Financial Awareness Quiz 2

The following is a quiz on Financial Awareness for NABARD, RBI, SEBI, SBI, IBPS. The quiz comprises 10 questions each carrying 1 mark. For any wrong answer, you will be awarded -.25 marks.

1. Which of the following is not an SDR?

Chinese Yuan

US Dollar

Japanese Yen

Australian Dollar

None of the above

2. After how many years does IMF review an SDR?

5 Years

4 Years

3 Years

2 Years

None of the above

3. Which of the following is correct?

Mutual Fund is an Asset Management Company.-

An SDR is not necessarily a supplementary foreign exchange reserve asset.

SEBI controls only the Capital Market in India.

All notes are negotiable instruments except a cheque.

None of the above

4. Chit funds come under

Capital Market

Money Market

Government Securities Market

Long Term Loans Market

None of the above

5. The Unorganized Sector comes under

Capital Market

Money Market

Forex Market

Any of the above

None of the above

6. The Forex Market deals with

Global business

Global companies

Global transfer of funds

Money convertibility

None of the above

7. Which of the following is the most appropriate statement?

Short, medium and long-term loans are provided to corporate and individuals by banks, FIs and NBFCs.

In Credit Market, banks provide only the short and medium term loans to corporate and individuals.

In Credit Market, banks and other financial institutions provide loans only to corporate.

In Credit Market, banks and MFs provide all kinds of loans to corporate and individuals.

None of the above

8. Which of the following is not a Financial Instrument?

Call money

Inter-bank term money

Equity shares

MNREGA

None of the above

9. What is Term Money?

It is the deposits with maturity period beyond 30 days.

It is the deposits with maturity period beyond 14 days.

It is the deposits with maturity in 30 days.

It is the deposits with maturity of at least 30 days.

None of the above

10. Which of the following is the correct option with Treasury Bills?

Treasury Bills are long term borrowing instruments of the union government.

Treasury Bills are short term borrowing instruments of the union government.

Treasury Bills are for more than one year.

Treasury Bills are not issued by the Government.

None of the above