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Worksheets

Indian Financial system

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

The efficiency of the emerging financial system primarily depends upon the quality and range of the package of financial services largely provided by the….

a)

Banking Institution

b)

Non-Banking Financial Institutions

c)

Micro Finance Institutions

d)

Development Institutions

2.

IFCI was first development bank of India established in the year...

a)

1945

b)

1946

c)

1947

d)

1948

3.

Industrial Development bank of India accepts deposits from public.

a)

True

b)

False

4.

New issue market has organisational set up

a)

True

b)

False

5.

Indian financial system comprises of..... sector.

a)

Banking and non-banking

b)

Formal and informal

c)

Organised and unorganised

d)

None of these

6.

Which out of the following liquid assets is not a part of SLR? 

a)

Cash

b)

Govt Securities

c)

Gold

d)

Bonds

7.

What is the maximum grace period under factoring? 

a)

150 days

b)

120 days

c)

90 days

d)

60 days

8.

What is the maximum debt period permitted under factoring?

a)

150 days

b)

120 days

c)

90 days

d)

60 days

9.

N B F C stands for

a)

Non Banking Financial Companies

b)

Non Banking Financial Corporation

c)

Non bulk finance companies

d)

None of these

10.

 

NHB stands for ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐.

 

a)

National house banker

b)

National house bank

c)

National House building

d)

New Housing Bank

11.

What is the limit of offline digital payment per transaction, as per RBI’s recent notification?

a)

Rs.100

b)

Rs.200

c)

Rs.500

d)

Rs.1000

12.

The Report on Deposits with Banks, is periodically released by which organization?

a)

DICGC

b)

RBI

c)

Ministry of Finance

d)

IBA

13.

The early growth of merchant banking in the country is assigned to the which of the following?

a)

Foreign Exchange Regulation Act,1973

b)

securities contract act

c)

income tax act

d)

FEMA

14.

State Bank of India started merchant banking in which of the following years?

a)

1974

b)

1978

c)

1973

d)

1980

15.

Which of the following acts as an intermediary to link up the sources of ideas and the sources of fund?

a)

Merchant Banking

b)

venture capital

c)

leasing

d)

none of these

16.

Which of the following is not a fee‐based financial service?

a)

corporate counciling

b)

Profit management

c)

lease financing

d)

issue management

17.

A merchant bank is a financial institution conducting money market activities and:

a)

Lending

b)

Underwriting and financial advice

c)

Investment service

d)

All of the above

18.

The term ‘Merchant Bank’ is used in:

a)

United States

b)

United Kingdom

c)

America

d)

India

19.

Financial service companies excludes which of the following?

a)

commercial banks

b)

insurance companies

c)

crepitating agencies

d)

sole proporitorship

20.

Financial services offered financing risk project to provide which of the following?

a)

seed capital

b)

venture capital

c)

primary fund

d)

secondary fund

21.

The first Regional Rural Bank was established in India in the year

a)

1991

b)

1975

c)

1980

d)

1982

22.

How many banks were nationalized at initial stage?

a)

14

b)

17

c)

19

d)

21

23.

HOW MANY BANKS WERE NATIONALIZED ON 15TH APRIL 1980?

a)

4

b)

5

c)

6

d)

7

24.

Who provides clearing house facilities for netting of payments and securities delivery? 

a)

Stock exchange

b)

RBI

c)

SEBI

d)

SBI

25.

Financial institutions are also known as ________.

a)

Financial organisation

b)

Financial intermediaries

c)

Financial system

d)

All of the above

26.

_______ is an important instrument of short term borrowing by the government.

a)

National saving certificate

b)

Bonds

c)

Treasury bills

d)

All of the above

27.

Money market deals with _____ instruments.

a)

Long term

b)

Medium term

c)

Short term

d)

All of the above

28.

Which of the following is a financial asset?

a)

Gold

b)

Share

c)

Silver

d)

Land

29.

______ is a market for new issues.

a)

Money market

b)

Capital market

c)

Primary market

d)

Secondary market

30.

N B F C stands for

a)

Non Banking Financial Companies

b)

Non Banking Financial Corporation

c)

Non bulk finance companies

d)

None of these