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

Question : 1

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 : 2

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

a) Indian Bank Association

b) National Stock Exchange

c) RBI

d) SEBI

Question : 3

In India, which of the following has the highest share in the disbursement of credit to agriculture and allied activities?

a) Regional Rural Banks

b) Co-operative Banks

c) Commercial Banks

d) Microfinance Institutions

Question : 4

A third-party administrator (TPA) is an organisation associated with the claim settlement process in the

a) Commodity market

b) Insurance industry

c) Exchange markets

d) Mutual fund industry

Question : 5

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 : 6

Debenture holders of a company are the

a) Directors

b) Creditors

c) Debtors

d) Shareholders