{"id":10307,"date":"2024-07-12T09:37:30","date_gmt":"2024-07-12T08:37:30","guid":{"rendered":"https:\/\/mcqsadda.com\/?p=10307"},"modified":"2024-07-17T12:01:23","modified_gmt":"2024-07-17T11:01:23","slug":"financial-institutions-set-1","status":"publish","type":"post","link":"https:\/\/mcqsadda.com\/index.php\/2024\/07\/12\/financial-institutions-set-1\/","title":{"rendered":"Financial Institutions Set &#8211; 1"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>1. <strong><strong><strong><strong>Which one among the following has not started commercial banking?<\/strong><\/strong><\/strong><\/strong><\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. SIDBI<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B.  IDBI<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. ICICI<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. UTI<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER: A.SIDBI<BR>\nSOLUTION :SIDBI does not accept deposits and hence it is a financial institution not a commercial bank.<\/p>\n<\/div>egin\n\n\n\n<h2 class=\"wp-block-heading\"><strong>2. What is OTP in credit card transaction?<\/strong><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>A. Odd transaction password<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. Owner is trading passcode<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. One time password<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. One time pin code<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER:C.One time password<BR>\nSOLUTION: \nOne-time Password or OTP is a numerical code sent to your Registered Mobile Number (RMN) while you make online Credit Card transactions. The code comprises a four to six digit passcode randomly generated through automated software when your bank or Credit Card company receives the transaction request.<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>3. The powers of controllers of capital issues of India is now shifted to _______.<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. \u00a0Ministry of Finance<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. \u00a0\u00a0SEBI<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. AMFI<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. Ministry of Corporate Office<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER : B.SEBI<BR>\nSOLUTION: \nThe powers of the Controller of Capital Issues (CCI) in India were shifted to the Securities and Exchange Board of India (SEBI) in 1992. The Capital Issues (Control) Act of 1947 was repealed in May 1992, allowing issuers of securities to raise capital without requiring consent from any authority. \n<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>4. Which one is not finance company?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. Hire purchase finance company<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. IRDA<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. Mutual benefit finance company<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. Loan companies<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER: B.IRDA<BR>\nSOLUTION: \nIRDA is not a finance company.<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>5. \u00a0The securities and exchange board of India was not entrusted with the function of _____________.<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. Investor protection<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. Ensuring fair practices by companies<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C.  \u00a0Promotion of efficient services by brokers<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. \u00a0Improving the earning of equity holders<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER: D.Improving the earning of equity holders<BR>\nSOLUTION: \nImproving the earnings of equity holders. <\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>6. \u00a0Which one is not non &#8211; marketable securities<\/strong>?<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A.  Corporate securities<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. Bank deposits<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. Deposits with company<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. Post office certificate deposits<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER:A.Corporate securities<BR>\nSOLUTION: \nA non-marketable security is an asset that is difficult to buy or sell due to the fact that they are not traded on any major secondary market exchanges.<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>7. Which one of the following is not an instrument of credit control in the banking system ?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. Open market operations<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B.  Cash reserve ratio<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. Tax rates<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. All of the above<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER: C.Tax rates<BR>\nSOLUTION :\nTax rates. Open market operations are the buying and selling of government securities by the central bank.\n<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>8. \u00a0Which of the following is not a function of a rural bank?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. To accept deposits<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. To waive loans <\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. To grant advances<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. To supply input of farmers<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER:D.To supply input of farmers<BR>\nSOLUTION:\nTo supply input of farmers.<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>9. From which date have all banks started sharing their ATM force of cost for transactions?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. January 1 , 2009<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. April 1 , 2009<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. July 1 , 2009<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. September 1 , 2009<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER: B.April 1 , 2009<BR>\nSOLUTION: \nApril 1 , 2009\n<\/p>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>10. Which of the following is not the fund based business of commercial banks ?<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>A. D. P Corporation<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>B. Loans<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>C. Deposits<\/strong><\/h3>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>D. Depositing bills<\/strong><\/h3>\n\n\n\n<button class=\"acc\">ANSWER &#038; SOLUTION<\/button>\n<div class=\"pnl\">\n  <p>ANSWER: A.D. P Corporation<BR>\nSOLUTION:\nDp Corporation was founded in 2004. The Company&#8217;s line of business includes providing computer processing and data preparation services.\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>1. Which one among the following has not started commercial banking? A. SIDBI B. IDBI C. ICICI D. UTI ANSWER &#038; SOLUTION ANSWER: A.SIDBI SOLUTION :SIDBI does not accept deposits and hence it is a financial institution not a commercial bank. egin 2. What is OTP in credit card transaction? A. Odd transaction password B.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[5654,5655,5646,5540,4029,5649,5652,5534,5536,5533,5539,5541,5532,5535,5537,5538],"class_list":{"0":"post-10307","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economics","7":"tag-economics-mcqs-for-sda-fda-pdo-vao-banking-kas-ias-ssc-gd-ssc-chsl-ssc-cgl-for-all-compitative-exams","8":"tag-economics-mcqs-for-sda-fda-pdo-vao-banking-kas-ias-ssc-gd-ssc-chsl-ssc-cgl-for-all-compitative-examsin-kannada","9":"tag-exam-veda","10":"tag-from-which-date-have-all-banks-started-sharing-their-atm-force-of-cost-for-transactions","11":"tag-mcqs-adda","12":"tag-mcqs-for-pc-psi-sda-fda-pdo-vao-banking-kas-ias-ssc-gd-ssc-chsl-ssc-cgl-for-all-compitative-exams","13":"tag-mcqs-for-pc-psi-sda-fda-pdo-vao-banking-kas-ias-ssc-gd-ssc-chsl-ssc-cgl-for-all-compitative-examsin-kannada","14":"tag-the-powers-of-controllers-of-capital-issues-of-india-is-now-shifted-to-_______","15":"tag-the-securities-and-exchange-board-of-india-was-not-entrusted-with-the-function-of-_____________","16":"tag-what-is-otp-in-credit-card-transaction","17":"tag-which-of-the-following-is-not-a-function-of-a-rural-bank","18":"tag-which-of-the-following-is-not-the-fund-based-business-of-commercial-banks","19":"tag-which-one-among-the-following-has-not-started-commercial-banking","20":"tag-which-one-is-not-finance-company","21":"tag-which-one-is-not-non-marketable-securities","22":"tag-which-one-of-the-following-is-not-an-instrument-of-credit-control-in-the-banking-system"},"_links":{"self":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts\/10307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/comments?post=10307"}],"version-history":[{"count":2,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts\/10307\/revisions"}],"predecessor-version":[{"id":10327,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/posts\/10307\/revisions\/10327"}],"wp:attachment":[{"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/media?parent=10307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/categories?post=10307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mcqsadda.com\/index.php\/wp-json\/wp\/v2\/tags?post=10307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}