banking, security market & insurance section 3 MCQ Questions & Answers Detailed Explanation

Question : 1

SEBI was established in the year

a) 1985

b) 1990

c) 1991

d) 1988

Question : 2

The banks which are implementing the Micro Finance Programme linked with Self Help Groups (SHGs) are

a) Co-operative banks and Regional Rural Banks, only

b) Regional Rural Banks and Commercial Banks, only

c) Commercial Banks and Co-operative Banks only

d) Commercial Banks, Regional Rural Banks and Co-operative Banks

Question : 3

The Rural infrastructure fund set up in 1995 – 96, is maintained by the

a) NABARD

b) State Bank of India

c) Reserve Bank of India

d) Regional Rural Bank

Question : 4

India Brand Equity Fund was established in

a) 1997

b) 1995

c) 1996

d) 1992

Question : 5

Open - market operations of Reserve Bank of India refer to

a) transaction in gold

b) auctioning of Foreign Exchange

c) trading in securities

d) none of the above

Question : 6

According to extant RBI guidelines, ‘Payment Banks’ are not permitted to

a) distribute mutual fund/insurance/pension products

b) accept remittances to be sent to multiple banks

c) set up branches or ATMs

d) set up subsidiaries to undertake NBFC activities