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IMPORTANT FINANCIAL MCQs

Important Financial, Finance, International Trade And Finance

Total Questions : 66 | Page 3 of 7 pages
Question 21. What is the minimum public shareholding (MPS) mandated by SEBI for Private Companies and PSUs respectively?
  1.    75% and 90%
  2.    90% and 75%
  3.    10% and 25%
  4.    25% and 10%
 Discuss Question
Answer: Option D. -> 25% and 10%




Question 22. Which of the following schemes are not meant for investment purposes?
  1.    national saving certificate
  2.    mutual funds
  3.    infrastructure bonds
  4.    letter of credit
 Discuss Question
Answer: Option D. -> letter of credit




Question 23. What was the purpose of setting up Narsimhan committee-2?
  1.    efficiency and productivity of financial institution
  2.    banking reform process
  3.    export of it sector
  4.    fiscal reform process
 Discuss Question
Answer: Option B. -> banking reform process




Question 24. Upper limit on investment in Kisan Vikas Patra (KVP)is ___
  1.    Rs. 5000
  2.    Rs. 10000
  3.    Rs. 50000
  4.    No upper limit
 Discuss Question
Answer: Option D. -> No upper limit




Question 25. Which of the following is a type of bank account?
  1.    Savings
  2.    Recurring
  3.    Fixed
  4.    a,b and c
 Discuss Question
Answer: Option D. -> a,b and c




Question 26. Slogan of Reserve Bank of India is _________.
  1.    India's central bank
  2.    World wise
  3.    Honors your trust
  4.    Invest with confidence
 Discuss Question
Answer: Option A. -> India's central bank




Question 27. Money Market is divided into how many types?
  1.    2
  2.    5
  3.    3
  4.    4
 Discuss Question
Answer: Option C. -> 3




Question 28. An Non-Resident Ordinary Rupee Account for non-resident Indians has a limit of ___.
  1.    $50000
  2.    $1 million
  3.    $1000000
  4.    $2.5 million
 Discuss Question
Answer: Option B. -> $1 million




Question 29. What is the type of cheque which is presented for payment after 3 months from the date of the cheque?
  1.    Stale Cheque
  2.    Post-Dated Cheque
  3.    Ante-Dated Cheque
  4.    Order Cheque
 Discuss Question
Answer: Option A. -> Stale Cheque




Question 30. A loan to pay for a home, business or other real estate over a period of time is a _______.
  1.    Credit
  2.    Deposit
  3.    Mortgage
  4.    Bankruptcy
 Discuss Question
Answer: Option C. -> Mortgage




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