Indian Financial System Set 10
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This set of Indian Financial System Multiple Choice Questions & Answers (MCQs) focuses on Indian Financial System Set 10
Q1 | “D vs. P” system for government securities market means
- delivery and payment settlement
- dividend and principal settlement
- dollar and pound settlement
- delaying and postponement
Q2 | Non banking financial institutions (NBFIs) are registered under
- rbi act
- banking regulation act
- companies act
- sebi act
Q3 | According to IFRS, the term financial asset includes
- cash or cash equivalent
- equity shares
- contractual right to receive cash
- all the above
Q4 | Which of the following is /are example of primary or direct financial instrument
- fixed deposit receipt
- insurance policies
- mutual fund unit
- debentures
Q5 | Which of the following is /are example of Secondary or indirect financial instrument
- equity shares
- preference shares
- post office saving deposit
- bonds
Q6 | A Non Banking Financial Institution
- can accept demand deposit
- can issue cheques to customers
- cannot accept fixed deposit
- cannot accept demand deposit and cannot issue cheques
Q7 | Kerala State Financial Enterprises ltd (KSFE) is an example of
- banking institution
- investment institution
- nbfi
- state level development banks
Q8 | UTI, LIC etc are examples of
- banking institution
- investment institution
- nbfi
- development banks
Q9 | SFC is an example of
- banking institution
- investment institution
- nbfi
- development institution
Q10 | Which of the following is /are not regulatory institutions
- rbi
- sebi
- irda
- ifci
Q11 | Which of the following is not a negotiable instrument?
- adr
- gdr
- fdr
- idr
Q12 | ‘Follow on Public Offer’ is also known as
- further public offer
- seasoned public offer
- subsequent public offer
- all of these
Q13 | “Uberrimae Fidei” means
- indemnity
- insurable interest
- good faith
- mitigation of loss
Q14 | ........... is the oldest insurance
- fire insurance
- life insurance
- marine insurance
- social insurance
Q15 | In ---------------- , insurable interest is enough at the time of loss
- fire insurance
- life insurance
- burglary insurance
- marine insurance
Q16 | In life insurance, instalment policy is also known as
- annuity policy
- endowment policy
- whole life policy
- lump sum policy
Q17 | In insurance, “Causa Proxima” means
- utmost good faith
- contribution
- prevent the causes of loss
- closely connected perils
Q18 | _______ is a financial service which pooling risks of people
- mutual fund
- venture capital
- insurance
- all of these
Q19 | In India Insurance business are regulated by
- irbi
- rbi
- irda
- irdp
Q20 | Except life insurance maximum term of other insurance is_______
- 12 months
- 6 months
- 24 months
- 36 months
Q21 | Central office of Life Insurance Corporation of India is located at
- new delhi
- kolkata
- mumbai
- bangalore
Q22 | There are........ associated companies of GIC
- 3
- 4
- 6
- 5
Q23 | “Native Stock and Share Brokers Association” is the old name of............
- sebi
- nse
- bse
- nasdaq
Q24 | General insurance business nationalised in the year----------
- 1956
- 1972
- 1969
- 1982
Q25 | Principle of Indemnity does not apply to----------
- fire insurance
- marine insurance
- life insurance
- none of these