banking, security market & insurance section 1 MCQ Questions & Answers Detailed Explanation

Question : 1

RBI’s first census of India’s foreign Assets & Liability as on 30 June 1948 revealed total foreign business investments of Rs. 302 cr, out of it what was the % of British investments in India?

a) 72 %

b) 60 %

c) 51 %

d) 91 %

Question : 2

A currency which either has a missing portion or is composed of more than two pieces is categorized as a

a) Detached Note

b) Imperfect Note

c) Soiled Note

d) Mutilated Note

Question : 3

Which among the following agency regulates the Mutual Funds in India?

a) Indian Bank Association

b) National Stock Exchange

c) RBI

d) SEBI

Question : 4

The Insurance Regulatory and Development Authority was set up in India on

a) April 2003

b) April 2001

c) April 2002

d) April 2000

Question : 5

Debenture holders of a company are the

a) Directors

b) Creditors

c) Debtors

d) Shareholders

Question : 6

The word “Actuaries” is related to

a) Share-market

b) Insurance

c) Banking

d) None of the above