Which of the following statements is/are correct?
1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds
Select the correct answer using the code given below: [CDS 2012]
1 only
2 only
3 only
1 and 3
Correct Answer :
A. 1 only
Related Questions
The Imperial Bank of India, after nationalisation was given the name of:
Reserve Bank of India
Bank of India
State Bank of India
Indian Overseas Bank
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
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 first Bank established in India was
Punjab National Bank
Traders Bank
State Bank of India
Bank of Hindustan
Which of the following activities would Small Industries Development Bank of India (SIDBI) undertake under the new rural industrialisation programme? [Bank PO 1994]
1. Consultation in erecting the project
2. Providing marketing assistance and refinance facilities at later stage
3. Running the project during initial stage
Only 1and 2
Only 2 and 3
Only 2
Only 1
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 primary objective of Unit Trust of India is:
to assist the industries in financial difficulties
to diffuse the benefit of development among the masses
to accumulate funds for public investment expenditure
to promote the investment habit among those who have not been able to diversify investment risk
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
Nationalisation of banks was done with the purpose of:
financing the industries
improving credit facilities
consolidating the economy
improving security of deposits
Which of the following is not true about the Reserve Bank of India?
It regulates the currency and credit system of India
It maintains the exchange value of the rupee
Foreign exchange reserves are kept by RBI
One rupee notes and coins are issued by RBI
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 RBI has regional offices at various places. At which of the following places it does not have an office? [RBI Grade B Officer 2011]
Kota
Nagpur
Lucknow
Panaji
The functions of the Reserve Bank of India are:
1. issuing all notes and coins
2. distributing all notes and coins
3. formulating monetary policy
4. acting as agent of Government in respect of India's membership of the IMF
1, 3 and 4
2 and 3
2, 3 and 4
1, 2, 3 and 4
The oldest stock exchange of India is :
Bombay Stock Exchange
Ahmedabad Stock Exchange
Bangalore Stock Exchange
Hyderabad Stock Exchange
The difference between a bank and a non-banking financial institution (NBFI) is that: [IAS 1994]
a bank interacts directly with customers while an NBFI interacts with banks and governments
a bank indulges in a number of activities relating to finance with a range of customers, while an NBFI is , mainly concerned with the term loan needs of large enterprises
a bank deals with both internal and international customers while an NBFI is mainly concerned with the finances of foreign companies
a bank's main interest is to help in business transactions and saving/investment activities while an NBFl's main interest is in the stabilisation of the currency
'Repo rate' is the rate at which: [CDS 2004]
the Reserve Bank of India lends to State Government
the international aid agencies lend to Reserve Bank of India
the Reserve Bank of India lends to banks
the banks lend to Reserve Bank of India
What is the role of 'Over-the Counter Exchange' (OTC)?
Help in the introduction of multi-tiered markets and import liquidity to them
Help to overcome the balance of payment crisis
To arrange funds from different foreign banks of developing/ under developing countries
All of the above
In which year, some more commercial banks (in addition to the first lot of 14) were nationalised in India?
1976
1979
1980
1982
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
The largest Public Sector Bank in India is: [CDS 1991]
Central Bank
State Bank of India
Punjab National Bank
Indian Overseas Bank
Word Bull and Big are associated with which branch of commercial activity? [UP PCS 2002]
Foreign Trade
Banking
Share Market
Manufacturing
Which of the following are under the purview of Industrial Development Bank of India?
1. Unit Trust of India
2. Life Insurance Corporation of India
3. Export-Import Bank
4. State Finance Corporation of India
1, 2 and 3
2, 3 and 4
1, 3 and4
1, 2 and 4
The number of Banks nationalised since 1969 is : [PCS 1994]
8
12
14
20
Debenture holders of a company are its:
shareholders
creditors
debtors
directors
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 main difference between shares and debentures is :
debentures can only be issued after shares
shareholders receive dividend on shares whereas debenture holders receive interest on debentures
debentures can be partly converted into shares whereas shares cannot be converted into debentures
shareholders are the owners of the company whereas debenture holders are the creditors of the company
Which of the following statements is/are correct?
1. NIFTY is based upon 50 firms in India.
2. NIFTY is governed and regulated by the Reserve Bank of India.
3. NIFTY does not trade in mutual funds
Select the correct answer using the code given below: [CDS 2012]
1 only
2 only
3 only
1 and 3
Which of the following is the Banker of the Banks? [Railways 1995]
IDBI
SBI
RBI
SBI and RBI
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
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