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SYBAF FC-III Unit-I

Total questions: 25

Worksheet time: 8mins

Name
Class
Date
1.

When inflation rises due to increase in cost of production, it is called ____

a)

Demand-pull inflation

b)

Credit inflation

c)

Cost-push inflation

d)

Hyperinflation

2.

_____ means obtaining an expert opinion from a rating agency on the ability and willingness of a debtor to meet financial obligations.

a)

Credit Rating

b)

Stock Broking

c)

Financial Advisory

d)

Custodial Service

3.

In _________ ownership comes after paying the last installment.

a)

leasing

b)

hire purchase

c)

factoring

d)

venture capital

4.

_______ are called as securities.

a)

Financial market

b)

Financial intermediaries

c)

Financial instruments

d)

Financial services

5.

Custodial service is ________ based financial service.

a)

liquid

b)

fund

c)

capital

d)

non-fund

6.

Reserve Bank of India came into existence in the year _______.

a)

 1949

b)

 1956

c)

1935

d)

 1947

7.

 ______ is a set of complex and closely connected or intermixed institutions, agents, practices, transactions, claims and liabilities in the economy.

a)

Financial System

b)

Financial Markets

c)

Financial Intermediaries

d)

Financial Instruments

8.

According to SEBI Regulations 1992, a _____ requires to hold a certificate of registration to deal in securities.

a)

Stock Broker

b)

Merchant Banker

c)

Venture Capitalist

d)

Bank 

9.

_____ is the purchase of seller's receivables at a discounted price by paying cash.

a)

 Hire purchase

b)

 Factoring

c)

 Forfeiting

d)

 Leasing

10.

_______ is a financial tool that pools assets from shareholders to invest in securities like stocks, bonds.

a)

Venture capital

b)

Mutual funds

c)

Stock Broking

d)

Bank

11.

_______ banks are a part of the set of institutions which are engaged in financing rural and agricultural development.

a)

 Co-operative

b)

 Scheduled

c)

 Commercial

d)

 Foreign

12.

Venture Capital is also known as _______

a)

Real capital

b)

Risk capital

c)

Working capital

d)

Safe capital

13.

The ______ set up Regional Rural Banks to provide credit to the weaker sections of the rural areas.

a)

Reserve Bank of India

b)

Government of India

c)

Central Bank

d)

Securities Exchange Board of India

14.

State Bank of India comes under ______ bank.

a)

Public sector

b)

Private sector

c)

Regional-rural

d)

Foreign

15.

 Bill discounting is a _____ based service.

a)

fee

b)

liquid

c)

fund

d)

capital

16.

Periodical payments in Insurance are called ______

a)

lease

b)

interest

c)

premium

d)

dividend

17.

 There are _______ components of financial system.

a)

 6

b)

5

c)

3

d)

4

18.

In ______ type of lease, the maintenance, repairs, technical advice, etc. is carried out by the lessor.

a)

 ordinary

b)

 operating

c)

 financial

d)

 international

19.

NBFCs are incorporated under ________

a)

 Companies Act, 1956

b)

 Banking Regulation Act, 1949

c)

 NBFC Act, 2013

d)

 Companies Act, 2013

20.

 Most economists prefer a steady rate of inflation of ____%

a)

4

b)

5

c)

3

d)

2

21.

_______ is the chairman of Central Board of Directors of RBI.

a)

Finance Minister

b)

President

c)

Governor

d)

Prime Minister

22.

______ was originally known as Imperial Bank of India.

a)

State Bank of India

b)

Reserve Bank of India

c)

Bank of India

d)

Union Bank

23.

Forfeiting is a method of financing of receivables relating to _____ trade.

a)

International

b)

Local

c)

Domestic

d)

National

24.

Following is NOT a feature of Commercial Banks.

a)

Operates for profit

b)

Withdrawal by means of an instrument

c)

Accepts deposit from general public

d)

Main motive to provide credit to weaker sections of the society

25.

_____ lease is also known as service lease.

a)

Financial lease

b)

Ordinary lease

c)

Operating lease

d)

International lease