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FinancialInstititutionsandMarket

Total questions: 12

Worksheet time: 12mins

Name
Class
Date
1.

Which of the following is not a regulatory institution in Indian financial system?

a)

RBI

b)

CIBIL

c)

SEBI

d)

IRDA

2.

Which of the following is not an organized sector in India?

a)

Nationalized Banks

b)

Regional Rural Banks

c)

Cooperative Banks

d)

Chits and Money lenders

3.

“Scheduled bank” in India means a bank _____.

a)

Incorporated under the Companies Act, 1956

b)

Authorized to the Banking business

c)

Governed by the Banking Regulation Act, 1949

d)

Included in the Second schedule to the Reserve Bank of India Act 1934

4.

Which of the following is not related with Money Market?

a)

Treasury Bills

b)

Commercial Bills

c)

Certificates of Deposit

d)

Shares

5.

Which of the following is considered to be more secure instrument?

a)

Cheque

b)

Draft

c)

Commercial Paper

d)

Hundi

6.

Which of the following act defines a Cheque?

a)

RBI Act 1934

b)

Negotiable Instrument Act 1881

c)

Banking Regulation Act 1949

d)

Companies Act 2013

7.

Which of the following is least risky?

a)

Equity

b)

Corporate Bonds

c)

Treasury Bills

d)

Certificate of Deposits

8.

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.

9.

Which of the following is false about NBFC?

a)

NBFC cannot accept demand deposits

b)

NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself

c)

deposit insurance facility of Deposit Insurance and Credit Guarantee Corporation is not available to depositors of NBFCs

d)

NBFC cannot undertake insurance business

10.

SEBI was primarily set up to

a)

regulate the activities of the merchant banks

b)

to control the operations of mutual funds

c)

to work as a regulator of the stock exchange activities

d)

all of the above

11.

Which among the following is not one of the functions of RBI?

a)

Controlling inflation

b)

Banking Supervision

c)

Lender of last resort

d)

Controlling employment in the country

12.

Bank deposit is a non-marketable security AND Government bond is a long-term security.

a)

TRUE AND TRUE

b)

TRUE AND FALSE

c)

FALSE AND TRUE

d)

FALSE AND FALSE