banking, security market & insurance section 4 MCQ Questions & Answers Detailed Explanation

Question : 1

Consider the following sentences regarding ‘India Post Payment bank’

1. It is third entities that get approval from Reserve Bank of India.
2. It can accept deposits up to 3 lakh per account from individuals.

a) 1 and 2

b) Only 2

c) Only 1

d) None of the above

Question : 2

Which one of the following is related to the regulation of stock exchange operations?

a) Stock holding corporation of India

b) SEBI

c) SIDBI

d) SAIL

Question : 3

With reference to Asian Development Bank, consider the following statements

1. The United States has the largest proportion of shares in the voting system.
2. China and India have the same percentage of shares for the voting system.

a) Both I and II

b) Only II

c) Only I

d) Neither I nor II

Question : 4

The Bandhan Banking Limited is an Indian banking and financial services company Headquartered in

a) Hyderabad, Telangana

b) New Delhi, Delhi

c) Mumbai, Maharashtra

d) Kolkata, West Bengal

Question : 5

To prevent recurrence of scams in Indian capital market the Government of India has assigned regulatory power to

a) ICICI

b) RBI

c) SBI

d) SEBI

Question : 6

Choose the correct statements in the context of Cooperative Banks in India.

1. Cooperative Banks operate on no profit no loss basis.
2. Cooperative Banks are allowed to operate only in the agriculture sector.
3. NABARD is a Cooperative Bank.

a) 1 and 3

b) 1 and 2

c) 1 only

d) All of these