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Banking System and Capital Market MCQ Question with Answer

Banking System and Capital Market MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

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Question No : 29
Bank rate is the rate at which:

a bank lends to the public
the Reserve Bank of India lends to the public
the Government of India lends to other countries
the Reserve Bank of India gives credit to commercial banks
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Question No : 30
Which one of the following is not a feature of Limited Liability Partnership firm? [IAS 2010]

Partners should be less than 20
Partnership and management need not be separate
Internal governance may be decided by mutual agreement among partners
It is a corporate body with perpetual succession
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Question No : 31
Open market operations of a Central Bank are sale and purchase of:

foreign currencies
corporate securities
trade bills
government securities
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Question No : 32
Which of the following is at the apex of Industrial Finance in India? [UDC 1995]

Industrial Finance Corporation
Reserve Bank of India
Industrial Development Bank of India
Industrial Credit and Investment Corporation of India
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Question No : 33
Who is responsible for the collection and publication of monetary and financial information?

Finance Commission
Finance Ministry
Reserve Bank of India
Auditor and Comptroller General of India
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Question No : 34
The acronym SRO, being used in the capital market for various market participants, stands for which one of the following? [CDS 2008]

Self-Regulatory Organisations
Small Revenue Operators
Securities Roll-back Operators
Securities Regulatory Organisations
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Question No : 35
Which one of the following statements is not correct? [CDS 2009]

The National Association of Securities Dealers Automated Quotations known as NASDAQ, is an American stock exchange
Nikkei is the stock market index for the Tokyo Stock Exchange
S and P CNX Nifty is the index for 50 large companies on the Bombay Stock Exchange
Hang Seng Indexes record daily changes of the largest companies of the Hong Kong stock market
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