
assets. This is called:
(a) SBRC (Statutory Bank Ratio)
(b) SLR (Statutory Liquid Ratio)
(c) CBR (Central Bank Reserve)
(d) CLR (Central Liquid Reserve)
2. According to the RBI directions, a NBFC (Non-Banking Finance Company) must
possess a Net-owned Fund of the amount:
(a) minimum Rs.5 lakh
(b) minimum Rs. 10 lakh
(c) minimum Rs. 25 lakh
(d) minimum Rs. 50 lakh
3. Participatory Notes (PNs) are associated with which one of the following?
(a) Consolidated Fund of India
(b) Foreign Institutional Investors
(c) United Nations Development Programme
(d) Kyoto Protocol
4. 'Repo rate' is the rate at which:
(a) the Reserve Bank of India lends to State Government
(b) the international aid agencies lend to Reserve Bank of India
(c) the Reserve Bank of India lends to banks
(d) the banks lend to Reserve Bank of India
5. The Securities and Exchange Board of India has been set up to :
1. protect the interests of investors
2. to regulate the activities of brokers in the stock market
3. to ensure transparency in operation in the stock market.
4. to encourage a healthy growth of the stock market
Choose your answer from:
(a) 1 and 2
(b) 1, 2 and 4
(c) 1, 2 and 3
(d) 1, 2, 3 and 4
6. Which among the following is the oldest Development Financial Institution of India?
(a) UTI
(b) IDBI
(c) ICICI
(d) IFCI
7. Consider the following statements:
1. The National Housing Bank, the apex institution in housing finance in India, was set up as
a wholly owned subsidiary of the Reserve Bank of India
2. The Small Industries Development Bank of India was established as a wholly owned
subsidiary of the Industrial Development Bank of India
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
8. Regional rural banks:
1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections
(a) 1 and 3
(b) 2 and 3
(c) 1, 2 and 3
(d) 1 and 2
9. The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:
(a) 1, 2
(b) 2, 3
(c) 1, 2, 3
(d) 1, 2, 3 and 4
10. Debenture holders of a company are its:
(a) shareholders
(b) creditors
(c) debtors
(d) directors