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IFS Mcq Question Set 1

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The availability of cash and other cash like marketable instruments that are useful in purchases and investments are commonly known as ____





βœ… Correct Answer: 1

Banking sector comes under which of the following sectors ____





βœ… Correct Answer: 2

A set of complex and closely connected instructions, agents, practices, markets transactions, claims and liabilities relating to financial aspects of an economy is referred as: _____.





βœ… Correct Answer: 1

___ is a market for financial assets which have a long or indefinite maturity.





βœ… Correct Answer: 2

___was constituted to protect the interests of investors in securities and to promote the development of and to regulate the securities market through appropriate measures.





βœ… Correct Answer: 2

The maximum load that a fund can exchange is determined by ___





βœ… Correct Answer: 1

NBFC performs great role for finance in ____





βœ… Correct Answer: 3

NBFC is a company registered under _____





βœ… Correct Answer: 3

Finance is not available in the following factories service ______





βœ… Correct Answer: 3

Sales Ledger Administration is available in the following factoring services_____





βœ… Correct Answer: 3

Credit Protection is available in ____





βœ… Correct Answer: 1

Under forfaiting the client is able to get credit facility to the extent of____





βœ… Correct Answer: 1

Full service factoring is often____





βœ… Correct Answer: 1

The process of selling trade debts of a client to a financial intermediary is called______





βœ… Correct Answer: 1

___ __ services are mainly provided to foreign investors





βœ… Correct Answer: 1

The Idea of providing factoring services was first thought of in India by_____.





βœ… Correct Answer: 3

The central theme of forfaiting is the purchasing of ________by a financial service company.





βœ… Correct Answer: 2

Refactoring charges have to be paid in the case of ____





βœ… Correct Answer: 1

Buying a company’s accounts receivable on a nonrecourse basis is known as _____





βœ… Correct Answer: 3

Which of the following is not necessarily a party to a forfaiting transaction?





βœ… Correct Answer: 3

The greatest security for a banker is that a_____





βœ… Correct Answer: 1

The buyer accepts the invoice and acknowledges _______ on the due date





βœ… Correct Answer: 2

______has constantly endeavoured to develop the commercial bills market.





βœ… Correct Answer: 2

The _______ bill is properly stamped.





βœ… Correct Answer: 2

The practice of discounting accommodation bills is known as ___





βœ… Correct Answer: 2

No stamp duties are levied on LC backed bills up to _______ days.





βœ… Correct Answer: 2

β€œProspectus” is the most important document for the Company to come out with a ______issue.





βœ… Correct Answer: 2

______ Banks help to revive (cure) sick industrial units.





βœ… Correct Answer: 2

An ________relieves the company of the risk and uncertainty of marketing the securities.





βœ… Correct Answer: 1

Underwriters build up ______ confidence in the issue of securities.





βœ… Correct Answer: 2

The primary role of the ________ is to purchase securities from the issuer and resell them to investor.





βœ… Correct Answer: 1

A_________ include the following call for periodical report from the company.





βœ… Correct Answer: 3

______ is the process of updating the accounts of the trading parties.





βœ… Correct Answer: 2

______are financial contracts that derive their value from an underlying assets.





βœ… Correct Answer: 3

_____ look for opportunities to take on risk in the hope of making return





βœ… Correct Answer: 3

Buying low in one market and selling high in the other market , it called ___





βœ… Correct Answer: 1

Membership of ________ can be taken by an individual, Registered Partnership Firm, Corporate or bank





βœ… Correct Answer: 3

A very long tenure lease applicable to immovable properties is_____.





βœ… Correct Answer: 3

In __________ leasing, the risk of obsolescence is assumed by the lessee.





βœ… Correct Answer: 2

In hire purchase depreciation can be claimed by the____.





βœ… Correct Answer: 2

____is referred as both fund based and fee based financial service.





βœ… Correct Answer: 3

Hire purchase Act passed in the year_____.





βœ… Correct Answer: 3

The term _________ refers financial investment in highly risky and growth oriented venture with the objective of earning a high rate of retune.





βœ… Correct Answer: 2

IDBI, IFCI, ICICI etc. are promoted by_____.





βœ… Correct Answer: 1

____is known as mezzanine capital.





βœ… Correct Answer: 1

The first nationalized bank in India to start a VCF ____





βœ… Correct Answer: 2

The setting up of the National Housing Bank (NHB), a fully owned subsidiary of the Reserve Bank of India in _____ as the apex institution marketed the beginning of emergence housing finance as a fund based financial services in India.





βœ… Correct Answer: 3

The NHB, which a wholly – owned subsidiary of the_____.





βœ… Correct Answer: 3

Pradhan Mantri Awaas Yojana was lunched in _____with an aim to provide affordable housing to urban poor





βœ… Correct Answer: 2

The early stage financing of venture capital includes _____





βœ… Correct Answer: 3