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Worksheets

FIS - 1

Total questions: 35

Worksheet time: 20mins

Name
Class
Date
1.

Indian financial system comprises of both ———————-and ———————-sector.

(a)  

2.

SEBI was given legal status in the year————-set up in1988

a)

1992

b)

1994

c)

1996

d)

1998

3.

Bank deposit is a non-marketable security.

a)

True

b)

False

4.

Government bond is a long-term security

a)

True

b)

False

5.

Credit card is a prepaid card

a)

True

b)

False

6.

The …………..has been set up to Protect interest of the investors in company and Regulate the working of stock broker

(a)  

7.

Capital market deals with buying and selling of long term investible fund and money market deals with————————-

(a)  

8.

Who is the custodian of monetary reserves in India?

a)

A.SBI

b)

B.SIDBI

c)

C.NABARD

d)

D.RBI

9.

Which one of the following is the apex institution in finance sector of India?

a)

A.IDBI

b)

B.NABARD

c)

C.NHB

d)

D.RBI

10.

Bank deposit refers to

a)

A.The amount of money standing to the credit of a customer of a bank

b)

B.A term used by the Federal Reserve to refer to the total deposits of member banks

c)

C.The amount of money standing to the debit as a customer of a bank

d)

D.All of the above

11.

Real Time Gross Settlement (RTGS) is management by

a)

A.State Bank of India

b)

B.Reserve Bank of India

c)

C.Indian Bank Association

d)

D.Government of India

12.

SEBI is

a)

A.Regulatory Authority

b)

B.Statutory Authority

c)

C.Both (a) and (b)

d)

D.None of these

13.

The objectives of SEBI include -------------.

a)

(a) To protect interests of inventors

b)

(b) To regulate securities market

c)

(c) To promote the development of the market

d)

(d) All of the above

14.

The administrative head office of SEBI is at ------------.

a)

(a) New Delhi

b)

(b) Bombay

c)

(c) Kolkata

d)

(d) Chennai

15.

SENSEX is the index of --------------------.

a)

(a) Bombay stock exchange

b)

(b) National stock exchange

c)

(c) Cochin stock exchange

d)

(d) None of these

16.

National stock exchange of India situated at ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

a)

(a) Bangalore

b)

(b) Hyderabad

c)

(c) Bombay

d)

(d) None of these

17.

The important goal of the financial service industry is to mobilise and allocate _________.

a)

saving

b)

sales

c)

purchase

d)

all of the above

18.

To regulate the securities market and to protect the investor's interest ________ has been created by the Government of India

a)

SEBI

b)

RRB

c)

RBI

d)

SBI

19.

Indian Companies Act ________.

a)

1956

b)

2000

c)

1954

d)

1958

20.

IPO stands for __________.

a)

Initial Preference Offering

b)

Initial Private Offering

c)

Initial Price Organisation

d)

Initial Public Offering

21.

The financial system enables (a)   to exchange funds

22.

According to (a)   , financial system provides a link between savings and investment for the creation of new wealth and to permit portfolio adjustment in the composition of the existing wealth

23.

The system was unorganized in which period ___________

a)

1.Before Independence

b)

2.After Independence till 1990

c)

3.After 1990

24.

FEATURES OF INDIAN FINANCIAL SYSTEM

a)

It encourages both savings and investment

b)

It helps in capital formation

c)

It helps in allocation of risk

d)

All of the above

25.

Components/ Structure of Indian Financial System

a)

Financial Institutions

b)

Financial Markets

c)

Financial Instruments/ Assets/ Securities and services

d)

All of the above

26.
Who pays interest on a loan
a)
a lender
b)
 a borrower
c)
a credit union
d)
a creditor
27.

The word "bank" originally comes from a word meaning

a)

bench

b)

book

c)

money

d)

safe

28.

Which financial institution is owned by its members?

a)

financial service company

b)

savings and loan association

c)

commercial bank

d)

credit union

29.

Which two features does a basic savings account have?

a)

allows money

transfers

b)

offers a higher

interest rate

c)

allows ATM

withdrawals

d)

has a maturity date

30.

an organization that provides services related to money

a)

commercial bank

b)

charter

c)

financial institution

31.

the movement of money electronically from one financial institution to another

a)

electronic funds transfer

b)

electronic financial transitioning

c)

automated teller machine

32.

Define Financial Institution

a)

A for-profit institution that offers personal loans, mortgages, checking & savings accounts.

b)

A business that provides money-related services.

c)

An electronic way to view account activity and pay bills via the Internet.

d)

Automated Teller Machine

33.

Which of the following are Financial Services provided by financial institutions?

a)

Automated Teller Machines

b)

Drivers License

c)

Car loan

d)

Automatic money transfer

e)

Automobile repair

34.

The RBI was nationalized in

a)

1947

b)

1949

c)

1951

d)

1955

35.

RBI has how many regional offices?

a)

22

b)

21

c)

20

d)

19