Private Sector Mutual Funds in India were permitted in [UP PCS 2011]
1964
1993
1994
2001
Correct Answer :
B. 1993
Related Questions
Which one of the following Public Sector banks' emblem figures a dog and the words 'faithful, friendly' in it ? [CDS 2010]
Punjab National Bank
Syndicate Bank
Oriental Bank of Commerce
State Bank of India
Open market operations of a Central Bank are sale and purchase of:
foreign currencies
corporate securities
trade bills
government securities
Which of the following is not an asset held by commercial banks?
Bills of exchange
Current account deposits
Credit balances with the Reserve Bank
Money lent at short notice
Which of the following is the Banker of the Banks? [Railways 1995]
IDBI
SBI
RBI
SBI and RBI
The best way, a bank can avoid loss is to :
lend only to individuals known to the bank
accept sound collateral
give only short-term loans
lend only to bank's old customers
The largest Public Sector Bank in India is: [CDS 1991]
Central Bank
State Bank of India
Punjab National Bank
Indian Overseas Bank
The National Stock Exchange functions from:
New Delhi
Mumbai
Nagpur
Kolkata
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
Consider the following financial institutions of India:
1. Industrial Finance Corporation of India (IFCI)
2. Industrial Credit and Investment Corporation of India (ICICI)
3. Industrial Development Bank of India (IDBI)
4. National Bank for Agriculture and Rural Development (NABARD)
The correct chronological sequence of the establishment of these institutions is : [IAS 2002]
1, 2, 3, 4
2, 3, 4, 1
3, 4, 1, 2
4, 1, 2, 3
Which of the following is called a 'banker's cheque' ? [CDS 2002]
Demand draft
Debit card
Pay order
Fixed deposit
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
'Sub Prime Lending' is a term applied to the loans made to ___ [Punjab & 5indh Bank 2011]
those borrowers who do not have a good credit history.
those who wish to take loan against the mortgage of tangible assets.
those who have a good credit history and are known to bank since 10 years.
None of the above
For regulation of the Insurance Trade in the country the Government has formed: [UP PCS 2002]
SEBI
Reserve Bank of India
Insurance Regulatory and Development Authority
General Insurance Corporation
Regional rural banks:
1. have limited area of operation
2. have free access to liberal refinance facilities from NABARD
3. are required to lend only to weaker sections
1 and 3
2 and 3
1, 2 and 3
1 and 2
Consider the following statements:
1. life Insurance Corporation of India is the oldest insurance company in India.
2. National Insurance Company limited was nationalized in the year 1972 and made a subsidiary of General Insurance Corporation of India.
3. Headquarters of United India Insurance Company limited are located at Chennai.
Which of the statements given above are correct? [lAS2006)
1, 2 and 3
1 and 2, only
2 and 3, only
1 and 3, only
All of the following are subsidiaries of the State Bank of India, except:
State Bank of Bikaner and Jaipur
Central Bank of India
State Bank of Hyderabad
State Bank of Patiala
The system of value added taxation is applicable to:
excise duties
income tax
estate duty
taxes on agricultural income
The number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
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
Which of the following are the functions of the Central Bank of India? [Railways 1992]
1. Regulation of currency and flow of credit system
2. Maintaining exchange value of rupee
3. Formulating monetary policy of India
4. Supervisory powers over the indigenous bankers and leasing companies
1 and 3
1, 2 and 3
1, 2 and 4
1, 2, 3 and 4
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
The basic regulatory authority for mutual funds and stock markets lies with the:
Government of India
Reserve Bank of India
Securities and Exchange Board of India
Stock Exchanges
Private Sector Mutual Funds in India were permitted in [UP PCS 2011]
1964
1993
1994
2001
Consider the following statements: [IAS 2004]
1. Reserve Bank of India was nationalized on 26 January, 1950
2. The borrowing programme of the Government of India is handled by the Department of Expenditure, Ministry of Finance
Which of the statements given above is/are correct?
1 only
2 only
Both 1 and 2
Neither 1 nor 2
A Scheduled Bank is one which is included in the: [CPO SI 2002]
II Schedule of Banking Regulation Act
II Schedule of Constitution
II Schedule of Reserve Bank of India Act
None of the above
What do you understand by Bear raid?
An attempt to bring down the price of strong short selling
Simulataneous buying of shares and debentures in view of getting more values in near future
Higher rate of price paid for the particular government share or debentures
Any of the above
The arguments to support opening up of the Insurance sector in India were:
1. It will provide wider choice to customers
2. It will infuse competition and efficiency
3. It will widen the base of long term funds
4. It will improve balance of payments position
Choose the correct answer from:
1, 2
2, 3
1, 2, 3
1, 2, 3 and 4
The central banking functions in India are performed by the: [CPO AC 2003]
Central Bank
State Bank of India
Reserve Bank of India
Both b. and c.
How do we define the terms bull and bear with regard to stock markets?
A bull is an optimistic operator who first buys and then sells shares in expectation of the price going up; a bear is a pessimistic market operator who sells the shares in expectation of buying them back at a lower price
There is nothing significantly different as both operate in the capital market
Bull is one who first sells a share and then buys it at a lower price; bear means one who first buys and then sells it in expectation of prices going up
A bull is ready to buy any share; a bear only deals in government securities
When was the Reserve Bank of India taken over by the Government? [PCS 1994]
1945
1948
19S2
1956